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Discover Makes All Deposit Accounts Fee-Free

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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.”. Users can simply tap their cards at card readers instead of having to swipe or insert them. Earlier this year , Discover announced it was going to make all deposit accounts fee-free.

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Why Libraries Are Giving Up On Late Fees

PYMNTS

Over the summer, Discover captured a lot of headlines and attention with the announcement that it was dropping the fees on all of its deposit accounts – including fees for insufficient funds and excessive withdrawals, as well as penalties for falling below minimum balances and making stop-payment requests.