How to Apply for a Discover Bank Account

Discover Bank is an online bank that offers a variety of checking and savings accounts, as well as credit cards and loans. If you’re interested in opening a Discover bank account, here’s how to do it:

1. Choose an account

The first step is to choose the type of account you want to open. Discover Bank offers the following checking and savings accounts:

Cashback Debit: This account earns 1% cash back on up to $3,000 in monthly purchases. There are no monthly fees, and you can get paid up to two days early with direct deposit.
Savings Account: This account earns a competitive interest rate, and there are no minimum balance requirements.
Certificates of Deposit (CDs): Discover Bank offers a variety of CD terms, ranging from 6 months to 5 years. You can earn a higher interest rate by locking up your money for a longer period of time.

2. Gather your information

Once you’ve chosen an account, you’ll need to gather some information to complete your application. This will include your:

Social Security number
Date of birth
Driver’s license or state ID number
Contact information
Banking information (if you want to link an existing account)

3. Apply online

You can apply for a Discover bank account online in just a few minutes. Simply go to the Discover Bank website and select the account you want to open. You’ll then be prompted to enter your information and review your application.

4. Verify your identity

Once you’ve submitted your application, you may be asked to verify your identity. This may involve uploading a copy of your driver’s license or state ID, or answering a few questions about your credit history.

5. Open your account

Once your identity has been verified, your account will be opened and you’ll be able to start using it. You’ll receive an email with instructions on how to access your online banking account and set up your debit card.

Additional tips

Read the fine print: Before you open any bank account, be sure to read the fine print carefully. This will help you understand the fees, interest rates, and other terms and conditions associated with the account.
Compare accounts: It’s a good idea to compare different bank accounts before you choose one. This will help you find the account that best suits your needs.
Consider your needs: When choosing a bank account, consider your needs and how you plan to use the account. For example, if you travel frequently, you may want an account that offers no foreign transaction fees.

How to apply for a Discover Bank account if you are not a US citizen

If you are not a US citizen, you may still be able to apply for a Discover bank account. However, you will need to meet some additional requirements. These requirements may include:

Having a valid Social Security number or Individual Taxpayer Identification Number (ITIN)
Having a valid US passport or visa
Having a US bank account
Providing proof of income
Providing proof of address