How to Apply for your Discovery Bank Purple
The Discovery Bank Purple card offers unique benefits to its users. It is designed with unparalleled cashback on all purchases, and thousands of Discovery Miles, which can be exchanged with flights, cash, and shared with contacts on the Discovery app.
Some major benefits of this card are:
- Vitality Money Program: Enjoy a stack of rewards with the Vitality Money program. You will get up to 75% off on local and international flights. Additionally, global travel insurance, unlimited local and international airport lounge access, and faster security clearance at selected airports.
- Cash back: Discovery Bank Purple Suite has unparalleled cashback rewards. Receive up to 75% cash back on healthy groceries at Pick n Pay or Woolworths, 50% on personal care items at Clicks or Dis-Chem, 50% on baby essentials at Babies R Us, Toys R Us, or Dis-Chem Baby City, 20% on fuel purchases at BP and select Shell service stations, 20% on Uber rides. Moreover, earn 7.5% cashback on Bank-Integrated Discovery Life plan premiums.
- Discovery Miles: Discovery Miles is a Discovery reward currency that can be made cash, used to book holidays, or sent to contacts. You will receive 10 Discovery Miles for every R1 reward you earn back. You can earn more Miles using a virtual card and earn even more every week by participating in game board activities. Achieve your weekly spend, exercise, or drive goal to unlock up to Ð1,500, Earn up to Ð750 based on the number of Discovery products you have, and spend at partner grocery, pharmacy, or fuel stations to unlock up to Ð1,500.
- Spend and earn: Spend Discovery Miles and save up to 30% throughout the month. You can save 15% when purchasing with Discovery Miles at over 40 great online and in-store retail partners. Earn up to 30% off Miles Ð-Day, which is 15th of every month. Use Discovery Miles to purchase airtime, data, prepaid water, electricity, or digital vouchers on the banking app and save up to 15%. Also, you will get up to 15% off by spending them on rewards in the Vitality Mall.
- Travel benefits: You will get discounts on a wide range of local and international flights, holiday accommodation, car hire, and exciting travel experiences. Use this card and save up to 75% on local and international flights with partner airlines and an unlimited 10% off afterward. It has a discount on accommodation and car hire to make your travel experience memorable.
And:
- Personal assistance: You will be assigned a relationship banker to assist you 24/7.
- Banking benefits: On selected credit card transactions, you will get up to 55 days of interest-free purchases. You can make instant payments with Apple Pay, Fitbit Pay, Garmin Pay, Google Pay, Samsung Pay, and SwatchPAY.
Besides these, you can open a Discovery Bank Forex Account and manage it with the Discovery Bank app. This card is highly secure with an enhanced security system.
Prerequisites
This card is specially designed for high-net-worth individuals. To apply for this card, you need to earn more than R2.5 million a year. Besides income, you must be at least 18 years old and submit a South African ID, address proof, and pay slips.
About the Discovery Limited
Discovery Limited was founded in 1992 by Adrian Gore and Barry Swartzberg. The same year RMB Holdings (RMBH) acquired a stake in Discovery Limited and became a subsidiary of Momentum Group. It’s a financial services and insurance company.
Discovery launched Discovery Health in 1993 and Vitality in 1997. It expanded into the UK in 2004 with PruHealth, and in 2007, introduced Discovery Invest. The company began international expansion by acquiring a stake in Ping An Health in China in 2009.
In 2014, Discovery rebranded its UK operations to VitalityHealth and VitalityLife and expanded into Australia. It continued global expansion, launching products and forming partnerships in various countries, including the US, Canada, Japan, and European countries.
In the following years, Discovery entered emerging markets in Africa and Asia. By 2021, it launched Vitality Health International and expanded into new markets in Latin America and Europe. In 2022 and 2023, it continued to grow its global presence in Africa, Asia, and Eastern Europe.
Who is this card for?
The Discovery Bank Purple Suite card is for high-net-worth individuals. This card requires an annual income of more than R2.5 million. It will charge you R644 per month as an account fee and R3,500 a year as an annual card fee.
This card has exclusive cashback and rewards for grocery shopping, travel, daily banking, and more. You can earn more when you spend more. So, for any high-net-worth individual looking for a card to serve day-to-day purposes this card will be the best choice.
Step by step to apply for the card
You can apply for this card with a Discovery Bank account. To open an account visit their website, a Discovery Bank branch, or call them at 0860 000 628. Once you have the account, you can apply for a Purple Suite card with the account.
To apply online
- Click on the Get started.
- Submit what benefit you want.
- Submit your information.
- Select the card you want to order.
To apply with the mobile app
- Tap on account.
- Tap the menu on the top right corner.
- Tap on Add an account.
- Submit your income and other information .
You can also visit a branch and tell them to assist you in applying for the card.
Positives and negatives of the card
Like all the cards in the market, Discovery Bank Purple Suite has positive and negative sides.
Positive sides
- Stack of cashback rewards.
- Get assistance from a relationship banker assigned to you.
- Save up to 75% on local and international flights.
- Earn Discovery Miles for every R1 reward you earn back.
- Rewards on banking products, and any other Discovery Group products.
- Spend Miles and save up to 30% throughout the month.
- You can earn more Miles using a virtual card.
- Game board activities let you earn more Miles.
- Up to 55 days of interest-free purchases.
Negative sides
- This card requires a very high annual income.
- It is very costly to manage.
How to unlock the card?
To activate the card follow the instructions given at the backside of the card or call them on 0860 000 628 for assistance.
Fees and tariffs
Discovery Bank Purple Suite has an annual card fee of R3,500 and a monthly account fee of R644. The monthly account fee includes an account fee of R490, a Vitality Money premium of R85, and a Single credit facility fee of R69. There is no charge for additional virtual cards and transaction fees. See here.
Customer service
Call them at 0800 07 96 97 24/7 for assistance and if you face any fraudulent or stolen cards reach them at 011 324 4444. Their customer service is available 24/7.
Discovery Bank has a separate app for each product. The mobile app is available on the website. Follow their social Facebook and LinkedIn.