Dynamic Interest Rates are a way you can save more and pay less. Through this program, you can get up to 4.5% interest on positive balances, up to 5.5% on-demand savings, and up to 4% less on borrowing rates.

Additional physical and secondary cards purchased each month also carry a monthly fee of R40, as do any additional credit card accounts opened. Cash withdrawals made at a local ATM will incur a cost of R5 plus 2.25% of the amount withdrawn, while withdrawals made at POS terminals in South Africa cost R2, and those made abroad cost R80. Lastly, it should be noted that currency conversions undertaken via this card are charged at 2.75%, along with a flat-rate first card replacement fee for lost or stolen cards.

Enhance your spending power and take advantage of exclusive benefits with the Discovery Bank Black Card. Activate it through their app or website, then start earning cashback rewards on online and in-store purchases! Plus, access a wealth of travel, lifestyle & insurance perks that come included when you sign up for this ultra-luxurious card.