Discovery Bank Black Card
The Black card is where Discovery Bank gets serious. Airport lounge access, concierge services, and significantly higher rewards make this the sweet spot for high earners who want premium perks without the top-tier price tag.
Discovery Bank
Black
Premium banking with serious rewards
Can be reduced to R0 with Diamond Vitality Money status
R850,000 to R2.5 million per year
- All Platinum benefits plus premium perks
- Domestic and international airport lounge access
- Concierge service
- Free device insurance
- Highest dynamic interest rate boosts
Black card at a glance
Monthly Fee
R295
Can be reduced to R0 with Diamond Vitality Money status
Income Requirement
R850,000 to R2.5 million per year
Savings Rate
Up to 7% on demand savings
At Diamond Vitality Money status
Everyday Rate
Up to 3.5% on everyday balances
On transaction account balance
Fuel Cashback
Up to 15%
At HealthyFuel partner stations
Grocery Cashback
Up to 15%
At HealthyFood partner stores
Premium perks
Lounge Access
Domestic and international lounges
Concierge Service
Personal concierge service
Device Insurance
Free phone and laptop insurance
Full list of Black card benefits
- All Platinum benefits plus premium perks
- Domestic and international airport lounge access
- Concierge service
- Free device insurance
- Highest dynamic interest rate boosts
- Up to 75% monthly fee discount at Diamond status
- Priority banking support
Earn up to 5,000 Discovery Miles
Use this referral code when opening your account. You get up to 5,000 Discovery Miles for a Full Banking Suite, or 2,500 for a Credit Card Account.
DNJ001You must make a transaction using your virtual card or digital wallet within 30 days of opening your account to qualify. We also earn Discovery Miles from this referral. This does not affect our recommendations.
Black card fee schedule
All fees shown are before Vitality Money discounts. At Diamond status, monthly account fees can be reduced by up to 75%.
Monthly Account Fees
| Fee | Black Amount |
|---|---|
| Full Banking SuiteIncludes transaction account, credit card, and Vitality Money. Up to 75% discount at Diamond status. | R295 |
| Transaction Account (bundled)Transaction account only with bundled transactions included. | R195 |
| Credit Card Account | R100 |
Transaction Fees
| Fee | Black Amount |
|---|---|
| Card swipe / tapFree if on a bundled account with included transactions. | R1.30 |
| Online / app transfer | R4.50 |
| Debit order | R4.00 |
| PayShap payment0.4% of amounts above R1,500. | Up to R12 |
ATM Fees
| Fee | Black Amount |
|---|---|
| Own ATM withdrawal | R7.00 |
| Other bank ATM withdrawal | R10.00 |
| Balance enquiry (own ATM) | R0.00 |
International Fees
| Fee | Black Amount |
|---|---|
| International card transactionPercentage of the transaction amount in foreign currency. | 3.5% |
| International ATM withdrawal | R65 |
Who is the Black card for?
The Black card is built for high earners between R850,000 and R2.5 million per year who want premium perks, including lounge access, concierge, and device insurance, at a price point that still delivers strong value for money.
The Black card is a good fit if:
- You travel frequently and want domestic and international lounge access included
- You want a concierge service for travel bookings, reservations, and errands
- You carry expensive devices and want free phone and laptop insurance
- You want up to 15% cashback on fuel and groceries to offset everyday expenses
- You value premium banking without the ultra-premium price tag of the Purple tier
Not sure the Black card is right for you?
Compare all Discovery Bank cards side by sideReady to get the Black card?
Use referral code DNJ001 when you open your Discovery Bank Black account. Earn up to 5,000 Discovery Miles.
We earn Discovery Miles when you sign up with our code. This does not affect our recommendations.
Discovery Bank Black Card FAQ
Written by the BankDiscovery Team
We are a team of South African finance enthusiasts who believe banking decisions should be based on facts, not marketing. We research, compare, and explain so you can choose with confidence.
Learn more about usbankdiscovery.co.za is an independent resource and is not affiliated with, endorsed by, or connected to Discovery Limited or Discovery Bank. We earn Discovery Miles when you open an account using our referral code. This does not affect our recommendations.
Open your Discovery Bank Black account
Join thousands of South Africans earning rewards on everyday spending. Use code DNJ001 for up to 5,000 Discovery Miles.
We earn Discovery Miles when you sign up with our code. This does not affect our recommendations.