Discovery Begin Taking on New Clients in July
Discovery Bank was officially launched last year but at first, decided to limit the number of clients they would take on to only 1000. This allowed them to test their products and slowly ramp up their marketing to potential clients over time. Smart and cautious.
Admittedly, they ended up taking a bit more time to get going fully than anyone expected due to some behind the scenes stuff. Discovery Group CEO Adrian Gore says that this time period was “vital” and that their new banking system is complex with “over 120 distinct and connected systems”.
July 2019 however is “go time” for the Bank as they now roll out their services in earnest to new clients’
July 2019 however is “go time” for the Bank as they now roll out their services in earnest to new clients. They say they are now going from having only 1000 clients on the entire system to taking on 1000 new clients every single day. One of the key changes ahead will be migrating all those clients who have FNB Discovery cards onto the Banks own platform.
Its All About The Discovery Miles
Central to the appeal of banking with Discovery direct will be how they provide bonus and allow clients to earn the almighty Discovery Miles. People who use Discovery for other services are already hooked on earning points (Miles) and will no doubt be enticed by earning bonuses in various ways through the bank itself.