Capital One vs Discover Bank
Head-to-head comparison of Capital One 360 Performance Savings and Discover Online Savings Account, updated daily.
Discover Bank currently wins on APY: 4.00% vs 3.20%
| Feature | Capital OneLive | Discover BankUpdated 1d ago |
|---|---|---|
| APY | 3.20% | 4.00%★ |
| Min opening deposit | $0 | $0 |
| Min balance for APY | $0 | $0 |
| Monthly fee | $0.00 | $0.00 |
| Insurance | FDIC | FDIC |
| Compounding | monthly | daily |
| ATM access | Yes★ | No |
| Check writing | No | No |
| Mobile app | Yes | Yes |
| Editor rating | 4.0 / 5 | 4.1 / 5★ |
Capital One verdict
Capital One is one of the few HYSAs from a major bank with physical branch presence. You pay for that physical access in the form of a slightly lower APY — about 50-70bps less than the leaders. Reasonable choice for users who want the option of in-person service.
Read full Capital One review →Discover Bank verdict
Discover is solid but no longer at the top of the rate league. We still recommend it for savers who already have a Discover credit card and want everything in one place. Otherwise, SoFi or Marcus offer 40-60bps more for similar terms.
Read full Discover Bank review →