New Discover Savings Bonus, Get Up To $200 With $25K Deposit

Discover has a savings account bonus that can earn you either $150 or $200. It is available nationwide to those who haven’t had an account in the past. This Discover savings bonus is back again, after a long pause. Check out the details of the offer below.

Offer

To get your Bonus:

Apply for your first Discover Online Savings Account by 12/15/21
Enter offer code OBR21 when applying.
Within 30 days, deposit a total of at least:
- $15,000 into your account to earn a $150 Bonus
- $25,000 into your account to earn a $200 Bonus.

Maximum bonus eligibility is $200 per account. Bonus will be credited to the account within 30 days of the account qualifying for the bonus. Bonus is considered interest and will be reported on IRS Form 1099-INT.

Eligibility

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.

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.

Guru’s Wrap-Up

We last saw this Discover Savings bonus over a year ago. It is 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 $15K or $25K. But you need to deposit that total amount into your new account. Once you do, then you can pull the money out, since it doesn’t have any requirements to keep the money there.

If this bonus is not for you, then you can check our full list of available bank bonuses. If you’re new to bank account bonuses, you can learn more about churning bank accounts here. Bank bonuses are a great way to generate some extra income, so it is worth looking into them. You can can definitely bring a few thousands of dollars annually, and most requirements can be easily completed from home.