Banking » Compare Banks » Discover vs Bank of America: Which is Better For You?
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Discover vs Bank of America: Which is Better For You?

Although Bank of America does have a larger product line with options for business loans and government mortgages, the Discover products do seem to have the edge. Here's our banking comparison.
Author: Lorraine Smithills
Lorraine Smithills

Writer, Contributor

Experience

Lorraine is a freelance finance writer with years of experience in the banking sector and after a successful career in one of the largest retail and commercial financial services providers. She has a passion for helping people with less financial confidence to get control of their money through budgeting, saving, and responsible credit practices.
Interest Rates Last Update: June 3, 2024
The banking product interest rates, including savings, CDs, and money market, are accurate as of this date.
Author: Lorraine Smithills
Lorraine Smithills

Writer, Contributor

Experience

Lorraine is a freelance finance writer with years of experience in the banking sector and after a successful career in one of the largest retail and commercial financial services providers. She has a passion for helping people with less financial confidence to get control of their money through budgeting, saving, and responsible credit practices.
Interest Rates Last Update: June 3, 2024

The banking product interest rates, including savings, CDs, and money market, are accurate as of this date.

We earn a commission from our partner links on this page. It doesn't affect the integrity of our unbiased, independent editorial staff. Transparency is a core value for us, read our advertiser disclosure and how we make money.

Table Of Content

Because Discover is an online bank, there are no local branches where customers can visit for banking needs. Discover is best known for its rewards credit cards, but it also offers personal, student, and home equity loans.

Discover makes use of a mobile app that is available for both iOS and Android devices. You can use this app to access all of your Discover accounts and use their mobile check deposit by taking a picture with your phone or tablet.

Bank of America is a full-service national bank with a 240-year history. The bank, which is the second largest in the United States in terms of assets, provides in-person banking through approximately 4,300 financial centers located across the country.

Bank of America provides business and commercial banking products and services in addition to personal banking. However, Bank of America's savings and CD interest rates can't really compete with the best online banks.

Banking Options

Discover
Bank of America
Savings Accounts
Checking Accounts
CDs
Money Market Account
Debit Card
Credit Cards
Personal Loans
Mortgage
Government Mortgage
Business Loans
Investing Capabilities

Savings Account

In terms of savings accounts, Discover has the edge. Discover offers over 10 x the interest rate, and you need to be a Preferred Rewards member to access the higher Bank of America rates. Additionally, Discover does not charge a monthly fee, so you don’t need to worry about maintaining a minimum balance or linking your accounts to avoid the $8 monthly fee.

BofA see Savings Rates
(Screenshot from Bank Of America app)

 

However, Bank of America does have the innovative Balance Connect feature that allows you to link your savings account to your current account and avoid overdrawn fees if you inadvertently have insufficient funds in your account.

Discover
Bank of America
APY
4.25%
0.01% – 0.04%
Fees
$0
$8 per month Can be waived by maintaining a balance of $500+, becoming a Preferred Rewards member or linking to your B of A Advantage Banking account. Fees are also waived for enrolled students aged under 24
Minimum Deposit
$0
$100
Checking Needed?
No
No
Main Benefits
  • Easy to use app
  • No fees for maintenance, insufficient funds, stop payments or account closure.
  • Mobile check deposits
  • Automatic transfers
  • Custom alerts

Checking Account

Discover also has the edge when looking at the checking accounts. While both providers do not offer interest on their checking accounts, like with the savings accounts, Discover does not charge any fees.

Bank of America requires that you need to be a Preferred Rewards member, maintain a minimum account balance or make qualifying deposits to avoid the $12 monthly fee. Another plus point for Discover is that you can earn 1% cash back on purchases made with your associated debit card. So, while you won’t receive interest on your account, you could potentially make a little cash on your account activity.

BofA Transfer Money Zelle
Send or receive money with Zelle (Screenshot from Bank Of America app)

 

There are some key similarities with Discover and Bank of America checking accounts. Both allow you to use Zelle and have an app to manage your account on the go. However, it is worth mentioning that Bank of America does employ Smart Money Management tools that include customized rewards, custom alerts and savings goals.

Discover
Bank of America
APY
0% (1% cash back on up to $3,000 in debit card purchases each month)
0.01% – 0.02%
Fees
$0
$12 can be waived by maintaining an account balance of $1,500, qualifying deposit of $250+ per month or enrol in Preferred Rewards
Minimum Deposit
$0
$25 – $100
Main Benefits
  • Earn 1% cashback on your account debit card
  • No overdraft fees
  • ATM network with 60,000+ machines with no fees
  • Discover Zelle allows you to quickly move money or send or receive money with no fees
  • Automated savings feature – set your savings goals
  • $35 return item and overdraft item fee.
  • Virtual banking assistant
  • Multiple payment methods – you can use your debit card, Zelle or digital wallet to make payments from your phone.

CDs

Finally, when comparing CDs, Discover also comes up on top. Although you need a higher minimum balance, even the one year CDs offer rates that are over 10x more compared to Bank of America.

Additionally, while Bank of America offers the same rates regardless of the CD term, Discover offers more attractive rates if you take on a longer term. So, unless you can’t reach the minimum deposit, Discover is the better option.

Discover
Bank of America
Minimum Deposit
$2,500
$1,000
APY Range
3.75% – 4.30%
0.05% – 4.75%

Credit Cards

Both companies are considered on top when it comes to their credit card options.

Discover Credit Cards

Discover is primarily known for its credit cards and so it offers a decent selection of options. One of the most popular cards is the Discover Cash Back credit card that offers up to 5% cash back on your purchases, with a 0% introductory rate for the first 14 months.

There is also a Travel card that offers miles, an NHL card for all 31 teams and a Gas & Restaurant card that offers 2% cash back in this category. Discover also has cards designed for students; the Student Cash Back card with up to 5% cash back and the Student Chrome card that offers 2% cash back on gas stations and restaurants with 1% on other purchases.

For those with a less than perfect credit rating, there is also a Discover Secured card that can help you to build your credit rating while earning cash back.

All Discover credit cards benefit from Unlimited Cashback Match. Discover will match the cash back you earn during your first year automatically, dollar for dollar with no maximum rewards or minimum spending.

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No monthly fees No monthly fees and no overdraft fees. Plus get reimbursed for ATM fees with an active account 
Rewards:
Up to 2% cash back Up to 2% cash back on common everyday expenses for active accounts with monthly $1,000 direct deposit, and up to 1% cash back for other purchases 
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Up to 3.30% APY
to get the maximum rate (up to $50,000) you'll need monthly direct deposits of $1,500 (0.40% APY), 10 transaction on your debit card (+0.30% APY), average daily balance of $2,500 on Axos Invest Managed Portfolio (+1.00% APY), average daily balance of $2,500 on Axos Invest Self Directed Trading Account(+1.00% APY) and make full monthly payment on loans (mortgage, personal and auto) with Axos account (+0.60% APY).

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Promotion:
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Bank Of America Credit Cards

Like Discover, Bank of America has an impressive choice of credit card options. There is the Customized Rewards card that allows you to select your preferred cash back tiers and the Unlimited Rewards card that simply offers 1.5% cash back on all your purchases.

The Travel Rewards card offers miles, the BankAmericard offers 0% for the first 18 months and the Premium Rewards card offers unlimited points.

Card
Rewards
Bonus
Annual Fee

Bank of America® Customized Cash Rewards

Bank of America® Customized Cash Rewards credit card
1-3% 3% cash back in the category of your choice: gas, online shopping, dining, travel, drug stores, or home improvement/furnishings, 2% cash back at grocery stores and wholesale clubs and 1% cash back on all other purchases. The 3% and 2% cash back available on the first $2,500 in combined choice category/grocery store/wholesale club purchases each quarter (then 1%)
$200 $200 cash rewards bonus after making at least $1,000 in purchases in the first 90 days of your account opening
$0

Bank of America® travel rewards

Bank of America® Travel Rewards credit card
1.5X 1.5 points for every $1 you spend on all purchases everywhere, every time and no expiration on points
25,000 points 25,000 online bonus points after you make at least $1,000 in purchases in the first 90 days of account opening – which can be redeemed for a $250 statement credit toward travel purchases
$0

BankAmericard®

BankAmericard® credit card
N/A
N/A N/A
$0

Bank of America® Premium Rewards®

Bank of America® Premium Rewards® credit card
1.5X – 2X Unlimited 2X points on travel and dining purchases. Unlimited 1.5X points on all other purchases
60,000 points 60,000 online bonus points for spending $4,000 on new purchases in the first 90 days of opening their card account.
$95

Bank of America® Unlimited Cash Rewards Credit Card

Bank of America Unlimited Cash Rewards credit card
1.5% unlimited 1.5% cash back on all purchases
$200 $200 online cash rewards bonus after making at least $1,000 in purchases in the first 90 days of your account opening
$95

Bank of America® Premium Rewards® Elite

Bank of America® Premium Rewards® Elite
1.5x – 2x 2 points for every dollar you spend on travel or dining purchases, with 1.5 points per dollar on all your other purchases
75,000 points 75,000 bonus points if you spend $5,000 or more within 90 days of opening your account
$550

 

Bank of America also offers a similar card selection for students, including Customized Rewards, Unlimited Cash Rewards, BankAmericard and Travel Rewards. There is also a choice of Bank of America Secured cards including Customized Cash Rewards, Unlimited Cash Rewards and BankAmericard that allow you to earn rewards even if you have less than solid credit.

Finally, there is a choice of partnership cards. Bank of America has teamed up with Alaska Airlines, Susan G Komen, Free Spirit, Amtrak and AllWays to allow you to earn rewards with your preferred brands.

Personal Loans

A Discover personal loan can be used for a variety of purposes, including financing large purchases such as home repairs or a wedding, as well as debt consolidation.

You can also use your personal loan to cover unexpected expenses, such as home renovations or the purchase of a new vehicle. An unsecured personal loan does not require collateral, such as a home or a car.

(Screenshot from discover.com)

 

Discover offers a low minimum APR. However, you will only be eligible for that rate if you have excellent credit.If you use a Discover loan to consolidate your debts, Discover will send funds directly to your creditors. You must use at least 70% of your loan for existing creditors, or your final APR may be affected.

On personal loans, Discover offers a 30-day money-back guarantee. If you decide within 30 days of receiving your loan that you no longer want it, you can return the funds by check and you will not be charged any interest. There are no origination fees, application fees, or prepayment penalties with Discover. If you miss your payment due date, it may charge you a $39 late fee.

Discover
APR
7.99% – 24.99%
Loan Amount
$2,500 – $40,000
Terms
36 to 84 months

Customer Service

Whether you have a query or a banking emergency, you need to be able to access the customer service team. Bank of America does have a 24/7 helpline for lost or stolen cards and you can also access the support team via the app, website and its social media channels.

However, if you want to speak to an agent on the phone, the team is only available 8 am to 9pm ET Monday to Friday with weekend hours of 8 am to 8 pm and 8 am to 5 pm on Saturday and Sunday respectively.

Discover has less avenues to access customer service, but the hours are more flexible. The website and app has a chat function that allows you to message a U.S based agent at any time. There is also a 24/7 toll free number.

Online/Digital Experience

Discover Bank
Bank of America
iOS App Score (1-5)
4.9
4.8
Android App Score (1-5)
4.6
4.6
BBB Rating (A-F)
A+
A+
Consumer Affairs (1-5)
3.8
3.7
WalletHub (1-5)
4
3.9
Contact Options
phone
phone/social

Both Discover and Bank of America have embraced the latest digital trends and technology. Both banks have an impressive app that allows you to fully manage your account on the go.

You can use Zelle to transfer funds and use the app to set alerts to ensure that you remain on budget. In fact the Bank of America app is rated 4.8/5 and 4.6/5 on the Apple Store and Google Play respectively, while the Discover app is similarly rated with 4.9/5 and 4.6/5 on Apple and Google.

Likewise the Discover and Bank of America websites are easy to use and packed with resources. You can compare accounts and credit card options to narrow down which is the best choice for you. However, Bank of America does have the edge in terms of resources with the Better Money Habits section that can help you with savings, budgeting, debt, investing and tax advice.

Which Bank is The Winner?

Although Bank of America does have a larger product line with options for business loans and government mortgages, the Discover products do seem to have the edge. While you may not have as many choices, the savings account and CDs offer better rates, while the checking account has no fees, so you don’t need to worry about meeting account minimums to avoid the monthly maintenance fee.

However, Bank of America does have an impressive selection of credit card options. So, if you prefer to have all of your financial products with one institution, you may appreciate Bank of America. If you enroll in the Preferred Rewards membership program, you can access better rates and fees are waived, allowing you to access a wider variety of products with decent terms.

Bank_of_America

discover logo
The Smart Investor Logo
APY Savings The annual percentage yield (APY) is a percentage that represents the amount of money or interest earned on your savings account over the course of a year. The APY factored in compound interest. A savings calculator can help you quickly determine how much you'll earn with a given APY.
0.01% – 0.04%
4.25%
Up to 5.02%
Checking Fee The monthly fee on checking account
$12 can be waived by maintaining an account balance of $1,500, qualifying deposit of $250+ per month or enrol in Preferred Rewards
$0
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Mobile App Rating
4.8/5 on iOS
4.6/5 on Android
4.9/5 on iOS
4.7/5 on Android
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FAQs

Bank of America offers a welcome bonus of $200 for new personal checking customers who open an account online.

Many of the cards have a decent welcome bonus (or points equivalent) if you meet the spending criteria within the time limit. For example, with the Bank of America Customized Cash Rewards card, you can get a $200 cash rewards bonus after making at least $1,000 in purchases in the first 90 days of your account opening.

As of now, Discover offers $150 or $200 bonus offer on its personal savings account. There is a minimum deposit of $15,000 or $25,000 within 30 days.

Aside from the high minimum opening deposit, Discover Bank's CDs have another significant limitation: you cannot cash them out without penalty. Furthermore, Discover Bank is not affiliated with a brokerage firm, which could provide account holders with additional investment options. Finally, while Discover Bank does provide credit cards to small business owners, it does not provide business banking accounts.

Bank of America's interest rates on various investment products are very low when compared to other banks and even the national average. Furthermore, most accounts have high monthly fees that you won't necessarily have to pay at other banks like Discover.

Basically, an IRA is a tax-advantaged account that allows you to save for retirement. You have the freedom to tailor your IRA holdings to your specific needs. IRA CDs and IRA savings accounts can provide you with the security of consistent returns as well as the tax benefits of IRAs. IRA CDs pay a predetermined, guaranteed rate that is set at the time of purchase. The rate is determined by the term of the IRA CD; the longer the term, the higher the rate rate you'll get.

Customers can select from Roth IRA CDs or Traditional IRA CDs based on their needs. Discover IRA CDs can be funded with funds from many other retirement accounts. Customers can also move an IRA from another financial institution into a Discover IRA CD. Discover Bank refers to the CD and IRA CD as having a “no penalty” feature. If you lose your job involuntarily, you can withdraw your funds without penalty.

  • A+ on BBB – BBB assigns ratings ranging from A+ (highest) to F (lowest) (lowest). BB ratings are based on information in BBB files about factors such as the business's complaint history with the BBB, the type of business, the length of time in business, transparent business practices, and more.
  • 4.7/5 based on +180 BBB customer reviews – Customers can leave positive, negative, or neutral feedback about their marketplace experiences using BB customer reviews.
  • Trustpilot 4.7/5 (+180 reviews) – TrustScore is an overall measurement of reviewer satisfaction that ranges from 1 to 5.

JD Power National Banking 2020

Discover vs Bank Of America: Comparison Methodology

In our detailed comparison, The Smart Investor team thoroughly looked at Bank of America and Discover in five main areas:

  1. Checking Accounts (30%): We checked things like direct deposit, debit card availability, monthly fees, ATM and branch access, check deposit, bill pay options, and account alerts. We also considered any special offers for customers.

  2. Savings Accounts including CDs (20%): We focused on important stuff like how much interest you can earn (APY), the smallest amount you need to open an account, how flexible the accounts are, and if they're insured by FDIC. We also looked at special savings offers, different types of CDs, and any fees for taking money out early.

  3. Credit Cards (15%): We looked at what rewards you get, how much the card costs each year, any bonuses you get for signing up, perks for traveling, how much interest you pay on balances, and if you can transfer balances from other cards.

  4. Lending Options (15%): We checked out the different kinds of loans they offer, like personal loans, student loans, mortgages, and loans where you use your home as collateral.

  5. Customer Experience And Bank Reputation (20%): We looked into how easy it is to use their online and mobile banking, how helpful their customer support is, what people say about them online, any awards they've won, and how stable they are financially. This gave us a good idea of what it's like to be a customer and how much people trust them.

Compare BofA With Alternative Banks

Bank of America is a nationwide network that offers deposit, loan, and credit card services. There are also increased daily limits on ATM and debit purchases, which is an excellent incentive to improve your financial situation. Aspiration's company was presented in a very different manner than their bank competitors.

One feature that sets them apart from their competitors is that they let their customers decide how much they want to pay for their services. The fee that the customer believes is fair or appropriate for the level of service they receive is set by the customer.

Read Full Comparison: Aspiration vs Bank of America: Which Bank Account Is Better?

Wells Fargo's product offering is even more extensive. This bank offers checking accounts, a variety of savings accounts, mortgages, loans, and investment options such as IRAs, 401ks, and wealth management services. This makes switching from another bank even easier because you'll have access to all of your favorite banking products.

Bank of America offers a diverse range of banking services. Checking and savings accounts, auto loans, home loans, credit cards, and investment options are all available.

Read Full Comparison: Bank of America vs Wells Fargo: Which Bank Is Better?

Bank of America has an impressive line of banking products, as one would expect from a large banking institution. Aside from various checking and savings accounts, there are auto loans, home loans, a variety of credit cards, and investment options. This makes switching from your current bank easier because you'll find many familiar products.

Chase also has a good selection of banking products. There are checking and savings accounts, auto loans, home loans, and home equity options, as well as a fantastic selection of credit cards.

Read Full Comparison: Bank of America vs Chase: Where to Save Your Money?

US Bank offers an even more impressive range of banking services. Savings and checking account options, investments, personal loans, mortgage products, and wealth management are all available.

Bank of America offers a wide range of banking services. There are numerous credit cards available, as well as various checking and savings accounts, home loans, investments, and auto loans.

Read Full Comparison: Bank of America vs US Bank: Which is Best For You?

Bank of America is a large banking institution, and its impressive banking product line reflects this. Aside from savings and checking accounts, there are home loans, auto loans, investment options, and a variety of credit cards. Citi also has a diverse product offering. Credit cards, CDs, personal loans, mortgages, IRAs, investment options, wealth management plans, and checking and savings accounts are all available.

As a result, if you want to switch from your current bank, either bank is a viable option because you won't have to make any compromises in terms of banking products.

Read Full Comparison: Bank of America vs Citi: Which Bank Suits You Best?

Spend and Save is a SoFi savings and checking account hybrid. For the purposes of this comparison, we'll look at the savings features, of which there are a few. The most visible are the savings vaults. These enable you to set up separate funds to work toward different savings goals without the need for multiple accounts. This helps you organize your money, and you can even designate a vault for your round-up funds.

Bank of America offers a more traditional savings account, but it pays far less interest, ranging from 0.01 percent to 0.04 percent depending on your Preferred Rewards status, compared to SoFi's 0.25 percent. In addition, there is a $8 monthly maintenance fee that can be waived by keeping a balance of $500 or more in the account or linking your checking account. By linking your accounts, you can avoid going overdrawn with Balance Connect.

Read Full Comparison: SoFi Money vs Bank of America: Which Is Better For Your Needs?

Both banks have a decent selection of banking products, but there are some gaps in each line up. If you’re looking for the best returns, Capital One does have the edge in terms of CD and savings rates.

Bank of America vs Capital One: Which Bank Wins?

There is no clear winner as to whether Truist Bank or Bank of America is a better choice, but we prefer the latter. Here's why.

Truist Bank vs. Bank Of America: Which Bank Account Is Better?

Bank of America and PNC Bank offer various banking products, but which is a better fit for you? Let's compare and see our winner: PNC Bank vs. Bank Of America

We'll explore Bank Of America and TD Bank savings accounts, checking accounts, CDs, credit cards, and lending products. Here's our winner: TD Bank vs. Bank Of America

BMO is the winner when it comes to savings products, while Bank Of America offers many more credit card options. Here's our winner: Bank of America vs. BMO Bank

There is no clear-cut winner, but we prefer Bank Of America. But, there are cases when Citizens is best. Here's our comparison: Bank of America vs. Citizens Bank

While Bank of America and Fifth Third Bank offer a range of banking services, Fifth Third is our winner in this competition. Here's why.

Bank of America vs. Fifth Third Bank: Which Bank Account Is Better?

We'll explore Bank of America and M&T Bank savings accounts, checking accounts, CDs, credit cards, and lending products. Here's our winner: Bank of America vs. M&T Bank

We believe Bank Of America is the preferred option in this battle. But, there are significant differences to know. Here's our comparison: Bank of America vs. KeyBank

While Regions Bank offers better checking accounts, Bank of America wins in credit cards and CDs. Here's our side by side comparison: Regions Bank vs. Bank of America

If you feel comfortable with online-only banking and depending on your needs – Ally may be a better option than Bank Of America. Here's why.

Ally Bank vs. Bank of America: Which Bank Account Is Better?

For most consumers, Bank of America may be a better option. American Express is a solid option for customers with higher wealth. Here's why.

American Express Bank vs. Bank of America: Which Bank Account Is Better?

Banking Reviews

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Savings Rate: Up to 5.00% APY
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Savings Rate: 4.50% APY

valley direct logo

Savings Rate: 4.75% APY

consumers credit union logo

CD Rate: 5.00% – 5.20% APY
Advertiser Disclosure
The product offers that appear on this site are from companies from which this website receives compensation.
Top Offers From Our Partners

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Savings Rate: 5.21% APY
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Savings Rate: Up to 5.00% APY

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Savings Rate: 4.40% APY
Quontic bank logo
Savings Rate: 4.50% APY

valley direct logo

Savings Rate: 4.75% APY APY

consumers credit union logo

CD Rate: 5.00% – 5.20% APY
Advertiser Disclosure
We get compensated for these product offers
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Lorraine Smithills

Lorraine is a freelance finance writer with years of experience in the banking sector and after a successful career in one of the largest retail and commercial financial services providers. She has a passion for helping people with less financial confidence to get control of their money through budgeting, saving, and responsible credit practices.
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Top Offers From Our Partners

UpgradeLogo

Savings Rate: 5.21% APY
CIT-Bank-Logo
Savings Rate: Up to 5.00% APY
Quontic bank logo
Savings Rate: 4.50% APY

consumers credit union logo

CD Rate: 5.00% – 5.20% APY
Advertiser Disclosure
We get compensated for these product offers
Top Offers From Our Partners

PNC bank logo

Promotion:
Up to $400 Open a new, select Virtual Wallet product and receive $500/$2,000/$5,000 or more in qualifying monthly direct deposits within 60 days to earn a $100/$200/$400 bonus.
Subject to state availability
PNC Virtual Wallet ® is available in AL, AZ, CA, CO, DC, DE, FL, GA, IL, IN, KY, MD, MI, NC, NJ, NY, NM, OH, PA, SC, TX, VA, WI, and WV. Virtual Wallet ® is offered in the state of MO with the exception of the Greater Kansas City area. Product availability may vary based on where you open your account and the Zip code of your primary address.

Chase_logo

Promotion:
$300 New Chase checking customers enjoy a $300 bonus when you open a Chase Total Checking® account and make direct deposits totaling $500 or more within 90 days of coupon enrollment.. Expired on 10/16/2024
Chase Overdraft Assist
With Chase Overdraft AssistSM, you won’t be charged an Overdraft Fee if you’re overdrawn by $50 or less at the end of the business day OR if you’re overdrawn by more than $50 and you bring your account balance to overdrawn by $50 or less at the end of the next business day

fifth-third-bank-logo

Promotion:
$250 $250 cash bonus if you make direct deposits totaling $2,000 or more within 90 days of account opening.
No Minimum Deposit
Free checking account, no minimum balance, check writing, two days early paycheck

UpgradeLogo

Fees:
No monthly fees No monthly fees and no overdraft fees. Plus get reimbursed for ATM fees with an active account 
Rewards:
Up to 2% cash back Up to 2% cash back on common everyday expenses for active accounts with monthly $1,000 direct deposit, and up to 1% cash back for other purchases 

Promotion:
$500 Use Promo Code “RC500” for a $500 bonus when you apply for a Rewards Checking account
Up to 3.30% APY
to get the maximum rate (up to $50,000) you’ll need monthly direct deposits of $1,500 (0.40% APY), 10 transaction on your debit card (+0.30% APY), average daily balance of $2,500 on Axos Invest Managed Portfolio (+1.00% APY), average daily balance of $2,500 on Axos Invest Self Directed Trading Account(+1.00% APY) and make full monthly payment on loans (mortgage, personal and auto) with Axos account (+0.60% APY).

penfed personal loan

APY on Daily Balances
0.15% APY on daily balances of less than $20,000 or 0.35% APY on daily balances of $20,000 up to $50,000
Get paid up to 2 days early
Set up direct deposits and get your paycheck up to 2 days early

Promotion:
Up to $2,500 You could earn $1,500 or $2,500 if you open a new, eligible HSBC Premier checking account from July 1, 2024 through November 22, 2024, and complete qualifying activities: • Get a $1,500 Cash Bonus: Add New Money of $100,000 to $249,999 in deposit and/or eligible investment accounts within 20 days of opening your new checking account and maintain the Qualifying Balance for 3 full consecutive months. • Get a $2,500 Cash Bonus: Add New Money of $250,000+ in deposit and/or eligible investment accounts within 20 days of opening your new checking account and maintain the Qualifying Balance for 3 full consecutive months. – Cash Bonus will be deposited into your new checking account within 8 weeks of meeting all the offer requirements
Wealth Products & Advice
Get access to wealth products, insights and advice from an HSBC Financial Professional through HSBC Securities (USA) Inc
Advertiser Disclosure
The product offers that appear on this site are from companies from which this website receives compensation.