Why Discovery is the bank for you

Why Discovery Bank is the bank for you

Discovery Bank does banking differently. And because we do banking differently, you get unique benefits and rewards. Whether you choose a day-to-day transaction account, a credit card that does it all, or get the power of both with our full banking suite, you'll get the rewards you deserve for managing your money well.

Here's why you'll love banking with us:

1. You share in the value you create

We're a shared-value bank designed to share the value that you create by managing your money well, back with you through unprecedented interest rates, retail and travel discounts, as well as many other lifestyle and shopping rewards.

2. You can improve your finances

Through Vitality Money, you get the tools to become financially healthier. When you join, we'll give you a Vitality Money status based on how you're doing across five financial behaviours:

1. Spending less than you earn.
2. Saving regularly.
3. Paying off property.
4. Investing over the long term.
5. Making sure you have the right insurance in place.

Once you get a Vitality Money status, we'll help you improve your financial health through nudges, targets, and a range of tools. Plus, when you improve your status, you improve your rewards.

3. You save more and pay less with Dynamic Interest Rates

Wouldn't it be great if your bank offered you better interest rates when you manage your money well? Discovery Bank does just that. Now, for the first time, you can control your interest rates. Get a lower borrowing rate, a higher interest rate on your savings, and a higher interest rate on money in your everyday account when you manage your money well. Plus, you'll have access to a range of savings options to choose from and be able to negotiate personalised rates on large deposits.

4. You can boost your Vitality rewards

By managing your money well, you'll improve your Vitality Money status. With Discovery Bank, a higher Vitality Money status means you'll enjoy boosted Vitality rewards like:

• Up to 75% back on HealthyFood items from Pick n Pay or Woolworths
• Up to 50% back on HealthyCare purchases from Clicks or Dis-Chem
• Up to 100% savings on gym membership.
• Up to 75% off fitness devices and Nike performance gear.

5. Your Discovery Miles are more valuable than cash

Discovery Miles* is Discovery's one rewards currency that you can earn for getting healthy, driving well and spending responsibly. There are so many ways that you can earn thousands of Discovery Miles each month. And as a Discovery Bank client, you'll get more ways to earn and spend Discovery Miles than ever.

With Discovery Bank, you can get up to 20% off throughout the month when you use Discovery Miles to buy airtime, data and electricity on the Discovery Bank app, and shop in-store or online at our Discovery Miles retail partners.

Plus, with Discovery Miles D-Day, we'll double your Discovery Miles discount to up to 40% off at over 40 in-store and online partners for 24 hours on the 15th of every month. How does up to 40% off at takealot.com sound?

6. You have a bank branch in the palm of your hand

Experience a truly digital, innovative and intuitive banking experience. You can manage all your banking from the Discovery Bank app. It has hundreds of features, making daily banking a breeze. Join, set up your profile, manage your account, find information easily and customise your experience using our app..

7. Payments and shopping has never been easier

You'll have a number of easy ways to pay. Discovery Pay lets you use just a cellphone number to make payments in seconds, or you can use your virtual cards to enjoy greater convenience and security when shopping.

Plus, with Health Pay, you can link your Discovery Bank debit or credit card to your Discovery Health Medical Scheme membership to instantly settle medical co-payments at pharmacies like Clicks and Dis-Chem, hospitals and other medical service providers. And don't forget, you can also make payments on the go with Apple Pay, Fitbit Pay, Garmin Pay and Samsung Pay.

Join us and join in the rewards

With all this and more, what are you waiting for? Join Discovery Bank by downloading the Discovery Bank app and get rewarded for managing your money well today. You can also call us on 0800 07 96 97 or leave your details and we'll call you back.

To learn more about Discovery Bank, visit our website for features and benefits.

^{Discovery Bank Limited. Registration number 2015/408745/06. An authorised financial services and registered credit provider. FSP number 48657. NCR registration number NCRCP9997. Limits, terms and conditions apply.
Discovery Vitality (Pty) Ltd. Registration number: 1999/007736/07. Terms, conditions and limits apply.
*Discovery Miles do not constitute currency or any other medium of exchange in circulation in South Africa.}