Author Topic: Discover online savings acct $100 bonus  (Read 2327 times)

smacpa

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Discover online savings acct $100 bonus
« on: January 27, 2017, 09:46:41 AM »
Hello Mustachians,

I wanted to report to you that I was just paid my $100 bonus on the Discover savings account promotion.

Steps:
1) open a Discover online savings account (.95% interest) with promotion code by 1/31/2017
2) deposit $15,000 by 2/15/17
3) have the account still open on 2/28/27 when the bonus is paid. (they paid early)

*There are no catches in this one - money does not have to stay there only be deposited at some time and there are no fees for this account.

Link to Nerdwallet and promotion code: https://www.nerdwallet.com/rates/redirect_new?id=88216&clickHeader_productPosition=4&header_pageViewId=acf3c467-bcc7-484b-8e9f-6f10ed84a8a4&pos=4


I transferred a portion of my emergency fund from Ally over to Discover for 1 week and the bonus appeared in my account.  Now my wife has opened one as well and we will transfer the money out and then into hers.

$200 interest on 15k for a month is a 16% annualized return.  There are a few days left thought some might want to take advantage of this.

kpd905

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Re: Discover online savings acct $100 bonus
« Reply #1 on: January 27, 2017, 06:11:07 PM »
Chase also has their checking and savings bonuses going right now as long as you are already a Chase member.  That way you can keep moving that same $15k around to keep getting paid for it.

http://www.doctorofcredit.com/chase-500-checking-savings-bonus-now-publicly-available-branch/

$300 checking for setting up direct deposit, and $200 savings for keeping $15k in there for 90 days.