Discovery Bank

I've just received a call from one of the consultants asking to move my discovery credit card over from FNB to Discovery Bank. I can't cancel my discovery card at the moment as I still have the apple watch benefit active.
  1. Has anyone moved their credit card only (without full suite) to discovery bank?
  2. Would it be better with the "rewards" to just get the gold suite full bank?
Any advice will be appreciated.
 
Does paying your EasyPay utility bill at pick n pay occurr any cost or interest charges? And will it count as part of monthly spend band?
 
twr said:
Does paying your EasyPay utility bill at pick n pay occurr any cost or interest charges? And will it count as part of monthly spend band?
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No you get up to 55% days free. It will count towards the spend, just add something like a chocolate to the bill to make sure it gets picked up as groceries.
 
Gtx Gaming said:
No you get up to 55% days free. It will count towards the spend, just add something like a chocolate to the bill to make sure it gets picked up as groceries.
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Awesome thanks, I should have been doing that the last three months
 
Recallza said:
I'd imagine you have to be earning enough to move up a tier, if you don't earn enough, then you don't qualify to move up.
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No actually. I could've easily upgraded to Black because it seems like they don't check how much you really earn on the Transaction. I didn't pick black because it's a little too much for me but anyone else could. I remember when first applying the person on the phone asked which tier I want after the questions on how much I earn. I think they don't care about how much you earn. As long as you pay, they seem to be happy.
 
Guys, question. What transactions contribute towards your monthly spend limit ? An example would be debit orders, money transferred to another account(savings or family) etc.
 
ECHLN said:
No actually. I could've easily upgraded to Black because it seems like they don't check how much you really earn on the Transaction. I didn't pick black because it's a little too much for me but anyone else could. I remember when first applying the person on the phone asked which tier I want after the questions on how much I earn. I think they don't care about how much you earn. As long as you pay, they seem to be happy.
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The requirements for Black scale up more from what they told me. They said in the minimum savings you have to have with discovery go up to 100k (mine started on 2.5 and doubled the next month, i'll see what this month brings) and a higher minimum value of transactions a month to get benefits (i can't remember what it was, 20-something i think)
 
SaiyanZ said:
I don't think the spend limits matter for miles. I only swipe about R4k a month and am getting the highest rate for miles on Diamond.

It seems like those spend limits only affect things like your local flight discount and healthy food discount. I'm currently at 43.5% local flight discount which can go up to 60%.
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Hi,

I received a call from them today and they said for any spend up to 30k they will give me miles according to my vitality money status as a multiplier. but after 30k you only the bare minimum, which is 1% from what he told me.
 
nullv said:
Hi,

I received a call from them today and they said for any spend up to 30k they will give me miles according to my vitality money status as a multiplier. but after 30k you only the bare minimum, which is 1% from what he told me.
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Ah I see. Yeah that's probably true. Though I probably will never swipe that much in a month. Only an issue for big spenders.

I see the current conversion rate is 12 miles = R1. So at 1/15 rate you need to spend R180 to get R1 back. So with R30k spend you get R166.66 back. Not much at all.

Wonder if that 1/15 rate is going to be the final one or if it is just temporary. Diamond health status (before bank) used to get a 10x multiplier so 1/1.5 so you would get R1666.66 back for R30k spend.
 
James 77 said:
I've just received a call from one of the consultants asking to move my discovery credit card over from FNB to Discovery Bank. I can't cancel my discovery card at the moment as I still have the apple watch benefit active.
  1. Has anyone moved their credit card only (without full suite) to discovery bank?
  2. Would it be better with the "rewards" to just get the gold suite full bank?
Any advice will be appreciated.
Click to expand...
The Apple Watch benefit will be carried over to Discovery Bank. I moved with still 13 months left to sweat off my watch; seamless. I took only the Credit Card + secondary card (Platinum in our case suits our needs the best at a reasonable monthly cost - the full suite does not provide enough benefits to outweigh the cost in our case). Together with the Credit Card account you will also get a (free) Vitality Savings account for your cash back. To get the Vitality Money going you'll need to 'deposit' R1000 into the Savings Account - EFT from Nedbank took 12 hrs to reflect.
 
Hans67 said:
The Apple Watch benefit will be carried over to Discovery Bank. I moved with still 13 months left to sweat off my watch; seamless. I took only the Credit Card + secondary card (Platinum in our case suits our needs the best at a reasonable monthly cost - the full suite does not provide enough benefits to outweigh the cost in our case). Together with the Credit Card account you will also get a (free) Vitality Savings account for your cash back. To get the Vitality Money going you'll need to 'deposit' R1000 into the Savings Account - EFT from Nedbank took 12 hrs to reflect.
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Thank you very much, I believe I will go the same route
 
James 77 said:
Thank you very much, I believe I will go the same route
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I did however notice that when I log into the app and go to boosted rewards with vitality money then it seems that I will be better off with going with the full suite instead of the credit card as the cashback at Dischem/Clicks (we spend alot there per month) seem higher as well as the 100% Gym benefit on the full suite for the extra R100 per month.

So if I take the credit card only it's R 75 per month and I pay 25% of the gym fee vs if I take the full suite then I pay R110 more than the credit card but get 100% of my gym fee.

Please correct me if Im wrong
 
Hans67 said:
The Apple Watch benefit will be carried over to Discovery Bank. I moved with still 13 months left to sweat off my watch; seamless. I took only the Credit Card + secondary card (Platinum in our case suits our needs the best at a reasonable monthly cost - the full suite does not provide enough benefits to outweigh the cost in our case). Together with the Credit Card account you will also get a (free) Vitality Savings account for your cash back. To get the Vitality Money going you'll need to 'deposit' R1000 into the Savings Account - EFT from Nedbank took 12 hrs to reflect.
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Did your secondary work?

Received mine before my own one even and still no progress ito activating it.
 
SaiyanZ said:
Ah I see. Yeah that's probably true. Though I probably will never swipe that much in a month. Only an issue for big spenders.

I see the current conversion rate is 12 miles = R1. So at 1/15 rate you need to spend R180 to get R1 back. So with R30k spend you get R166.66 back. Not much at all.

Wonder if that 1/15 rate is going to be the final one or if it is just temporary. Diamond health status (before bank) used to get a 10x multiplier so 1/1.5 so you would get R1666.66 back for R30k spend.
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Yes I'm very disappointed with the earn rate,is Ebucks about the same? Well they at least have a better earn rate at checkers, I hope discovery will bring back a miles multiplyer which I somehow Doubt
 
twr said:
Yes I'm very disappointed with the earn rate,is Ebucks about the same? Well they at least have a better earn rate at checkers, I hope discovery will bring back a miles multiplyer which I somehow Doubt
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I also think miles multiplier is a gone regard. What they did was just converted that to 50% extra returns to healthy food at pnp or woolies and 25% extra from previous miles partners like shell and Dis-Chem. So if you wanna earn those extra you need to buy healthy care, gear, food and fuel from those shops with discovery bank card.
I think they are now done away with all other benefits and it’s gonna be cash back from vitality benefits and DMiles from those shops using discovery card.
 
twr said:
Yes I'm very disappointed with the earn rate,is Ebucks about the same? Well they at least have a better earn rate at checkers, I hope discovery will bring back a miles multiplyer which I somehow Doubt
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Depends on your account but if you're a big PW spender and take the time to jump through thier hoops you earn 3% up to 30k ... so 900 bucks vs dicovery's 166. Does discovery call this a reward??? pffft

PS. This is just for normal spend.. not checkers or fuel which has increased returns.
 
So I received my credit card and healthy food card. But how do I activate the healthy food card they say I must login to the website. I can't, I'm a banking client, there is no website login.
 
Thor said:
So I received my credit card and healthy food card. But how do I activate the healthy food card they say I must login to the website. I can't, I'm a banking client, there is no website login.
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On the Discovery website you can link it, but it would not work for me so I emailed their support team and about 3 weeks later they linked it for me on their side.
 
Pufferfish94 said:
On the Discovery website you can link it, but it would not work for me so I emailed their support team and about 3 weeks later they linked it for me on their side.
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Where? I am a bank client there is no website login for bank clients.
 
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