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  • Digital future of banking is inevitable and imminent, says Discovery Bank, BCG report

    On Monday, 29 August 2022, at an event held in Sandton, Boston Consulting Group (BCG) in partnership with Discovery Bank, introduced a new report titled: The Future of Retail Banking in South Africa. The report highlighted that two-thirds of South Africans expect the country’s banks to make a full transition to digital banking within five years.

  • Discovery Bank hits 1 million accounts, expands banking and lifestyle benefits

    Johannesburg, 20 June 2022 – Over the past year, Discovery Bank has seen strong deposit growth and considerable traction of its shared-value banking model amongst its client base; the appeal of a full service, shared value, digital bank is reflected in Discovery Bank’s strong growth to over 1 million accounts since its public launch in 2020.
    Today, as the Bank announced the milestone of reachin

  • Discovery Bank clients can now double their Discovery Miles discount to up to 40% off on Miles D-Day every month

    JOHANNESBURG, 12 July 2021 – Discovery today announced Discovery Miles D-Day, an exciting new initiative from Discovery Bank and Vitality. For one day every month, qualifying Discovery Bank clients with Vitality Money can get up to 40% off when spending their Discovery Miles in-store or onlineat over 40 Discovery Miles partners. Discovery Miles is Discovery's rewards currency, that is more valuabl

  • Discovery Bank doubles down on digital banking services

    Discovery Bank today announced new and even more convenient and safe ways to pay, available with its latest app release. Clients now get up to 20% off when they spend their Discovery Miles online and in-store through the Bank’s partner network, and they enjoy greater convenience and security when shopping with virtual cards.

  • Discovery Bank offers locked-in interest rate on savings

    In line with National Savings Month, Discovery Bank will postpone implementing the interest rate reduction announced yesterday and will keep the interest rates on all its savings accounts as is for the next 14 days. The interest that Discovery Bank charges its clients on their borrowings will, however, be reduced with effect from July 24 2020.

  • Discovery Bank committed to easing the financial strain on clients

    • Discovery Bank is working hard to take care of clients during this difficult time • Discovery Bank is making eating healthy more affordable than ever • Clients get up to 100% back on healthy groceries at Woolworths or Pick n Pay • Clients get up to 75% back on personal care products at Clicks and Dis‑Chem