Discovery Bank

nullv said:
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
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Odd. So you haven't seen this?725752
 
ECHLN said:
Odd. So you haven't seen this?View attachment 725752
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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
 
ECHLN said:
Do you have it in the Vitality Savings account?
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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.
 
NightCrawlerNic said:
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.
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Very strange because I don't have one and its working with me. Maybe they meant Miles
 
nullv said:
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
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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 said:
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.
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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.
 
twr said:
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.
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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?
 
Thor said:
How does the 75% cashback at pick 'n pay work?
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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.
 
SaiyanZ said:
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?
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It’s from Discovery’s website, under ‘Info and Tips’ once logged in. Spend bands don’t affect miles, you earn regardless. It’s for the boosted discounts like Healthy Food and Gym Booster. EFTs and debit orders definitely don’t count towards the spend band, it’s only swipes and online shopping.

You get almost nothing in miles at the moment but I’m told that boosters will kick in again sometime. And when the new Vitality Active Rewards launches next year, it’ll all be miles based. You’ll get 100 miles for achieving each goal (health, drive and money), so 300 miles per week guaranteed. You then also get to play the gameboard for each goal, plus a bonus play if you achieved all three. More miles will be awarded there (as opposed to the current points). Quite excited about that... Miles on spend equates to almost nothing and is just and added ‘nice to have’ for now.
 
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SaiyanZ said:
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?
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So does that mean I get double my dMiles if i go from gold to diamond on my money status?

I see in their website you don't get miles for debit orders
 
twr said:
So does that mean I get double my dMiles if i go from gold to diamond on my money status?

I see in their website you don't get miles for debit orders
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Think so... Think it goes from R30 a mile too R15 mile
 
ies87 said:
It’s from Discovery’s website, under ‘Info and Tips’ once logged in. Spend bands don’t affect miles, you earn regardless. It’s for the boosted discounts like Healthy Food and Gym Booster. EFTs and debit orders definitely don’t count towards the spend band, it’s only swipes and online shopping.

You get almost nothing in miles at the moment but I’m told that boosters will kick in again sometime. And when the new Vitality Active Rewards launches next year, it’ll all be miles based. You’ll get 100 miles for achieving each goal (health, drive and money), so 300 miles per week guaranteed. You then also get to play the gameboard for each goal, plus a bonus play if you achieved all three. More miles will be awarded there (as opposed to the current points). Quite excited about that... Miles on spend equates to almost nothing and is just and added ‘nice to have’ for now.
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That bonus play would be quite nice just need find a way to generate swipes for the bank goal lol
 
Gtx Gaming said:
That bonus play would be quite nice just need find a way to generate swipes for the bank goal lol
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Ya I get 2 out of 4 weeks for swipes. Thinking of splitting my rates into about 10 R250 swipes to get another week
 
twaatie said:
Ya I get 2 out of 4 weeks for swipes. Thinking of splitting my rates into about 10 R250 swipes to get another week
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Only get 1 reward if you do it within an hour. If you swipes 10 within an hour, you only get rewarded for highest swipe. Seems they though about this before.
 
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