Discovery Bank

Oh sorry I misunderstood

BTW im.on a platinum cc do I get an extra cash back?

I wasn’t clear. But it’s still good to know. Hopefully the discount from the bank side is per calendar year.
 
With the new credit card, what is the Discovery Miles earn rate? And do you still pay the annual fee to join Discovery Miles or is that now free?
 
With the new credit card, what is the Discovery Miles earn rate? And do you still pay the annual fee to join Discovery Miles or is that now free?

Yea I think it’s free now. The earn rate is very low. It can be from 1-6.66% in miles. Therefore 0.1-0.666% in rand value back.

It’s a shame they dropped the multiplier. Maybe it will come back this year.
 
Should the miles earn rate be back to normal from today? Dont want to spend money at the capped 1% rate .
 
Should the miles earn rate be back to normal from today? Dont want to spend money at the capped 1% rate .
Earn rate for Miles seems to be based on transaction date and not the date it clears so should have been reset for all transaction from 01/01 already
 
Please explain,what do you mean it's returned to normal?
When you reach a cumulative spend level of R25,000 in a month your Miles earn rate is limited to 1% on any transaction incurred after hitting R25,000 (compared to 6.66% on transactions before reaching R25,000 if you are on Diamond status and black suite).

I also suspect that the R25,000 changes depending on what account you have(?), so does the 6.66%.

The 1% earn rate resets to 6.66% (in my example) on the 1st of each month.
 
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When you reach a cumulative spend level of R25,000 in a month your Miles earn rate is limited to 1% on any transaction incurred after hitting R25,000 (compared to 6.66% on transactions before reaching R25,000 if you are on Diamond status and black suite).

I also suspect that the R25,000 changes depending on what account you have(?), so does the 6.66%.

The 1% earn rate resets to 6.66% (in my example) on the 1st of each month.
Ahh okay thanks for the explanation,I'm.not way near R25k spend
 
I was upsold to the black card on the basis of lounge access. I checked it on and it promised acces to all the loungekey lounges (there is an app which says where they are). I went to the bidvest lounge at East London airport and they didn't accept discovery black card. Anyone with any experience ? Seems the only easy to raise the issue is to call them, which is not great either.
 
I know with FNB they give 10 visits with their lounge key but it's only for outside of SA

I have the discovery platinum cc and very disappointed that they not giving lounge access ,yet all other banks in Sa give On platinum cards
 
I was upsold to the black card on the basis of lounge access. I checked it on and it promised acces to all the loungekey lounges (there is an app which says where they are). I went to the bidvest lounge at East London airport and they didn't accept discovery black card. Anyone with any experience ? Seems the only easy to raise the issue is to call them, which is not great either.
The black card is Visa Signature and should be accepted by any LoungeKey lounge. It’s not the issuing bank that matters, it’s the type of Visa card. Bidvest doesn’t accept LoungeKey afaik... I don’t think any South African lounges do.
 
I know with FNB they give 10 visits with their lounge key but it's only for outside of SA

I have the discovery platinum cc and very disappointed that they not giving lounge access ,yet all other banks in Sa give On platinum cards
I think the idea is that Discovery will be opening their own lounges. Not sure when that will be but it was definitely announced at launch.
 
The black card is Visa Signature and should be accepted by any LoungeKey lounge. It’s not the issuing bank that matters, it’s the type of Visa card. Bidvest doesn’t accept LoungeKey afaik... I don’t think any South African lounges do.
It's on their app, so implies it is. I see now perhaps I should have generated this virtual card thing....
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I think the idea is that Discovery will be opening their own lounges. Not sure when that will be but it was definitely announced at launch.
That's cool whenever that happens, but that still won't give me access internationally with my.platinum card Unless they change that
 
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