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Discover Makes All Deposit Accounts Fee-Free

PYMNTS

Discover Financial Services said Monday morning (June 17 th ) that it has ended fees on deposit accounts. Fees also falling by the wayside include penalties for falling below minimum balances and stop-payment requests. Discover banking customers also have access to 60,000 fee-free ATMs across the country.

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Discover To Start Phased Contactless Launch

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“By leveraging the latest payment technologies, we are able to provide more convenient payment experiences for our cardmembers.”. Earlier this year , Discover announced it was going to make all deposit accounts fee-free. Penalty fees were also removed for falling below minimum balances and making stop-payment requests.