Discover Selected as One of the Best Banks for 2017

GOBankingRates Recognizes Discover’s Online Banking Products and Features in Fifth Annual Best Bank Series

Discover Bank has been named one of the Best Banks of 2017 as part of the fifth annual banking survey by GOBankingRates, a leading personal finance website. Discover was recognized in four of the five surveyed categories, including Best Savings Account, Best CD Account and received the Editor’s Pick Awards for Best Online Bank for Quality and Range of Products and for the Best Checking Account for Rewards. This is the fourth year in a row that Discover has been recognized in the Best Banks study from GOBankingRates.

“Discover strives to offer a broad range of online banking options to best fit our customer’s financial needs and goals,” said Heather Roche, vice president of deposits at Discover. “With all of our products, our goal is to offer competitive rates and useful features while providing a rewarding customer experience.”

In the Best Banks of 2017 study, GOBankingRates compiled a list of the top 100 FDIC-insured banks by asset size that offer products nationally in the U.S. The study evaluated and ranked the banks on different factors, with the best banks offering the most favorable experience to customers. These 100 banks were ranked to find the top 10 in five different categories.

"GOBankingRates congratulates Discover for being ranked one of our Best Banks of 2017," said Brett Rossmann, GOBankingRates CEO. "Discover's wide range of quality products and reward programs are what makes them stand out from their competition."

Discover Bank offers competitive interest rates on CDs, IRA CDs, savings and money market accounts. Discover’s Cashback Checking, which is currently available to all Discover cardmembers and deposit account owners, offers rewards for customers on up to 100 transactions per month. Cash back is earned on debit card purchases, online bill payments, and checks cleared. Discover Bank customers can easily access their account information on the go with Discover’s mobile app and have peace of mind knowing they are secure with accounts that are FDIC-insured to the maximum allowed by law.

For more information on Discover’s online banking products, visit www.discover.com/online-banking/.

View the full results from the 2017 GOBankingRates Best Banks study here: https://www.gobankingrates.com/banking/best-banks-2017/.

About Discover

Discover Financial Services (NYSE: DFS) is a direct banking and payment services company with one of the most recognized brands in U.S. financial services. Since its inception in 1986, the company has become one of the largest card issuers in the United States. The company issues the Discover card, America's cash rewards pioneer, and offers private student loans, personal loans, home equity loans, checking and savings accounts and certificates of deposit through its direct banking business. It operates the Discover Network, with millions of merchant and cash access locations; PULSE, one of the nation's leading ATM/debit networks; and Diners Club International, a global payments network with acceptance in more than 185 countries and territories. For more information, visit www.discover.com/company.

About GOBankingRates

GOBankingRates.com is a personal finance news and features website dedicated to helping visitors live a richer life. From tips on saving money, to investing for retirement or finding a good interest rate, GOBankingRates helps turn financial goals into milestones and money dreams into realities. Its content is regularly featured on top-tier media outlets including MSN, MONEY, AOL Finance, CBS MoneyWatch, Business Insider and dozens of others. GOBankingRates specializes in connecting consumers with the financial institutions and products that best match their needs. Start your journey toward a rich mind and full wallet with us here.

View source version on businesswire.com: http://www.businesswire.com/news/home/20170112005723/en/

GOBankingRates.comKatie Johnston, Media Relations310-297-9233 [e-mail] Grage [e-mail]