Discovery Bank

splinter_watsup said:
I am on diamond. Last weeks goal took a while to show come through so because Discovery thought I had not hit my 20 points weekly reward I was dropped back to Gold! The points then came through and I was moved back to Diamon.

So not only do all your finances need to be in order, but you also have to spend enough money every week otherwise you move back down to gold.
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Bizarre! Nowhere do they show any connection between status and the weekly goals. The app makes it seem as though only those metrics (savings, debt, retirement, etc.) count.

They really need to straighten out their information to us. This is leading to one frustration on top of the next.
 
splinter_watsup said:
I am on diamond. Last weeks goal took a while to show come through so because Discovery thought I had not hit my 20 points weekly reward I was dropped back to Gold! The points then came through and I was moved back to Diamon.

So not only do all your finances need to be in order, but you also have to spend enough money every week otherwise you move back down to gold.
Click to expand...


Think there was a problem with the status last week. Everyone I know dropped down a level, including myself. Was rectified afterwards. Don't think it has anything to do with the money goals.
 
I received my Discovery Card statement yesterday (the old system) and for the first time they are paying interest on a credit balance.
 
Any Capetownians here? How long did it take for the card to get delivered?

Edit: Its coming next week Wednesday so a week
 
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Cool. Thank you all. I guess I'll have to wait till next monday or so.
 
Does anyone get more money back now than when you only had the discovery credit card ?
 
So, Dynamic interest. They say you could qualify for up to 6% less on interest. What is the interest rate you were offered on your cc/overdraft and is it less than at other banks?
 
James 77 said:
Does anyone get more money back now than when you only had the discovery credit card ?
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Not really. I used to get a lot of discovery miles. I’m hoping they will backdate the new miles. But will see next month hopefully
 
Micdew said:
So, Dynamic interest. They say you could qualify for up to 6% less on interest. What is the interest rate you were offered on your cc/overdraft and is it less than at other banks?
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Discovery offered me 15% 12.75 after the Dynamic boost. I get 15 at Nedbank and 12 at RMB so not a huge difference. All CCs though, an overdraft should be lower if I’m not mistaken.

Credit interest rate is 6.25% though which is way more than any of my other cards.
 
Made a test transaction into my Vitality Savings Account from FNB last night at around 7:30PM. Hasn't come in yet. How long does it typically take and what are the cut off times for Discovery Bank?
 
Standing banking cut off times of 3pm apply. Your money elwill be in tonight - discovery does clear earlier than othoe big 4 though. It'll clear before 9pm
 
I still have not received a response from the signup till to date
I have completed the sign up section maybe 4 times already in the last 2 months
 
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