VM
Vuxongi M
1 reviews | Active since Jul 2019
11 Apr 2022, 16:22
Iphone benefit ****!!
I am very ****ed with this iphone "Benefit" as you call it. This is truly not a benefit if I'm being charged a ridiculous amount of money. I am currently being charged a high interest rate which is R383.26 plus the instalment of R1123.46 which amounts to R1506.26. If minus the cash back that I am receiving from this amount you get R1420.26 which is higher than what I would pay for the same phone on a 24-month contract if I got it elsewhere. Now tell me how is this a benefit?
I had an apple which is a benefit, this iphone thing does not make sense. I am pretty sure I am not the only one who fell for this trap. Discovery you can do better, use the right words for this ****, it is not a benefit!!!!
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Discovery Bank's replyOfficial
11 Apr 2022, 16:37Hi Vuxongi
I'm sorry you feel that way, however the information as well as the terms and conditions are made available to you on the Discovery Website which states that the iPhone benefit will appear as a budget transaction on your Discovery Bank credit card. It will reduce your available balance on your credit card by the iPhone’s outstanding amount until the device is paid off. Interest is charged at your contracted borrowing rate and your cash back will be based on the number of Vitality Active Rewards goals you achieve, as well as your Vitality Money status as part of your Dynamic Interest Rate benefit.
Regards
AJ
I'm sorry you feel that way, however the information as well as the terms and conditions are made available to you on the Discovery Website which states that the iPhone benefit will appear as a budget transaction on your Discovery Bank credit card. It will reduce your available balance on your credit card by the iPhone’s outstanding amount until the device is paid off. Interest is charged at your contracted borrowing rate and your cash back will be based on the number of Vitality Active Rewards goals you achieve, as well as your Vitality Money status as part of your Dynamic Interest Rate benefit.
Regards
AJ
Discovery Bank's reply11 Apr 2022, 16:37
Official
Hi Vuxongi
I'm sorry you feel that way, however the information as well as the terms and conditions are made available to you on the Discovery Website which states that the iPhone benefit will appear as a budget transaction on your Discovery Bank credit card. It will reduce your available balance on your credit card by the iPhone’s outstanding amount until the device is paid off. Interest is charged at your contracted borrowing rate and your cash back will be based on the number of Vitality Active Rewards goals you achieve, as well as your Vitality Money status as part of your Dynamic Interest Rate benefit.
Regards
AJ
I'm sorry you feel that way, however the information as well as the terms and conditions are made available to you on the Discovery Website which states that the iPhone benefit will appear as a budget transaction on your Discovery Bank credit card. It will reduce your available balance on your credit card by the iPhone’s outstanding amount until the device is paid off. Interest is charged at your contracted borrowing rate and your cash back will be based on the number of Vitality Active Rewards goals you achieve, as well as your Vitality Money status as part of your Dynamic Interest Rate benefit.
Regards
AJ