Posted by William Charles on June 18, 2017
Bank Account Bonuses

Published on June 18th, 2017 | by William Charles


Discover AAA $100 Savings Bonus With $15,000 Deposit

Note: This is the same bonus as Discover offers directly. According to the fine print there is nothing excluding you from getting this bonus before unless you’ve previously been an AAA savings customer. In the offer at a glance section we have linked to Discover savings data points as I believe they will be the same. It also doesn’t look like AAA membership is actually a requirement (update: there is a field for your AAA membership information during the application. You can proceed if you leave them blank and AAA membership isn’t listed as a requirement for the bonus).

Offer at a glance

  • Maximum bonus amount: $100
  • Availability: Nationwide
  • Direct deposit required: None
  • Additional requirements: Deposit $15,000
  • APY: 1.10%
  • Initial Deposit: None
  • Hard/soft pull: Soft
  • ChexSystemsChecking does have Chex inquiry
  • Credit card funding: None
  • Monthly fees: None
  • Early account termination fee: None mentioned
  • Expiration date: June 30th, 2017
  • Insured: FDIC

The Offer

Direct link to offer

  • Discover’s AAA branded savings account is opening a bonus of $100 when you meet the following requirements:
    • Enter offer code AAA100
    • Deposit at least $15,000 by 7/14/17

The Fine Print

  • Apply for your first AAA Online Savings Account from Discover Bank (OSA) by 6/30/17.
  • Enter Offer Code AAA100 when applying.
  • Deposit at least $15,000 by 7/14/17.
  • Offer not valid for existing or prior AAA savings customers.
  • Account must be open when bonus is credited.
  • Bonus will be credited to the account by 7/28/17.
  • Bonus is considered interest and will be reported on IRS Form 1099-INT.
  • Offer may be modified/withdrawn without notice.
  • All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

Avoiding Fees

There are no fees to with this account.

AAA Discover does not have any minimum balance requirement, and you can withdraw all the funds after opening the account and fulfilling the $15,000 deposit requirement.

Early Termination Fee

There’s no mention of a fee for closing the account at any time. Note that you need to leave the account open until 7/28/17 or whenever the bonus posts.

Our Verdict

This is good for people that have already done the Discover savings $100 bonus. The best part of this bonus is that there is no minimum deposit requirement length so you can just deposit $15,000 and then immediately withdraw it. In the past bonus has posted around 5-15 days after the $15,000 requirement has been met. The 1.1% APY rate is also competitive, but it isn’t the best rate currently available. We will be adding this to our list of the best savings account sign up bonuses.

Hat tip to reader David B

Useful posts regarding bank bonuses:

63 Responses to Discover AAA $100 Savings Bonus With $15,000 Deposit

  1. Bob says:

    When I saw the small picture on the main page, it cut the “1.” part and I thought the APY is 10%, I was like gonna jump on it right away had the APY been 10% lol

  2. Mark says:

    I have an existing regular savings account. This should not prevent me from getting bonus on this AAA savings account, right?

  3. Pam says:

    I just open the online saving 4 days ago and have not even gotten the bonus yet. Will it be o.k. to do this one as well?

  4. Bub says:

    I am confused. The ‘Our Verdict’ Texan mentions 10000. This matches the picture which indicates 10%. Elsewhere 15,000 is mentioned.

  5. Iz says:

    Please post DPs if you do or do or don’t get the bonus, if you already had/have the regular savings account. Thanks!

    • AM says:

      Yes, that’s something I’d like to know, too. Ideally I’d open this one, get the bonus, and transfer to the Discover one to get that one, too.

  6. Joe says:

    Can I do this as well as the linked Discover 100$ savings bonus?

    • Chuck says:

      The gist of this post is you can get this bonus besides that one since it’s going through a separate affiliate.

      • Joe says:

        Thanks! Just did both today — making use of the 30k$ I had lying around. Hoping I’ll get the bonus with no hiccups. Lets see.

        • Master Allan says:

          Update if you can later, same situation for me. Reading user data points before posting I learned my former Discover account along with it’s Chex inquiry must have been their checking product. Like you, that suggests I’m still eligible for Discover’s savings account bonus never having it before. I plan to open this AAA first and hope you have positive results for me to follow.

        • Gibunono says:

          According to the post, “It also doesn’t look like AAA membership is actually a requirement.”

          Did you actually input any AAA number somewhere?

        • Nick says:

          Send $15K when it becomes available
          to CIT for 3 months. $125 + 1.15% is an excellent short term return.

  7. Vance says:

    If you do this, it is important to distinguish between your AAA membership number and what is your AAA club number as the application asks for both. The membership number ISN’T the entire number that is printed on the membership card. This link shows the difference:

    Also, I know this sounds stupid but when you input AAA100 don’t forget to click the APPLY button to apply the code to your application.

  8. Vance says:

    fuck you, doc

  9. eclipsor says:

    any idea if the 15k has to be one initial deposit? or can I do like 7.5k once transfer it out and then back in

    • lingua says:

      I think the terms aren’t very specific to answer this with any certainty, though my safe interpretation of this is that 15k needs to be sitting in the account at some one point.

      I’m liking that there are no time reqs on that funding so I can deposit and pull out right way – to Santander and right back to Insight:)

      • Vijay says:

        anyone knows whether the $15k can be transferred in to new AAA Discover Savings account from existing Discover Checking or existing Discover Savings account? Will that count as eligible deposit eventhough its a transfer between Discover acccounts?

  10. Mark says:

    The application asks for the AAA membership ID and Club code. So you do need to have an AAA membership.

    • Thanks, what if you leave them blank? Updated post

      • Joe says:

        I just left them blank and could proceed. The conditions necessary for offer don’t state requirement of AAA membership — though not sure if the requirement is baked into account itself directly somehow. I do see my account is all set up though, so we’ll see.

  11. Roberto says:

    A few DP’s I didn’t see mentioned that may help others:
    1. Cannot fund with cc/debit/gift card
    2. Offer code is inputted in the “Account Funding” step (I thought I had missed it). As other reader mentions, be sure to click APPLY

    My account opened immediately and showed up in my Discover profile, along with my regular Discover Savings account.

    Had a AAA membership.

    Took 5 mins total, thanks DoC! Was in a bank bonus dry spell, glad to be out of it 🙂

  12. Superchurn says:

    Any DP on $5k, withdraw, $5k, withdraw, $5k?

    I’d like to squeeze this one, but my cash is tied up in 2 PNC accounts right now

  13. Frito Pendejo says:

    Has anybody successfully got the $100 AAA after already getting the $100 regular savings bonus?

  14. Dean says:

    Be careful about the marketing small print, and don’t input your AAA number.

    Per Discovery’s privacy notice: *If you have a co-brand/affinity account with us, we may share information about you with our co-brand/affinity partners in connection with maintaining and servicing your account including for that partner to market to you. Federal law does not give you the right to limit this sharing.

  15. hady says:

    I called the customer service no. given in the link. I asked that I am existing discover savings customer, am I eligible for this AAA offer? CRP put me on hold to ask supervisor & confirmed that I am eligible, since this will be my 1st a/c under AAA savings. Then CRP opened my new AAA savings a/c & transferred the funds from old discover savings a/c to newly opened AAA savings a/c. I was given assurance that by doing so I will be eligible.

    Waiting for 28th July, to post bonus in my new a/c. Have taken information of CRP, in case of any problem. Normally discover is easy going with bonus, so hopefully will get bonus on right time…….

  16. NBG says:

    Can i open both the AAA savings and the regular discover savings at the same time and get both the bonus?.

  17. Sergey says:

    Can you really transfer $15000 from a recently opened Discover savings account to a new AAA account and qualify for the AAA bonus?

  18. Jay says:

    I was told on the phone that if you have an existing Discover savings account you will NOT get the bonus.

    • Doc_Liker says:

      Does that mean, we can close the existing savings account and wait for a day to open this new AAA savings account, and we’ll be eligible?

    • Klad says:

      I was also told the same thing that I will not be eligible for receiving another bonus if I already hold a savings account. But I called the Discover customer care at 800-347-7000. I will give it a try by calling at the number given in the link.

    • Klad says:

      Called the number in the link 1 (800) 206-4960 and was told the same thing.. CSR told me although it’s under a different program (AAA) it’s still managed by same bank. So if I already have a savings account, I will be able to open the account but will not be eligible for bonus.

  19. MoreSun says:

    I fully expect to get the bonus even though I have a Discover Savings Acct. In my Discover profile this account is called by Discover “AAA ONLINE Savings” and my other account is “DP Online Savings”. In the fine print the bonus states “AAA Online Savings account” over and over each time the bonus qualification information is displayed, it says nothing about Discover savings accounts.

    • Klad says:

      Agreed.. despite of what CSR told me I will go ahead and open the account and hopefully we all will receive the bonus.

  20. Eric says:

    I opened a Discover AAA savings account and funded it with my existing Discover Savings (which I got the $100 bonus for). Will update when/if I get a bonus for my new AAA account.

  21. AndyK says:

    So get a load of this… I already have a Discover Savings Acct with umpteen thousands in it and just did the AAA application. At the end it said to call in and get this… they want me to mail in security documents; drivers license, proof of address etc…. can you believe these idiots? I was like you see my Savings Acct right and gave them the exact balance and they were like yup, we don’t care. What the heck?

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