Deposit Programs

Discover Deposit Program: Member Communication 

As of November 26, 2024, the Discover Deposit program will no longer be offered through AAA. 

 

What This Change Means for Your Current Account(s): 

 

  • If you have a AAA Certificate of Deposit (CD) (non-IRA or IRA), the interest rate, including the AAA member benefit, will not change during the current term of your CD. If your CD matures on or after January 7, 2025, and you choose to renew it, you will receive Discover’s rates, published at discoverbank.com
  • For Online Savings and Money Market accounts, Discover will continue to honor your AAA membership rate benefit of 0.05% above Discover’s advertised Annual Percentage Yield (APY) published online at discoverbank.com at Discover's discretion which is subject to change per Discover Bank.
  • The AAA website will be discontinued as of November 26, 2024; however, you can still access your accounts through discoverbank.com or the Discover Mobile App.
  • The AAA customer service number will be discontinued as of December 31, 2024. For questions or concerns regarding your account after that date, please call 1-800-347-7000.
  • Statements and accounts will be branded Discover and no longer have AAA logos. The account name will be referred to as “Member” and no longer as “AAA.” 

 

Coming Soon! 

We will be announcing our new deposits/banking partner soon. If you are interested in learning more or opening a new account with great member benefits, please fill out this form, and we will provide you with an update on the new program when it’s ready.