2-Year CD

3.85% AER · fixed rate

Min. Deposit: $2,500
Term: 2 years
Protection: FDIC & NCUA

What $25,000 Earns You

At 3.85% AER over 2 years. Take the interest once a year, or leave it in to compound.

You Deposit	$25,000
Paid Once a Year	$963
Total Interest	$1,925
Balance at the End	$25,963

Each $963 interest payment is paid to you directly, and $1,925 is what they add up to over the term. The figure at the end is your initial investment of $25,000 paid back plus your final interest payment.

You Deposit	$25,000
Total Interest	$1,962
Balance at the End	$26,962

No interest is paid out to you during the investment period, so your final return will include your initial investment of $25,000 plus $1,962 interest.

Where You Stand

FDIC & NCUA

Covered up to Up to $250,000 per person if Discover Bank fails.

Product Details

Type: CD
Term: 2 years
How Interest Is Paid: Once a year Left to compound
Min. Deposit: $2,500
Protection: FDIC & NCUA
Coverage: Up to $250,000
Region: USA

Eligibility & Details

FDIC-insured.
$2,500 minimum.
Early withdrawal penalty: 6 months interest.

Compare Canada is a comparison site, not a financial adviser. Figures use a $25,000 example at 3.85% over 2 years, compounded annually where shown. Confirm all terms with Discover Bank before you commit.