Discover AAA Savings account $150/$200 Bonus with $15,000/$20,000 Deposit at Discover Card
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Enter offer code AAABONUS when applying.
Note: 1. People have tried to open this account without AAA membership, and it has worked for them. 2. You can apply this account even if you already have a regular discover savings account.
Maximum bonus amount: $200
Availability: Nationwide
Direct deposit required: None
Additional requirements: Deposit $15,000 for $150 bonus or deposit $20,000 for $200 bonus
APY: 1.15%
Initial Deposit: None
Hard/soft pull: Soft
ChexSystems: Checking does have Chex inquiry
Credit card funding: None
Monthly fees: None
Early account termination fee: None mentioned
Expiration date: Open account by October 31st, 2017. Must deposit funds by November 15th, 2017
Insured: FDIC*To get your $150 or $200 Bonus offer: What to do: Apply for your first AAA Online Savings Account from Discover Bank by 10/31/17. Enter Offer Code AAABONUS when applying. Deposit a total of at least $15,000 into your account by 11/15/17 to earn a $150 Bonus or deposit a total of at least $20,000 into your account by 11/15/17 to earn a $200 Bonus. Maximum bonus eligibility is $200 per account. What to know: Offer not valid for existing or prior AAA savings customers. Account must be open when bonus is credited. Bonus will be credited to the account by 11/30/17. Bonus is considered interest and will be reported on IRS Form 1099-INT. Offer may be modified/withdrawn without notice.
Note: Data so far points to not needing an actual AAA membership to get this deal.
- You can get this bonus even if you have the regular savings account.
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For what’s it’s worth I signed up over the phone last night 1-800-206-4960 (9/25/17), the webpage was giving me issues. I have had a regular savings account with them in the past so I’ll update when and if I receive the bonus.
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DH and I haven’t received our $200 bonus for accounts we opened using S817 code. Both of us have completed the $20K deposit and we’re just waiting on bonus to post on or before 10/30 per terms. We plan to open the AAA after receiving bonus on the savings; we’re transferring main bulk of the $20k to our bank hub so it’ll be new money when it’s deposited to AAA by Nov 15. Will also try later for the AAII bonus.
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Per DOC:
"…people have successfully gotten the bonus from the Discover savings and this AAA discover savings bonus before as well. I don’t think the order matters, but I’d probably do the regular Discover savings account first and then this AAA account."I’ve already opened the regular Discover savings account with the code for a bonus, so I’d like to know if anyone here has received both bonuses before I apply for the AAA Discover offer as well.
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I opened a regular account with $200 bonus code last night…should I open one with AAA code for another $200 bonus? Need to know if anyone got both bonus as turtlebug ^^
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I haven’t opened this account yet but I received my $200 bonus from savings. Account opened 9/18 with $5K, then another $15K on 9/20. Small interest posted by 9/30 and then yesterday I saw the $200 bonus posted.
Do I have to close this savings account first before I open the AAA Discover? TIA
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@turtlebug
I opened regular account for me and spouse. Code for regular account (not AAA) is ST17 . Is it ok to open 2 accounts with same household address. I would like to open another 2 accounts with AAA savings account. Is it fine? We will end up having 4 accounts in total. Please let me know. This is my post post in this forum.
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@mnsweeps
I would like to know as well. Opened 2 regular accounts. One each for me and spouse. Would like to open 2 AAA accounts. Is it fine to open this many accounts with same address.Thanks
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@ritholtz code I used for regular savings where I already got $200 bonus is S817 which IINM expired Oct 2.
we have AAA membership so I’ll apply by Tuesday for AAA bonus.
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@ma-barker
Thanks Barker. I used code from their webpage. Application populates old code by default. But I changed it ST17. Message about the promotion showed up in confirmation page while applying for it. Is it ok to apply for AAA savings account and multiple accounts for address?
Thanks
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@ritholtz the DPs I’ve read do not limit to one per address/household so if there are several adults in an address, they can open their own accounts and receive the bonus. I’m thinking of opening my AAADisc acct next week and then DH opens his, which we will fund full $20K on each account by 11/12 and wait for our bonuses to post by 11/30. I wasn’t expecting to get my savings bonus this early but I’m glad I did; hopefully, DH gets his savings bonus next week.
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@ma-barker
Hi, We have opened regular Disc acct by funding 20k. Deposit process is complete. Is it ok to move most of this money to some other bank and fund it to open AAA Disc acct.Thanks,
Narasimha Kanagala
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@ritholtz I cannot give you guarantees, just my personal experience where I pulled almost all the funds soon as the full $20K posted to keep account open. The $200 bonus posted on Oct 5. DH opened his first savings a week later than I did and he hasn’t received his bonus, he might get his on the next batch.
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@ma-barker said in Discover AAA Savings account $150/$200 Bonus with $15,000/$20,000 Deposit at Discover Card:
DH opened his first savings a week later than I did and he hasn’t received his bonus, he might get his on the next batch
the $200 bonus on his savings account posted today. Those who didn’t get their bonus on the 5th, check it now
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Bonus posted today with a date of 10/23
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I’ve also gotten my AAA bonus today. Woot!
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@mnsweeps Go for it! I already received both bonuses from the savings and AAA savings.
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@ritholtz DH received his $200 bonus on savings yesterday, 10/20. Today, I checked my AAA savings and $200 has also posted! Suffice it to say that we just juggled the same $20K to open these accounts. So far, we’ve received $600 in bonuses and one $200 for DH which may post later. This is the highest ROI we’ve received so far w/o our money getting tied up. We’re using the same funds applying for more bank bonuses.
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@ma-barker
Hi,
Thanks for the information. We haven’t received any bonus so far. We can transfer back money to other bank open AAA accounts right? I am assuming there is no need to keep waiting with 20k balance until we get bonus.Thanks
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@ritholtz yes
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@ma-barker
Thanks. Is better to create new discover account for AAA savings account instead of using account for existing discover customer login information? Does it allow more than one user account with same SSN.Thanks
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@ritholtz if you mean one savings and one AAAsavings using same SSN, yes it has worked for many.
If you have an open regular savings and apply for AAA later, it will be under the same log in, you don’t create a new one. As to whether you’re guaranteed to get your bonus or not, no one can tell you that except the bank.
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@ma-barker
Thanks for the information. I am going to use same log in credentials and apply for AAA. This month end is the last date for promotion. I am not sure if i am going to get both. I am yet to get regular account bonus. Hopefully we will get everything. Are these external accounts added to discovery account shared between accounts?
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Ours was not. You do you.
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I got my AAA bonus in 12 days but my online account which was opened before that hasn’t see the $200 bonus yet. I emailed them and they said it can take till nov 30, 2017 to deposit the account. I used the SAVE917D1 promo code when i opened.
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I’ve successfully opened AAII for another $200 bonus for both of us. Will complete the full $20K on each account way before 11/15 and X our fingers another $400 posts. Those who plan to open this AAII bonus have until tomorrow, Oct 31 to open it and fully fund it by 11/15 to qualify for the $150 or $200 bonus, according to amount of your deposits.
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Thank you @Ma Barker . I’ve logged into Discover bank and see 5 of my 6 accounts. The remaining one is still waiting to confirm my identity. Full funding will hit 3 of the last 4 by Tuesday, and the other will fund shortly after they give me an account number. Easy 1200 bucks. That will cover some upcoming taxes that I always hate to pay. “:)”
I opened 3 accounts in my name and 3 in my wife’s name. I presume most people do this. Has anyone tried to open a joint account as another route to a bonus? That would mean 7 accounts per couple. I did not have an additional 20k available within the next two weeks, so could not try. It would tie up 140k, but I doubt if these things happen simultaneously on a regular basis, and it’s only for a couple of months.
Of course, I doubt if Discover will do one of these again (3 bonuses ending on the same day). When I called, it sounded as loud as a boiler room with poor acoustics.
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@honkinggoose you’re welcome
btw, the offer for regular savings has been extended until 12/18/2017 with a little modification. It’s still $150 bonus on $15K but to get the $200 bonus, total deposit is $25K. New bonus code is SN17. Funds must be received by 01/02/18 to receive the bonus.
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@honkinggoose
Can we open more than one account of same type and get bonus for each of them. So far I only got bonus for regular account. I am yet to get bonus posted for AAA account.
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We got our bonuses from AAII posted today but with date of 11/20. Those who opened accounts on or before 10/31, they should post by today since the last day to put funds and qualify for bonus was 11/15. For those who got approved for three, you may see three $200’s.
$1200 earned on $20K juggled in less than 60 days.
Thank you Discover!
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Ma Barker, Did the AAII promo expire?
Thanks!
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@alanmax I think so. I’ve seen the regular savings promo extended although the threshold to earn $200 was increased to $25K.
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Thanks! Somehow I missed the AAII. Got the other two thanks to you!
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@alanmax you’re very welcome!
did you do the BBVA $200 bonus nationwide? last day to register is 11/20 so check details at doc’s site. CAVEAT on using CCs to fund the account unless you have a lot of time to spend dealing with complications.
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Yep, I did. I tried credit card fund but they sent me an email declining it. I just funded it through an ACH after it was opened.
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We decided not to use CCs to put funds on the BBVA after reading a lot of problems posted by others. Since there’s no maintenance fee, I’d be glad to just get the bonus in January. Fingers crossed.
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@ma-barker
Hi,
Can we open more than one account and get multiple bonus. So far we got bonus for regular account and waiting for AAA account bonus to post.
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@ma-barker
I went to the branch. But they are going to charge fee for CC funding. Bank person told me, they are going to extend this promotion. I applied online using CC funding. I do not see any update so far.
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@ritholtz afaik, there’s no limit per HH and even though the terms may say you cannot get a bonus if you have/had a regular savings, many of us got 3 bonuses while opening the 3 accounts. sad to say, this isn’t churnable so that if higher bonuses come up in the future, we can’t likely get bonus for signing up.
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@ritholtz I have yet to hear of funding an account by CC inside branch that was NOT charged as cash advance. It is coded as sale/purchase ONLY when done online.
For now, only the regular savings bonus has been extended $150/$15K, $200/$25K although the threshold to get $200 has been increased to $25K. It is possible AAA and AAII will have bonuses sometime in the future, just stay tuned.
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@ma-barker said in Discover AAA Savings account $150/$200 Bonus with $15,000/$20,000 Deposit at Discover Card:
We got our bonuses from AAII posted today but with date of 11/20. Those who opened accounts on or before 10/31, they should post by today since the last day to put funds and qualify for bonus was 11/15. For those who got approved for three, you may see three $200’s.
$1200 earned on $20K juggled in less than 60 days.
Thank you Discover!
My $200 for AAA and $200 for AAII just posted as well. Thanks to Doctor of Credit for his amazing site and all the commenters there for these two. I did a regular Discover Savings promo a while back where it was $100 for $15,000. Wish I had waited for this one, but $100 was the normal going rate for a while for Discover. Still, $500 from one online bank with no DD requirement and a fast turnaround on the bonus was one of my best scores for 2017.
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@ma-barker
Thanks Barker. We have received our bonus for both the accounts (regular and AAA). We can open another regular savings account without closing any of existing accounts and still get another bonus?
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@ritholtz I don’t think so. These offers from Discover Bank are non churnable, IINM. Hopefully, data points come up saying others can now apply for regular, AAA and AAII after a certain time and get new bonuses.
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@ritholtz I thought the regular one was for being a new customer.
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@ma-barker
Some people talked about opening multiple savings account and getting bonus for each of them here.
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@ritholtz
If you try it and get another bonus on the regular savings, please let us know.
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We got bonus for AA and discover saving accounts. Are we good to close these accounts? Can we close and reapply again?
Thanks
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@ritholtz said in Discover AAA Savings account $150/$200 Bonus with $15,000/$20,000 Deposit at Discover Card:
We got bonus for AA and discover saving accounts. Are we good to close these accounts? Can we close and reapply again?
Thanks
You can close whenever, but this is a one time only bonus, so you can’t reapply and get it again. Considering there is no minimum balance requirement and it pays one of the highest rates out there, I’m not bothering to close my account.
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@meed18
Thanks for information. I have AAA and discover accounts. I guess, interest rate is going to be same for both type of accounts. Thinking of closing AAA account and keeping discover account.
