Discovery Bank

[SueC]

Its a mobile card machine you swipe your card and money then transferred account a few days after. But fees apply

I was quoted 2.9% per transaction! Is it worth swiping just to hit your goal, or am I missing something (I’m new to discovery bank...)

 

[beefymoocow]

I was quoted 2.9% per transaction! Is it worth swiping just to hit your goal, or am I missing something (I’m new to discovery bank...)

The cheapest way is to pay your accounts online and breaking them up into R50s.

 

[Gtx Gaming]

I was quoted 2.9% per transaction! Is it worth swiping just to hit your goal, or am I missing something (I’m new to discovery bank...)

Yes as this should just be a buffer to reach the goal. Remember from next year you get a extra pick on the board if you reach all 3 goals. So if you miss your bank goal you basically miss 2 picks on the board.

 

[Thor]

Closing the account and moving back to Capitec. This was fun, but it's day rape.

I wonder what the process is when you want to close a bank account, never done that in my life.

 

[now05ster]

So, after EIGHT months of trying to sign up and having to endure **** poor support I finally managed to sign up. Man, it's awful

Issues with institutions not able to deduct monies via debit order, no integration with Spendee, not all services working...

I am really disappointed in this product. Bank has a LONG way to go and I'm going back to Capitec until it's sorted out.

 

[SaiyanZ]

Been checking in on this thread from time to time to evaluate if its worth it to join disco.

Seems like a royal poop fest.

People mainly post here if they have problems. Been working perfectly fine for me for months so not much to say. Good bonus interest if you're on Diamond and it's not too hard to get there if you have savings. Literally just deposit some cash and you're Diamond.

Getting to Diamond does not take months/years like with Vitality Health or Drive.

 

[ECHLN]

People mainly post here if they have problems. Been working perfectly fine for me for months so not much to say. Good bonus interest if you're on Diamond and it's not too hard to get there if you have savings. Literally just deposit some cash and you're Diamond.

Getting to Diamond does not take months/years like with Vitality Health or Drive.

I agree. There should be a separate Discovery Bank Rant thread at this rate

 

[Saba'a]

Closing the account and moving back to Capitec. This was fun, but it's day rape.

I wonder what the process is when you want to close a bank account, never done that in my life.

Yep bit of a mess and expensive.

 

[Neuk_]

Did anybody else get an email like this...

Hi MR XXXX

You’re in the queue! Congrats on taking the first step to upgrade to the world’s first behavioural bank.
You are number:

XXXX
​

You can look forward to a digital banking experience like no other, and a behavioural bank account that comes with:

• Vitality Money to help you reach your financial goals
• Dynamic Interest Rates that flex based on how well you manage your money
• Unbeatable lifestyle rewards with Dynamic Discounts on flights, fuel, gym, HealthyFood and more
• Smart new ways to pay with Discovery Pay – no banking details needed!

Plus, choose an account colour and fees that suits your needs.

Track your status
Keep track as you move up the queue by entering your details again on the Discovery Bank app or look out for your invite as you’ve reached the top.

Some of the ways you currently use your Discovery Card will change with Discovery Bank. Keep using your current Discovery Card until you receive and activate your new card.

Get ready to upgrade your bank.

The Discovery Bank team

I have never signed up for Discovery Banking but do have a Discovery CC so presume this is part of the migration?

 

[Jehosefat]

Did anybody else get an email like this...

I have never signed up for Discovery Banking but do have a Discovery CC so presume this is part of the migration?

Yeah, got the same email last week and they have tried to call me once or twice but I've been in meetings so I've missed the calls. Not keen to move over to be honest but it seems like it's not optional with the way the gym booster etc. are going

 

[Neuk_]

Yeah, got the same email last week and they have tried to call me once or twice but I've been in meetings so I've missed the calls. Not keen to move over to be honest but it seems like it's not optional with the way the gym booster etc. are going

They can move my Discovery CC but I have no reason to move anything else to them.

 

[doubletrouble]

theres a wwe event in cape town next year and discovery bank card holders get first dibs by entering first 6 digits of bank card in on the computicket website. anyone want to help a brother out?

 

[ECHLN]

theres a wwe event in cape town next year and discovery bank card holders get first dibs by entering first 6 digits of bank card in on the computicket website. anyone want to help a brother out?

Just join the bank

 

[ies87]

So I was fooling around with the colour change functionality this morning. Been trying to downgrade to platinum but app won’t allow it. I ended up adding a zero to my salary to see what happens and got this. So it would seem the elusive purple card is not ‘by invite only’. Hefty fees though, you’d have to use airport lounges a lot for this to make sense.

 

[Gtx Gaming]

Damn the fees are pretty hectic

 

[Gtx Gaming]

Made my salary 1 million a month still did not get the option. Through only have a black card, not the full package.

 

[ies87]

Made my salary 1 million a month still did not get the option. Through only have a black card, not the full package.

Wow no I don’t earn that much. I fiddled a bit now and the lowest income I get offered purple on is R210000pm. You probably need a full suite to get the offer.

 

[ECHLN]

Wow no I don’t earn that much. I fiddled a bit now and the lowest income I get offered purple on is R210000pm. You probably need a full suite to get the offer.

That explains it

 

[JV_011_]

seems like you need the full banking suite to upgrade or downgrade. 1mil = nothing, R10 = nothing.

 

[twr]

I just have the platinum cc and the free savings account,I changed my income to a longer amount and it doesn't show a downgrade to gold available,or where do I go to downgrade my cc?