Does Discover Checking require a minimum balance of $2500?

2 Answers

Relevance
  • A.J.
    Lv 7
    4 weeks ago

    They show no minimum balance. https://www.discover.com/online-banking/checking/

    The bank earns their money from Debit card use, and even shows a 1% rebate on that. 

    The terms and conditions could change at a later date.

    Look up the free ATMs for any close ones.

    Highly rated

    https://www.thesimpledollar.com/banking/bank-revie...

    Negatives:

    Paper check deposits have extra long hold time. The actual number is not shown. Could have fees for paper statements. Print your own if you need it. This is an online bank with only one branch in SLC Utah. No cash deposits apparently, even at the partner ATMs.  May have a $510 cash withdrawal limit per day. Getting cash outside of the USA could be difficult.

  • Bill
    Lv 6
    4 weeks ago

    Ask Discover.  Maybe their web site has the answer.  

Still have questions? Get your answers by asking now.