Discover Savings $500 Bonus
Discover has long offered a $200 bonus for its Savings account. But now there’s a new promo code that can get you a $500 bonus instead. This offer is available nationwide to those who haven’t had an account in the past. This Discover savings account also earns a 3.60% APY. Check out the details of the offer below. Check out the details of the offer below.
Offer Details
To get your Bonus:
- Apply for your first Discover Online Savings Account online or by phone by 6/11/2025
- Enter offer code BONUS525D2 when applying.
- Within 45 days, deposit a total of at least:
- $15,000 to earn a $150 Bonus.
- $50,000 to earn a $500 Bonus.
Bonus will be credited to the account within 60 days of qualifying for the bonus. Bonus is subject to tax reporting.
Who Is Eligible for this Discover Bonus
- Offer is available nationwide.
- Offer not valid for existing or prior Discover savings customers or existing or prior customers with savings accounts that are co-branded, or affinity accounts provided by Discover.
- Eligibility is based on primary account owner.
Account Fees
Discover Online Savings Account doesn’t have any monthly fees or early closing fees, but you need to have the account open when bonus posts.
Account must be open when bonus is credited.
Guru’s Wrap-Up
This is a better bonus that the usual $200. It is also an easy bonus if you have the required amounts to deposit. It doesn’t have to be a direct deposit, and it doesn’t have to be deposited in one lump sum of $50K. But you need to deposit that total amount into your new account within 45 days. Once you do, then you can pull the money out, since it doesn’t have any requirements to keep the money there.
Bank bonuses are a great way to earn some extra income, often from the comfort of your home. You can take a look at my bank bonus results for 2022 where I made over $6,000. If this bonus is not for you, then you can check our full list of available bank bonuses. And, if you’re new to bank account bonuses, you can learn more about churning bank accounts here.
💡 Link & Key Details
- OFFER PAGE
- Max Bonus: $500
- Promo Code: BONUS525D2
- Account Type: Online Savings Account
- Availability: Nationwide
- Inquiry Type: Soft pull
- Credit Card Funding: No
- Direct Deposit Requirement: No
- Other Requirements: Deposit $50K within 30 days
- Monthly Fee: None
- Closing Account Fee: Must be open to get the bonus
- Expiration Date: 6/11/25
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