NP
Nicolene P

1 reviews | Active since Mar 2012

13 Mar 2023, 11:11

fuel rewards are a big fat con

Fuel "Rewards" If you're like me (and most people I know) you probably don't read the fine print until something goes wrong. I was appalled to find out that one is charged 18% "interest" to use your Discovery credit card at a fuel station. They are quick to entice you with 6% cash back, but just forget to mention that the spend is capped at R1,000/month (less than 1 tank of petrol), and you will pay them 18%. Just some sums to point out how bad this deceit is on Discovery's part: if you fill up a small car three times a month, spending an average of R3,300 you will get R60 in rewards, but you will pay R594 in fees. Am I the only one who didn't know this??

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Replies (3)
Discovery Bank
Discovery Bank's reply13 Mar 2023, 15:05
Official
Hi Nicolene 

Thanks for reaching out to us 

Kindly note that fuel transactions are interest bearing and you'll be charged interest according to your dynamic interest rate. 

Please see the following to be aware of the interest bearing transactions: 
- ATM cash withdrawals
- Traveller’s cheque purchases
- Electronic funds transfers (including account payments made from the client’s online banking account)
- Debit orders
- Budget facility transfers
- Transactions processed on the budget facility
- Gambling transactions
- Fuel or fuel-related transactions on the Discovery MotorCard

Regards
Andile
NP
Nicolene P's update13 Mar 2023, 17:05
Reviewer Update
Thanks for your reply, but really I find this to be ****************!
Discovery Bank
Discovery Bank's reply16 Mar 2023, 08:44
Official
Hi Nicolene 

You're welcome.

Should there be anything else, don't hesitate to contact us. 

Regards
Andile