Discover Bank, is offering 0.80% APY on online savings account with $500 minimum opening balance requirement. There are no hidden fees involved in this account and no minimum balance requirement.
The bank provides five times savings over the national average with high interests. All the deposits are insured by FDIC up to the maximum limit that is specified by the law. You can fund your account through existing bank accounts using online funds transfer services. You can also access your account anytime and anywhere through online banking service.