Discover Bank has a bonus for new AAA Savings Accounts. This is similar to the offer that they have for their own savings account, but it gives you a chance to get the bonus once again.
Offer Requirements
To get your $150 or $200 Bonus offer:
- Apply for your first AAA Online Savings Account from Discover Bank by 10/31/17. Enter Offer Code AAABONUS when applying.
- Deposit a total of at least $15,000 into your account by 11/15/17 to earn a $150 Bonus or
- Deposit a total of at least $20,000 into your account by 11/15/17 to earn a $200 Bonus.
Bonus will be credited to the account by 11/30/17. Bonus is considered interest and will be reported on IRS Form 1099-INT. Offer may be modified/withdrawn without notice.
Eligibility
Offer is available nationwide, but not valid for existing or prior AAA savings customers.
Account Fees
The account doesn’t have any monthly fees, minimum balance fees or early closing fees.
Guru’s Wrap-Up
This is a good bonus, much better than the previous one of $100. But it does require a large amount of money to be deposited in the account. It doesn’t have to be a direct deposit, and it doesn’t have to be deposited in one lump sum of $15K or $20K, which is good. If you have the $20K, then just do an ACH and then take the money out (it does earn 1.20%APY). That should be enough to trigger the bonus.
You should also qualify for this bonus even if you’ve received the same bonus previously for the Discover Online Savings account, which had similar requirements.
You can also check our full list of available bank bonuses.
Offer Details
- Apply Here
- Promo Code: AAABONUS
- Bonus: $200
- Account Type: AAA Savings Account
- Availability: Nationwide
- Expiration Date: 10/31/2017
- Inquiry Type: Soft pull
- Credit Card Funding: No
- Direct Deposit Requirement: No
- Other Requirements: Deposit at least $15K/$20K by 11/14/17
- Monthly Fees: No
- Closing Account Fee: No
HT: DoC
Hello, do I have to be a AAA member to qualify for this offer? Also, if the money is currently in a Discover account can I transfer to fund it? Thanks in advance,
You don’t need to be an AAA member. And also there’s some data points that transferring from Discover will work, but I would suggest to play it safe and transfer from a different bank.
Thank you, DDG!