Discovery Card Platinum Credit Card

Are you pressed for time? Discovery Bank’s Platinum Credit Card Account now costs R170 p/m (all-in) and is open to earners at R350 000–R850 000 p.a. It still offers up to 55 days of interest-free, dynamic borrowing rates, fee-free swipes worldwide, and vitality-linked rewards that can slash travel, fuel, and grocery costs.

The fee guide issued 1 July 2025 also refreshes ATM and digital-payment charges, so the table below reflects the latest numbers.

Tip: Check your credit score and see how you can make better money choices to improve your credit health.

Why the Discovery Platinum Credit Card stands out

Discovery couples a competitive credit facility with its Vitality Money programme, letting you cut borrowing costs by up to 5 percentage points and unlock tiered cashbacks on flights, fuel, groceries, and more.

Key selling points

The flat R170 monthly bundle covers the account fee, Vitality Money premium and facility fee.
Qualifying income: R350 000 – R850 000 a year (≈ R29 200+ p.m.).
You can enjoy interest-free payments for up to 55 days on qualifying purchases.
Dynamic interest: earn up to 1.1% on positive balances and pay up to 5% less on credit, depending on Vitality Money status.
Discovery Miles rewards: earn on every swipe, then get up to 30% off on Miles-D-Day.
The card offers free international travel insurance on tickets purchased.

Fee Table (Effective 1 July 2025)

Minimum Income	The minimum income ranges from R350 000 to R850 000 per annum.
Interest Rate	Variable; up to 5% below prime with Vitality Money
Interest-Free Days	Up to 55
Monthly Account Fee	R170 bundle (R70 account + R50 Vitality Money + R50 facility)
Initiation Fee	Up to R225 (limit > R2 000)
Point-of-Sale Purchases	Free (local & international)
Local ATM Cash	R5 + R2.75 / R100
International ATM Cash	R90 flat
Debit Order	R3.75
Digital Payments	R2.75
Instant Pay / PayShap	R1–R35 (tiered)
Currency-Conversion Fee	3%
Card Replacement	R200

Rewards & Lifestyle Benefits

Vitality Money and Discovery miles

Earn base Discovery Miles on every swipe, with higher earn rates when you shop on your virtual card, and improve your Vitality Money status. Miles can be converted to cash, sent to contacts or redeemed at 40+ partners, with double discounts (up to 30%) every 15th of the month.

Travel perks

Book flights in-app and get 10%–35% off two international returns or up to 50% off domestic flights, plus annual lounge visits at major SA airports.

Dynamic interest and savings

Positive balances in everyday accounts now earn up to 1.1%, while demand savings can reach 5.75%, all adjusted dynamically as your behaviour improves.

How to qualify and apply

Confirm income ≥ R350 000 p.a.
Download the Discovery Bank app or visit the online application portal.
Please upload your SA ID, proof of address, and three months’ payslips.
Select a credit limit and accept the dynamic-interest terms.

Approval is subject to a standard credit assessment and affordability evaluation.

Frequently asked questions

Does the R170 fee ever change?

It’s fixed for 2025 but reviewed annually; Discovery notifies clients of adjustments via updated fee guides.

Are swipes really free overseas?

Yes, card purchases abroad cost zero, but a 3% FX fee applies on the Rand conversion.

Can I downgrade if my salary drops?

Yes; clients can migrate to a Gold or Transaction account tier in-app to match new earnings.