Discover AAA Savings Account Review (2017.11 Update: $150/$200 Offer Is Expired)

Discover AAA Savings Account Review

2017.11 Update: The bonus is expired.

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Benefits

  1. New account opening bonus of $150/$200! See below for detailed requirements. Apply before 2017.10.31, and deposit at least $15,000/$20,000 before 2017.11.15.
  2. According to data points, you don’t have to be an AAA member to open this account and get the account opening bonus!
  3. $0 monthly fee.
  4. No early termination fee, you can close the account whenever you want.
  5. Interest rate (APY): 1.15%.

Bonus Requirements

  1. This bonus is only available for new clients of Discover AAA Savings Account. Those who are already have or used to have a Discover AAA Savings Account are not eligible for the bonus offer.
  2. Three different Discover Savings accounts are considered to be different product, so you can get all of the bonus!
  3. You』ll have to deposit at least $15,000/$20,000 before 2017.11.15. Note that the terms don’t mention the deposit needs to be “new money”. The official website does not tell you how many days you need to keep these in your account, but I suggest you keep it until you receive the bonus.

How to Avoid the Monthly Maintenance Fee

  1. There is no monthly maintenance fee.

Summary

This account is basically the same as the regular Discover Savings account and Discover AAII Savings account, and is a great account in terms of APY and account opening bonus. Now they have high account opening bonus, and you are eligible to get all three bonuses! If you have $20k money to move around, then you can open the regular savings account, get the bonus, and then move the money to this account to get another bonus.

Related Bank Accounts

According to data points, these three different Discover Savings accounts are considered to be different product, so you can get all of the bonus!

Historical Offers Chart

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