Getting to Diamond Money Status. How to do it and why this benefits you.
Posted in Mining For Miles With Mims on Oct 15, 2024
This one depends on the current colour of your Bank card. So, if you have Gold you need to have R20,000 saved with Discovery. This money could be sitting in a savings account or even the transaction account. It will count towards your promotion from Gold to Diamond.
Then if you have a Platinum card, you need R45,000 to get to Diamond from Gold. And again, this money can be sitting anywhere inside Discovery Bank – except of course your credit card. It must be savings.
For Black card holders, you need a whooping R100,000 saved with Discovery Bank. It can't be anywhere else - if it's with FNB it doesn't count. You need to have it with Discovery Bank and then it will count towards your promotion from Gold money status to Diamond money status.
There are many advantages to having your money status at Diamond. It instantly improves your interest in all your savings account across the Discovery Bank offerings.
It also reduces your interest; the interest you pay for borrowing goes down when your money status is higher. Your Diamond money status also gives you higher interest rate discount towards your homeloan.
It gives you higher Cashbacks on your food purchases, I mean your healthy food, your healthy care, your healthy baby, it's all affected by your Diamond money status. In fact, the higher your status, the higher the benefits. Go for Diamond guys!
Watch the full video here: https://youtu.be/hQnmNK8Yfoc