Discover Bank is offering $50 for opening a new Certificate of Deposit account online.  Open a new CD account at DiscoverBank.com with a minimum of $10,000 by 2/28/2009 and and Discover Bank will credit your certificate of deposit account with an additional $50 dollars.

You must use Offer Code D100743 on the online form in order to qualify (the above link will automatically fill it in for you).  You are welcome to share this code with friends but they’ll need to either come to this site and click the link or enter the offer code on the application form in order to get the free $50.

Discover Bank CD Rates are very high CD rates indeed. Here’s a quick snapshot of their long term CD rates (jumbo CD rates are the same):

• 5 years CD: 3.51% APY
• 7 years CD: 3.75% APY
• 10 years CD: 4.00% APY

This promotional offer is good through February 28, 2009. To earn the cash offer, a minimum deposit of $10,000 in new funds must be received by March 15, 2009 and those funds must remain on deposit for at least 90 days. The cash offer will be credited to your Discover Bank account 4 to 6 weeks after the 90-day period. Offer limited to one per customer and not applicable for accounts opened via phone or mail.

Tags: Discover Bank Rates

5 yr cd rates Bank Promo Codes