Discovery Credit Card Reviews: Complete Guide
Did you know that with Discovery credit card you get a piece of mind to the need of financial assistance?
Are you looking for a cutting-edge credit card with integrated full transactional capabilities, including the ability to send and receive EFT payments, send and receive third-party debit orders, and receive salary deposits, as well as up to 55 days of interest-free transactions on a select list of credit card transactions?
Or do you prefer to maximize your rewards and benefits by switching to a full banking package that includes an upgraded, cutting-edge credit card paired with an improved transaction account that will give you the most flexible credit facility available and the flexibility to choose how to divide your credit between your credit card and overdraft?
Discover and contrast Discovery Bank's credit cards and comprehensive banking offerings to find the ideal package for you.
Discovery Credit Card Reviews
For a range of earnings, Discovery Bank offers credit cards.
Four distinct credit cards are available from the company: Gold, Platinum, Black, and Purple.
The purple credit card won't be included in this evaluation because it can only be obtained through special invitation.
We will evaluate each credit card and contrast it with other credit cards of a similar type from various banks, highlighting each card's advantages and disadvantages.
Features, rates, rewards, and terms for each card will also be introduced.
We'll also provide you some advice on how to begin your application for a discovery credit card.
Discovery Platinum Credit Card
For the same card, Discovery Bank charges less for instant payment than Standard Bank and FNB.
Discovery costs R10 for quick payments with its Platinum Credit Card, compared to R50 and R12.50 from FNB and Standard Bank.
Discovery Bank is the only bank that gives rewards of up to 50% when purchasing food, exercise gear, and health-related items, and no other bank does so with a platinum card.
Benefits
- You can place debit orders and EFT payments using your credit card since it has built-in transactional capabilities.
- For transactions made with a credit card, you have up to 55 days interest-free.
- You receive Vitality Money, which offers enhanced Vitality discounts and benefits while rewarding you for banking more healthfully with dynamic interest rates.
- You may get up to 50% back on healthy food as an incentive.
- Additionally, you receive improved payment options including tap and go, Fitbit Pay, Garmin Pay, and Samsung Pay.
Charges
- R60 Monthly service fee
- R30 Monthly vitality fee
- R30 Monthly single credit facility fee
- R4 withdrawal at local arm plus 1,5% of withdrawal amount
- R65 withdrawal at international ATMs
- R10 discovery instant pay
Rewards
- Rate reduction of up to 6% on borrowing.
- Your demand savings rate has a maximum yield of 6.5 percent.
- On the money in your regular checking accounts, up to 5.5%.
- On HealthyFood, HealthyCare, and HealthyGear purchases, you can receive up to 50% back.
- At Shell and BP, gasoline can be returned up to 15%.
- For Uber journeys, you can receive up to 15% back.
Application Requirements
- Must be 18 years or older
- Have a South African ID
- Earning between R350,000 to R850,000.00
Discovery Gold Credit Card
A top-tier credit card is the Discovery Gold Credit Card from Discovery Bank.
This isn't your standard first-tier credit card when compared to the credit cards provided by the top five banks in the same category.
The card offers benefits for adopting a healthy lifestyle, making responsible purchases, and more.
This card offers better value than a gold credit card because it comes with free comprehensive travel insurance and free cash deposit at a nearby Pick 'n Pay.
Charges
- R30 monthly fee
- R15 monthly vitality premium
- R30 Monthly single credit card facility
- R4 withdrawal at local arm plus 1,5% of withdrawal amount
- R65 withdrawal on international ATMs
- R10 discovery instant pay
Rewards
- Rate reduction of up to 6% on borrowing.
- Your demand savings rate has a maximum yield of 6.5 percent.
- On the money in your regular checking accounts, up to 5.5%.
- HealthyFood offers up to 40% in rebates.
- Shell and BP provide gasoline rebates of up to 10%.
- For Uber journeys, you can receive up to 10% back.
- Spend responsibly and reach your weekly financial goal to get extra weekly incentives.
Benefits
- Your credit card has built-in transactional capabilities, so you can use it to make EFT payments and debit orders, for example.
- The interest-free period for credit card transactions is up to 55 days.
- You receive Vitality Money, which rewards you for doing more responsible banking by increasing Vitality discounts and benefits.
- You can receive up to 50% back on healthy food as an incentive.
- Additionally, you receive improved payment options including tap and go, Fitbit Pay, Garmin Pay, and Samsung Pay.
Application Requirements
- Must be 18 years or older
- Have a South African ID
- Earning up to R350,000.00
Discovery Black Credit Card
When I consider a black card, the word "wealth" is the first thing that comes to mind.
The best cost-effective solution is to hire someone to handle your banking for you because doing it yourself may occasionally be tiresome.
Obtaining a Black Card from Discovery Bank is all you need to do!
A Discovery Black Credit Card comes with a private banker committed to assisting you with your financial needs.
You are welcome to contact us any time you need assistance or advice, day or night, seven days a week.
You'll benefit from speedier incentives as well as having your own personal banker, something Discovery Bank is recognized for.
Charges
- R4 withdrawal at local arm plus 1,5% of withdrawal amount
- R65 withdrawal at international ATMs
- R10 discovery instant pay
- R110 monthly service fee
- R45 monthly vitality fee
- R30 monthly single credit facility fee
Rewards
- Up to 6% off your borrowing rate.
- You can get up to6.5 % on your demand savings rate.
- Up to 5.5% on the money in your everyday accounts.
- You can get up to60% off local flights and up to 50% off international flights.
- Up to 50% back on HealthyFood.
- 50% back on HealthyCare and HealthyGear items.
- You can get up to 15% back on fuel at Shell and BP.
- Up to 15% back on Uber trips.
- Earn more weekly rewards for responsible spending and meeting your weekly money goals.
Benefits
- You may place debit orders and EFT payments with your Discovery Black credit card thanks to its integrated transactional features.
- For transactions made with a credit card, you have up to 55 days interest-free.
- You receive Vitality Money, which offers enhanced Vitality discounts and benefits while rewarding you for banking more healthfully with dynamic interest rates.
- Up to 60% off domestic flights and 50% off international flights are among your incentives.
- More than 1000 airport lounges across the world are yours to attend six times for free each year with a guest.
- Additionally, you receive improved payment options including tap and go, Fitbit Pay, Garmin Pay, and Samsung Pay.
Application Requirements
- Be 18 years or older
- Have a South Africa ID
- Earn R850,000.00 or more
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