Your savings can grow faster with the NEA® Online Savings Account through Discover Bank, Member FDIC. You get a rate that’s consistently among the nation’s highest—5x the national savings average1. Plus you get additional member-only benefits:
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. The APY for the NEA Online Savings Account as of is more than five times the national average APY for interest-bearing savings accounts with balances over $500 as reported by Informa Research Services, Inc. as of . Interest rate and APY are subject to change at any time. Although the information provided by Informa Research Services has been obtained from the various institutions, accuracy cannot be guaranteed.
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 Offer may be withdrawn or modified at any time without notice.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 an Online Savings Account to a combined total of six per calendar month. There is no limit on the number of withdrawals 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 . Applies to personal accounts only. Fees could reduce the earnings on the account. Rates may change at any time without prior notice, before or after the account is opened.
Deposit accounts offered by Discover Bank, Member FDIC.
SAVE MORE. EARN MORE.
The NEA® Online Savings Account
Get a great rate and $20 bonus2 when you open a new account and make an initial minimum deposit of $500 or more. Rates accurate as of .