Discovery Bank

[twr]

I buy:
Prepaid electricity in multiple small units and breakdown my other municipal bills into small units.
Airtime in small units
Fuel my car multiple times, at least the petrol station is conveniently placed on my way to work
Breakup my grocery shopping

I do the same except I don't use prepaid electricity. But it's very Annoying and adding to my stress and don't enjoy doing the weekly money goal

 

[Dennis Andrews]

I do the same except I don't use prepaid electricity. But it's very Annoying and adding to my stress and don't enjoy doing the weekly money goal

I don't think that the 100 miles (R10) + 1 play on the board (minimum 55 miles/R5.50) is worth the effort, I have decided to use my card as I normally do and ignore the weekly money goal.
What I do miss is the Mile Multiplier on the old Discovery card!

 

[beefymoocow]

I don't think that the 100 miles (R10) + 1 play on the board (minimum 55 miles/R5.50) is worth the effort, I have decided to use my card as I normally do and ignore the weekly money goal.
What I do miss is the Mile Multiplier on the old Discovery card!

For you it might be worth R5.5. But a money goals can be worth about R350 for iPhone cash backs. If you have a retirement fund with discovery. You can be getting an extra 4% each month.

 

[twr]

I don't think that the 100 miles (R10) + 1 play on the board (minimum 55 miles/R5.50) is worth the effort, I have decided to use my card as I normally do and ignore the weekly money goal.
What I do miss is the Mile Multiplier on the old Discovery card!

I agree with you im thinking the stress is no longer worth it as well. Yes the miles multiplyer was awesome

 

[Gaz{M}]

"I got rich from playing Discovery's games."

Said no millionaire ever.

 

[vancity33]

For you it might be worth R5.5. But a money goals can be worth about R350 for iPhone cash backs. If you have a retirement fund with discovery. You can be getting an extra 4% each month.

Extra 4% on RA contributions....how?

 

[Gtx Gaming]

Extra 4% on RA contributions....how?

Its with there new plans. I get about 10% extra a month.

 

[ReXeL25]

Its with there new plans. I get about 10% extra a month.

View attachment 776738

View attachment 776740

I'm on Retirement Annuity Version 3 and can't see any of these boosts.

 

[beefymoocow]

I'm on Retirement Annuity Version 3 and can't see any of these boosts.

I think you might need to upgrade your plan. My financial advisor gave me a form to complete for the upgrade. Discovery isn’t charging me much for the upgrade. The only real cost is the fact that my DRO mandatory contribution escalation is 0.5% higher each year.

 

[travelluminati]

I feel Discovery will soon realise how stupid they are. All it is making me do is swipe multiple times instead of once. I find myself paying my Woolies store card off in R50 increments.

That’s a great tactic. I Uber a lot so I’ve loaded it as my Uber card. I hit my weekly target without even thinking about it. Easiest 100 DMiles I’ve ever earned.

 

[twr]

Did a purchase late after no SMS no email notification no point towards my goal transaction , not the first time this happened, last time was last month 4 transactions never were added towards my weekly goal to this day it still hasn't been rectified. .

 

[Tom@]

That’s a great tactic. I Uber a lot so I’ve loaded it as my Uber card. I hit my weekly target without even thinking about it. Easiest 100 DMiles I’ve ever earned.

I also added my card as payment on those parking lot apps... But since they upped the minimum amount it no longer gives the 0.5 point....

 

[JV_011_]

Without the credit card, the bank is pretty useless. The benefits dont outweigh the monthly fees at all. I downgraded to Silver and now i am considering downgrading to gold.

Is there anything i should look out for, i am currently using the weekly goals and healthy food purchases from woolworths and PnP.

 

[L-Dog]

On the app I can see I have 2 out of 3 insurance products, how do I know which 2 they have and which 1 I am missing ?

 

[ReXeL25]

I think you might need to upgrade your plan. My financial advisor gave me a form to complete for the upgrade. Discovery isn’t charging me much for the upgrade. The only real cost is the fact that my DRO mandatory contribution escalation is 0.5% higher each year.

I followed up with my financial adviser and they're sending the upgrade documents in batches but he managed to get mine on request.

Here's the details of the contribution boost:



The other difference between old and new is the annual increase.

 

[binloud]

Is there anyway to find to average monthly spend, besides manually calculating it?

They dropped me to get a boost of 0.5% randomly - which isn't even an option so I don't see how that is possible. I only get 25.5% back from my primary food partner - I was on 37% last week.

 

[Gtx Gaming]

Only got 1 hl payment, think it is for pick and pay. Will need to querie dischem spend as I know I spend atleast R800 on healthy care at 43% rate

 

[twr]

Only got 1 hl payment, think it is for pick and pay. Will need to querie dischem spend as I know I spend atleast R800 on healthy care at 43% rate

Don't they combine h/l like pick n pay and dischem ?

 

[rsa-ace]

Don't they combine h/l like pick n pay and dischem ?

Yes. Vit HL is healthy care and healthy food combined.

 

[Koosvanwyk]

Yes. Vit HL is healthy care and healthy food combined.

And healthy gear as well