Press release -
Discovery Bank app offers discounted digital vouchers at up to 15% off
Johannesburg, 11 December 2023 - From December, the Discovery Bank app puts discounted, digital entertainment vouchers in the palms of Discovery Bank’s clients. From Roblox to Spotify, clients can now buy a variety of digital vouchers with ease and pay up to 15% less using Discovery Miles in the Discovery Bank app.
“We want to offer our clients the best variety of services not only in banking, but across their lives. Entertainment is an important part of taking care of our overall wellbeing, so we have now built additional functionality into the Discovery Bank app that offers digital vouchers at up to 15% off. Clients can choose vouchers from a range of popular providers to make it even more affordable and convenient to enjoy shopping, playing and relaxation,” says CEO of Discovery Bank, Hylton Kallner.
Digital delights with many gaming and entertainment partners
With this new feature in the Discovery Bank app, there’s more ways to play, listen, watch, and shop. There’s something for everyone from surprising a thrill-seeker with OTT vouchers or streaming favourite songs on Spotify.
With more in the pipeline, the digital vouchers that are currently available, include:
- Blu vouchers (for gaming enthusiasts)
- OTT vouchers
The saving of up to 15% off on any of these vouchers is available until 31 March 2024 when purchasing vouchers with Discovery Miles. The discount applies automatically, similar to when clients buy airtime, data, and prepaid water and electricity. It’s easy to explore options and to unlock the savings in the app, with everything grouped under gaming and entertainment.
Kallner says, “It’s always exciting to grow our partner network and to make using services easier to give our clients more choice and convenience. This is what gives the Discovery Bank app an additional advantage – we can quickly and easily adapt to bring clients more of what they enjoy in life – and with Discovery Miles, they save on everything they buy.”
About Discovery Bank
Discovery Bank is part of Discovery Limited, a financial services organisation that operates in healthcare, life assurance, short-term insurance, investments, banking, and wellness industries, in over 40 markets globally. Built on a shared-value model, Discovery Bank is fundamentally designed to create unique shared value for clients, differentiating the Bank from traditional banking models. Clients are encouraged to manage their money well, monetising healthy financial behaviours that lower their financial risk and realises long-term default and risk savings for the Bank. Discovery Bank shares this value with clients in the form of better interest rates, deep discounts and significant rewards from an exclusive retail, lifestyle and wellness partner network. The model has an overall positive impact on clients, society and Discovery Bank - clients experience greater financial wellbeing, the risk of defaults for Discovery Bank is lowered making the business more sustainable; while improved financial behaviours such as increased savings, higher retirement savings and lower debt levels, benefit society as a whole. Behaviour change and rewards are enabled through Vitality Money, an AI-powered programme on the Discovery Bank app that gives clients an understanding of the behaviours that influence their financial wellbeing, while giving them the tools to improve their financial behaviours. The more clients improve their financial behaviour, the higher their Vitality Money status and the greater the value they receive.
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