The Discovery Bank Black Credit Card stands out for affluent individuals seeking premium rewards and state-of-the-art banking. With a monthly account fee of R275 (effective from January 2026) and qualifying income requirements from R850,000 to R2.5 million per year, this offering combines luxury and flexibility. Customers enjoy up to 55 days’ interest-free credit, full transactional capabilities, and real-time forex accounts accessible 24/7. Comprehensive airport lounge access, travel benefits, and leading security features make it a compelling choice in South Africa.

How to Apply for the Discovery Bank Black Credit Card

To begin your Discovery Bank Black Credit Card application, ensure you have the minimum annual income requirement and supporting documents ready. Visit Discovery Bank’s official website and start the online application. Fill in personal, employment, and financial details. Upload supporting documents, such as proof of income and identification. Submit your application and await approval or feedback. This process can be completed online and is designed for efficiency and convenience, minimising paperwork and branch visits.

Key Advantages

One of the card’s most alluring advantages is the rewards programme. Members access Discovery Miles for spending, health, and driving well, redeemable at partners like Checkers, Woolworths, Clicks, Uber, and Shell. Cardholders also unlock generous travel and lifestyle rewards, including up to 60% off local flights, 55 days interest-free credit, free airport lounge access, and comprehensive insurance on card purchases.

Potential Drawbacks

The main drawback of the Discovery Bank Black Credit Card is its exclusivity. Only those with an annual income of R850,000 or above are eligible, limiting access for many South Africans. Additionally, the R275 monthly fee may be steep when compared to more mainstream options. Those not maximising the complimentary rewards or international perks may find the value proposition less compelling.

Our Verdict

This is an excellent choice for high-earning individuals seeking a card packed with world-class rewards, travel benefits, and seamless banking. But it is best suited to those who regularly travel, spend at rewards partners, or value financial health incentives. Consider your own usage and lifestyle before applying to determine if this premium card aligns with your needs.