Discovery Bank

10 reasons why you’ll love banking with us:

1. We're a bank that gets behind you
Our main goal is to improve your financial health. We’ll help you change how you work with your money by guiding, motivating and rewarding you for getting financially healthier.

2. Vitality Money improves your financial health
Through Vitality Money, you'll learn more about what it means to be financially healthy. You can track your progress on our app and enjoy rewards as you get financially healthier.

3. Get rewarded with Dynamic Interest Rates
By improving your Vitality Money status, you’re in control of your Dynamic Interest Rates. By banking healthier, you’ll get better interest rates on savings and lower interest on credit.

4. Boost your Vitality rewards
With Vitality Money, you get even more rewards from Vitality partners like up to 100% cash back on your gym membership, up to 75% off flights, up to 75% cash back on HealthyFood, and more!

5. Vitality Active Rewards
Meet your money goals and earn weekly rewards like coffee, smoothies or shopping vouchers, and more. You can also choose to save your rewards as cash in your Vitality Savings Account.

6. Your branch is in the palm of your hand
Our banking app has hundreds of features. You can sign up in minutes with a selfie and without any paperwork. Control how you see your accounts and transactions and add new accounts and cards with just a few taps.

7. Pay anyone quickly, easily and safely
Pay using just a cellphone number or make instant payments in seconds; linking your Discovery Health Medical Scheme to your account so you can settle medical co-payments instantly at Dis-Chem or Clicks; and tap-and-go payments with Fitbit, Garmin and Samsung Pay.

8. Manage your money better as a family (coming soon)
Bank as a family and manage your money better, together. Add members to your account in seconds, share your credit, and work towards your financial goals together. And everyone gets to share in the rewards too.

9. You get one bank account that does it all
Enjoy smart and efficient banking with the Discovery 1 Account. Get a state-of-the-art credit card that you can also use for your bank account – with one interest rate and one fee. Plus, all your cash backs and discounts will be paid into a built-in Vitality Savings Account.

10. Get more value with the Discovery products you have
If you’re already part of the Discovery family, your bank account will give you even more value with:
• Boosted Vitality rewards
• Seamless medical-co-payments
• Immediate 48-hour short-term insurance cover
• Discounted life insurance
• Enhanced investment returns.

How to Join Discovery Bank:
We’re currently taking a limited number of applicants every day so for now you will only be able to open an account if you have received an invite.

In the meantime, you can still register with us and reserve your timeslot to sign up.

• Download the Discovery Bank app and tap Join the Bank to register
• Verify your cellphone number and register with your selfie
• Confirm your details, build your account and accept your offer
• Finish your application, choose where to deliver your card and set up your accounts
• Customise your banking, add more accounts, secondary cards and family members in minutes.
• Unlock rewards with Vitality Money and Vitality Active Rewards

Discovery Bank Limited. Registration number 2015/408745/06. An authorised financial services and registered credit provider. FSP number 48657. NCR registration number NCRCP9997.

By downloading the Discovery Bank app you give consent to Discovery Bank to contact you.

Terms and conditions apply.

Safety and security

Keeping your money and personal details safe is really important to us which is why we have used market leading technology from all over the world to make sure we have the highest. security measures in place.