Open an NEA® Money Market Account through Discover Bank, Member FDIC, and you’ll earn higher-than-average returns.1 This member benefit also offers you:
Family members need to be registered prior to opening an account to qualify for the bonus. To register your family members please contact the NEA Member Service Center (1-800-637-4636) from 8am-8pm EST, M-F and 9-1pm on Saturday.
1. National Savings Average APY is based on specified product types of top 50 U.S. banks (ranked by total deposits) provided by Informa Research Services, Inc. as of .
2. To qualify for the $20 bonus offer, the applicant must: (i) be an Eligible NEA Member (an individual who is an NEA member as of the account application date, or any of the following individuals who is related to and is registered by such an NEA member as of the account application date: parent, spouse, domestic partner, son, daughter, parent of the spouse/domestic partner), and (ii) open either an NEA CD or Money Market account through Discover Bank with an initial minimum deposit of $2,500. While the NEA Online Savings Account through Discover Bank does not require a minimum opening deposit, you must make an initial minimum deposit of $500 to receive the bonus. NEA affiliation subject to verification. Bonus limited to one per Eligible NEA Member, per product, per calendar year. IRA CDs are not eligible for this offer. Bonus will be awarded via account credit within 60 days following the end of the month in which the account is funded and will be reported on IRS Form 1099-INT. Account must be opened at time of account credit. Offer may be withdrawn or modified at any time without notice.
3. Federal law limits the number of certain types of withdrawals and transfers from a Money Market Account to a combined total of six per calendar month. There is no limit on the number of withdrawals by ATM or by Official Check mailed to you. If you exceed these transaction limitations during any calendar month we may assess an Excessive Withdrawal Fee or refuse to pay each transaction in excess of the limitations. If you exceed these limits on more than an occasional basis, we reserve the right to close your account.
4. Annual Percentage Yield (APY) is accurate as of for Money Market account balances under $100,000 and balances $100,000 and over. Each APY is subject to change daily without notice. Applies to personal accounts only. Minimum opening deposit is $2,500.
Deposit accounts offered by Discover Bank, Member FDIC.
SAVE MORE. EARN MORE.
The NEA® Money Market Account
With rates that consistently exceed the national average1, plus a $20 new account bonus2. Rates accurate as of .