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NEA® Certificate of Deposit

Select from terms ranging from 3 months to 10 years

Now you can earn more than the National Average¹ when you open an NEA® Certificate of Deposit Account through Discover Bank. FDIC-insured up to the maximum allowed by law, this valuable member benefit offers you:

  • Exclusive $20 bonus for each new account type you open each year (excludes IRAs)²
  • CD rates that have consistently exceeded the National Average¹
  • Flexible terms from 3 months to 10 years
  • Convenient renewal options at maturity
  • Option to reinvest or transfer money to another Discover Bank account
  • Open an account starting with $2,500 

Learn more

1. National CD Average APYs based on rates of top 50 U.S. banks (ranked by total desposits) provided by Informa Research Services, Inc. as of 3/7/2017. 

2. To qualify for the $20 bonus offer, the applicant must: (i) be an Eligible NEA Member (an individual who is an NEA member as of the account application date, or any of the following individuals who is related to and is registered by such an NEA member as of the account application date: parent, spouse, domestic partner, son, daughter, parent of the spouse/domestic partner), and (ii) open either an NEA CD or Money Market account through Discover Bank with an initial minimum deposit of $2,500. While the NEA Online Savings account through Discover Bank does not require an initial minimum deposit, you must make an initial minimum deposit of $500 or more to get the bonus. NEA affiliation subject to verification. Bonus limited to one per Eligible NEA Member, per product, per calendar year. IRA CDs are not eligible for this offer. Bonus will be awarded via account credit within 60 days following the end of the month in which the account is funded and will be reported on IRS Form 1099-INT. Account must be open at time of account credit. Offer may be withdrawn or modified at any time without notice.

​Deposit accounts offered by Discover Bank, Member FDIC.

NEA® IRA Certificate of Deposit Account

Get a competitive rate with guaranteed returns

With an NEA® IRA Certificate of Deposit through Discover Bank, you can earn higher-than-average returns.¹ This account offers:

  • Your choice of either a Roth or Traditional IRA CD
  • Secure growth with tax advantages
  • No monthly maintenance fees
  • Convenient renewal options at maturity
  • Open an account starting with $2,500

Learn More

1. National IRA CD Average APYs based on rates of top 50 U.S. banks (ranked by total desposits) provided by Informa Research Services, Inc. as of 3/7/2017. 

Deposit accounts offered by Discover Bank, Member FDIC.

NEA® Money Market Account

Earn higher-than-average returns

Open an NEA® Money Market Account through Discover Bank, and you'll earn higher-than-average returns.¹ This member benefit also offers you:

  • Exclusive $20 bonus for each new account type you open each year (excludes IRAs)²
  • Rates that consistently exceed the National Average¹
  • Easy access to your funds by check, debit card or online³
  • No ATM fees at more than 60,000 ATMs through AllPoint® and MoneyPass® networks
  • Mobile check deposit and bill pay
  • Open an account starting with $2,500
  • The safety of FDIC insurance, up to the maximum allowed by law 

Learn more

1. National Money Market Average APYs based on rates of top 50 U.S. banks by deposit provided by Informa Research Services, Inc. as of 3/7/2017. 

2. To qualify for the $20 bonus offer, the applicant must: (i) be an Eligible NEA Member (an individual who is an NEA member as of the account application date, or any of the following individuals who is related to and is registered by such an NEA member as of the account application date: parent, spouse, domestic partner, son, daughter, parent of the spouse/domestic partner), and (ii) open either an NEA CD or Money Market account through Discover Bank with an initial minimum deposit of $2,500. While the NEA Online Savings account through Discover Bank does not require an initial minimum deposit, you must make an initial minimum deposit of $500 or more to get the bonus. NEA affiliation subject to verification. Bonus limited to one per Eligible NEA Member, per product, per calendar year. IRA CDs are not eligible for this offer. Bonus will be awarded via account credit within 60 days following the end of the month in which the account is funded and will be reported on IRS Form 1099-INT. Account must be open at time of account credit. Offer may be withdrawn or modified at any time without notice.

3. Federal law limits the number of certain types of withdrawals and transfers from a Money Market Account to a combined total of six per calendar month. There is no limit on the number of withdrawals by ATM or by Official Check mailed to you. If you exceed these transaction limitations during any calendar month we may assess an Excessive Withdrawal Fee or refuse to pay each transaction in excess of the limitations. If you exceed these limits on more than an occasional basis, we reserve the right to close your account. 

​Deposit accounts offered by Discover Bank, Member FDIC.      

NEA® Online Savings Account

It's time to make your money work harder. Open an NEA® Online Savings Account through Discover Bank, and you can earn more than 5x the National Savings Average.¹ In addition, the NEA member benefit offers you:

  • Now $0 to open
  • Exclusive $20 bonus² for members who open a new account and fund it with an inital minimum deposit of $500 or more.
  • No minimum monthly balance to maintain
  • No monthly maintenance fees
  • Online and mobile access to your account
  • Online money transfers and mobile check deposit³

Learn more

1. The APY for the Online Savings Account as of 3/7/2017 is more than five times the national average APY for interest-bearing savings accounts with balances over $500 as reported by Informa Research Services, Inc. as of 3/7/2017. Interest rates and APYs are subject to change at any time. Although the information provided by Informa Research Services has been obtained from the various institutions, the accuracy cannot be guaranteed.

2. To qualify for the $20 bonus offer, the applicant must: (i) be an Eligible NEA Member (an individual who is an NEA member as of the account application date, or any of the following individuals who is related to and is registered by such an NEA member as of the account application date: parent, spouse, domestic partner, son, daughter, parent of the spouse/domestic partner), and (ii) open either an NEA CD or Money Market account through Discover Bank with an initial minimum deposit of $2,500. While the NEA Online Savings account through Discover Bank does not require an initial minimum deposit, you must make an initial minimum deposit of $500 or more to get the bonus. NEA affiliation subject to verification. Bonus limited to one per Eligible NEA Member, per product, per calendar year. IRA CDs are not eligible for this offer. Bonus will be awarded via account credit within 60 days following the end of the month in which the account is funded and will be reported on IRS Form 1099-INT. Account must be open at time of account credit. Offer may be withdrawn or modified at any time without notice.

3. Federal law limits the number of certain types of withdrawals and transfers from an Online Savings Account to a combined total of six per calendar month. There is no limit on the number of withdrawals by Official Check mailed to you. If you exceed these transaction limitations during any calendar month we may assess an Excessive Withdrawal Fee or refuse to pay each transaction in excess of the limitations. If you exceed these limits on more than an occasional basis, we reserve the right to close your account.

Deposit accounts offered by Discover Bank, Member FDIC.

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