Introducing the Discovery Bank Black Credit Card Account

The Discovery Bank Black Credit Card Account targets high earners with an annual income requirement from R850,000 to R2.5 million. With a monthly fee of R275, account holders enjoy up to 55 days’ interest-free credit on select purchases. The credit card is packed with premium perks, including full transactional capabilities, real-time forex accounts, and access to exclusive airport lounges worldwide.

How to Apply: Step by Step

1. Ensure your annual income is at least R850,000.
2. Prepare identification and proof of income documents.
3. Fill in the quick application form on the Discovery Bank website.
4. Submit your documents for verification.
5. Once approved, set up your new account and start using your card.

Key Advantages

Account holders can earn up to 50% back on healthy grocery and fuel purchases from top partners, and up to 15% off when spending Discovery Miles. The card also boasts access to airport lounges, a robust rewards programme, personalised interest rates, and free virtual cards for secure shopping.

Potential Disadvantages

The monthly fee of R275 may not appeal to everyone, especially if you won’t take full advantage of the rewards and benefits. There’s also a high minimum income requirement, making it inaccessible for most average earners in South Africa.

Final Verdict

The Discovery Bank Black Credit Card stands out for premium benefits and a rewards-driven experience. For high-income earners who enjoy travel and lifestyle perks, it’s a strong option, but its cost and entry criteria mean it won’t suit everyone. We recommend it for those seeking tailored rewards, robust digital features, and global banking convenience.