The offer:
https://www.discover.com/online-banking/savings-account/
Overview:
Discover Bank offers 0.95% on deposit savings account with minimum deposit balance of $500. For $5,000 that's almost $50 yearly. Much more than the rest of the banks. To add a cherry on top, they give you $100 if you deposited $15,000 or more.
Pros:
Highest interest paid to savers on the market today.
$100 bonus for the heavy savers.
Easy to set up.
6 withdraw transactions for free a month (Bank check is not considered a withdraw transaction)
No hidden fees.
Cons:
If you need the money, this one isn't for you.
If you don't bank with Discover the account might feel lonely...
Bottom line:
I think it's a great offer, and I sure did take it.
The "HERO" smartcoin has its stable value increased by 5% a year. It's not a bank but a cryptocurrency, no need to trust anyone. Every coin is provably backed by 200% of its value on the Bitshares blockchain. Who can beat that ?
Here is the official website, they plan on doing much more than just a coin.
billionherocampaign.com
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
@glitterfart I agree with you! No one can beat cryptocurrency upside, and this crypto you mention together with smartcash and others, offer a good monthly percentage when just staking. Thanks for sharing about this one. upvoted your comment. @gold84
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Guys, this is a SAVINGS account, not an investment.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
HERO is a saving account, not an investment ;)
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
@glitterfart please ?
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
For Crypto community 1% is nothing :)
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Personally I would rather own bitcoin :)
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
It's not a contradiction....
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Hi @frugal-not-cheap! You have just received 0.1 SBD tip from @frugal-not-cheap!
@tipU - send tips by writing tip! in the comment, get share of the service profit :)
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
@bellyrubbank give you 45% APR , 20 SBD minimum.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Such a good deal with Discover
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
One of the best...
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Good post but I don't think that it's a great offer.
Annual inflation is usually between 1% to 2%. For the next couple years, it will probably be even higher. With 0.93%, you are actually losing money.
If you plan on using this as your main savings account, and invest your money somewhere else, you are much better off somewhere else.
If you want to open a savings account solely to dump money in there and leave it, you should spend it on mutuals, stocks, even just inflation protected bonds.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Doesn't sound like a terrible idea for some people
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I think their online saving account translates into a 1.20% APY and requires no minimum deposit or monthly maintenance, which is great. That said, other things I'd consider is that they have only 1 physical branch (though there are 60k surcharge free ATMs), and may not be for people who have a need to transact in a physical branch and their $15 withdrawal fee for > 6 transactions is a little pricey.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
The withdrawal fee is technically not their fault. You have to love US banking laws...
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
yeah but it generally ranges between $3-$15 for most banks, so towards the high end of the range.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
It's not a checking account. So you need not really transact on a daily basis. Thus you not need a physical branch as well. Also, 0.95% is 1% APY.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
However, mobile one could be, there will always be a reason to visit a physical branch. In a study conducted by big banks, 90% of people prefer to visit bank branches to conduct financial transactions (purchase certified checks, get docs notarized, convert bills, changes etc) and more importantly learn and understand about other financial products. And not to deny the benefit it brings to certain sections of the society (e.g. Seniors), who are not as comfortable with mobile banking. Also the APY is 1.20% and not 0.95%. Thanks
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
This post received a 4% upvote from @morwhale team thanks to @frugal-not-cheap! For more information, click here! , TeamMorocco! .
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
@frugal-not-cheap nice one back then but currently, holding a $500 worth in a good coin can make one very rich in a year. even powering it up in steem one can earn good returns in a year delegating it as steem power. good enough decentralized cryptos are exposing reap offs from banks now. imagine, $100 for a 15K deposit! with 15K spot buy and sell of crypto, one can make huge returns every hour.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Holding money in a coin can make you rich or poor. This is a SAVINGS account. It supposed to keep you about the same way before you opened it.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
sure. savings account are good but better to trade and keep it with banks. and yes, one can be rich or loose all money in coins but for banks, one can be stagnant or loose all as some banks do go under. good enough most US banks were rescued during the depression period if not...
thanks anyways for sharing and hey, btc got above $9k today. posted on same, check it out!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
82.61% @pushup from @frugal-not-cheap
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
@OriginalWorks
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
The @OriginalWorks bot has determined this post by @frugal-not-cheap to be original material and upvoted(1.5%) it!
To call @OriginalWorks, simply reply to any post with @originalworks or !originalworks in your message!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
This post has received a 100.00 % upvote from @msp-bidbot thanks to: @frugal-not-cheap. Thank you for using msp-bidbot. Be sure to vote for witnesses at https://steemit.com/~witnesses.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Resteemed by @resteembot! Good Luck!
Curious?
The @resteembot's introduction post
The @reblogger's introduction post
Get more from @resteembot with the #resteembotsentme initiative
Check out the great posts I already resteemed.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
@tipu tip!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
This post has received a 6.15 % upvote from @aksdwi thanks to: @frugal-not-cheap.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
This wonderful post has received a bellyrub 2.05 % upvote from @bellyrub. Please make sure to vote for my pops as a witness @zeartul,Here
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
This post has received a 64.71 % upvote from @sneaky-ninja thanks to: @frugal-not-cheap.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Why do banks? do steemit!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
This post has received a 9.47 % upvote from @boomerang thanks to: @frugal-not-cheap
@boomerang distributes 100% of the SBD and up to 80% of the Curation Rewards to STEEM POWER Delegators. If you want to bid for votes or want to delegate SP please read the @boomerang whitepaper.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Congratulations @frugal-not-cheap!
Your post was mentioned in the hit parade in the following category:
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
This post has received a 47.51 % upvote from @buildawhale thanks to: @frugal-not-cheap. Send at least 1 SBD to @buildawhale with a post link in the memo field for a portion of the next vote.
To support our daily curation initiative, please vote on my owner, @themarkymark, as a Steem Witness
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Hi, I RESteem your post on my feed with my follower... Best Regards
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
This post has received gratitude of 22.00 % from @appreciator thanks to: @frugal-not-cheap.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Congratulations @frugal-not-cheap! You have completed some achievement on Steemit and have been rewarded with new badge(s) :
Click on any badge to view your own Board of Honor on SteemitBoard.
For more information about SteemitBoard, click here
If you no longer want to receive notifications, reply to this comment with the word
STOPDownvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Yes, lovely. Interest and debt are the stuff civilizations are made of. 1% is a fair return for giving my bankers full control of your value.
Best of luck, my son. Keep up the good work!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I would probably rather buy some crypto or invest the money somewhere else. Sure it is better tha most of banks, but still there are lot of ways to invest your money.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Savings is not an investment.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
This post has received a 20.59 % upvote from
thanks to: @frugal-not-cheap.
For more information, click here!!!!
The Minnowhelper team is still looking for investors (Minimum 10 SP), if you are interested in this, read the conditions of how to invest click here!!!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
This post has received a 0.39 % upvote from @drotto thanks to: @frugal-not-cheap.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Great information on the payment of annual translates into a 1.20% APY and the possibility of withdrawal from the account.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Apologies for late in response. The bot has not been fully functional until now.
Please send a new link with 0.001 and we will do the needful.
Thank you.
@flamingbot
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Congratulations @frugal-not-cheap! You have received a personal award!
Click on the badge to view your Board of Honor.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Congratulations @frugal-not-cheap! You received a personal award!
You can view your badges on your Steem Board and compare to others on the Steem Ranking
Vote for @Steemitboard as a witness to get one more award and increased upvotes!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit