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Discover Bank
Discover-branded deposit accounts remain usable for existing customers after Discover Bank merged into Capital One, N.A., but Discover’s public banking page now routes prospective customers to Capital One rather than offering new Discover savings or checking accounts. Existing customers retain their Discover login, no-account-fee positioning, 60,000+ no-fee ATMs, Walmart cash deposits, and eligible 1% debit cash back. This is now a legacy-account review, not a new-account recommendation.
What to know about Discover Bank
Discover-branded deposit accounts remain usable for existing customers after Discover Bank merged into Capital One, N.A., but Discover’s public banking page now routes prospective customers to Capital One rather than offering new Discover savings or checking accounts. Existing customers retain their Discover login, no-account-fee positioning, 60,000+ no-fee ATMs, Walmart cash deposits, and eligible 1% debit cash back. This is now a legacy-account review, not a new-account recommendation.
Pros
- Existing accounts retain no-fee positioning and eligible debit cash back
- 60,000+ no-fee ATMs and Walmart cash deposits continue
- Discover login, cards, checks, and dedicated support remain active
Cons
- No current Discover deposit-account path for new applicants
- Capital One branches and Cafés do not currently service Discover accounts
- Discover and Capital One deposits generally share one FDIC limit
Scoring breakdown
- Fees4.8/5
- APY4.0/5
- Digital Experience4.2/5
- Access & ATM Network4.3/5
- Customer Service4.3/5
Verified product facts
- Monthly Fee
- Existing Discover deposit accounts continue with no account fees under the published merger FAQ
- APY
- Existing savings, money market, CD, and retirement accounts continue earning interest; verify the current statement and account portal
- Deposit Insurance
- Discover and Capital One deposits are now generally combined at Capital One, N.A. by ownership category
Where Discover Bank ranks
Every DollarScout ranking that includes Discover Bank.
Discover Bank reviews
Discover Bank comparisons
Head-to-head matchups featuring Discover Bank.
Fact-checked July 18, 2026. Sources: Discover current Online Banking landing page, Discover and Capital One merger FAQ for deposit accounts, Discover 2026 Deposit Account Agreement changes, Discover Account Center Banking Agreement, Discover mobile check deposit terms, Capital One current savings and combined FDIC disclosure.