Discovery Bank Gold Credit Card: Up to 40% Cashback and Mileage Rewards for Students

Get up to 40% cashback and travel rewards with the Discovery Bank Gold Credit Card for students. Build credit, earn airline miles and enjoy affordable monthly fees. Find out how students benefit.

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Discovery Bank

Student card with up to 40% cashback, airline miles, and tiered interest rates. Low monthly fees and travel perks make this ideal for savvy students.




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The Discovery Bank Gold Credit Card is designed especially for South African students seeking flexible spending and excellent rewards. The card offers variable rates based on responsible credit behaviour, starting with an affordable monthly account fee of R90. Students can enjoy up to 40% cashback on select purchases, making daily and essential spending far more rewarding. Moreover, for every R1 earned in rewards, you gain 10 Discovery Miles, which may be redeemed towards airline tickets, offering savings of up to 30%. The card features interest of up to 2% on your positive balance as well as up to 6.75% on demand savings. Your maximum credit limit will be determined by your income and credit qualification.

How to Apply: Step by Step

First, prepare your South African ID and proof of student status. Then, set up a Discovery Bank account either online or at a branch. Next, complete the application and submit supporting documents. After approval, your card will be issued, allowing you to start using it immediately. Remember to register for rewards and set up your monthly repayments.

Top Advantages

The Discovery Bank Gold Credit Card delivers real value with its cashback options and airline miles. These rewards add tangible benefits for students who spend on groceries, transport, and more. Additionally, a competitive monthly fee and up to 2% interest on positive balances help you make the most of your money while managing expenses with ease.

Potential Drawbacks

Not all students will qualify, as some income is required. The monthly account fee of R90 can be a challenge for those on very tight budgets. Cash advances and late payments may come with additional charges, so disciplined spending habits are essential to stay financially healthy.

Verdict

Discovery Bank’s Gold Credit Card is an excellent choice for students who want to make their spending work for them through cashback and travel perks. If you are eligible and manage your finances wisely, it’s a practical way to start building a credit history while enjoying valuable lifestyle benefits.

Recommended for you

Discovery Bank

Student card with up to 40% cashback, airline miles, and tiered interest rates. Low monthly fees and travel perks make this ideal for savvy students.




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