Discovery Limited

SpendTrend25 tracks how consumer spending habits have evolved between 2019 and 2024 among Discovery Bank clients and the broader South African population.

10 April 2025 12:00

S.Africans still feeling pressure, with busy lifestyles increasing the need for convenience and digital services: SpendTrend25 report

Johannesburg, 10 April 2025 – Discovery Bank and Visa today released their new SpendTrend25 report, their third annual collaborative report of South African consumer spending habits based on an in-depth analysis of credit card spend data. Combining their extensive datasets and analytical expertise, SpendTrend25 tracks how consumer spending habits have evolved between 2019 and 2024 among Discovery

27 January 2025 11:58

Discovery Bank Festive SpendTrend 2024/2025: Clients’ book 18,000 flights and fly 320 million kilometres

Johannesburg – 27 January 2025 – Discovery Bank, today, released an analysis of its client transaction data during December 2024. It highlights interesting festive spend behaviours among the Bank’s clients and the value derived from their travel and lifestyle rewards.
Hylton Kallner, CEO of Discovery Bank, says, “The December holiday period is known as a time of increased spending. So, it’s n

Discovery Vitality’s new research emphasises that the choices we make in the grocery aisle not only influence what we eat but can also have a great impact on our overall wellbeing and health outcomes.

1 September 2024 12:57

Buying healthier food reduces the likelihood of becoming obese by 13%, Vitality research shows; Vitality enhances HealthyFood rewards

Johannesburg, September 1, 2024- Discovery Vitality’s latest research shows that regularly purchasing healthy food can lead to a 13% reduction in the risk of becoming obese.
“Purchasing behaviours have a profound influence on our dietary habits, which are linked to dietary risk factors that contribute to over 7 million deaths globally per year. Our latest research underscores the health risks

A Discovery insights paper gives details about the additional value clients get from Ðiscovery Miles, making this currency, integrated across Discovery products, more valuable than cash

30 July 2024 15:56

Rewarding positive behaviour with over 10 billion Ðiscovery Miles in 2024

Johannesburg, 30 July 2024 – Discovery, today, released a paper on the value Discovery Vitality members get from Ðiscovery Miles, the currency used to give clients rewards for positive behaviours across the integrated Health, Drive and Money behaviour-change platforms.

Highlights from the research:
In 2024 alone, Discovery Vitality members are expected to earn more than Ð10 billion with

Visa and Discovery Bank have announced the Spendtrend23 report, aimed at identifying and understanding shifts in consumer spending behaviour during and after the COVID-19 pandemic.

8 March 2023 12:39

SpendTrend23 report by Visa and Discovery Bank points to price inflation driving grocery spend and loadshedding influencing takeout meal consumption

In a landmark collaborative initiative, Visa and Discovery Bank today announced their Spendtrend23 report, which is aimed at identifying and understanding shifts in consumer spending behaviour during and after the COVID-19 pandemic.

30 August 2022 09:02

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.

9 December 2021 15:05

Discovery Bank and Vitality Money clients spent 600 million Discovery Miles this November

Discovery Bank and Vitality Money clients spent 600 million Discovery Miles, adding up to R100 million in purchases, this November.
Discovery Bank extended its Discovery Miles Đ-Day, held on the 15th of every month, to include the full Black Friday weekend from 26 to 28 November. Miles Đ-Day is an opportunity for Discovery Bank and Vitality Money clients to get up to 40% off when spending their

Qualifying Discovery Bank clients can double their Discovery Miles discounts on purchases made at retail partners between 26 and 29 November 2021

24 November 2021 11:36

Bigger Miles Ð-Day discounts for a Black Friday Weekend Takeover

Johannesburg, 24 November 2021 — Discovery Bank today announced additional discounts for an extended period for this upcoming Black Friday. As part of a Miles Ð-Day Black Friday Weekend Takeover, qualifying Discovery Bank clients can double their Discovery Miles discounts on purchases made at retail partners between 26 and 29 November 2021.
“Discovery Miles are already more valuable than cash w

13 August 2021 08:47

Discovery Miles Đ-Day bigger than Black Friday

Johannesburg, 13 August 2021– In July, Discovery Bank and Vitality launched its new Discovery Miles Đ-Day campaign. Hylton Kallner, CEO of Discovery Bank, explains that Discovery has created a new mid-month spend occasion that adds even greater value to the spending power that Discovery Miles already offer to all Vitality Money, Health and Drive clients as part of the group’s shared-value rewards.

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 online at over 40 Discovery Miles partners.

12 July 2021 10:31

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 ranked #1 insurer in the BrandZ Top 30 Most Valuable South African Brands 2019

6 September 2019 16:19

Brand ranking puts Discovery as one of the most valuable brands in the country

The announcement of the Brand Z Top 30 Most Valuable South African brands 2019 put a spotlight on brand resilience in the context of a challenging macroeconomic climate. This being the second year in which BrandZ has ranked South African Brands, Discovery Limited ranked at number seven, with a brand value of $1.6 billion.

Topics: Retail