What bank owns Discover?

Discover Financial Services is in the process of being bought by Capital One Financial Corp. The $35.3 billion deal, announced Feb. 19, 2024, is pending regulatory approvals—a process that will be significant because it involves two large financial companies. The deal is expected to close in late 2024 to early 2025.

What does the Capital One and Discover deal mean for banking customers?

Capital One is set to acquire Discover, assuming their banking customers once the deal closes. Both companies have similar banking products that will eventually merge, although it’s too early to determine exactly how the products will change. It’s likely Discover’s banking features will get tweaked over time, particularly with the new Capital One branding.

How do I deposit money into my Discover Bank account?

There are several ways to deposit money to Discover accounts, including making a mobile check deposit with the Discover banking app, completing an online transfer to your Discover account, or setting up direct deposit. You can also mail checks made payable to you with a deposit slip to Discover Bank.

What is the Zelle limit for Discover?

Discover banking customers may send a total of $600 per day using Zelle.

How long does a Discover Bank transfer take?

While transfers from one Discover deposit account to another are nearly instant, transfers to or from outside banks can take up to five business days.

Home
Personal Finance
Education
Business Solutions
Shopping

We have independently evaluated the products and services below. We may earn affiliate revenue from links in the content.

Home Page

Personal Finance

Credit Cards
Banking

Savings

Best Savings Accounts
Best High-Yield Savings Accounts
What is a High-Yield Savings Account?
Savings Calculator

CDs

Best CD Rates
Current CD rates
1-Year CD Rates

Best Money Market Accounts
Best Cash Advance Apps
Free Checking Accounts
Checking Account Bonuses
Online Banks & Credit Unions
Business Checking Accounts
Budgeting Apps

Insurance

Jewelry Insurance
Small Business Insurance Companies

Mortgages

Home Equity Loan Rates

Investing

Investments
Online Brokerages
Investment Apps
Cryptocurrency Apps & Exchanges
Roth IRAs
Robo-Advisors

Loans

Best Credit Repair Companies
Best Debt Relief Companies
Personal Loans
Buy-Now, Pay-Later Apps

Education

Business
Tech
Health & wellness

Business Solutions

VoIP
CRM
Payroll
Web Hosting

Shopping

Shopping Guides

Go to Fortune.com

BANKING

PERSONAL FINANCE
BANKING
DISCOVER REVIEW JANUARY 2025: HIGH-YIELDING CDS AND FREE SAVINGS, BUT NOT MANY ACCOUNT OPTIONS

Discover Bank Review January 2025: Free savings account with high APY but limited account options

$\"Compare$