The Discover Cashback Debit Account is a checking account that comes with a debit card that allows you to earn cashback on all of your. The bottom line: Discover Bank® checking lets you earn cash back when you make qualifying debit card purchases each month, and it provides free access to a. Free checks and debit cards: Discover doesn't nickel-and-dime you on the little things, like the cost of checks or replacement debit cards. This is not unusual.
Discover checking debit card -
ATM transactions, money order purchases, point-of-sale cash withdrawals, peer-to-peer payments, loan payments, and payments made with third-party payment services are not eligible for cash-back rewards. You won't pay fees for monthly maintenance, overdrafts, stop payments, and insufficient fees, to name a few. This is a larger network than many other online checking accounts offer, so you'll have better odds of finding a surcharge-free ATM near you.
No balance or activity requirements: Many checking accounts have minimum balance requirements to open an account, but the Discover Cashback Debit Account does not. It also doesn't charge a monthly service fee -- and there's no ongoing minimum balance or required number of monthly transactions. This makes it an affordable option for those who don't keep a lot of money in their checking accounts and those who don't spend a lot of money each month.
Free checks and debit cards: Discover doesn't nickel-and-dime you on the little things, like the cost of checks or replacement debit cards. This is not unusual among online banks, but what is unusual is that Discover also doesn't charge you for expedited check and debit card delivery, while most other banks do.
It may seem like a small thing, but when you're out of checks or you've lost your debit card and you need your money in a hurry, you'll appreciate that Discover makes things easy for you. What could be improved APY: Discover gives you cash back instead of enabling you to earn interest on your checking account balance. Whether that's a good or a bad thing depends on your spending habits.If you use cash back to your advantage, these benefits could become a reality. And, really do think ahead if holiday spending is on your list of things to do with your cash back. Discover checking debit card The Discover Cashback Debit Account is one of the best no-monthly-maintenance-fee checking accounts. Not too bad for just going about your daily debit card spending. Limitations apply.
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Discover checking debit card -
Terms apply. You can only earn cash back on debit card purchases. Other actions, like ATM transactions, the purchase of money orders and peer-to-peer P2P payments made with your debit card are not eligible for cash back. Then you can deposit cash back to your Discover account, then move it to a high-yield savings account, like Marcus by Goldman Sachs High Yield Online Savings , and maximize savings.
Access to your cash You can easily withdraw money daily with the Discover Cashback Debit Account at an ATM or at the register at participating retailers. You can also send and receive money in minutes with Zelle. Perks No deposit required to open an account. Overdraft protection is free, after you opt in.
Top-rated mobile app, with 4. Zelle is integrated directly into the Discover mobile app, allowing you to send and receive money within minutes. Mobile check deposit, allowing you to conveniently take a photo of a check and deposit it from within the Discover mobile app.
Freeze and unfreeze your card, which lets you prevent new purchases and ATM transactions when your card is stolen, lost or misplaced. Some other transactions, like autopay and returns, may continue while your card is frozen. Fees The Discover Cashback Debit Account is one of the best no-monthly-maintenance-fee checking accounts.
This deposit account is one of the best ways for you to access your paycheck, pay bills and send money — with the benefit of no account fees and access to over 60, MoneyPass and Allpoint ATMs.