Turn your ambition into action with credit when you need it
Do you have BIG plans for 2025? Whatever you're aiming for, Discovery Bank's Revolving Credit Facility can help you fund it, fast. It's flexible, accessible and just a few taps away in your banking app.
The end of a year inevitably makes one think about the start of the next. Are you preoccupied about what 2025 has in store for you?
Perhaps the thought of relocating to a different area has been tickling your fancy. Or maybe you're finally ready to invest in your future with a professional course that's been on hold for too long. Or maybe you just want to cover the numerous school expenses, or jumpstart a side-hustle, or help out a family member in need?
Whatever it is, we know that sometimes, big dreams need a little financial boost. That's where Discovery Bank's Revolving Credit Facility (RCF) comes to the rescue!
The little boost your big dreams need
Whether your hopes for the New Year are big or small, the RCF is designed to help you access the funds you need, when you need them, with minimal hassle.
It's super simple to apply for credit straight from your banking app, so there's no anxious wait to know whether you'll be able to fund your goal. From fixing up your home to preparing for unexpected expenses, we make it easier to turn your ambition into action!
Why choose the Revolving Credit Facility?
The RCF makes financial flexibility seamless, so you can focus on what matters most to you. Here are 5 reasons it's so appealing:
- Quick and easy application: Apply in under five minutes in the Discovery Bank app. Funds are available immediately after approval.
- No term limits: Use and repay on your terms - there's no fixed repayment period.
- Pay-as-you-use: Only pay fees when you use your facility, helping you save on unnecessary costs.
- Affordable repayments: Make monthly repayments as little as 2.5% of your outstanding balance.
- Lower interest rates: Manage your money well with Vitality Money to unlock up to a 7% reduction in interest rates.
Searching for inspo? Find examples of smart credit use
Want some thought starters on how responsible credit use can fuel your dreams? Here are a few:
- Lindi's dream business launch
Lindi has always wanted to start her own baking business. With her Revolving Credit Facility, she can purchase the equipment and ingredients upfront, turning her passion into profit. - Thabo's tech upgrade
Thabo's laptop suddenly gave up just as a big work project was due. Using the RCF, he got a replacement the same day, staying on top of deadlines without missing a beat. - Ayesha's wedding surprise
When Ayesha and her fiancé found the perfect venue at a limited-time discount, the RCF helped them secure their dream wedding location without dipping into their savings. - Ben's holiday childcare
Ben needed extra help during the long school holidays but hadn't budgeted for it. His RCF covered the unexpected childcare costs, letting him focus on work without worry. - Nomsa's family reunion
Nomsa's family abroad finally set a date for a reunion she couldn't miss. The RCF allowed her to book flights and travel stress-free while planning affordable repayments.
Learn more about what a Revolving Credit Facility is and how it differs from a personal loan here.
What are you waiting for? Here's how to apply
Applying for an RCF is simple:
- Log in to the Discovery Bank app.
- Tap More and select Credit Facilities.
- Choose Apply today under the Revolving Credit Facility tile and follow the steps.
In just a few taps, you'll have access to a facility that adapts to your needs - helping you turn plans into reality without financial worry.
Relax into 2025 with Discovery Bank
With RCF, you can relax, reflect and confidently plan ahead this December. Lean back and enjoy the future of banking - it's flexible, fast, and focused on you!
Discovery Bank Ltd. Auth FSP 48657. Limits, Ts & Cs apply. Rewards based on your engagement in Vitality programmes, Discovery products, and monthly qualifying card spend. Credit initiation and service fees may apply. Subject to credit approval.
