If you liked this, check out my rewards debit card playlist! kzitem.info/door/PLN5ZUse7b1UZM-GpeYGlkGq7JA7EiceyF
@brandonfleming7118
2 жыл бұрын
I just joined Discover! I have a checking and a savings account with them! I'm just waiting on my debit card to arrive now.
@CalebBaleFinance
2 жыл бұрын
Excellent! You'll have to let me know how you like it, Brandon. And thanks so much for the support!
@exclusivekiki
2 жыл бұрын
can you change the debit card desing or is that only for credit cards?
@denker2959
10 ай бұрын
How has it been so far?
@gwbikerchick
Жыл бұрын
Should note the Zelle feature works only after 90 days of the open account. its not immediately
@CalebBaleFinance
Жыл бұрын
That is very good to know because I had no idea. Thanks!
@Godx_Junior
Жыл бұрын
If I where to pay another credit card with the discover cash back debit card would I get cash back from paying off another credit card?
@CalebBaleFinance
Жыл бұрын
I haven't any idea honestly. It depends on how they qualify the transaction I would bet.
@No_Fap_Hey_Zeus
10 ай бұрын
Update?
@eltigre5469
2 жыл бұрын
Very good account IF you’re using debit card as your main spend. A good solid company too. As for their credit cards, you don’t acquire debt, YOU choose that road.
@CalebBaleFinance
2 жыл бұрын
I agree. And you're absolutely right, debt is a choice and I don't think enough people understand that.
@KelG
2 жыл бұрын
I grew tired of TD bank so I’m switching to discover. TD Bank has some pros (branches, certified checks) but after looking at their savings account options, I hate the idea of giving them $6 a month to maintain my account. It’s happened before and I couldn’t do it again. Discover seems pretty good. The only thing I’m weary of is going to an ATM because of card skimmers and the $510 daily withdrawal limit. Luckily, Zelle is available so I can send money to my husband in case I need extra cash. At TD, there is a fee to buy checks, and with Discover I just got 100 free checks plus free shipping. I hope Discover opens a branch eventually. If they do, I will completely close my TD account and gladly do business with them. This was a good and informative video. Thank you.
@CalebBaleFinance
2 жыл бұрын
This is the kind of thing that I think is going to cause larger banks to start changing the kinds of services they offer. Because that's quite a fee JUST to maintain the account. I certainly understand the concern about the skimmers. Zelle makes it so easy to transfer without any issues! I really appreciate you stopping by and contributing. Let me know how you end up liking Discover, Kellee!
@queenreg7
Жыл бұрын
There is one brick and mortar branch-it is in Greenwood,Delaware.
@damiennezar3613
2 жыл бұрын
Great video! Im very in between cards here. The ATM accessibility is a plus for me as my university is a bit secluded from bigger banks. Am I able to use this card to invest money through apps?
@CalebBaleFinance
2 жыл бұрын
Sure thing, Damien! Yes, the ATM access is nice. I also like the point card because it gives you the ability to withdraw cash from any ATM twice a month. That also might be a good option for you with the secluded university. I actually did a comparison on these two debit cards here if you're interested: kzitem.info/news/bejne/o4NjuH1nn4yreJg Are you asking if you can invest through the Discover app or if you can pay to invest in other apps using the Discover debit card?
@damiennezar3613
2 жыл бұрын
@@CalebBaleFinance Thanks for the reply,. I want to have an emergency funds to so in a savings account, can I do that too whilst having a debit card for more daily use? The investing question shas to do with investing with the card but through other apps where I can buy etfs for eg.
@CalebBaleFinance
2 жыл бұрын
@@damiennezar3613 Sure thing, Damien. Ah, I see what you mean. So Discover is probably the way you want to go then because you can have a savings account and a checking account linked and it's very easy to move money between the two. As for the investing, I'm sure you can use the card for investing but it's mostly going to depend on the other platform and if they accept debit cards for funding their accounts. Keep in mind a lot of them will charge a fee for using the card vs just doing a normal transfer. Hope that helps!
@nguyendang4620
2 жыл бұрын
Just wanted to ask can you add cash to this card like at 7-11
@CalebBaleFinance
2 жыл бұрын
I don't believe you can. I think it's an ATM only thing but I may have to check for you.
@Bryce-qh9rt
Ай бұрын
Only at Walmart
@Manacherae23
2 жыл бұрын
Interest is at .60% APY now! Even better! I just opened an account. I've had a Discover credit card for a while. So I like em.
@CalebBaleFinance
2 жыл бұрын
I know, it's doing much better! I'm actually going to announce how Current is now offering 4% on up to $6k of savings (I think it's $6k but I have to check again). Pretty insane and great for the savers. Thanks for commenting Kiara!
@melissa-ov6qv
2 жыл бұрын
this may be a stupid question, but can someone explain what a high yield savings account is? i assume its just a savings account where your money grows overtime? i don't know the much about banks and finances, hence why im watching this lmao.
@CalebBaleFinance
2 жыл бұрын
Hey Melissa! No worries at all. A high yield savings account (HYSA) is just an account that has a higher interest rate for your money than a normal savings account. Like I used to have a Chase savings account that had a 0.01% which is a HORRIBLE rate. The Discover savings account (last I checked) was 0.4%. It doesn't keep up with inflation, but having a HYSA certainly helps keep your money growing at least a little bit! Hope this helps and let me know if you have any other questions!
@melissa-ov6qv
2 жыл бұрын
@@CalebBaleFinance thank you so much! i understand a lot better now. great video as well, it was so helpful and to the point!
@CalebBaleFinance
2 жыл бұрын
Excellent, I'm glad I could help!
@BudgetsWithBess
3 жыл бұрын
Really interesting, thank you for sharing.
@CalebBaleFinance
3 жыл бұрын
Absolutely, and thank you for giving it a watch, Bess!
@raptor4239
2 жыл бұрын
can you use cash app with this? and how do you put money on it if you have no job?
@CalebBaleFinance
2 жыл бұрын
As far as I know, you can only use Cashapp by transferring money to Cashapp. As for this, you can put money into a discover account by depositing checks from your phone as well as by transferring money from another bank or setting up direct deposit if you get a job. Hope that helps!
@iphoneart9
Ай бұрын
@@CalebBaleFinanceto add on to this question, do they charge you if you transfer money from a different bank account? im contemplating getting this card, i can’t risk getting a card with fees 🙂↕️
@excruciatorFOUR
Жыл бұрын
How long does it take for the cashback to appear in my account? I've been using the debit card to pay for Starbucks but my cashback is still 0.
@CalebBaleFinance
Жыл бұрын
So I believe that it adds all the cashback for the month at the end of the month. Have you been using it longer than a month?
@excruciatorFOUR
Жыл бұрын
@@CalebBaleFinance No. It's a new card.
@CalebBaleFinance
Жыл бұрын
Ah okay so just give it to the end of the month or the beginning of next month. It should update with the cashback then
@CaptainGunSkill
9 ай бұрын
It sucks they got rid of that card design I had that one but I needed a replacement and they sent this blue one :(
@CalebBaleFinance
9 ай бұрын
Yeah definitely a bummer because I liked this design!
@WealthBuildersInvest
3 жыл бұрын
Is this your favorite card?
@CalebBaleFinance
3 жыл бұрын
Close but probably not. I'm a big fan of that Point Card and I'm going to do a comparison video between that one and this one since they are both very similar in many ways. But this is a great one for sure!
@wolfdeathseal5624
2 жыл бұрын
do you think discover casback debit is good for my first bank account ever?
@CalebBaleFinance
2 жыл бұрын
I do think it would be a great first bank account!
@wolfdeathseal5624
2 жыл бұрын
@@CalebBaleFinance ok thank you
@THALYRIKALONE
Ай бұрын
Why does it take 2 weeks for your ach bank transfer to reflect on your account? Are they collecting interest off your money for these 2 weeks?? hmmmmm…🧐
@CalebBaleFinance
Ай бұрын
I have no idea! What I will say is it seems like it depends on the account that money is being transferred to or from. Most of the time I don't have issues with Discover's transaction speed, so I bet it's mostly the other bank that's the issue
@tehpandehwub5177
2 жыл бұрын
do you know if they still offer that card design?
@CalebBaleFinance
2 жыл бұрын
I think they changed card designs unfortunately! I liked this design to be honest
@luischavez9661
2 жыл бұрын
Can I pay credit card bills and get cash back?
@CalebBaleFinance
2 жыл бұрын
Honestly, I'm not sure. I would guess that it's dependent on the credit card company on whether or not they allow you to pay it off with a debit card. Let me know if you find out, Luis! Thanks for the question!
@Bluegreenred
10 ай бұрын
@@CalebBaleFinance it always works for me zero problems.
@Maarriijaay
8 ай бұрын
Is it considered a Mastercard, visa? Can use at hotels , car rentals?
@CalebBaleFinance
8 ай бұрын
Nope! Discover is a different network than Mastercard or visa. It's accepted almost everywhere. In terms of hotels or car rentals, it's entirely dependent on if the company accepts discover or not.
@NatePolmateer
3 жыл бұрын
10 cents per transaction LOL so random. Buy a car for 2500.00 10 cents, buy a coffee 10 cents. Also hit the like button, first one...haha
@CalebBaleFinance
3 жыл бұрын
Yeah, isn't it? If you make a lot of small purchases, it's not a bad rate lol. Thanks for the like and the watch, Nate!
@NatePolmateer
3 жыл бұрын
@@CalebBaleFinance really enjoy your content Caleb super under rated tuber right here! Keep up the good work!
@Lil-dn3uv
Жыл бұрын
How do I order a debit card?
@CalebBaleFinance
Жыл бұрын
After you sign up, Discover should send it directly to your address. Sorry for the slow response. We just got back from vacation where we had almost no connection!
@WealthBuildersInvest
3 жыл бұрын
I missed the notif! Watching now!
@CalebBaleFinance
3 жыл бұрын
Yeah I didn't get notifications that you commented either!
@WealthBuildersInvest
3 жыл бұрын
@@CalebBaleFinance weird!
@RIZO06
2 жыл бұрын
Would I get points if I use this for my mortgage?
@CalebBaleFinance
2 жыл бұрын
I think it’ll likely depend more on your mortgage company as to whether they accept debit payments and if they charge a fee for it. However, I don’t know if discover would accept a mortgage payment as an eligible expense for cashback!
@EmilynRodriguez-px4ng
10 ай бұрын
Thank you so much for sharing 👌🏽
@CalebBaleFinance
10 ай бұрын
My pleasure!
@logi_bear3421
2 жыл бұрын
Just opened mine waiting for my card more than likely gunna close my wells fargo account
@CalebBaleFinance
2 жыл бұрын
I have no experience with Wells Fargo but I will say Discover has been a very smooth experience. Hope you like it, Logan!
@logi_bear3421
2 жыл бұрын
@@CalebBaleFinance wf is ok pretty old school tho monthly maintenance fees etc
@CalebBaleFinance
2 жыл бұрын
Ooo dang, those monthly maintenance fees are no good.
@logi_bear3421
2 жыл бұрын
@@CalebBaleFinance and over draft fees charge for checks among others
@logi_bear3421
2 жыл бұрын
I like the online protection thing on discover
@ericd4330
2 жыл бұрын
How about if you don't have a discover savings account? How does overdraft work? To deposit money into your discover checking account so you won't have a negative balance.
@CalebBaleFinance
2 жыл бұрын
Hey Eric! Thanks so much for the question! The answer is, debit purchases aren't actually covered by overdraft protection and I didn't know that until today. So when I talked to Discover about it, they said that if there aren't sufficient funds in the checking account when a debit purchase is made, the transaction will just be declined. Hope that helps and thanks for dropping in!
@CalebBaleFinance
2 жыл бұрын
Also, this is additionally what Discover told me when I chatted with them. More specifically about transactions that are not debit. "If an ACH Payment/Transaction makes your balance negative and you do not have a savings account with us for Overdraft Protection, you will have until 11 AM on the following business day to correct the balance before it is returned. We do not charge insufficient funds fees or returned payment fees!" Again, hope this helps, Eric!
@ericd4330
2 жыл бұрын
@@CalebBaleFinance Thanks for the info! Your very helpful. I think I might go with this card because of the rewards. I primarily use debit with all my purchases. I don't like having checking and saving account together. With my Wells Fargo I can easily transfer money from savings to checking. It makes me spend it. Ever since I got an Ally savings account by itself. I've never moved money out of there.
@CalebBaleFinance
2 жыл бұрын
For sure! Hey, that's wise if you know know your tendencies. If you like using your debit card for most purchases, you might also be interested in the Point card which I personally use every day. It does have a cost to it but it pays for itself and has a number more benefits than the discover card including unlimited 1% back (Discover is limited to 1% on first $3000 per month). Both are excellent and I did a comparison video if you are interested! They both have their pros and cons for sure. Just depends on what you personally need for your finances. Here's the comparison video link: kzitem.info/news/bejne/o4NjuH1nn4yreJg
@ericd4330
2 жыл бұрын
@@CalebBaleFinance Thanks for the info! Just watched your video. Discover is good enough for me. I limit my spending every month. I know I won't go over $3,000. Lol
@jesusperez2694
10 ай бұрын
Speak brotha
@CalebBaleFinance
9 ай бұрын
Cheers!
@WealthBuildersInvest
3 жыл бұрын
I actually might get this card
@CalebBaleFinance
3 жыл бұрын
Do it bro!
@kanii8904
2 жыл бұрын
How I do order the card
@CalebBaleFinance
2 жыл бұрын
Just go to discover.com/checking and sign up there.
@ivymetro
2 жыл бұрын
Just joined Discover CashBack Debit can’t wait until my card!
@CalebBaleFinance
2 жыл бұрын
It’s a great one and I’m so glad you decided to get one! Thanks so much for dropping by!
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