Discovery Bank Gold Credit Card Review: Is it the Right Card for You?

Getting the right credit card that matches your financial needs is not always easy. That’s true, especially with so many options from right, left, and center. 

By Luciana Souza, on 2024/07/04

So, can the Discovery Bank Gold Credit card be that card for you? Well, the card is packed with a myriad of attractive features to make your shopping activities as simple and rewarding as possible. 

In this review, we’ll explore everything about the Discovery Bank Gold Credit Card to help you decide whether it’s the perfect fit for you.

Features of the Discovery Bank Gold Credit Card

Imagine having a credit card that not only caters to your spending needs but also rewards you generously for simply living your life. That’s what the Discovery Bank Gold Credit Card offers — a blend of practicality and perks tailored for savvy spenders.

First off, let’s talk about inbuilt tools. The Gold Credit Card comes with built-in financial tools that help you manage your money smartly.

For instance, the Discovery Bank app offers real-time insights into your spending habits, ensuring you’re always on top of your finances. The app also allows you to check your balances, manage your PINs and limits, transfer funds, make international payments, etc. 

Security is another highlight. The card features advanced security measures, including facial recognition, secure PIN and chip technology, and tap-and-go payments, providing peace of mind with every purchase.

Finally, it offers exclusive access to special offers and discounts at partner retailers. From dining to entertainment, this Gold Credit Card opens doors to a world of privileges. 

How Does the Discovery Gold Credit Card Work?

Let’s break down how the Discovery Gold Credit Card works. From here, you can shop, enjoy a meal, or book a flight and earn rewards. Every time you swipe your Gold Credit Card, you’re not just spending money: you’re earning Discovery Miles. The card rewards you for responsible shopping, driving, and even getting healthier. 

But how many miles do you earn? Well, for starters, the Discovery Gold Credit card earns you up to 40% cashback when you shop for groceries at Woolworths or Pick n Pay with Healthy Food.

It rewards you with up to 10% cashback for fuel purchases at select Shell and BP Stations. And if you book an Uber with the card, you also receive a 10% cashback.  Lastly, you get up to 2.5% cashback rewards on Discovery Life plan premiums. 

For every one Rand you earn back, you receive 10 Discovery Miles. Plus, you earn more rewards when you use a virtual card. Even better, when you spend your Discovery Miles within a month, you can get yourself up to 15% off your spending. 

You can use your Discovery miles to shop from in-store and online retail partners, spend on Vitality Mall, or pay for airtime, data, prepaid electricity, and prepaid water. You can also spend the earned miles on flights, car hires, or holiday accommodation. 

Lastly, the miles can be exchanged for cash or sent to your contacts through a Discovery Miles account. 

Pros and Cons of the Discovery Bank Gold Credit Card

Discovery Bank Credit Card Benefits

Here is what makes the card outshine its competitors:

  • Full Transactional Capabilities: The card allows you to make digital payments, accept salary deposits, and set debit orders for third-party accounts. 
  • Up to 55 days of free interest period: This means that you can make purchases without worrying about the APR for up to 55 days.  
  • Access to Real-Time Forex Accounts: This is available 24/7 on your mobile app

Cons of the Discovery Credit Card

Now, no card is without some drawbacks. And here are what we consider not-so-good for this card:

  • Too many fees: The Discovery Bank Gold card account attracts numerous fees that may make its operation become too expensive. 

Rates and Fees

The Discovery Bank Gold card has several rates and fees to consider. For example, there is a monthly account fee of R30.

Also, there is the R25 monthly Vitality Money premium fee, international ATM cash withdrawal fee of R85, and additional card fees of R45. And the currency conversion fee is 3%

Card replacement is free for the first one and R200 each thereafter. 

Eligibility Criteria and Requirements 

To qualify for the Discovery Bank Gold Credit card, you must meet the following requirements:

First, you must be a South African resident. Being an adult, which means 18 years or more in SA, is also a requirement. 

You also require earning a minimum annual income of R100,000 to R350,000.

Lastly, a good credit score increases your card’s approval chances. 

How to Apply for the Discovery Bank Gold Card

Once you’ve decided that this is the credit card for you, here is the application process to follow.

Go to the Discovery Bank Gold Card account page and click the Get Started button. This is a red button located at the top right-hand corner of the page. 

From here, answer the three questions that appear to help match you with the best credit card account. Then click the green Get Started button. 

Continue filling in the necessary information as prompted, such as your income, type of account (credit card), name, contact, address, etc. You’ll have your feedback in around 60 seconds.


The Discovery Bank Gold Credit Card not only makes it easy for you to make payments, but it also helps you to earn as you shop.

You also get access to robust security features and a wide variety of financial management tools via the Discovery Bank app. Whether you’re shopping, dining, or traveling, this card ensures your spending is not only secure but also beneficial. 

So, if you are looking for the ideal blend of convenience, rewards, and peace of mind, try the Discovery Bank Gold Credit Card account.


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