It’s an easy one too, which I’m always excited about, so we’re celebrating Free Money early this week! In fact, I think we should declare this an official free money week, so be sure to check back every day for more free money.
Here’s how to get your $25 when you open a Discover savings account.
The bonus offer amount will be reported as interest income for the account holder on form 1099-INT.
IRA CDs are not eligible for this offer.
More on Discover
Referrals. Once you open a Discover Bank account, you can refer friends through the promotion. You and your friend will both get $25. There’s a maximum 20 bonuses to each customer per year. Update: Apparently, the referral program is random, so you’ll have to watch for an email to get a referral code for your friends. Thanks Steve!
Money Markets and CDs. You can also open a money market account or Discover CD with the promotion. However, the minimum funding and amount to maintain for those accounts is $2,500.
Previous Etrade Accounts. Don’t forget about your old etrade accounts! I ended up with a Discover savings account after they were converted from Etrade. Unfortunately, I was reminded of that when I tried to refer my husband; his account was converted too, which I conveniently forgot about. Now, I’m off to see if I can refer my kids…
You can get my latest articles full of valuable tips and other information delivered directly to your email for free simply by entering your email address below. Your address will never be sold or used for spam and you can unsubscribe at any time.
Advertiser Disclosure: MyDollarPlan.com is an independent, advertising-supported service. The offers that appear on this site are from companies which MyDollarPlan.com receives compensation. This compensation may impact how and where products appear on this site, including, for example. the order in which they may appear within listing categories. Other factors, such as our own proprietary website rules and the likelihood of applicants' credit approval also impact how and where products appear on this site. MyDollarPlan.com does not include the entire universe of available financial or credit offers.