This account has no monthly fee, and has a relatively high interest rate among those savings accounts, so it is a good account to keep in the long term.
So if you have the money to float you should take advantage of it now. The $150/$200 offer is the quite nice, and the bonus will arrive very quickly after you deposit the required amount of money. “New money” means the money does not come from any of your other Discover accounts. 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. Those with just a Discover Checking Account or a Discover credit card are still eligible.
No early termination fee, you can close the account whenever you want.The opening bonus will arrive very quickly, typically a few days after you deposit the required money.New account opening bonus of $150/$200! See below for detailed requirements.