Discover Review

Most people know Discover for the credit cards that were first introduced by Sears back in 1985. However, Discover provides more than just credit cards these days. With a full range of banking and financial services available since 2013, under the umbrella of Discover Online Banking, Discover has much to offer. For example, they offer a massive free ATM network, and they don’t charge monthly or overdraft fees.

In order to give you a full picture of Discover’s online banking services, let’s explore everything it offers.

Pros and Cons of Discover



What Does Discover Offer?

Instead of physical branches, Discover meets its customer’s needs through online banking and its app. So, they’ve fully invested its time and effort into making sure that its online banking experience is as good as it can be. When you head to the Discover website, you can immediately open one of six different kinds of accounts:

Online banking with Discover offers a range of perks that set them apart from the crowd. In particular, they have a strong high-yield savings account. It also gives you access to 60,000 ATMs that you can use for free nationwide. And the app is extremely helpful for doing your everyday banking like depositing checks and paying bills.

In terms of credit cards, which is arguably what Discover is most widely known for, none of the cards have annual fees. This gives them quite an advantage over many other banks. Additionally, many of the cards come with rewards programs.

What To Expect on the Site

It’s a simple matter of choosing which kind of account you want to open and filling out the information they request. Whether you’re an existing customer or entirely new to Discover, as long as you have the required information on hand, it only takes minutes to get a new account up and running.

You can use its app or the website to get access to customer service 24 hours a day, 7 days a week. You can also call or use email. Additionally, you can even get in touch with them over social media, as they have an active presence on apps like Facebook and Twitter.


Discover doesn’t charge fees for overdraft or any monthly fees for its checking accounts. When they say no fees, they mean it. There’s no charge for an NSF check, and you won’t be charged anything if you choose to close your account either. In fact, you can get 1% cashback up to $3,000 in purchases every month with your checking account. Plus, the savings account has a 0.50% annual yield.

What People Are Saying About Discover

JD Power does a US Credit Card Satisfaction Study every year. In 2019, Discover was the top-ranked credit card provider with a score of 840. Many customers speak favorably of its experience with Discover, from the customer service they provide to the easy-to-use interface on its website and app.

The Bottom Line

If you prefer online banking, then Discover could be a great choice. The perks, in particular the lack of fees associated with its accounts, help Discover stand out from the crowd. It’s worth checking out as an alternative to brick-and-mortar banking. Be sure to consider it as you compare top online banking providers.