Are you looking for a credit card that offers unparalleled benefits and rewards? Look no further than the Discovery Platinum Credit Card. With this prestigious card, your money goes further, and you gain access to a world of elite rewards and exclusive offers.
In this comprehensive guide, we will explore the features, benefits, and eligibility criteria of the Discovery Platinum Credit Card.
Discovery Platinum Credit Card Features and Benefits
As a Discovery Platinum Credit Card holder, you can enjoy a host of exclusive benefits that elevate your credit card experience. Here are some key features and benefits of the Discovery Platinum Credit Card:
1. Enhanced Customer Support
With the Discovery Platinum Credit Card, you have access to Discovery’s Platinum call center, available round the clock. Whether you need immediate assistance or have inquiries about your card, the dedicated support team is there to provide you with personalized service and prompt resolutions.
2. Superior Rates and Limits
As a Discovery Platinum Credit Card holder, you’ll receive better rates and higher credit limits compared to Gold Card members. This allows you to make larger purchases and enjoy greater financial flexibility.
3. Competitive Interest Rates
The Discovery Platinum Credit Card offers competitive interest rates, ensuring that you can manage your finances effectively. With better rates, you can save more on interest charges and make the most of your credit card spending.
4. Generous Daily Transaction Limits
With the Discovery Platinum Credit Card, you enjoy higher daily transaction limits, giving you the freedom to make significant purchases without any hassle. Say goodbye to transaction restrictions and embrace a card that adapts to your lifestyle.
5. Rewarding Rewards Program
The Discovery Platinum Credit Card is part of the Discovery Miles program, where you earn one Discovery Mile for every R15.00 spent on your credit card. These miles can be redeemed for a variety of exciting rewards, including travel, merchandise, and experiences.
6. Extended Warranties and Purchase Protection
When you use your Discovery Platinum Credit Card to make purchases, you automatically benefit from extended warranties. The retailer’s or manufacturer’s warranty on eligible items is extended for up to two years from the date of purchase. Additionally, you receive short-term protection against theft and accidental damage, ensuring that your purchases are safeguarded.
VISA Products and Additional Benefits
The Discovery Platinum Credit Card is affiliated with VISA, providing you with access to a range of VISA products and services. Here are some of the additional benefits you can enjoy:
1. Free Overseas Travel Insurance
When you pay for your travel tickets using your Discovery Platinum Credit Card, you receive free overseas travel insurance. This insurance coverage offers peace of mind while you explore the world, protecting you against unforeseen circumstances.
2. Platinum Call Center Assistance
Need immediate assistance? The Discovery Platinum Credit Card provides access to the Platinum call center, available anytime, day or night. Whether you have inquiries, require support, or need assistance with your card, their dedicated team of professionals is just a phone call away.
3. Extended Warranties and Purchase Protection
With the Discovery Platinum Credit Card, you can shop with confidence. When you purchase an item using your card, you automatically receive an extension of the retailer’s or manufacturer’s warranty for up to two years. Additionally, the Platinum Credit Card provides short-term protection against theft and accidental damage to your purchases, ensuring peace of mind with every transaction.
VISA Products Applicable
Apart from its exclusive benefits, the Discovery Platinum Credit Card also offers compatibility with various VISA products:
Extended Warranties
When you purchase an item with your Discovery Platinum Credit Card, you receive an automatic extension of the retailer’s or manufacturer’s warranty for up to two years from the date of purchase. This added protection ensures that your valuable purchases are safeguarded against unforeseen defects or malfunctions.
Purchase Protection
With the Platinum Credit Card, you can protect your purchases against theft and accidental damage. This invaluable feature provides short-term coverage, allowing you to enjoy your purchases worry-free.
Card Details and Qualifying Criteria
To be eligible for the Discovery Platinum Credit Card, you must meet specific criteria. Here are the essential details and requirements:
| Monthly Fee | Interest Rate | Card Initiation Fee | Insurance |
|---|---|---|---|
| R75.00 | 20.4% | R10.00 | You receive free overseas travel insurance when paying for your ticket with your Discovery Platinum Card |
Qualifying Criteria
To be eligible for the Discovery Platinum Credit Card, you must meet the following criteria:
- Age Requirement: 18 years or older
- Minimum Monthly Salary: R29,166.00
Interest
Understanding the interest rates associated with your credit card is crucial for managing your finances effectively. Here are the key interest-related details for the Discovery Platinum Credit Card:
- Annual Percentage Rate: 20.4%
- Cash Advances Interest: 20.4%
- Credit Interest: N/A
- Interest-Free Days: 55
- Balance Transfer: N/A
Rewards
The Discovery Platinum Credit Card rewards you for your spending. Here are the details of the rewards program:
- Rewards Program: Discovery Miles
- Fast Miles Program Fee: R350.00
- Program Details: Earn one Discovery Mile for every R15.00 spent on the Discovery Credit Card
Deposits
When it comes to making deposits, the Discovery Platinum Credit Card offers convenient options. Take a look at the deposit details below:
- Cheque Deposit Branch: R45.00
- Cash Deposit ATM: R5.50 + 1.20%
- Cheque Deposit ATM: R20.00
- Cash Deposit Branch: R43.00 + 1.51%
Cash Withdrawals
Need to access cash? Here are the details regarding cash withdrawals with the Discovery Platinum Credit Card:
- Branch/Counter: R43.00 + 1.61%
- Own Bank ATM: R10.50 + 1.20%
- Other Bank ATM: R10.50 + 1.20%
- Overseas ATM: R31.50 + 1.61%
Purchases
The Discovery Platinum Credit Card allows you to make purchases conveniently. Here’s what you need to know:
- Credit Card Purchases: R0.00
- Garage Card Purchases: R4.75
Account Payments
Making payments towards your Discovery Platinum Credit Card is straightforward. See the available options:
- Own Bank ATM: R9.00
- Branch: R45.00
Fund Transfer
If you need to transfer funds, the Discovery Platinum Credit Card offers the following options:
- Own ATM: R4.25
- Branch/Counter: R45.00
Balance Enquiries
Stay updated on your account balance with ease. Here’s how to inquire about your balance:
- Branch/Counter: R0.00
- Own Bank ATM: R0.00
- Other Bank ATM: R0.00
Statements
Keep track of your transactions and payments with the Discovery Platinum Credit Card statements:
- Branch: R0.00
- ATM: R0.00
Administration Fees
While using the Discovery Platinum Credit Card, you may encounter certain administration fees. Here are the details:
- Bank Cheque: N/A
- Credit Card Replacement Fee: R150.00
- Secondary Card Fee: R150.00
Added Benefits
In addition to its numerous features and rewards, the Discovery Platinum Credit Card ensures that your purchases are protected. Enjoy short-term protection against theft and accidental damage to your purchases, providing you with peace of mind and security.
How to Apply and Contact Details
Applying for the Discovery Platinum Credit Card is a straightforward process. You can visit the Discovery website or contact their customer service for more information. Here are the contact details:
Address:
155 West Street, Sandton, 2146
Telephone:
0860 99 88 77
Email:
[email protected]
Website:
Conclusion
The Discovery Platinum Credit Card is an exceptional financial tool that offers a world of elite rewards and benefits. Whether you’re seeking better rates, higher limits, extended warranties, purchase protection, or access to a dedicated call center, this card has it all.
With its exclusive features and comprehensive rewards program, the Discovery Platinum Credit Card empowers you to make the most of your financial journey. Apply today and unlock a world of unparalleled advantages!