Discovery Bank

If you decline the invitation to open an account with them does that mean they will cancel your Discovery credit card (i.e. you have to clear the balance & they close it)?
 
Got a call from Discovery this morning, saying there is a delay in delivering the new cards, and that they'll let me know when it's ready.

It appears that if you had your PnP Healthyfood cash back linked to your Discovery CC issued by FNB.
You'll have to get a new number and link it again through Vitality. Might have to use the healthyfood card.
59b14c6c4aa83e27e3b697562e8688a0.jpg
 
I also got a mail stating I can join. When I use the app you need to enter your monthly salary and that determines your card type and monthly fee. Any idea what the difference is between a Gold and platinum card besides the monthly price ?
 
L-Dog said:
I also got a mail stating I can join. When I use the app you need to enter your monthly salary and that determines your card type and monthly fee. Any idea what the difference is between a Gold and platinum card besides the monthly price ?
Click to expand...

Your bonuses will get affected. But I think it’s best to understate you salary then increase it once you get better clarity.
 
jun_tao said:
Got a call from Discovery this morning, saying there is a delay in delivering the new cards, and that they'll let me know when it's ready.

It appears that if you had your PnP Healthyfood cash back linked to your Discovery CC issued by FNB.
You'll have to get a new number and link it again through Vitality. Might have to use the healthyfood card.
59b14c6c4aa83e27e3b697562e8688a0.jpg
Click to expand...

Lol they had an extra month to prep to print the card and they still delayed it.
 
twr said:
So that taking on non Discovery members from 1july but what about giving us (me) who allegedly has a discovery cc and other products with them first? I thought we supposed to get them first,

So now cash rewards is going to be converted into miles?
Click to expand...
Your Miles can also be converted to cash
 
  • Like
Reactions: twr
Delay must of been sorted. Got a call saying my card will be delivered tomorrow.
 
ECHLN said:
"The bank added that over the next few months, all cashback and discounts offered to customers will be converted into Discovery Miles.

Customers will be able to use Discovery Miles within the company’s ecosystem and with its partners, or simply convert their Discovery Miles into cash."

Source: https://mybroadband.co.za/news/bank...bank-starts-rolling-out-to-all-customers.html
Click to expand...

I meant will it still work like the current one? Will there still be an annual fee? It sounds like everyone will be getting it now - it won't be an opt-in thing...
 
ECHLN said:
Discovery Bank is building its own ‘e-money structure’ – and it is definitely not like eBucks
https://www.businessinsider.co.za/discovery-bank-real-time-crypto-money-for-discovery-miles-2019-6
Click to expand...
" In Discovery's opinion, the real-time element is where Discovery Miles will differ most dramatically from the likes of FNB's eBucks, which is paid in batches, currently once a month.

eBucks, says Gore, "is a loyalty currency". Discovery Miles will be "in effect cash" – and will be available to be transferred to other people."

Apart from earning real time, instead of monthly it sound pretty much exactly like ebucks.

In my experience ebucks can be used for either discounts or as "cash" on most things. Over and above its also easy to transfer to another person
 
"but it is definitely not like First National Bank's eBucks system. "

"Discovery Miles will be "in effect cash" – and will be available to be transferred to other people. "

Maybe Mr. Gore should open or use his FNB account with eBucks a bit more, since this "not eBucks" sounds a lot like eBucks. I think they should have changed the Miles name, as a lot of people don't like Miles as they have never been as powerful as eBucks.
 
S3XY said:
"but it is definitely not like First National Bank's eBucks system. "

"Discovery Miles will be "in effect cash" – and will be available to be transferred to other people. "

Maybe Mr. Gore should open or use his FNB account with eBucks a bit more, since this "not eBucks" sounds a lot like eBucks. I think they should have changed the Miles name, as a lot of people don't like Miles as they have never been as powerful as eBucks.
Click to expand...

You can't convert your ebucks into actual cash though - like moving it into a savings account, unless you sell it to someone else. I think that's what he's talking about.
 
You must log in or register to reply here.
Back
Top
Sign up to the MyBroadband newsletter
X