Discovery Bank

ReXeL25 said:
I'm on Retirement Annuity Version 3 and can't see any of these boosts.
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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.
 
vancity33 said:
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.
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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.
 
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. .
 
travelluminati said:
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.
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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....
 
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.
 
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 ?
 
beefymoocow said:
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.
Click to expand...

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:

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

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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.
 
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
 
Gtx Gaming said:
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
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Don't they combine h/l like pick n pay and dischem ?
 
Got another HL payment of R109, but I spend min R600 healthy care at dischem with 43% rate so it should be much more. I Did log a query so i should hear back in the next month or so lol
 
I think I'm reaching my tolerance threshold of jumping through Discovery hoops to fill rings. When I was doing tricks for Health points, I could justify that it was a win-win with me getting more exercise, but the ones on the Money side break that illusion. Now I have to do a whole lot more pointless tasks to maintain multiple categories of statuses, for what seems like significantly less value back.

Even if I don't end up moving, at least it's giving me motivation to re-evaluate the competition.
 
I have cancelled my account last week and they still haven't closed it. I got tired of jumping though hoops for ridiculous benefits. Up untill they can give me a credit card, i dont see a need for discovery bank.
 
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