Banking fees guide
Discovery Bank Platinum Card Account
Effective from 1 January 2022
A credit card that does it all
Enjoy smart, efficient banking with an enhanced state-of-the-art credit card that’s interest free (for
selected transactions) for up to 55 days. It also comes with built-in transactional capabilities, a free
Vitality Savings Account and a single credit facility which lets you decide how to manage your credit.
The best part is – you only pay for what you use.
You’ll also enjoy getting financially healthier with Vitality Money. Save more and pay less with interest
rates that flex based on your banking behaviour. Plus boost your Vitality Health rewards1 with up to 50%
off local flights2, up to 50% back when you buy HealthyFood and HealthyCare items.
CREDIT CARD VISA PLATINUM
Fee structure Pay-as-you-transact
Monthly account fee R65
Monthly Vitality Money premium R35
Monthly single credit facility fee R30
Total monthly account fee R130
Monthly additional and secondary physical cards (optional) R35
Monthly additional virtual cards (optional) Free
Monthly Discovery Motor Card (optional) R35
Monthly additional credit card accounts (optional) R35
Health Pay Subscription (optional) Free
Once-off single credit facility initiation fee R150 if limit less than R2 000, else R175
Cash withdrawals: local ATM R4.50 + 1.75% of withdrawn amount
Cash withdrawals: local point of sale3 R2
Cash withdrawals: international ATM R65
Debit orders R3.75
Digital payments R2.50
Discovery Instant Pay (real-time payments) R10
Discovery Pay R2.50
Prepaid products and services purchases Free
Point-of-sale purchases: local and international4 Free
Cash deposits at Pick n Pay and Boxer stores R19.95 per R5 000
Inter-account transfers Free
Balance enquiry at ATM Free
Payment notifications Free
Own account notifications Free
Returned debit orders Free
Declined transactions Free
Currency conversion fee 2.75%
Card replacement fee One free, R160 afterwards
Forex Accounts and foreign currency transactions See Discovery Bank Forex Accounts and foreign transactions fees guide
1
If you have Vitality Money only, you qualify for up to 15% off local flights, and up to 25% back on qualifying HealthyFood and HealthyCare purchases.
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2
You qualify for six one-way local flights or three return local flights a year. This benefit applies to only the primary accountholder.
3
You can withdraw money at Pick n Pay, Checkers and Shoprite outlets, and selected Spar stores. Withdrawal amount limits may vary from one merchant to another.
4
Purchases include in-store and online payments using a physical card, virtual card or linked digital wallet like Apple Pay, Fitbit Pay, Garmin Pay, or Samsung Pay.
All fees include VAT.
Additional product or service fees may be charged. We’ll notify you of these charges before delivering the service.
Any new services or products we introduce may also have a fee. We’ll update this guide to include these fees to ensure you always stay informed.
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.
