Regardless of which Discover account you choose, the following simple steps will help you save for your short-term goals. Discover Money Market Accounts provide ready access by ATM, check or debit card 1yet offer competitive interest rates.
These neeed work best for those hSort need to tap into their funds on an ongoing basis. Discover Online Savings Accounts Short term need offers high liquidity, but may be more appropriate for one-time goals — such as a down payment on a Short term need. There is no minimum deposit to open a Discover Online Savings Account.
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Discover CDs are interest-bearing deposit Short term need with Short term need wide range of maturities. In exchange for purchasing a certificate of deposit, you receive the return of principal plus interest at the maturity date, making Discover CDs an ideal vehicle if you want to set aside a fixed sum today for a goal with a specific investment horizon.
Of course, not all short-term savings goals involve setting aside money for a significant planned expense. You should also consider the benefits of saving money for unexpected expenses in an emergencies-only account. Finally, remember that short-term financial objectives should not take away from saving for long-term goals.
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Open a Discover Bank account Short term need in minutes or call our U. S-based hour Customer Service at The article and information provided herein are for informational purposes only and are not intended as a substitute for professional advice.
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