Discover BankDiscover Money Market
APY
4.05%
Min. to Open
$2,500
Monthly Fee
No monthly fee
Welcome Bonus
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Discover Money Market
Discover Money Market
4.05% APY; 24/7 support. April 2026.
Our take
Solid rate plus Discover’s U.S.-based customer service reputation.
Highlights
What we like
Competitive for April 2026
FDIC insured (typical for US banks)
The trade-off
Confirm live rate and offer on issuer site
Is this account right for you?
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Full details
Rate & Earnings
| APY | 4.05% |
| APY conditions | Variable |
| Minimum balance for APY | $2,500 |
Fees & Requirements
| Monthly fee | No monthly fee |
| Minimum to open | $2,500 |
Features
| FDIC insured | FDIC insured |
| Mobile app | Mobile app |
| ATM access | ATM access |
Frequently asked questions
What is the current APY on this account?
The current APY is 4.05%. Variable
Is my money protected?
Yes — this account is FDIC insured up to $250,000 per depositor, per institution. Your money is safe even if the bank fails.
How do I access my money?
ATM withdrawals are available. You can transfer funds electronically to a linked checking account, typically within 1–3 business days.
Are there any hidden fees?
This account has no monthly maintenance fee. Always review the full fee schedule for wire transfer, outgoing transfer, or other service fees.
Discover Money Market