Discover Bank Fees
OnlineComplete fee breakdown for Discover Bank and how it compares to zero-fee alternatives.
Fee Breakdown
Common Fees
Monthly Maintenance:
$0/month
Overdraft Fee:
$30
ATM Fee (out-of-network):
$0
Wire Transfer:
$25
Minimum Balance:
$0
Annual Cost Calculator
Monthly fees (×12): $0
Overdrafts (2×/year): $60
ATM fees (1×/month): $0
Annual Total:
$60
With Holdings: $0
Pros & Cons
Pros
- ✓ Cashback on debit purchases
- ✓ No monthly fees
- ✓ Good customer service
Cons
- ✗ Limited branch access
- ✗ Newer to banking
- ✗ Limited business services
Key Features
Cashback debit card
60,000+ free ATMs
High interest
Business Banking
- • Limited business banking
- • Business credit cards
- • Online-focused
Compare with Holdings
| Feature | Discover Bank | Holdings |
|---|---|---|
| Monthly Fee | $0 | $0 |
| Overdraft Fee | $30 | $0 |
| ATM Fee | $0 | $0 |
| Wire Transfer Fee | $25 | $0 |
| Minimum Balance | $0 | $0 |
| APY | 0.01% | 1.75% |
| Business Tools | Basic | Full Suite |
| Annual Cost | $60 | $0 |
Ready to Eliminate Banking Fees?
Save $60 per year by switching to Holdings. Zero fees, 1.75% APY, and built-in business tools.