Discovery Bank

[vancity33]

I have no idea how they get to those values. During the last cycle I spent more than R2000 at PNP on Healthy Food. I think my cash back was 75% during this period, so I should be getting R1500 back or 15000 miles, but I got 12379 miles.

The vitaly part is only 2379 miles, at 25% that means I only spent R1000 odd.
The bank part is correct, i.e. R2000 max x 50% = R1000 or 10000 miles

I'm not sure if they stick to the limits. As per the below, the maximum cash back for an individual is R500. Would this mean that if your cash back is 75%, then you can only effectively get cash back on a HealthyFood spend of R666.67. Does anybody know for sure? Are there additional limits given by the bank?

 

[beefymoocow]

Which one do you have Beefymoocow? Or do you have both accounts?

I had Investec a while ago when I was a trainee.

 

[Koosvanwyk]

Can Anyone with the iPhone benefit tell me how much they get back a month ?

R715

 

[beefymoocow]

Does anyone know if surgical face masks are healthy care items. I remember seeing a vit logo on dischem website before the lockdown. And it’s on the healthycare booklet

And I noticed you get 20% discount on healthyfood at dischem. I guess dischem doesn’t have any healthyfood program so they just give you 20% discount.

 

[Koosvanwyk]

I'm not sure if they stick to the limits. As per the below, the maximum cash back for an individual is R500. Would this mean that if your cash back is 75%, then you can only effectively get cash back on a HealthyFood spend of R666.67. Does anybody know for sure? Are there additional limits given by the bank?

View attachment 824207

The picture that you included was the vitality health part only. The limit for this has always been R500 for single member (ie 25% of R2000 max spend) or R1000 for family (25% of R4000 max spend).

The bank part (vitality money is seperate) but it is based on the same spend limits. So if you have bank / vitality money and vitality health then the max you can get back is R1500 for single member ( R2000 x 75%, being 25% from vitality health and 50% from the bank).

I am ignoring the "special" lockdown deal where the has changed to 100%

 

[Koosvanwyk]

For those who've experienced both products, what's better overrall: Discovery Black Transaction Account or Investec Bank Account? Mostly similar prices!

I have both, completely different products. In terms of add on rewards discovery is way better, but everything else is better with Investec (probably the best banking app in SA, better and more personalised service, better core banking products, plus many more)

 

[twr]

Does anyone know if surgical face masks are healthy care items. I remember seeing a vit logo on dischem website before the lockdown. And it’s on the healthycare booklet

And I noticed you get 20% discount on healthyfood at dischem. I guess dischem doesn’t have any healthyfood program so they just give you 20% discount.

Never knew dischem gives healthy food cash back ,but normally discovery gives you the cash back after billing cycle not at the tills?

 

[beefymoocow]

Never knew dischem gives healthy food cash back ,but normally discovery gives you the cash back after billing cycle not at the tills?

The healthy foods isn’t a cashback. It’s just a normal flat discount of 20%. I think it’s something to compensate customers since dischem doesn’t have a healthyfood program.

 

[twr]

The healthy foods isn’t a cashback. It’s just a normal flat discount of 20%. I think it’s something to compensate customers since dischem doesn’t have a healthyfood program.

But I've never seen this notification from.discovery? I've bought almonds before many times and never had an instant discount

 

[beefymoocow]

But I've never seen this notification from.discovery? I've bought almonds before many times and never had an instant discount

Me too. First time seeing this. Maybe it’s a lockdown promo. It’s quite nice since I also used my dischem voucher from fnb.

 

[twr]

Me too. First time seeing this. Maybe it’s a lockdown promo. It’s quite nice since I also used my dischem voucher from fnb.

If only there was some what to know what healthy food dischem has before getting to the till

 

[remlon]

I have both, completely different products. In terms of add on rewards discovery is way better, but everything else is better with Investec (probably the best banking app in SA, better and more personalised service, better core banking products, plus many more)

Interesting thank you! What account do you get your salary paid into? And what account do you do most of your spending on?

 

[Koosvanwyk]

Interesting thank you! What account do you get your salary paid into? And what account do you do most of your spending on?

Discovery is used for CC purchases and online transactions. Investec for the rest, salary paid to Investec. I have a recurring EFT set op on Investec to transfer R xxxx to Discovery once a week, I try to keep Discovery CC at 80%+ of facility to make max use of interest free period.

 

[riddler]

The healthy foods isn’t a cashback. It’s just a normal flat discount of 20%. I think it’s something to compensate customers since dischem doesn’t have a healthyfood program.

But I've never seen this notification from.discovery? I've bought almonds before many times and never had an instant discount

It's just a sale that dischem has at the moment on dried fruit and nuts, nothing to do with any healthy food program

 

[beefymoocow]

It's just a sale that dischem has at the moment on dried fruit and nuts, nothing to do with any healthy food program

Oh that makes sense. Disc could have been interpreted as discovery and not dischem.

 

[riddler]

Oh that makes sense. Disc could have been interpreted as discovery and not dischem.

Actually, Disc = Discount

 

[ies87]

This is new, I think. Pretty cool...

 

[Gtx Gaming]

This is new, I think. Pretty cool...

For steps as well??

 

[beefymoocow]

This is new, I think. Pretty cool...

Is this backdated. I don’t think I got any miles. Is this on top of the miles you earn for meeting your goals.

 

[ies87]

For steps as well??

Hope so... Though they might say logged exercises only. Can’t find T’s and C’s anywhere.