Discover Bank’s CD rates are higher than most certificate of deposit rates right now. Discover Bank has certificates of deposit with terms between of 3 months to 10 years. The bank’s CD interest rates are on terms are competitive the shorter term CD rates at banks are better than  their longer term interest rates.

The bank’s 3 month bank CD rates are 0.50 percent with a bank CD yield of 0.50 percent.  One of the best CD rates for a 3 month CD considering most CD rates for a 12 month CD are around this rate.

6 month CD rates are 0.90 percent with an APY of 0.90 percent. Most banks offer 12 month rates around 0.90 percent. That rate is one of the highest CD rates right now for a 6 month certificate of deposit.

Discover Bank CD Bank Rates

3 Months Rate 0.50% Yield 0.50%
6 Months Rate 0.90% Yield 0.90%
9 Months Rate 1.00% Yield 1.00%
12 Months Rate 1.19% Yield 1.20%
18 Months Rate 1.29% Yield 1.30%
24 Months Rate 1.39% Yield 1.40%
30 Months Rate 1.49% Yield 1.50%
3 Years Rate 1.73% Yield 1.75%
4 Years Rate 1.98% 2.00%
5 Years Rate 2.27% Yield 2.30%
7 Years Rate 2.57% Yield 2.60%
10 Years Rate 2.96% Yield 3.00%

Open a certificate of deposit account online at Discover Bank.