FP
Francois P

1 reviews | Active since Jul 2012

25 Sept 2024, 13:29

Just a terrible company.

Stay far away. Their insanely complicated, convoluted investment products is just another vehicle to feed their greed. My life insurance policy's premiums went up by almost 15% every year since inception. They have also automatically linked my Discovery Bank Spend to my Vitality which is interesting seeing as I don't have a bank account with them - never signed up for one. They converted my old FNB card to Discovery bank and then linked that "bank account" to Vitality. In other words, I can run and get blood tests until I am blue in the face but my premiums will still go up by insane amounts because I am not spending money using my non-existent bank account. I am busy moving all my Discovery Invest products elsewhere, I will no longer be taken advantage of. The best part is they shrug their shoulders and blame it on the broker and vice versa. Very convenient. Once again: Stay far away! Terrible company, this.

0
Replies (2)
Discovery Life
Discovery Life's reply25 Sept 2024, 13:33
Official
Thank you for raising your concerns with us.

We can confirm that you have received formal feedback regarding your complaint.

Regards,

Discovery Life
FP
Francois P's update05 Dec 2024, 00:21
Reviewer Update
Because that fixes it, right?