Discover bank new account

Discover Bank is a popular online bank that offers a range of personal and business banking products. Here's a step-by-step guide to opening a new account with Discover Bank:

Requirements:

• You must be at least 18 years old (19 in Alabama and Nebraska)
• You must have a valid government-issued ID (driver's license, state ID, or passport)
• You must have a valid Social Security number or Individual Taxpayer Identification Number (ITIN)
• You must have a valid mailing address

Steps to Open a New Account:

1. Visit the Discover Bank website: Go to www.discover.com and click on "Open an Account" at the top right corner of the page.
2. Choose an Account Type: Select the type of account you want to open, such as a:
   • Cashback Debit Account
   • Online Savings Account
   • CD (Certificate of Deposit)
   • IRA (Individual Retirement Account)
3. Enter Your Information: Fill out the online application form with your personal and contact information.
4. Verify Your Identity: You may be asked to upload a copy of your government-issued ID and proof of address.
5. Fund Your Account: You can fund your account with an initial deposit, which can be made online or by mail.
6. Review and Confirm: Review your application and confirm your account details.
7. Activate Your Account: Once your account is approved, you'll receive an email with instructions to activate your account.

Additional Tips:

• You can also open an account by phone or by visiting a Discover Bank branch.
• Discover Bank offers a range of benefits, including no monthly maintenance fees, no minimum balance requirements, and access to over 60,000 ATMs.
• You can manage your account online or through the Discover Bank mobile app.
• Discover Bank is a FDIC-insured bank, which means your deposits are insured up to $250,000.

Frequently Asked Questions:

• How long does it take to open a Discover Bank account? It typically takes 10-15 minutes to complete the online application.
• Is Discover Bank a legitimate bank? Yes, Discover Bank is a reputable online bank with over 75 years of experience.
• Can I open a Discover Bank account with a low credit score? Discover Bank does not have a minimum credit score requirement, but you may need to provide additional documentation or proof of income.