The Discovery Bank Infinite Credit Card is an invitation to a world of exceptional financial privilege. Enjoy incredible discounts on international flights and a unique negative loan rate that puts you at an advantage. This card offers a truly unique experience.
Imagine having versatile Discovery Miles rewards that provide flexibility in how you use your points. From travel to everyday purchases, this card ensures you get the most value out of every transaction.
With affordable travel, advantageous financing, and the freedom to choose your rewards, the Discovery Bank Infinite Card is designed to cater to your diverse financial needs. Keep reading to discover why this card is the perfect choice for you.
About the Discovery Bank:
Discovery Bank is a leading South African financial institution known for its innovative approach to banking. It offers a range of products designed to integrate seamlessly with customers’ lifestyles, promoting financial wellness and rewards.
With a focus on technology and customer-centric solutions, Discovery Bank provides advanced digital banking services. Their offerings include personalized financial advice, comprehensive insurance options, and a unique rewards program that encourages healthy financial habits.
Discovery Bank is committed to security and reliability, ensuring that customers’ financial information is protected. Their reputation for excellence makes them a trusted choice for individuals seeking a modern and efficient banking experience.
Card Benefits
Vitality Money Integration: This feature helps you manage and improve your financial health. By maintaining good financial behaviors, you can achieve a higher Vitality Money status, which unlocks more rewards and benefits tailored to your financial habits.
Comprehensive Travel Benefits: Enjoy up to 75% off on local and international flights, free multi-trip international travel insurance, and unlimited access to over 1,200 airport lounges worldwide. Additionally, you get faster security clearance at major South African airports.
Real-Time Forex Accounts: You can open and manage Forex accounts in British Pounds, Euros, and US Dollars directly from the Discovery Bank app. This allows for real-time rates and fee-free transfers between your foreign currency and Rand accounts, providing convenience for international transactions.
Dynamic Interest Rates: Earn up to 2.5% interest on positive balances in your everyday accounts, up to 7.25% on demand savings accounts, and enjoy up to 7% less interest on your borrowing rates. This feature rewards you for maintaining good financial health.
Discovery Miles Rewards: Earn Discovery Miles on all qualifying credit card purchases and spend them on a wide range of products and services. On the 15th of each month, you can enjoy up to 30% off on selected purchases, maximizing the value of your rewards.
Personalized Service: Benefit from a dedicated relationship banker, access to the exclusive Discovery Purple Servicing channel, and the Discovery Purple Concierge team, ensuring that all your banking needs are met with exceptional service.
Advanced Security Features: The card includes advanced security measures such as facial recognition for app login, secure chip and PIN technology, and support for various digital payment methods like Apple Pay, Fitbit Pay, Garmin Pay, Google Pay, Samsung Pay, and SwatchPAY!, providing peace of mind for your transactions.
Discovery Bank Infinite Fees and Commissions
The Discovery Bank Infinite Card comes with a monthly fee of R644 and an annual card fee of R3,500. Cash withdrawals cost R3.50 per R100 at Discovery Bank ATMs and R6.50 per R100 at other ATMs. International transactions are charged at 2.75% of the transaction value.
Account payments are free for up to 30 transactions using Discovery Instant Pay or PayShap; beyond that, each transaction costs R4. Card replacement incurs a fee of R150, while declined transactions are charged R8 each.
Please note that fees and commissions are subject to change without prior notice. For the latest information, visit the official Discovery website.
Positive points
- Comprehensive Travel Benefits:Up to 75% off flights, free international travel insurance, and unlimited airport lounge access.
- Dynamic Interest Rates:Attractive interest rates on positive balances and reduced borrowing rates.
- Advanced Security Features:Includes facial recognition, secure chip and PIN technology, and support for various digital payment methods.
Negative points
- High Annual Fee:The card has a substantial annual fee of R3,500.
- Income Requirement:High minimum income requirement may not be accessible for all users.
- Transaction Fees:Costs associated with certain transactions, such as international fees and card replacement charges.
Credit card limit
The credit limit of the Discovery Bank Infinite Card ranges from R20,000 to R500,000, depending on the cardholder’s financial profile and credit assessment. This range ensures flexibility and caters to various spending needs.
Credit limits can be reviewed and adjusted through the Discovery Bank app, providing cardholders with control over their available credit and helping to manage their finances effectively.
How to apply for Discovery Bank Infinite
- Visit the Discovery Bank Website: Go to the official Discovery Bank website.
- Navigate to the Credit Cards Section: Find the section dedicated to credit cards and select the Infinite Card.
- Check Eligibility: Ensure you meet the minimum income requirement and other eligibility criteria.
- Complete the Application Form: Fill out the online application form with your personal and financial details.
- Submit Required Documents: Provide necessary documentation such as proof of income and identification.
How to contact Discovery Bank
Talking to discovery is easy:
- Phone: 0860 11 2265 (within South Africa) or +27 11 324 4444 (international)
- Email: [email protected]
Apply for the Discovery Bank Infinite Credit Card and experience unparalleled financial benefits and security.
