Discovery Bank

For the guys that have an account at Discovery bank, I believe they offer a 32 day notice deposit.

Can you guys confirm if this is the case and what interest rate they offering?
 
For the guys that have an account at Discovery bank, I believe they offer a 32 day notice deposit.

Can you guys confirm if this is the case and what interest rate they offering?

Up to 5.7%, but not sure how the tiers work.
 
Up to 5.7%, but not sure how the tiers work.


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Bronze status
 
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If you open up each of those options it will tell you the actual rate for each that you get on Bronze

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still the same

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have opened the acc but so far giving an error when accessing acc details

demand savings rate is the same as my actual demand savings acc rate

Interesting thing I noticed is my FNB normal saving acc rate is actually better than Discovery at the moment @ 4.3% normally discovery was way ahead
 
Oh crap so have to jump through hoops to get the max. Guess I will pass

dont really need to do anything special depends on your acc profile

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it does give you some nice pointers and goals for saving, retirement etc.
 
Since when did discovery change their bank account to salary brackets?

So I can't get the best rewards because I don't earn R2.5 bar a year.
 
Any idea when the EasyEquities share trading on Discovery is going live? Idea was published almost a year ago now...




 
Last edited:
Any idea when the EasyEquities share trading on Discovery is going live? Idea was published almost a year ago now...





Probably before their results presentation which is in September. They like to brag about these things.
 
Just received an email from easy equities announcing the partnership. Not sure when though
 
If I'm on the cc option only with Discovery, is the Vitality Savings account the place I need to deposit cash in order to move from Gold to Diamond?
 
If I'm on the cc option only with Discovery, is the Vitality Savings account the place I need to deposit cash in order to move from Gold to Diamond?
Yup. But you can also open up a 24-hour notice account which will also work and give you a smidgeon more interest.
 
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