discovery bank

  1. Jan

    Banks reveal Black Friday spending stats, including a commercial client that dropped R1.88 million

    South Africa's biggest Black Friday spenders — including a R1.88-million purchase Black Friday 2022 again saw single transactions worth hundreds of thousands of rands in South Africa, while at least two customers spent over a million rand in total on the day. Physical retailers and online...
  2. Jan

    Stand-alone credit card account comparison for South African banks

    Best credit card deals from South African banks Many of South Africa's major banks offer entry-level credit cards with minimal monthly fees that can help young consumers start building a good credit score. These cards often also come with some added value in the form of membership to banks'...
  3. Jan

    E-Home Affairs bank branches as of November 2022

    Bank branches where you can get your passport and smart ID — with more to come The number of bank branches offering passport and smart ID renewals in South Africa has reached 27, with the Department of Home Affairs (DHA) revealing that it is currently testing a ninth Standard Bank branch at...
  4. Jan

    Digital bank app rating and transaction fee comparison

    TymeBank beats Discovery and Bank Zero in digital bank comparison South Africans have three banks to choose from that don't require visiting a branch to open an account or perform a variety of everyday transactions — Bank Zero, Discovery Bank, and TymeBank. MyBroadband compared these banks'...
  5. Jan

    South African bank app ratings vs Hellopeter reviews compared

    Online banking comparison — App store reviews put Discovery Bank on top Discovery Bank has the online banking platform with the most positive app store reviews in South Africa, an analysis of the scores on Google Play and the Apple App Store shows. The bank received an aggregate score of 4.8...
  6. Jan

    Discovery posts R5.48 billion profit, with R990 million loss for Discovery Bank

    Discovery Bank makes R990 million loss Discovery Bank suffered a loss of R990 million in Discovery Limited's past financial year, according to the group's results for the year ending June 2022. The loss comes despite the bank nearing the 500,000-600,000 clients it previously said it needed to...
  7. T

    Warning on discovery/vitality travel

    I booked a domestic return flight through vitality travel with safair to make use of the bank suite discount. I paid the extra price to be able to adjust/refund them due to things changing given it was a work trip plus checking in 2 bags. Within 8 hours I need to change the flights and proceed...
  8. Jan

    Banks in South Africa with the most tap-to-pay service options

    Smartphone tap payments in South Africa — these are the banks with the most options Most South African banks now support all major digital wallets that let you transact by tapping your smartphone or smartwatch at a contactless-enabled paypoint. Apple Pay, Garmin Pay, Google Pay, Fitbit Pay...
  9. Jan

    Banks weigh in on Google Wallet launch in South Africa

    Goodbye cash wallet, hello Google Wallet Google Wallet with Google Pay launched in South Africa with support for cards from most major banks on Tuesday, providing a new way to tap and pay for the country's numerous Android smartphone users. To date, South Africans have only been able to use...
  10. Jan

    Google Wallet with Google Pay contactless payments launched in South Africa

    Google Pay launched in South Africa Google Pay contactless card payments have rolled out in South Africa, according to the company's official support documentation and tests performed by MyBroadband. Previously, Google Pay only worked for in-app and online purchases from South Africa, not...
  11. Jan

    5 out of 9 South African banks don't charge extra for rand payments to Netflix and Spotify

    These banks charge extra fees for rand payments to Netflix, Spotify and other online services Most South African banks don't charge additional transaction fees for rand-based payments to international merchants, despite charges levied by payment provider schemes like Visa and Mastercard. FNB...
  12. Jan

    E-Home Affairs bank branches - Discovery Bank works differently

    Bank branches where you can get your passport and smart ID The Department of Home Affairs is continually adjusting its list of approved bank branches through which South Africans can get their smart ID card or passport, with 26 branches currently available. While its latest list shows that the...
  13. Jan

    Bank Zero's plans to catch up with TymeBank and Discovery

    Bank Zero's big plans to catch up — including adding a vital missing feature Bank Zero is planning to officially exit its beta period and roll out several significant new features in the coming months. However, it is facing an uphill battle against more established digital banks seeing...
  14. Jan

    Entry-level Internet banking fees comparison

    Cheapest Internet banking fees in South Africa FNB's Easy PayU account offers the most affordable online banking transaction fees, while Absa's Transact account was the most expensive, a MyBroadband analysis of entry-level bank accounts showed. Online banking services became essential as the...
  15. Jan

    App-based banking fees comparison

    App-based banking in South Africa — how fees differ between banks All of South Africa's prominent banks offer app-based banking with varying fee structures, charging different amounts for basic payments, prepaid purchases, debit order disputes, and instant transfers. MyBroadband compared the...
  16. Jan

    Home Affairs bringing in IT experts from bank to fix its systems

    Home Affairs gets R400 million network upgrade to end "the System is Offline" The State IT Agency (Sita) is spending R400 million revamping Home Affairs’ whole network, Minister Aaron Motsoaledi has announced in his budget vote speech. Sita recently finished the procurement process and would...
  17. Jan

    Internet Banking fraud dominated ombudsman complaints in 2021

    South African banks with the most fraud complaints Banking services ombudsman Reana Steyn says that her office received and investigated a record number of complaints in 2021 — with Internet banking fraud topping the list. The number of complaints the Ombudsman for Banking Services (OBS)...
  18. Jan

    E-Home Affairs bank branches for smart IDs and passports in South Africa

    Bank branches where you can get your passport or smart ID Several banks across South Africa let their customers get their smart ID cards or passport at specific branches so that they do not have to wait in long queues or face the infamous "system is offline" issue. The Department of Home...
  19. Jan

    Disabling tap-to-pay on bank cards - why FNB doesn't let you

    All but one of South Africa's major banks let customers disable tap-to-pay FNB is the only major bank in South Africa that doesn't let customers disable tap-to-pay on their payment cards. Although "Tap and Go" payment technology for bank cards was beneficial during the Covid-19 pandemic, many...
  20. J

    Discovery Vitality (miles) vs eBucks

    Hi guys. Would appreciate all the comments I can get here. I currently have a health plan with momentum (get no rewards there). I bank with FNB and I’m on level 5 ebucks. I get about R2000 back in ebucks every month. And then 40% a flight here and there and slow lounge. I’m considering...
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