RK
Rheiner K

1 reviews | Active since May 2018

29 Apr 2025, 12:01

Discovery Bank Delaying Closure to Take more admin fees

Six days ago, I requested the closure of my Discovery Bank Credit account after paying the full outstanding amount on the settlement letter, plus an additional amount, resulting in a credit balance. Last week, I lodged a complaint because I hadn’t received any updates from Discovery Bank about the account closure or the refund of my credit. They just responded with an excuse email stating they are still within their 8-day processing period. When I called, I was told I should receive a form to complete for the credit to be transferred to my bank account, but I haven’t received this form. At this point, I’m willing to forgo the R500 credit just to have the account closed.

0
Replies (10)
Discovery Bank
Discovery Bank's reply29 Apr 2025, 12:05
Official
Hey Rheiner

Thanks for reaching out to us.

We are looking into this, and will get back to you soonest.

Kind regards,
Mpho.
RK
Rheiner K's update29 Apr 2025, 12:14
Reviewer Update
Hi Mpho,

I’ve noticed another customer recently faced issues closing their Discovery Bank account, incurring costs over R2,000. I’m still awaiting feedback on my account closure and the refund of my R500 credit, requested six days ago. If I don’t hear back today, I will escalate this matter to the Credit Ombudsman and Consumer Tribunal this afternoon.

Regards
Discovery Bank
Discovery Bank's reply02 May 2025, 11:52
Official
Hi Rheiner

We see that your account details were requested on 30 April 2025, were you able to respond with the details?

Kind regards,
Mpho.
RK
Rheiner K's update02 May 2025, 11:57
Reviewer Update
Hi Mpho

I have not received any comms from Discovery Bank asking me for my account details. Please send this request to me.

Regards
Rheiner
Discovery Bank
Discovery Bank's reply02 May 2025, 12:55
Official
Hey Rheiner

Thanks for confirming.

I have requested for the email request to be sent again, please ensure that your email address is correct. You can check it on the bank app.

Kind regards,
Mpho.
RK
Rheiner K's update02 May 2025, 13:46
Reviewer Update
Thanks. My details are correct so not sure why I’m not getting the mail. I have received all other mails from Discovery Bank.
Discovery Bank
Discovery Bank's reply05 May 2025, 12:51
Official
Hi Rheiner

Thank you for your patience.

The team has advised that they are awaiting feedback internally regarding certain outstanding accounts, you will get an email requesting those details once complete.

Kind regards,
Mpho.
RK
Rheiner K's update08 May 2025, 14:54
Reviewer Update
Hi Mpho

Please can I have an update? I have submitted my details but not heard anything.

R
Discovery Bank
Discovery Bank's reply12 May 2025, 10:30
Official
Hi Rheiner

Thank you so much for your patience.

The latest update that I see is from Friday 9 May, there is an internal confirmation letter that our operations team is awaiting. We will continue to keep an eye on the case, you should receive a confirmation email anytime from today.

Best regards,
Mpho.
Discovery Bank
Discovery Bank's reply16 May 2025, 10:50
Official
Hi Rheiner

Your account has been successfully closed. 

Should you require further assistance, please contact our toll-free number ***. 

Kind regards,
Mpho.