Discovery Bank Gold Card review: Flexible interest rates

Read this Discovery Bank Gold Card review and learn about this card's healthy living rewards, competitive rates and more!


by Danilo Pereira

Published on 03/02/2023

A credit Card with Rewards for Healthy Living and Free Travel Insurance: Discovery Bank Gold Card

Is this a good credit card? Read on to find out! Source: The Post New.

Looking for a credit card that rewards you for healthy living and offers free travel insurance, while also providing competitive rates? Here is our Discovery Bank Gold Card review.

Discovery Bank Gold Card

How to get your Discovery Bank Gold Card

In this Discovery Bank Gold Card application guide you will learn how to get this awesome rewards card in just a few minutes.

  • Requirements: Not specified.
  • Initiation Fee: None.
  • Monthly Fee: R30.
  • Rates: Based on banking behavior.
  • Rewards: Discovery Vitality Money rewards, up to 75% cash back on healthy food purchases, up to 20% back in miles rewards on fuel purchases at BP and Shell Garages

This card is ideal for frequent travelers who want to earn rewards and enjoy luxury perks while avoiding foreign transaction fees. Read on and learn all you need to know about it!

Discovery Bank Gold Card: how does it work?

The Discovery Bank Gold Card is an excellent credit card for individuals earning between R100,000 and R350,000.00 per year. 

It offers value for money with free comprehensive travel insurance and free cash deposit at local pick n pay supermarket. 

The monthly credit facility fee is R35.00, and credit cardholders can boost their rewards earnings with Vitality Money Premium. This has a monthly subscription fee of R25.00. 

As a Gold credit cardholder, you can get up to 40% back on healthy food purchases with Vitality Money Premium. 

You can also get up to 10% back on Uber rides and fuel purchases made with the credit card.

The card has a competitive advantage over other credit cards as it offers free POS swipes for both domestic and international transactions. 

Pick n Pay cash deposits, interbank transfers, returned debit orders, and denied transactions are also accepted. 

You can earn rewards for good driving habits, eating well, and staying in shape, among other things. 

You earn points for saving money that you cannot get from any other bank except Discovery Bank.

One disadvantage of the Discovery Bank Gold Card is that it charges an R65 fee if you make ATM withdrawals outside of the country. It also charges a 2.75% currency conversion rate. 

In contrast, there are no currency conversion or withdrawal fees when using the Capitec Bank Gold Credit Card to make purchases abroad.

The Discovery Bank Gold Card has a total monthly account fee of R90. It includes the monthly account fee of R30, monthly Vitality Money premium of R25, and single credit facility fee of R35.

There are additional fees for secondary physical cards, additional virtual cards, Discovery Motor Card, additional credit card accounts, and cash withdrawals. 

However, point-of-sale purchases are free, as are inter-account transfers and balance enquiries at ATMs.

Significant benefits and disadvantages you may find

Use this card for your grocery shopping too. Source: Freepik.

Now that you are familiar with this card’s details, let’s compare its pros and cons. Our Discovery Bank Gold Card review would be incomplete without it.

Have a look at the list of benefits and disadvantages below.



  • High rewards on purchases.
  • Wide range of rewards options.
  • No foreign transaction fees.
  • Good customer service.


  • High annual fee.
  • High APR for some.
  • Limited acceptance in some countries.
  • No intro APR period.

Is a good credit score required for applicants?

Yes, the Discovery Bank Gold Card requires a good credit score for applicants to qualify.

Learn how to apply and get a Discovery Bank Gold Card 

How do you like what you’ve seen in this Discovery Bank Gold Card review? If you feel like taking the next step and getting this card, just click the link below and we’ll show you how to do it.

Discovery Bank Gold Card

How to get your Discovery Bank Gold Card

In this Discovery Bank Gold Card application guide you will learn how to get this awesome rewards card in just a few minutes.

About the author  /  Danilo Pereira

Danilo is a copywriter with a passion for learning. Deeply interested in philosophy, politics and arts.

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