SwitchWize

Independent rankingsNo paid placementRates updated daily

Discover Bank

Discover Money Market

Stable
by Discover BankFDIC Insured
SW
SwitchWize Expert Verdict

Discover Money Market — competitive APY with strong fundamentals.

Discover Money Market by Discover Bank offers a 4.05% APY and consistently ranks among the top options in its category based on our daily rate monitoring.

Bottom line: Discover Money Market is a solid choice. Compare it against our top-ranked alternatives to find your best match.
4.05%
APY
#4
Category rank
$2,500
Min. balance
4.05%
APY · Updated Apr 2
Open Account at Discover Bank

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FDIC insured up to $250,000
Low switching friction
Ranked #4 in Money Market

Expert Analysis

Discover Money Market by Discover Bank offers a 4.05% APY and consistently ranks among the top options in its category based on our daily rate monitoring.

SwitchWize Research

Best for

  • Savers looking for a competitive APY from a trusted institution

Not ideal for

  • Borrowers or savers who need the absolute top rate in the market