Make Money Jot

Money Management Tips 

Every Monday is Money Management Tips Day.  I present money management tips for entrepreneurs, business people, and pretty much anyone to use.  Previous tips: Money Management with HSBC Direct Online Savings Account and Online Payment Account, 6 Steps and 3 Reasons to Measure Your Net Worth for Better Money Management, 3 New Reasons to Use Paypal - Monday Money Management Tips, and Convenient 5.05% (no time restrictions) for Those Who Want to Manage Money Better - Monday Money Management Tips.

Discover Card Programs

Discover Card, known for the get money back rewards, credit card program, has a lot more to offer than merely credit cards.  You can now use Discover for bank money market accounts, bank cash deposit (CD) accounts, and, of course, a rewards credit card.

Discover Card’s Rewards Credit Card

Discover Card has four credit card offers:

1. Discover More Card, which is the traditional rewards card for 5% cash back on select categories.
2. Discover Motiva Card, which offer 2 months interest back for on time payments.
3. Discover Open Road Card, which provides 5% cash back for gas and maintenance on your vehicle.
4. Miles by Discover Card, which rewards with airline miles.

Most people know about Discover Card and the quite good programs the company offers, but I don’t think that most know about the other programs from Discover.

Discover Bank’s Cash Deposit (CD) Accounts

1. Terms of 3 months to 5 years for CD Accounts.
2. Yields as high as 5.36% Annual Percentage Yield (APY).
3. Minimum initial balance deposit of $2,500.
4. Your money is FDIC insured.

Discover Bank’s Money Market Accounts

1. Access to your money through a debit card and checks.
2. Interest rates as high at 5.35% APY.
3. Minimum initial balance deposit of $2,500.
4. No long term commitment.

Discover Bank and Discover Card offer good programs for someone to management their money and earn good rates with an established, reputable bank.

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