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Topics: Finance

  • Discovery Bank makes sure no one misses out with #HackBlackFriday

    JOHANNESBURG, 23 November 2022 - It’s the week of Black Friday and since 2018, this day has been one of the biggest shopping events of the year. With belts being tightened everywhere due to the current financial environment, many South Africans are waiting to find the best possible deals on high-value items or general household items from retailers everywhere.
    Everywhere we look there are mas

  • Vitality model saves more than two million life years for its customers in 2022

    Discovery’s 2022 Sustainability Report quantifies the positive impact of its model for customers and society – and sets a goal of incentivising one billion healthy activities a year by 2030. In the 2021 financial year, Discovery recorded 470 million healthy activities, and returned R11.4 billion in value to customers through its shared-value model and impacted nearly 40 million lives.

  • Share trading now available for Discovery Bank clients through EasyEquities

    Johannesburg, October 6, 2022 – Coinciding appropriately with World Investor Week, Discovery Bank is excited to announce the launch of share trading through the Discovery Bank app, in partnership with EasyEquities. Clients can now open a new EasyEquities account, or link an existing one, seamlessly through the Discovery Bank app, making investing in their favourite local and global brands and othe

  • Starting trips before 7am saves time, men are better at braking smoothly, and women stay within speed limits, says new driving trends data

    New driving trends data released today reveals that people can save between 13% and 14% of their commuting time on their trips if they choose to start driving before 7am or after 8am. The data also highlights that men brake more smoothly and tend to use their cellphones less often than women when driving, while women are better at taking corners and staying within the speed limit.
    Discovery In

  • The number of people in South Africa without a will is concerning, finds survey

    A recent client survey conducted by Discovery Life reveals that, while 98% of respondents believe that having a will is important, almost a third of the participants conceded that they do not have a will in place (31%). With 12 to 16 September being National Wills Week in South Africa, the time is now to get a will drafted, especially if you have loved ones who are dependent on you for income and

  • 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.

  • South African women need more income protection cover – and continue to see the value of cover for cancers

    Johannesburg, 10 August 2022: Every year, in August, South Africa marks Women’s Day and Discovery Life undertakes to reflect on its efforts to close the gendered insurance gap in our country. In 2019, ASISA conducted a gap study which found that women have an insurance gap of nearly R15 trillion. An analysis of Discovery Life’s 2021 claims data shows that while women hold 47% of all life policies,

  • Road to Sun City gets a plug from the Pothole Patrol

    Thanks to The Pothole Patrol, business and leisure travellers from Gauteng will no longer have to navigate potholes when they travel to Sun City for holidays or to attend business events.
    The innovative initiative is a partnership between the City of Johannesburg, Discovery Insure and Dialdirect Insurance. In its first year alone, it repaired over 100 000 potholes in Johannesburg.
    Now for th

  • SA’s most popular days for driving to work are Tuesdays and Wednesdays, according to recently released driving data

    Discovery Insure’s new Work From Home Index has revealed an average of three days per week that people are physically travelling between work and home. These are the two most common destinations between which many people travel – often more than once a week – ordinarily every week.
    During the past two years, our movement patterns between these two destinations have shifted and Discovery Insure

  • 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 Insure and Advanced EMS launch private firefighting initiative in Johannesburg to handle fire-related emergencies

    Sandton, Johannesburg -  A fire occurs in Johannesburg every six hours, according to data from the Fire Protection Association of South Africa. With the risk of fires increasing during the winter season, Discovery Insure this morning launched the Discovery Fire Force project in Johannesburg, a unique solution aimed at protecting Discovery Insure clients in the metropolitan area from the devastatin

  • One year on: More than 100 000 potholes repaired and counting

    Over 100,000 potholes repaired by The Pothole Patrol in one year. Over 4400 potholes reported in Sandton alone. Roodepoort given the unfortunate crown of area with the most potholes. William Nicol labelled as the most treacherous road in Joburg and to celebrate The Pothole Patrol’s one-year anniversary, as well as to commemorate the UN Global Road Safety Week which

  • How young is too young to start thinking about retirement?

    Johannesburg, 11 May 2022 — According to National Treasury, South Africans generally need more awareness of investments and savings in general. Luckily, you’re never too young to start investing in your future, or too old to change the way you think about your retirement, as the 11-year-old star of a new Discovery Invest campaign helps us see.
    “When people don’t save enough for retirement, and

  • SAFx Rater confirms Discovery Bank’s new-generation forex account offers a unique experience

    Johannesburg, 17 March 2022 – Discovery Bank today released its inaugural “SAFx Rater”, a comparative analysis of features and benefits of forex accounts offered by major banks and forex providers in South Africa. With the recent strengthening of the rand against major currencies, there has been significant interest in opening foreign exchange accounts to take advantage of this. Discovery Bank has

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