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Discover Recognized As A Best Online Bank And As Having Among The Best CD Accounts For 2016

January 13, 2016

Leading Personal Finance Website Highlights Discover’s Customer Service, Convenient Online Accessibility and Competitive Rates

RIVERWOODS, Ill.--(BUSINESS WIRE)--Jan. 13, 2016-- Discover was recognized as a best online bank and as offering one of the best CD accounts for 2016 in GOBankingRates’ fourth annual “Best Banks” series.

“It’s clear why Discover Bank is one of the top online banks of 2016,” said Cameron Huddleston, personal finance expert and Life + Money columnist for GOBankingRates. “It offers a winning combination of no-fee products, competitive rates on savings and CD accounts, and superb customer service features.”

GOBankingRates uses a unique methodology to create their “Best Banks” series based on what consumers consider most important when choosing a bank. Factors such as interest rates, monthly fees, minimum balance requirements and customer service are considered when compiling the lists.

“Discover is committed to providing a rewarding, easy and secure online banking experience that helps our customers save more so they can achieve a brighter financial future,” said Brian Hughes, senior vice president of deposit products at Discover. “This recognition reaffirms our commitment to providing products and features that offer value to our customers.”

Discover offers competitive rates on CDs, IRAs, savings and money market accounts. Discover also offers Cashback Checking which rewards customers for every debit purchase, check cleared and online bill payment. Cashback Checking is currently available to all Discover credit card members and deposit account owners. Bank customers can easily access all of their account information on the go with Discover’s mobile app and have peace of mind knowing they are secure with proactive fraud monitoring and $0 liability protection.

For the full list of GOBankingRates’ Best Banks series as well as more information on the methodology, visit http://www.gobankingrates.com/banking/best-banks-2016/.

About GOBankingRates

GOBankingRates.com is a leading portal for personal finance and consumer banking information, offering visitors the latest on everything from finding a good interest rate to strategies for saving money, investing for retirement and getting a loan. Its editors are regularly featured on top-tier media outlets, including U.S. News & World Report, Forbes, Business Insider, Daily Finance, Huffington Post and more. It specializes in connecting consumers with the best financial institutions and banking products nationwide.

About Discover

Discover Financial Services (NYSE: DFS) is a direct banking and payment services company with one of the most recognized brands in U.S. financial services. Since its inception in 1986, the company has become one of the largest card issuers in the United States. The company issues the Discover card, America's cash rewards pioneer, and offers private student loans, personal loans, home equity loans, checking and savings accounts and certificates of deposit through its direct banking business. It operates the Discover Network, with millions of merchant and cash access locations; PULSE, one of the nation's leading ATM/debit networks; and Diners Club International, a global payments network with acceptance in more than 185 countries and territories. For more information, visit www.discover.com/company.

Source: Discover Financial Services

Discover Media Relations
Rob Weiss, 224-405-6304
robertweiss@discover.com