iPhone Benefit - what a clever (legitimate) ****

The Discovery Bank iPhone benefit must be the best-ever legitimate ****. To obtain the benefit for a phone valued at 18,000, I first had to transfer 18,000 from my different bank account, using my credit there, to Discovery. (A) The interest charge there is 200 per month, so that's 2,400 to start with for 24 months. (B) The transfer into my Discovery account resulted in the creation of the iPhone benefit facility, on which I now pay interest on i.e. effectively interest on my own money, at about R200 per month. So, another 2,400 over 24 months. (C) Based on my fitness and savings and driving goals, my net cost per month was at best 220 in the first 4 months, but is now about 500 per month (as I no longer have the Drive benefit). I also had to transfer a separate 2,000 into Savings account to ensure the goals are reached. I earn 25 a month there, so that is neither here nor there. Regarding (B), the amount paid down is meant to result in the available credit in the iPhone benefit facility being transferred back to my Credit account i.e. getting my initial 18,000 back over 24 months, per the product terms, but this hasn't happened at all. In summary then, after the first 9 months, just the Discovery Bank cost of (B)+(C) has seen me pay R5,400. If I add (A), it's another R1,800, meaning R7,200 over 9 months. When I extrapolate this over the 24-month term: Discovery Cost of (B) + (C) = 17,600. That's just less than the cost of the phone if I had have paid upfront. Worse, if I add (A), it's another R4,800, meaning R22,400 over 24 months, well above the cost and value of the phone. So, where is there any benefit here. I want to cancel the product immediately, so I am relatively "happy" in the circumstances to pay the outstanding balance on the iPhone facility, which is about 11,891 as of today. That will then mean I have paid, to Discovery, R17,274 - this is made up by the cost of (B) and (C) to date, plus R11,891. Nothing to be happy about. But, I want to at the very least get my 18,000 back, so I can transfer back to the source account from which it came! Wow, it may seem complex, and in some ways it is, but beware of this offering, it is anything but a benefit. Had I have known the offering would work like this, I would NEVER have got involved.