The Investors Centre is a financial services company with an emphasis on credit card and banking products. In addition to offering savings and checking accounts, the company provides mortgage refinance solutions, home equity loans, personal loans and cash advances.

The company also offers a high-yield savings account with an APY of more than 4% without charging a monthly fee or requiring a minimum opening deposit. The interest on this account compounds daily and is paid out monthly. It’s a great option for those who need to save large sums of money that they don’t expect to need for a while, such as for a home down payment or other big purchase.

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Another notable aspect of the company’s savings options is that it doesn’t charge any monthly service fees, insufficient funds fees or account closure fees. This is a big deal, as these types of charges can quickly eat away at a small balance. Additionally, there are no recurring fees for official bank checks or expedited delivery on replacement debit cards.

Discover Bank offers a wide range of savings and investment products, including online savings accounts and CDs. Its savings account is ideal for those who want a competitive APY with no associated fees, and it has an ATM card. Its CDs, meanwhile, offer yields well above national averages and feature terms from three months to 10 years, allowing consumers to save for both short- and long-term goals.