High-Yield Savings Account Comparison

Discover Bank vs. FVCbank

Compare rates, requirements, and features side-by-side to find the best option for you.

Analysis by Aviel Fahl
Updated January 16, 2026
Comparison of Discover Bank vs FVCbank savings accounts
Metric

Discover Bank

Online Savings Account

Jan 16, 2026

FVCbank

Advantage Direct Savings

Jan 21, 2026
APY3.30%3.85%
Est. Earnings
$5,000+$165
$10,000+$330
$25,000+$825
$5,000+$193
$10,000+$385
$25,000+$963
Min Deposit
$0$500

Snapshot view. Rates subject to change.

Terms
Discover Bank is part of Capital One and this account is not open to new customers.-
Features
FDIC InsuredNo MinimumsGreat iOS AppGreat Android AppZelle® Supported
FDIC InsuredLow MinimumsGreat iOS AppZelle® Supported

Market Reality Check

Both of these banks offer rates below the current top tier. The best rates we track are currently above 4.20% APY.

See Top Rates

Comparison Analysis

Comparing Discover Bank vs. FVCbank

Updated: Jan 16, 2026

As of Discover Bank offers an APY of 3.30% for its Online Savings Account, with a minimum balance of $0, compared to FVCbank's 3.85% APY for its Advantage Direct Savings account, with a minimum balance of $500.

FVCbank pays $55 more than Discover Bank on a $10,000 balance after one year. Discover Bank pays $330, while FVCbank pays $385 - an APY advantage for FVCbank.

Why Discover Bank?

  • Higher rated iOS app (4.9 vs 4.4)
  • Higher rated Android app (4.8 vs 3.6)

Why FVCbank?

  • Higher potential APY (3.85% vs 3.30%) on all balances

— Key Feature Differences —

Better Returns at $10,000
FVCbank

FVCbank's Advantage Direct Savings earns more on smaller deposits (approx. $385 vs $330/yr).

Better Returns at $25,000
FVCbank

FVCbank's Advantage Direct Savings pulls ahead with larger amounts (approx. $963 vs $825/yr).

Best for Simplicity
FVCbank

FVCbank's Advantage Direct Savings offers 3.85% APY with no bundling, direct deposit requirement or caps.

Best Mobile App Experience
Discover Bank

Discover Bank offers an iOS app rated 4.9 (vs. 4.4) and Android app rated 4.8 (vs. 3.6)

Shared Benefits

Both offer monthly maintenance-free account options Fast transfers via Zelle® Available Nationwide Available to New & Existing Customers
The Bottom Line on APY (Interest Only)

Over a 1-year period, FVCbank's Advantage Direct Savings pays $55 more interest on a $10,000 balance than Discover Bank's Online Savings Account.

*This calculation assumes current rates remain consistent for 1 year and does not include temporary bonuses.

Discover BankFVCbank

Executive Summary as of

FVCbank offers a competitive Advantage Direct Savings account with an APY of 3.85%, making it the top choice between the two banks. This account requires a minimum deposit of $500 but has no maintenance fees or direct deposit requirements, providing simplicity for savers. In contrast, Discover Bank's Online Savings Account has an APY of 3.30% and is currently not open to new customers. While Discover Bank boasts a strong mobile app experience, FVCbank's higher APY and straightforward terms make it the better option for those looking to maximize their savings.

The analysis is based on current Banksparency database records

* This content is provided for informational purposes only; always verify details with the provider.

Verify At
Discover Bank

Non-sponsored link to official site

Verify At
FVCbank

Non-sponsored link to official site

Top Market Contenders

American Express
3.30% APY
Synchrony Bank
3.65% APY

Discover Bank vs. FVCbank Savings Calculator

Calculations based on current APY for Online Savings Account and Advantage Direct Savings
$
$

You earn $55 more with FVCbank than Discover Bank on a $10,000 initial deposit for 1 year*.

*This calculation assumes that APYs remain unchanged for 1 year, and takes into account known promo rate periods, but does not factor in bonuses. You can see how often these banks have changed their rates in the Compare Savings Rates Over Time section below.

Discover Bank

Online Savings Account

3.30% APY

Savings Breakdown

  • Interest Earned
    +$330.00(3.2%)
  • Total Contributions
    $0
  • Initial Deposit
    $10,000

Projected Balance

$10,330.00

Effective APY
3.30%

FVCbank

Advantage Direct Savings

3.85% APY

Savings Breakdown

  • Interest Earned
    +$385.00(3.7%)
  • Total Contributions
    $0
  • Initial Deposit
    $10,000

Projected Balance

$10,385.00

Effective APY
3.85%

The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.

FeatureDiscover BankFVCbank
APY
3.30%
Verified: 1/16/2026
↘︎ 0.10%90d Change
3.85%
Verified: 1/21/2026
↘︎ 0.25%90d Change
Product NameOnline Savings AccountAdvantage Direct Savings
Minimum Deposit$0$500
Min. Balance for APY$0$500
Monthly Fee$0$0
Branch AccessNoneNone
Account Type
Online Only
Online Only
Direct Deposit Req.NoneNone
Checking BundleNoNo
Mobile Apps
iOS4.9
Android4.8
iOS4.4
Android3.6
Zelle® Support
Available
Limit: $600/dayStrict 90-day seasoning period for new accounts.
Available
Integrated into mobile app.
BBB RatingA+B-
Important NotesDiscover Bank is part of Capital One and this account is not open to new customers.-
Next Steps
Visit Site

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📈 Compare Savings Rates Over Time

Historical Performance

Last 10 Months Analysis
MetricDiscover BankFVCbank
Online Savings AccountAdvantage Direct Savings
Current APY
3.30%3.85%
Trend
Stable Stable
Velocity (bps/mo)
-3.4-8.4
Days Since Change
1381
10-Month High
3.70%4.55%
10-Month Low
3.30%3.85%
Adjustments / Mo
0.390.78
Volatility Score
0.0300.064
How to read these metrics(Click to expand)

Trends & Velocity

  • Trend: The general direction of the rate over the analyzed period. Useful for spotting if a bank is currently aggressive or pulling back.
  • Velocity (bps/mo): Speed of change. A high positive number means they raise rates quickly. 10 bps = 0.10%.
  • Adjustments/Mo: "Twitchiness." High frequency means the rate changes constantly; low frequency means it's stable.

Risk & Range

  • High/Low: The absolute ceiling and floor of the rate during the 308-day window.
  • Volatility Score: Lower is better for predictability. It indicates how wildly the rate swings relative to its average.
  • Days Since Change: If this number is high (e.g., >90), the rate is very sticky. If low, it changed recently.

More Comparisons

Compare Discover Bank's APY of 3.30% with other banks
Bank PairCompetitor APYMin Deposit
Discover Bank vs Affirm3.20%$0
Discover Bank vs Ally Bank3.30%$0
Discover Bank vs American Express3.30%$0
Discover Bank vs Axos Bank4.31%$0
Discover Bank vs Bank of America0.01%$100
Discover Bank vs Barclays4.00%$0
Discover Bank vs Bask Bank3.75%$0
Discover Bank vs Betterment3.25%$10
Discover Bank vs BMO Alto3.25%$0
Discover Bank vs Bread Savings4.00%$100
Discover Bank vs BrioDirect3.75%$5,000
Discover Bank vs Capital One3.30%$0
Discover Bank vs Carver Bank4.00%$5,000
Discover Bank vs Charles Schwab Bank0.15%$0
Discover Bank vs Chase Bank0.01%$0
Discover Bank vs Chime3.50%$0
Discover Bank vs CIT Bank3.75%$100
Discover Bank vs Citibank3.30%$0
Discover Bank vs Citizens Access™3.15%$0.01
Discover Bank vs Climate First Bank4.21%$50
Discover Bank vs Colorado Federal Savings Bank4.05%$50,000
Discover Bank vs E*TRADE from Morgan Stanley3.50%$0
Discover Bank vs Elevault3.82%$0
Discover Bank vs EverBank3.90%$0
Discover Bank vs Fitness Bank4.75%$100
Discover Bank vs FNBO Direct3.00%$1
Discover Bank vs Forbright Bank3.85%$0
Discover Bank vs GO2bank4.50%$0
Discover Bank vs Ivy Bank4.00%$2,500
Discover Bank vs Jenius Bank4.05%$0
Discover Bank vs LendingClub4.00%$0
Discover Bank vs Marcus by Goldman Sachs3.65%$0
Discover Bank vs MutualOne Bank4.07%$20,000
Discover Bank vs My Banking Direct4.02%$500
Discover Bank vs Neighbors Bank4.20%$0
Discover Bank vs Newtek Bank4.35%$0.01
Discover Bank vs Openbank4.20%$500
Discover Bank vs Peak Bank3.99%$100
Discover Bank vs Pibank4.60%$0
Discover Bank vs PNC3.30%$0
Discover Bank vs Popular Direct3.90%$100
Discover Bank vs Presidential Bank3.75%$5,000
Discover Bank vs Quontic Bank3.50%$100
Discover Bank vs Salem Five Direct3.61%$10
Discover Bank vs Sallie Mae Bank3.90%$0
Discover Bank vs Santander Bank0.01%$25
Discover Bank vs SoFi Bank4.00%$0
Discover Bank vs Synchrony Bank3.65%$0
Discover Bank vs TD Bank2.36%$0
Discover Bank vs TIMBR4.15%$1,000
Discover Bank vs UFB Direct3.46%$5000
Discover Bank vs Upgrade3.05%$0
Discover Bank vs Valley Direct4.00%$1,000
Discover Bank vs Varo Bank5.00%$0
Discover Bank vs Vio Bank4.09%$100
Discover Bank vs Wealthfront3.90%$0
Discover Bank vs Wells Fargo0.05%$25
Discover Bank vs Zynlo Bank3.85%$10
Compare FVCbank's APY of 3.85% with other banks
Bank PairCompetitor APYMin Deposit
FVCbank vs Affirm3.20%$0
FVCbank vs Ally Bank3.30%$0
FVCbank vs American Express3.30%$0
FVCbank vs Axos Bank4.31%$0
FVCbank vs Bank of America0.01%$100
FVCbank vs Barclays4.00%$0
FVCbank vs Bask Bank3.75%$0
FVCbank vs Betterment3.25%$10
FVCbank vs BMO Alto3.25%$0
FVCbank vs Bread Savings4.00%$100
FVCbank vs BrioDirect3.75%$5,000
FVCbank vs Capital One3.30%$0
FVCbank vs Carver Bank4.00%$5,000
FVCbank vs Charles Schwab Bank0.15%$0
FVCbank vs Chase Bank0.01%$0
FVCbank vs Chime3.50%$0
FVCbank vs CIT Bank3.75%$100
FVCbank vs Citibank3.30%$0
FVCbank vs Citizens Access™3.15%$0.01
FVCbank vs Climate First Bank4.21%$50
FVCbank vs Colorado Federal Savings Bank4.05%$50,000
FVCbank vs E*TRADE from Morgan Stanley3.50%$0
FVCbank vs Elevault3.82%$0
FVCbank vs EverBank3.90%$0
FVCbank vs Fitness Bank4.75%$100
FVCbank vs FNBO Direct3.00%$1
FVCbank vs Forbright Bank3.85%$0
FVCbank vs GO2bank4.50%$0
FVCbank vs Ivy Bank4.00%$2,500
FVCbank vs Jenius Bank4.05%$0
FVCbank vs LendingClub4.00%$0
FVCbank vs Marcus by Goldman Sachs3.65%$0
FVCbank vs MutualOne Bank4.07%$20,000
FVCbank vs My Banking Direct4.02%$500
FVCbank vs Neighbors Bank4.20%$0
FVCbank vs Newtek Bank4.35%$0.01
FVCbank vs Openbank4.20%$500
FVCbank vs Peak Bank3.99%$100
FVCbank vs Pibank4.60%$0
FVCbank vs PNC3.30%$0
FVCbank vs Popular Direct3.90%$100
FVCbank vs Presidential Bank3.75%$5,000
FVCbank vs Quontic Bank3.50%$100
FVCbank vs Salem Five Direct3.61%$10
FVCbank vs Sallie Mae Bank3.90%$0
FVCbank vs Santander Bank0.01%$25
FVCbank vs SoFi Bank4.00%$0
FVCbank vs Synchrony Bank3.65%$0
FVCbank vs TD Bank2.36%$0
FVCbank vs TIMBR4.15%$1,000
FVCbank vs UFB Direct3.46%$5000
FVCbank vs Upgrade3.05%$0
FVCbank vs Valley Direct4.00%$1,000
FVCbank vs Varo Bank5.00%$0
FVCbank vs Vio Bank4.09%$100
FVCbank vs Wealthfront3.90%$0
FVCbank vs Wells Fargo0.05%$25
FVCbank vs Zynlo Bank3.85%$10