
Discovery Bank has been named the 2023 MyBroadband Award winner for Best Digital Bank.
Discovery Bank was chosen as the winner due to the remarkable features and services provided by its banking app, as well as its outstanding usability and interaction with a range of internal and external platforms.
Nominees for the 2023 MyBroadband Award for Best Digital Bank were chosen based on the digital banking goods and services they provide, as well as the level at which these products and services function.
Discovery Bank outperformed other banks in this category because to its industry-leading banking app and top-tier client service.
Continuous advancement
Constant innovation has been a recurring feature in Discovery Bank’s route to success.
Discovery Bank has guaranteed that its clients are constantly on the bleeding edge of banking technology by offering a fully online application and approval procedure to create a bank account.
The ability to swiftly and simply add virtual cards to an account, as well as the opportunity to create foreign currency accounts in US Dollars, UK Pounds, and Euros – all through its banking app – are standout advantages in this respect.
This has been skilfully supplemented by Discovery’s integration of rewards programmes and services within its banking ecosystem.
As a result, Discovery Bank customers can use their banking app to view their medical aid account claims and savings, book flights through Vitality Travel, track their spending habits using a Financial Analyzer, and earn Discovery Miles based on spend and positive financial behaviours – all of which fall under Vitality Money.
Discovery Miles may then be redeemed at a range of online retailers and platforms, transferred to a Discovery Pay contact, or converted to cash.
Discovery Bank has also incorporated other systems into its banking app, with share trading via its app in collaboration with EasyEquities being a prominent example.
Clients may use the Discovery Bank app to create a new EasyEquities account or link an existing one.
