Topics: Finance

UN Special Advocate Queen Máxima meets Discovery Bank on financial health, youth literacy programme, and research lab plans

21 May 2025 12:08

Cape Town, 21 May 2025 – Her Majesty Queen Máxima of the Netherlands, the United Nations Secretary-General’s Special Advocate (UNSGSA) for Financial Health met with Discovery Bank CEO, Hylton Kallner, and other guests at Discovery Store in Sea Point, Cape Town. They explored the bank’s fully digital behaviour-change programme, Vitality Money, and how it enables financial health through science-bas

Home or car expenses, and short-term debt, are the top two reasons for Two-Pot withdrawal requests

30 September 2024 14:58

In line with expectations that debt repayment would be a key reason for requesting Two-Pot withdrawals, one of the two main reasons claimants gave for needing extra cash was to settle short-term debt. The other was to cover home or car expenses. That's according to the Discovery Corporate and Employee Benefits’ pension and provident fund business. T

Discovery Bank grows to one million clients two years ahead of plan

26 August 2024 11:37

Johannesburg, 26 August 2024 – Discovery Bank, today, announced that is has reached the milestone of acquiring its first one million clients. This follows the Bank’s announcement earlier this year that it had over two million active accounts.
Hylton Kallner, CEO of Discovery Bank, says, “This milestone of our first million clients is a special one. While it’s only the beginning for us, we are

South African spending remains resilient with strong adoption of digital wallet use compared with global peers: SpendTrend24 report

4 April 2024 10:00

Discovery Bank and Visa today released their latest SpendTrend24 report, a comprehensive study of consumer spending habits.

Discovery Bank SpendTrend Rugby World Cup 2023 edition: increased takeout and match day spend

9 November 2023 11:41

Discovery Bank today revealed Rugby World Cup 2023 insights, which explored how this major world sporting event impacted the spending habits of its clients between 1 September and 28 October 2023 – in France and back home in SA.

New to market: Discovery Bank announces home loans with up to 1.5% off interest rates

26 September 2023 11:45

Discovery Bank has announced a ground-breaking new home loan product for clients in 2024. Through its established shared-value banking model that rewards people for making good financial decisions, Discovery Bank will give clients up to 1.5% off their home loan interest rate for engaging and managing their money well.

Fast-Tracking Energy Solutions: Discovery Bank introduces 48-hour installation guarantee for solar and back-up power solutions

23 August 2023 09:03

Discovery Bank, a pioneer in innovative financial solutions, today announced an enhancement to its energy solutions offering which will allow clients installation within 48 hours from payment receipt for solar and back-up power solutions.

Want to take control of your finances? Discovery Bank and Worth have a solution that costs only R5!

3 August 2023 11:05

Discovery Bank and its online financial education partner, Worth, today announced an exciting, limited offer to give more people access to the benefits of good financial knowledge. The objective is to empower every South African to make the right choices for a brighter financial future.

Discovery Bank clients can fast track their car collection with Ready2GO priority service at Europcar

31 July 2023 09:00

Discovery Bank clients can now experience priority express checkout at Europcar in Cape Town, King Shaka, Lanseria and OR Tambo International airports through the convenience of paperless car collection.

Discovery Bank clients can pay anyone, anywhere, anytime from as little as R1

17 July 2023 09:32

Following its rollout of PayShap, Discovery Bank today announced that it has integrated the payment rails of the digital payments service into its existing payment infrastructure, to offer clients a single, easy way to make instant payments with a consistent fee structure.

Discovery Bank partners with Rubicon to bring solar and energy solutions to its clients

7 June 2023 09:47

Discovery Bank has partnered with Rubicon, a trusted industry leader in solar solutions. This partnership will offer savings to Discovery Bank clients on high-quality solar and back-up power services for their homes.

Understand and use your medical scheme’s screening and prevention benefits

1 June 2023 11:03

Issued on behalf of Discovery Health Medical Scheme (DHMS)
It’s all too easy to brush off that mild headache as being a by-product of a stressful day, too much coffee or too little water. But what if it isn’t? Sometimes seemingly insignificant niggles are signs of something else going on in the body. And sometimes, there aren’t any obvious signs at all.
In fact, some health conditions are e

Vitality Health International announces a partnership with Goodbye Malaria

25 April 2023 15:32

With World Malaria Day on 25 April, Vitality Health International, an innovative health insurer that rewards healthy living for employees in the rest of Africa (and owned by Discovery Group), has announced a partnership with social benefit organisation, Goodbye Malaria, to reduce the high incidence of malaria, a disease that is still taking an unrelenting toll on human health in Africa.

Cogence brings BlackRock to South Africa - A relationship that gives SA financial advisers access to the global investment universe

22 March 2023 10:42

Johannesburg 22 March 2023: Discovery Chief Executive Adrian Gore hosted BlackRock's EMEA Head, Stephen Cohen, in a virtual examination of the current state of markets, the importance of innovation and the principles underscoring the phenomenal growth of Discovery and BlackRock. The success of these organisations prefaced a discussion on how BlackRock’s expertise in global investment and Aladdin W

Discovery announces strong half-year performance, with significant progress in growth of its new businesses

23 February 2023 09:46

Discovery's strong half-year performance reflects the efficacy of the Vitality shared-value model, despite specific macro-economic challenges across each of its three composites, South Africa, United Kingdom and Vitality Global.

The Future of life insurance. NOW.

22 February 2023 16:39

Today Discovery Life announced the launch of Discovery Life Plan 3.0, a fully digitised customer experience that will become available from 17 March 2023. This new Life Plan is designed to provide clients with access to the most comprehensive suite of risk protection benefits, and experience them, simply and powerfully on the face of their mobile phone. This follows two decades of innovation in bu

Eyes on the horizon as turmoil turns to hope: A view of the markets for 2023

31 January 2023 14:53

Johannesburg, 31 January 2023 – Off the back of a tumultuous year for investors, 2023 is set to be one that marks the dawn of a new global market regime, requiring a new investment playbook. The following outlook is provided by Discovery Invest and its partners, Ninety-One, BlackRock, and Goldman Sachs (GSAM) – world leaders in asset management.
The consensus among them converges on the view th

The Ongoing Impact of COVID-19 on health and mortality

1 December 2022 15:05

While the worst appears to be behind us in terms of the climbing infections, high death rates and the economic impact of the global coronavirus outbreak, deaths due to cardio-metabolic (heart and nervous system) and cancer-related conditions are now strikingly high in this post-COVID world. This is according to annual Group Risk claims data released by Discovery Employee Benefits.

Vitality Health International is making waves in Africa

1 December 2022 10:24

Translations available in French, Arabic and Portuguese – view lower down. Since its launch in January 2022, Vitality Health International has been gaining momentum in bringing health insurance that rewards healthy living to employer groups in the rest of Africa.

The 19th Discovery Walter Sisulu Soccer Challenge: Soweto’s favourite football festival ready for kickoff

23 November 2022 15:16

Key Announcements:
The 19th edition of the Discovery Walter Sisulu Soccer Challenge will take place from 1-23 December 2022. Whilst the men’s category is full, some spaces remain for the u17 and women’s categories. Teams are encouraged to urgently secure their spots into Soweto’s number 1 diski challenge. Entries close on 30 November 2022.
Discovery and the South African Football Associati