Discovery Bank

Discovery Bank Ltd

About this app

Discovery Bank is the next generation in digital banking. The Future of Banking. Now.

Welcome to the world’s first fully digital shared-value bank. Sign up in under 5 minutes anytime, anywhere and have a bank branch in the palm of your hand.

Discovery Bank offers some of the best interest rates in the market, revolutionised digital payments and SA’s best client experience that makes life easier, more exciting, and more rewarding. Unlock a world of rewards with Discovery Miles – the rewards currency worth up to 30% more than cash - and access Vitality Travel and get up to 75% off local and international flights.

A full bank branch at your fingertips:
o Sign up in under 5 minutes, get a free virtual card and start transacting immediately.
o Manage your cards, accounts, and rewards in one place.
o Instantly change a PIN, and pause or stop cards.
o Manage in-app and email notifications so you’re always in the know.
o Download certified bank statements, account confirmation letters, and tax and deposit certificates anytime.
o Get client support 24/7/365.

Pay anyone, anywhere, anytime:
o Real-time payments from only R1.
o Make instant payments to your Discovery client contacts without banking details with Discovery Pay.
o Generate virtual cards in seconds for safer, more convenient, and more rewarding payments.
o Tap-and-pay with Apple Pay, Fitbit Pay, Garmin Pay, Google Pay, Samsung Pay and SwatchPAY!.
o Skip queues and automatically settle medical expenses at pharmacies, hospitals, and medical service providers with Health Pay.

Access products that enrich your life:
o Get exclusive access to Vitality Money, which helps you track and improve your financial behaviours and rewards you when you do.
o Choose an account right for you – from day-to-day banking, a credit card, or full banking suite.
o Open unlimited free savings accounts in minutes and earn market-leading interest rates.
o Get credit of up to R1,000,000 with immediate access when you need it.
o Apply for a home loan on the app, get up to 100% financing and a preliminary offer in 5 minutes.
o Open British Pound, Euro and US Dollar Forex accounts in minutes for seamless foreign currency transactions anywhere in the world.

Upgrade your travel experience with Vitality Travel:
o Enjoy an enhanced travel experience with Vitality Travel by Discovery Bank.
o Get up to 75% off local and international flights.
o Use the Discovery Bank app to browse local and international flights by airline, cabin class, fare type, stops and times.
o Pay seamlessly from your cards and accounts, or with Discovery Miles.
o Get exclusive access to The Lounge, by Discovery Bank and SAA, for an elevated pre-flight experience.
o Skip the queues at security clearance and car hire with Priority Fast Track and Europcar Ready2GO.

Unlock a world of rewards:
o Up to 75% off local and international flights
o Up to 75% back on HealthyFood items at Checkers and Woolworths
o Up to 50% back on HealthyCare items at Clicks and Dis-Chem
o Up to 20% back on fuel spend at bp and select Shell stations
o Up to 20% back on Uber rides

Earn and spend Discovery Miles:
o Earn Discovery Miles every time you use your Discovery bank virtual card.
o Earn Discovery Miles through Vitality Active Rewards (when you exercise, drive well, or spend responsibly), and for Vitality lifestyle rewards (like up to 75% back in Discovery Miles when buying HealthyFood items).
o Use Discovery Miles to pay and save up to 15% when you spend them in-store and online every day – this doubles to up to 30% off on Miles D-Day on the 15th of every month.
o Buy prepaid products like airtime, data, SMS bundles, water and electricity and get up to 15% off.
o Buy entertainment vouchers for Blu Voucher, PlayStation Store, Roblox, Spotify and more – with up to 15% off select vouchers.
o You can also use Discovery Miles to pay for travel, send them to your contacts or convert them to cash.

Ratings and reviews

Great features and extremely powerful. You can pretty much do everything from the app. The most frustrating bug is that it often logs you out midway through a transaction if you navigate away. This is immensely irritating if you are trying to pay someone and have to navigate to another app like Whatsapp to copy an account number only to be logged out of banking.....meaning you have to o through the entire, and painfully secure, login process again. Other than that, it's great.

Easy to use and I love that the Financial Analyzer Tool. Really helps with the budget and seeing where I can manage my finances better. Also love that it reminds me of various financial aspects of life like debt, savings, retirements and assets. I won't say the app is perfect, but it is user friendly and the Vitality money is a great tool.

App is not bad, FNB is way better it takes time to get use to having less. Complicated to get everything setup. You cant do upgrades or applications easily on the app, you still need human interaction. To gain the benefits of the product, you must a full suite...something they don't tell you!

What's new

You can now view historical payments to a beneficiary within the beneficiary payment flow.