Discover Bank Near Me

Discover Bank is the online-only deposit-bank arm of Discover Financial Services (now part of Capital One Financial Corporation). Capital One completed its $35.3 billion acquisition of Discover on May 18, 2025. The merger was approved by the Federal Reserve, the Office of the Comptroller of the Currency, and the Delaware State Bank Commissioner, and by shareholders of both companies. Following the merger, Discover Bank stopped accepting new banking applications in January 2026; the Discover Online Savings, Money Market, CDs, IRA CDs, and the Discover Cashback Debit checking account are no longer open to new customers. Existing Discover Bank deposit accounts continue to operate normally and are being migrated to Capital One systems over 2026. Discover’s credit-card business, including the popular Discover It card, remains active and is transitioning to the Capital One website and mobile app on July 27, 2026.

Map of Discover Bank locations near me

Use the Discover Bank ATM locator below to find the nearest fee-free Discover-network ATM in your location. Discover Bank does NOT operate retail bank branches: it is an online-only bank, with its single physical location being the corporate headquarters at 502 East Market Street, Greenwood, Delaware 19950. ATM access for Discover Bank debit cards is provided through the 60,000+ Allpoint and MoneyPass ATM networks across the United States, Canada, Mexico, Puerto Rico, and the Caribbean. You can click ‘Use my location‘ to see fee-free Discover-network ATMs around you on the map.

Discover Bank at a glance

• Official name: Discover Bank (a division of Capital One, N.A., Member FDIC)
• Parent company: Capital One Financial Corporation (NYSE: COF), since May 18, 2025
• Previous parent: Discover Financial Services (formerly NYSE: DFS, delisted May 2025)
• Founded: Discover Bank traces back to 1911 as Greenwood Trust Company; renamed Discover Bank in 2000
• Discover Card: launched 1985 by Sears, Roebuck and Company; spun off as Discover Financial Services in 2007
• Headquarters: 502 East Market Street, Greenwood, Delaware 19950 (the only physical Discover Bank location)
• Retail branches: none (online-only deposit bank)
• Fee-free ATM network: 60,000+ ATMs via Allpoint and MoneyPass across the US, Canada, Mexico, Puerto Rico, and the Caribbean
• Customer service hours: 24 hours a day, 7 days a week at 1-800-347-7000
• Banking applications status (2026): CLOSED to new customers since January 2026; existing accounts continue to operate
• Credit card status: Discover cards still active; transitioning to the Capital One website and mobile app on July 27, 2026
• FDIC insurance: yes, deposits insured up to $250,000 per depositor, per insured bank, per account ownership category

Discover Bank branch near me

Discover Bank does not have a traditional retail-branch network. It is, and has always been, an online-only deposit bank: all accounts are opened, funded, and serviced through the Discover website and mobile app, and customer service runs through a 24/7 telephone line. The bank’s only physical address is its corporate headquarters in Greenwood, Delaware, which is not a customer-facing branch.

Greenwood, Delaware: Discover Bank’s only physical location

The Discover Bank corporate offices are at 502 East Market Street, Greenwood, DE 19950. This is the headquarters of the legal entity Discover Bank, but it is not a branch where you can walk in for retail banking services. The Greenwood site traces back to Discover Bank’s predecessor, the Greenwood Trust Company, a Delaware bank chartered in 1911 and acquired by Sears, Roebuck and Company in 1985 to support the new Discover Card. The Sears acquisition is the reason Discover Bank is chartered as a Delaware state bank rather than a national bank.

Why Discover Bank stays online-only

Discover Bank was built around the cost advantage of running a deposit bank with no retail branches: every dollar saved on rent, tellers, and physical infrastructure could be returned to customers as higher savings APYs, no monthly fees, and no minimum balances. The online-only model also let Discover Bank compete nationally without state-by-state branch licensing. The model worked: at its peak, Discover Online Savings consistently ranked among the top high-yield savings accounts in the United States.

Discover Bank ATM near me

Use the Discover Bank ATM finder to locate the closest fee-free Discover ATM machine around you. Although Discover Bank does not operate its own physical-branch ATMs, the Discover debit card has access to one of the largest fee-free ATM networks in the United States.

The Discover fee-free ATM network: 60,000+ ATMs

• Allpoint: approximately 55,000 ATMs across the United States, Canada, Mexico, Puerto Rico, the United Kingdom, and Australia. Allpoint ATMs are commonly located inside Target, Costco (some), CVS, Walgreens, Speedway, 7-Eleven, Circle K, and select grocery chains.
• MoneyPass: approximately 40,000 ATMs across the United States, including many credit union branches and convenience locations. MoneyPass is the same network used by other online banks like U.S. Bank and Republic Bank.
• Discover Network: a smaller set of Discover-branded ATMs at certain retail locations.

Discover Bank customers using the Discover Cashback Debit card pay no fee from Discover at any ATM in the fee-free network. If you use an out-of-network ATM, Discover may charge a $3.00 surcharge per transaction (verify with current account terms). Discover does not currently rebate out-of-network ATM fees.

Where to find Discover-network ATMs

Use the official Discover ATM locator at discover.com/online-banking/banking-features/atm-locator, the Allpoint locator, or the MoneyPass locator to find a fee-free Discover ATM near you. Most Allpoint ATMs are inside major retail and convenience-store chains and are accessible during the host store’s hours. Many Allpoint ATMs are accessible 24/7.

Discover Bank accounts in 2026

Following the Capital One acquisition, Discover Bank stopped accepting new banking applications in January 2026. Each product has a specific status; below is the current state of each Discover Bank deposit account.

Discover Online Savings Account

Discover Bank’s flagship high-yield savings account. Most-recent APY: approximately 3.30% to 3.40% APY (variable, may change at any time). No monthly fees, no minimum opening deposit, no minimum balance to earn the APY, and FDIC-insured up to $250,000 per depositor. The Discover Online Savings Account is closed to new applications as of January 2026. Existing Discover Online Savings accounts continue to operate normally and earn the prevailing APY; the accounts will migrate to Capital One systems over the course of 2026.

Discover Cashback Debit (the Discover Bank checking account)

Discover’s online checking account, distinctive for paying 1% cash back on the first $3,000 of debit-card purchases per month (a maximum of $30 per month or $360 per year in cash back). No monthly fees, no minimum deposit, no overdraft fees, and access to the 60,000+ fee-free ATM network. The Discover Cashback Debit account is closed to new applications as of January 2026. Existing Cashback Debit accounts continue to earn 1% cash back on qualifying purchases. Capital One does not currently offer an equivalent cashback debit product.

Discover Bank Money Market Account

An interest-paying money market with check-writing privileges and a debit card. APY is competitive with the Online Savings APY. Closed to new applications as of January 2026.

Discover Bank Certificates of Deposit (CDs)

Fixed-term CDs in 3-month, 6-month, 9-month, 12-month, 18-month, 24-month, 30-month, 36-month, 48-month, 60-month, 84-month, and 120-month maturities, with a $2,500 minimum opening deposit. Early-withdrawal penalties apply. Closed to new applications as of January 2026. Existing CDs continue to earn the contracted APY through maturity; at maturity, depositors will be given options consistent with Capital One’s CD product line.

Discover Bank IRA CDs

Traditional, Roth, and SEP IRA Certificates of Deposit with the same maturity options as standard Discover CDs. Closed to new applications as of January 2026. Existing IRA CDs continue normally.

What to do if you wanted to open a Discover Bank account

If you arrived at this page looking to open a new Discover Online Savings, Cashback Debit, Money Market, or CD, those products are no longer available to new customers. Most-comparable alternatives, ranked by similarity to the original Discover offering:

• Capital One Bank (the new parent) offers Capital One 360 Performance Savings, 360 Checking, and 360 CDs with competitive APYs, no monthly fees, and access to the same 60,000+ fee-free ATM network through Allpoint and MoneyPass.
• Marcus by Goldman Sachs offers an online high-yield savings account at competitive APY with no fees.
• Ally Bank is the closest direct competitor to Discover Bank’s online-only model, with high-yield savings, no-fee checking, and Allpoint ATM access.

Discover Bank vs Discover Card: clarifying the difference

A common source of confusion: Discover Bank and the Discover Card are related but distinct. Discover Bank is the FDIC-insured deposit bank (savings, checking, CDs). The Discover Card is the credit card brand (Discover It, Discover It Miles, Discover It Student Cash Back, etc.). Both are now subsidiaries of Capital One after the May 2025 merger.

• Discover Bank deposit accounts: closed to new customers since January 2026; existing accounts continue.
• Discover Card credit cards: still active and accepting new applications; the Discover-branded cards (Discover It, etc.) transition to the Capital One website and mobile app on July 27, 2026. Existing Discover Card accounts continue normally with the same card numbers, the same Cashback Match, the same APR, and the same rewards.
• Discover credit-card customer service: 1-800-DISCOVER (1-800-347-2683) is the Discover Card line; it is separate from the 1-800-347-7000 line that serves Discover Bank deposit accounts.

Discover Bank hours, customer service hours, and open now

Because Discover Bank operates online only, “branch hours” do not apply in the traditional sense. The hours that matter are customer service hours, mobile app availability, and ATM access.

Discover Bank phone customer service and the mobile app are available 24/7 every day of the year, including all federal holidays. ACH transfers do not process on federal holidays because the Federal Reserve’s ACH network is closed; deposits scheduled for a holiday post the next business day. Federal holidays:

• New Year’s Day (January 1)
• Martin Luther King Jr. Day (third Monday of January)
• Presidents Day (third Monday of February)
• Memorial Day (last Monday of May)
• Juneteenth National Independence Day (June 19)
• Independence Day (July 4)
• Labor Day (first Monday of September)
• Columbus Day (second Monday of October)
• Veterans Day (November 11)
• Thanksgiving Day (fourth Thursday of November)
• Christmas Day (December 25)

Is Discover Bank open now near me? Yes, in the only sense that matters for an online-only bank: the customer service phone line at 1-800-347-7000 is staffed 24/7, the website and mobile app are available 24/7, and the 60,000+ fee-free ATM network operates 24/7 at most locations. There are no physical branches with hours to check. See our Banks Open on Holidays Near Me page for the full federal holiday schedule.

Contact Discover Bank: customer service phone numbers

• Discover Bank general customer service: 1-800-347-7000 (24 hours a day, 7 days a week, including federal holidays)
• Discover Online Banking technical support: 1-800-290-9885
• Discover Student Deposits (custodial savings accounts): 1-800-767-7344
• Account agreement questions: 1-800-983-1245
• Report phishing or fraudulent activity: 1-877-737-1931
• Identity verification: 1-866-598-7726
• Inactive accounts: 1-888-204-8999
• International callers (Discover Bank from outside the US): +1-801-451-3737
• Hearing or speech impaired: dial 711 for Relay Service
• Discover Card customer service (NOT Discover Bank): 1-800-DISCOVER (1-800-347-2683), 24/7

The 24/7 phone customer service at 1-800-347-7000 has been one of Discover Bank’s most-promoted customer-service features and is staffed by US-based representatives. The line remains open under Capital One ownership.

About Discover Bank: history, the Capital One acquisition, and what changed

Discover Bank’s history runs through two separate threads that eventually combined.

The Greenwood Trust Company thread (1911 to 1985)

The legal entity that is now Discover Bank traces back to Greenwood Trust Company, a small Delaware bank founded in 1911 in Greenwood, Sussex County, Delaware. The bank served the surrounding agricultural community for decades. Delaware’s bank-friendly state charter (and consumer-credit law amendments in the early 1980s, which removed interest-rate caps for credit card issuers) made the state an attractive home for new credit-card-issuing banks.

The Discover Card thread (1985 to 2007)

In 1985, Sears, Roebuck and Company launched the Discover Card as a new credit-card competitor to Visa, Mastercard, and American Express. Sears acquired the Greenwood Trust Company to serve as the issuing bank for the Discover Card, taking advantage of Delaware’s credit-card-friendly statutes. The Greenwood Trust Company was renamed Discover Bank in 2000. In 2007, Discover Financial Services (DFS) was spun off as an independent public company on the New York Stock Exchange, separating from the Morgan Stanley group (which had acquired the Discover business from Sears in 1993).

Discover Bank as an online deposit bank (2007 to 2025)

Following the 2007 spin-off, Discover Bank built out its online deposit-bank operations: high-yield savings (Discover Online Savings Account), CDs, IRAs, the Cashback Debit checking account (launched 2010), and Money Market accounts. Discover Online Savings consistently ranked among the highest-APY US savings accounts. Discover Bank remained an online-only bank with no retail branches, distinguishing itself from Capital One, which operated physical branches and Capital One Cafes.

The Capital One acquisition (announced February 2024, closed May 2025)

In February 2024, Capital One Financial Corporation announced a $35.3 billion all-stock acquisition of Discover Financial Services. The deal received regulatory approval from the Federal Reserve and the Office of the Comptroller of the Currency in April 2025, from the Delaware State Bank Commissioner in December 2024, and from shareholders of both companies in February 2025. The merger closed on May 18, 2025, making Capital One one of the largest credit-card issuers in the United States and giving Capital One control of Discover Bank, the Discover Card brand, and the Discover payment network.

What changed after the merger

• January 2026: Discover Bank stopped accepting new banking applications. The Online Savings, Cashback Debit, Money Market, CDs, and IRA CDs are no longer open to new customers.
• Existing Discover Bank accounts continue to operate normally and earn the prevailing APY. Accounts are migrating to Capital One systems gradually over 2026.
• Discover Card credit cards remain active; existing Discover It and other Discover cards keep their current card numbers, rewards, and APRs. The cards transition to the Capital One website and mobile app on July 27, 2026.
• FDIC insurance continues for all Discover Bank deposits.
• The 24/7 customer service line at 1-800-347-7000 remains operational.

What existing Discover Bank customers need to know

• Your account continues to work normally. Direct deposits, bill pay, transfers, and debit-card transactions all continue.
• Your APY continues to track the published Discover rate until your account is migrated to Capital One systems, at which point it will track the corresponding Capital One product APY.
• Your debit card and online login continue to work; you do not need to do anything until you receive a migration notification from Discover or Capital One.
• Your FDIC insurance continues. If you have deposits at both Discover Bank and Capital One Bank, note that combined deposits may exceed the $250,000 per-bank FDIC limit after migration; check the combined balance carefully.
• Watch for migration notices. Discover and Capital One are sending written notices to affected customers ahead of any account-system changes. Treat unexpected calls or texts about your account as potential phishing; call 1-800-347-7000 to verify.
• If you want to move to a different bank, you can transfer your Discover Bank balance to another bank via standard ACH transfer or external account link at any time.

Frequently asked questions

Where is the Nearest Discover Bank Branch Near Me?

Discover Bank is an online-only bank with no retail branches anywhere in the United States. The bank’s only physical location is its corporate headquarters at 502 East Market Street, Greenwood, Delaware 19950, which is not a customer-facing branch. The “nearest” Discover Bank presence is the ATM network (60,000+ fee-free Allpoint and MoneyPass ATMs) and the 24/7 customer service phone line at 1-800-347-7000.

How to Find the Closest Discover Bank ATM Around Your Location

Use the Discover ATM Locator at discover.com/online-banking/banking-features/atm-locator or the Allpoint locator at allpointnetwork.com/locator to find fee-free Discover-network ATMs around you. The Discover Cashback Debit card pays no fee from Discover at any ATM in the Allpoint or MoneyPass network, which spans approximately 60,000 ATMs across the US, Canada, Mexico, Puerto Rico, and the Caribbean.

Use the Map to See Locations of Discover Bank Around You

The map on this page shows Discover ATM partners near your location. Because Discover Bank has no retail branches, the map focuses on the 60,000+ Allpoint and MoneyPass fee-free ATM network, which is the practical equivalent of a “Discover Bank near me” search.

Is Discover Bank still accepting new accounts in 2026?

No. Discover Bank stopped accepting new banking applications in January 2026 following the Capital One acquisition that closed in May 2025. The Discover Online Savings Account, Cashback Debit checking, Money Market, CDs, and IRA CDs are all closed to new customers. Existing Discover Bank accounts continue to operate normally. If you wanted to open a new Discover account, the closest alternatives are Capital One Bank (the new parent), Marcus by Goldman Sachs, or Ally Bank.

What happened to Discover Bank after the Capital One merger?

Capital One completed its $35.3 billion acquisition of Discover Financial Services on May 18, 2025. Discover Bank became a division of Capital One, N.A. Following the merger, Capital One stopped accepting new Discover Bank banking applications in January 2026 and is migrating existing Discover Bank deposit accounts to Capital One systems over the course of 2026. Discover credit cards remain active and are transitioning to the Capital One website and mobile app on July 27, 2026.

Does my Discover Card still work after the Capital One merger?

Yes. Existing Discover Cards (Discover It, Discover It Miles, Discover It Student Cash Back, etc.) continue to work normally with the same card numbers, the same Cashback Match, the same APR, and the same rewards. The Discover-branded cards transition to the Capital One website and mobile app on July 27, 2026; your card will continue to work during and after the transition. Discover is still accepting new Discover Card applications.

What is Discover Bank’s customer service phone number?

Discover Bank’s main customer service line is 1-800-347-7000, available 24 hours a day, 7 days a week, including federal holidays. For online banking technical support, call 1-800-290-9885. For fraud or phishing, call 1-877-737-1931. International callers reach Discover Bank at +1-801-451-3737. Note: the Discover Card credit card customer service is separate, at 1-800-DISCOVER (1-800-347-2683).

Is Discover Bank FDIC insured after the Capital One merger?

Yes. Discover Bank is now legally Discover, a division of Capital One, N.A. (Member FDIC). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category. If you have deposits at both Discover Bank and Capital One Bank, note that combined deposits may exceed the $250,000 per-bank FDIC limit once the accounts migrate to the same legal entity; review your combined balance carefully.

Where is Discover Bank headquartered?

Discover Bank is headquartered at 502 East Market Street, Greenwood, Delaware 19950. The site has been the bank’s headquarters since the original Greenwood Trust Company was founded there in 1911. The Greenwood headquarters is the only physical Discover Bank location and is not a customer-facing branch. Capital One Financial Corporation, the new parent company, is headquartered in McLean, Virginia.

Where can I find a fee-free Discover ATM near me?

Discover debit card holders have access to approximately 60,000 fee-free ATMs through the Allpoint and MoneyPass networks. Allpoint ATMs are commonly inside Target, CVS, Walgreens, Speedway, 7-Eleven, and Circle K stores. MoneyPass ATMs are at many credit union branches and convenience locations. Use the Discover ATM locator at discover.com or the Allpoint locator at allpointnetwork.com to find one near you.

Does Discover Bank still pay 1% cash back on the Cashback Debit?

For existing Discover Cashback Debit accounts, yes: the account continues to pay 1% cash back on the first $3,000 of qualifying debit card purchases per month (up to $30 per month, $360 per year). New Cashback Debit accounts are no longer available since January 2026, and Capital One does not currently offer an equivalent cashback debit product.

How many Discover Bank locations are there?

Discover Bank has only one physical location: its corporate headquarters in Greenwood, Delaware. There are no retail branches anywhere in the United States. The bank’s “network” is its 60,000+ fee-free Allpoint and MoneyPass ATMs, available across the US, Canada, Mexico, Puerto Rico, and the Caribbean.

Can I deposit cash at a Discover Bank?

No. Discover Bank does not accept cash deposits because it has no retail branches and the ATMs in the Allpoint and MoneyPass fee-free network do not accept cash deposits to Discover Bank accounts. To deposit cash to a Discover Bank account, deposit it at a brick-and-mortar bank you control and ACH transfer the funds to Discover, or buy a money order and mail it to Discover Bank. For check deposits, use the Discover mobile app’s mobile check deposit feature.

For more banking guides

• Capital One Bank Near Me, the new parent company of Discover Bank after the May 2025 acquisition
• Ally Bank Near Me, the closest direct competitor to Discover’s online-only deposit-bank model
• Allpoint ATM Near Me, the largest of the surcharge-free ATM networks used by Discover Bank customers
• ATM Near Me, find ATMs at any bank, surcharge-free options, and drive-thru ATMs
• Banks Open on Holidays Near Me, the federal holiday schedule and which banks observe which holidays
• Banks Open on Sunday Near Me, the full list of banks with Sunday hours
• Banks Near Me homepage, a directory of 70+ US, UK, and international banks