Discover Bank Ups CD Rates

Discover Bank CD rates, which were already some of the best CD rates available, were increased this past week. Both regular and jumbo CD rates from Discover Bank were increased by the same amounts on Discover's 12 month CDs. 1 year CD rates at Discover Bank were increased from 2.57 percent with an APY of 2.60 percent to 2.62 percent with an APY of 2.65 percent.

The minimum amount to open a certificate of deposit at Discover is $2,500.

The easiest way to open a certificate of deposit account is online. You can also call Discover at 1-800-347-7000 and speak with one of their U.S.-based Banking Specialists to open an account. If you interested in opening a Trust, Custodial, Guardian, and Estates CD account you have to call Discover to do it.

After you open a CD account you'll have to fund the account, there are several ways to fund the account.

• Online transfer from an eligible Discover Bank Account
• Online transfer from an external bank account
• Phone Transfers (available for initial funding only)
• You can also mail a check to the address below. Make sure the check includes your CD Account number and make it payable to you to.

Discover Bank Address:

Discover Bank

PO Box 30417

Salt Lake City, UT 84130

See how these new Discover Bank CD rates compare with other rates below to get the highest rate available.