Discovery Bank

[Thor]

Alright I downloaded the discovery app now I got the following, must I activate it?

Where was this step explained when singing up.

Note I don't have a discovery account or logins only the bank account.

 

[JV_011_]

It does work and I'm on the transaction account. It won't activate if you don't have the required minimum in savings. In my case, I have to have over R500 in my savings for it to be active and have over R1213 to receive more points. View attachment 725378

I have allot of money in two separate savings accounts. Clearly they are robing me.

As i get on the phone with them

 

[nullv]

Hi - What is the minimum required discovery saving balance on Black Suite. Please advise for each colour

On black it's 2000 to earn points and there's additional savings goal that goes up every month.

 

[ECHLN]

I have allot of money in two separate savings accounts. Clearly they are robing me.

As i get on the phone with them

Do you have it in the Vitality Savings account?

 

[nullv]

Do you have it in the Vitality Savings account?

It doesn't have to be in your VSA only. I have some in Vitality Savings and some in a Notice Savings Account

 

[ECHLN]

It doesn't have to be in your VSA only. I have some in Vitality Savings and some in a Notice Savings Account

The minimum amount has to be in the Vitality Savings Account.

 

[nullv]

The minimum amount has to be in the Vitality Savings Account.

I never had the minimum amount in my VSA. My Notice Savings Account was used. I even setup a Demand Savings Account for faster transactions. I still get points anyway... I want to keep my VSA only for cashbacks so that if i run a statement on the account i can tell how much the paid me back

 

[twaatie]

Don't know if its being answered already but

I got discovery miles for paying Rates account

 

[ECHLN]

I never had the minimum amount in my VSA. My Notice Savings Account was used. I even setup a Demand Savings Account for faster transactions. I still get points anyway... I want to keep my VSA only for cashbacks so that if i run a statement on the account i can tell how much the paid me back

Odd. So you haven't seen this?

 

[nullv]

Odd. So you haven't seen this? View attachment 725752

It says choose a savings account, not use your vitality savings account. So I opened a Notice and a Demand Savings account. So that i could have both a short term and long(-ish) term savings account according to what i require at that time

 

[twr]

Don't know if its being answered already but

I got discovery miles for paying Rates account

How did you pay it?

 

[JV_011_]

Do you have it in the Vitality Savings account?

I have more than R2k on VSA and notice savings account. I called them yesterday and they say i need a credit card. At this stage i ameven thinking of closing the account and starting from scratch.

 

[ECHLN]

I have more than R2k on VSA and notice savings account. I called them yesterday and they say i need a credit card. At this stage i ameven thinking of closing the account and starting from scratch.

Very strange because I don't have one and its working with me. Maybe they meant Miles

 

[SaiyanZ]

It says choose a savings account, not use your vitality savings account. So I opened a Notice and a Demand Savings account. So that i could have both a short term and long(-ish) term savings account according to what i require at that time

Note that the Vitality Savings Account might just be outright better than the other savings accounts. The only accounts that get the bonus interest depending on your Vitality Money Status is your transactional, credit card and Vitality Savings Account.

eg. on Diamond Status you get a 1.5% interest rate boost which puts the Vitality Savings Account rate at 7.5% p.a. instant access. The notice account only gives 7% p.a. interest. So it makes zero sense to ever use it for me.

 

[ies87]

I stumbled across this tonight. Probably old news but thought I'd post it here since I didn't know how the rates were determined until now.

 

[Thor]

How does the 75% cashback at pick 'n pay work?

 

[twr]

View attachment 725852

I stumbled across this tonight. Probably old news but thought I'd post it here since I didn't know how the rates were determined until now.

Is the amount show the earn per 1 dmile?
Eg if on diamond status platinum card only 1 dmile per R20 and gold is R40 to earn 1dmile.

 

[SaiyanZ]

Is the amount show the earn per 1 dmile?
Eg if on diamond status platinum card only 1 dmile per R20 and gold is R40 to earn 1dmile.

Seems like it. Though I don't know if the spend is necessary and what counts as spend. Is it credit card payments only or do debit orders and rental payments etc. also count... There's no way I would have gotten R15k monthly spend without including those things.

Where is the screenshot from?

 

[Gtx Gaming]

How does the 75% cashback at pick 'n pay work?

You basically give both balls to discovery .

You would need be on full black suite and be on diamond and have discover checks done. Also spend need be around 40k a month on the card to earn that rate.

Pick and pay earn only healthy stuff, almost nothing picks up as healthy stuff.

 

[dunkyd]

Have a look at their new head office, close account and go to FNB.