Discover Bank is one of the leading banks in the United States today. They offer many savings options like savings accounts and certificate of deposits (CDs). The CDs come with numerous features that are designed to make it easy for customers to open and operate their account. The interest earned from the CD can be kept in the CD or they can be transferred to another account. It is also very easy to open. Customers can open a CD online and can fund it from any account.  It can also be opened over telephone or it can be be done in person. Besides, the CD interest rates are pretty good. In fact, the Discover Bank CD rates are one of the highest in the country and this makes it all the more attractive for customers. The best part is that all deposits are safe and secure because they are insured by FDIC. So customers can live with a peace of mind.

The Discover CD rates for 3-month term deposits are 0.75% APY. It is 1.00% for 6 months, 1.10% for 9 months and 1.70% for 12 months respectively. The Discoverbank CD rates for a term of 18 months is 1.80% while for a 24-month term, it is 2.15%. 30-months term carry an interest rate of 2.20% and the interest rates are 2.50% for a period of 3 years. The interest rates are 2.65% for 4 years, 3.20% for 5 years, 3.40% for 7 years and 3.70% for 10 years respectively. These high CD rates at Discover Bank make it very popular among people who are looking for a steady income by way of interest from their deposits.