Discovery Bank 4+
Bank Healthier
Discovery
-
- Free
iPhone Screenshots
Description
Discovery Bank is a shared-value bank. The Future of Banking. Now.
Welcome to the future of Banking. We’re the world’s first fully digital shared-value bank. Sign up in under 5 minutes anytime, anywhere and have your bank branch in the palm of your hand.
Discovery Bank offers market-leading interest rates, revolutionized digital payments and a banking experience that makes life easier, more exciting and of course, more rewarding.
Here are just some of the features our app has to offer:
Your bank at your fingertips:
o Sign up in under five minutes and get access to your free virtual card to begin transacting immediately.
o Get fast, easy access to credit when you need it most.
o Bank safely and conveniently: Manage and track your cards, accounts and rewards all in one place. Instantly change a PIN, and securely pause or stop your cards.
o Get alerts so you always know what’s happening with your accounts.
o Buy prepaid products such as airtime, data, SMS bundles, water and electricity and get up to 20% off when you pay using Discovery Miles.
o View and download your bank statements, account confirmation letters, and tax and deposit certificates whenever you need them.
Pay anyone quickly, safely and easily:
o Apple Pay is here. Enjoy a safer, more convenient way to pay.
o Make payments to any of your cellphone contacts who are Discovery clients, regardless of who they bank with Discovery Pay.
o Enjoy safer, convenient payments and shopping with our virtual card. Shop online or use it to tap-and-pay in store with Fitbit Pay, Garmin Pay and Samsung Pay.
o Set up Health Pay to pay your medical expenses at pharmacies, hospital and medical service providers.
Get exclusive access to Vitality Money:
We all want to be financially healthier. Imagine a bank that shows you how and helps you get there, while rewarding you along the way.
o Understand and track your financial health while unlocking incredible rewards.
o Reach your goals by engaging with your five key financial behaviours to reach a higher Vitality Money status.
o Get rewarded on your healthy grocery shopping, personal care, fitness devices, sports gear and equipment, and so much more!
o With Dynamic Interest Rates you can even boost your interest earned by an extra up to 1.5% on your demand savings and cheque accounts and pay up to 6.75% less on your credit.
Earn Discovery Miles, a rewards currency like no other:
- Earn Discovery Miles – our rewards currency more valuable than cash - when you exercise, drive well or spend your money responsibly rewards currency that’s more valuable than cash.
- Save up to 20% when you spend them in-store and online, or convert them into travel rewards, use them to pay a contact or convert them to cash.
o View, manage and pay using your Discovery Miles Account in your banking app.
Reach your savings goals faster:
o Reach your savings goals faster! Open free savings accounts and earn market-leading interest rates.
Don’t just take our word for it:
5/5
"Wow! Digital Banking at its best!" - Albert J
5/5
“I had to install the Discovery Bank App and it was the easiest application I have ever completed. Everything was done (uploads of Proof of Address, Payslips etc.) on the app and it was very user friendly. I am really very impressed.” – David S
Best Bank with great benefits
“Since I have joined Discovery Bank, I have been totally satisfied. Everything they promised is what they deliver.” – Marilyn N
What’s New
Version 5.3.0
Home loan functionality has been added to the Bank App in this release. This functionality will be feature toggled on in a phased approach and may not be available immediately after download.
Ratings and Reviews
Terrible bank. Don’t recommend.
If I could I would give them half a star honestly. I opened a savings account with them, chose the geological address system and after a week they blocked my account saying they wanted physics documentation that verifies my address. I submitted those documents but they claimed they did not receive them. I’ve continued to upload them as they refuse to take them via email even though they claim they aren’t receiving them on the app. I have to run after them to get my bank account unblocked and it’s been over a week now and I’m still dealing with the same issue. They are running around in circles without resolving my issue. I’m so discouraged, after they fix this issue I’m closing my account, worse mistake of my entire life.
Right idea, poor execution
The whole idea around a digital behavioural bank is great. However the real everyday client value is much over muchness. You can’t receive international currency, you don’t get any meaningful international assistance (expect a huge phone bill if you have to call them with any issue from overseas). Small simple things available with other banks in app aren’t with Discovery, things like changing where your OTP goes to (no e-Mail option, if you travel you’ll need to get a local sim at every destination to provide a cell number, then call their call centre at a huge expense to change it, then await a security call to authorise it, then wait for the actual process to execute on their end before your fancy card will work for online purchases), some things are ridiculous. There is no available e-mail correspondence and they give you the same old run around on the phone of department to department trying so solve a simple Problem, only up until recently you had to specially request stamped account statements, and because there is no physical branch for most things you have to simply call them and wait for them to sort out any issue you’re having and just trust that they are doing it.
Some great ideas, but they are still at the beginning of their learning curve and it can be very frustrating if you‘re on the flat end of the curve as a client needing a working bank card as I recently found out.
Pathetic customer service and the app is not user friendlly!
I’m very discouraged by Discovery bank. I have a credit card with them and use it as a debit card, making sure I always either deposit money before or after using the one on the card to make sure I’m not owing them). However from March this year I have been seeing weird debit transfers from supposedly the main credit card account to the budget facility, random amounts daily. It’s so confusing and I dnt even understand what is happening on my account. I tried calling the call centre today and they just told me that they have system issues with debits going off from the main accounts to a budget facility and are currently investigating(no communication to clients on this whatsoever). They couldn’t even explain thoroughly what is actually happening in my account like other Banks would:( I’m super confused and frustrated! The app is very confusing, you dnt even understand what is happening on the many accounts added there. I feel like I’ve lost control of my money as I do not understand what is happening there! I do not even know when I’m getting feedback regarding my query😭 disappointing discovery!!! I’m cancelling this card very soon, I cannot go on like this!!!
App Privacy
The developer, Discovery, indicated that the app’s privacy practices may include handling of data as described below. For more information, see the developer’s privacy policy.
Data Linked to You
The following data may be collected and linked to your identity:
- Diagnostics
Privacy practices may vary based on, for example, the features you use or your age. Learn More
Information
- Provider
- Discovery Bank LTD
- Size
- 252.5 MB
- Category
- Finance
- Compatibility
-
- iPhone
- Requires iOS 13.0 or later.
- iPod touch
- Requires iOS 13.0 or later.
- Languages
-
English
- Age Rating
- 4+
- Location
- This app may use your location even when it isn’t open, which can decrease battery life.
- Copyright
- ©Discovery Limited
- Price
- Free
Supports
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Wallet
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