Discovery Bank

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