Discovery Bank client numbers revealed

Thor

Honorary Master
Joined
Jun 5, 2014
Messages
39,272
Accounts is a silly metric - unique users and AUM is all that matters
 

Louis72

Senior Member
Joined
Jun 15, 2010
Messages
527
Well maybe if they didn’t have the worst launch strategy ever it wouldn’t have happened. Customer service is already a joke and they only have a couple of clients by the looks of it.
 

Chris_the_Brit

High Tory
Joined
Mar 6, 2004
Messages
28,459
That's quite bad numbers I would have thought, especially since Discovery had a huge database from people who are on Discovery Medical Aid.
 

Polymathic

Honorary Master
Joined
Mar 22, 2010
Messages
15,986
But the problem is their target demographic is the demographic that is leaving the country in droves
 

Radioboy

Senior Member
Joined
Apr 12, 2013
Messages
749
I wanted to move my Platinum Discovery Card that was on the FNB platform to Discovery bank but as a gold card. They refused the downgrade. So I moved on.
 

RandomGeek

Senior Member
Joined
May 14, 2015
Messages
791
I have nothing against Discovery bank - their product just seems very similar to those on offer by the other banks - or am I missing something?
 

LCBXX

Honorary Master
Joined
Apr 11, 2006
Messages
11,117
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Is that R15 per EFT?? No details on per-transaction fees etc.
 

jambai

Senior Member
Joined
Oct 18, 2007
Messages
881
the people they are targeting are leaving in sa.
the real top of the market have private banks
the bank is buggy .not sure the IT skill is in sa to fix
they pissed off people with race issue and keep on moving goal posts in vitality etc
the product is average in my view and expensive
So from me ...no thanks .They still living on the vitality bias of being market leader
 
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