Shop without stress by staying on top of your spending
Worried Black Friday mania might have you overspending this month? We have your back! Use your personalised and super-helpful banking and budgeting tools to plan well, manage your expenses, meet your financial goals, and enjoy Black Friday responsibly.
Black Friday is just around the corner, and we all know how tempting those deals can be. But this just makes it all the more important to stay on top of your spending and make the most of your opportunities - without dipping into your savings or taking on short-term debt.
To help you shop without stress, here are four tips on how easy-to-use tools and features in your banking app can help you spend responsibly this month.
1. Take control of your money with the Vitality Money Financial Analyser: Planning your budget throughout the year can help you set aside money for sought-after items on Black Friday. But we know budgeting well can be complex and tedious at times. That's where the Vitality Money Financial Analyser, an innovative tool in our banking app, comes to your rescue.
This tool uses advanced analytics and data processing to track and organise your expenses - and give you personalised insights into your income, savings, and spending patterns. You can then set up a budget, organise and search within categories, set spend alerts, monitor your spending habits, and understand your financial trends
Watch this video to see how it works:
2. Set and change your channel limits: Avoid the temptation to overspend during Black Friday by creating a list of the items you genuinely need or want before the sales start. Compare prices for these items to ensure you're getting the best deal.
With our smart technology, you can set limits for yourself and your family members who may be using cards linked to your account. Your banking app lets you to establish daily and monthly limits for payments and transfers, giving you full control over your spending.
Learn how to set your limits with this video:
3. Upload and store receipts using Smart Vault: Keep track of your Black Friday purchases and store your receipts and warranties safely using Smart Vault. This feature is handy if you ever need proof of purchase or if you encounter issues with your products.
With Smart Vault, you can add receipts, personalise descriptions, and add notes for each transaction, which makes it very easy to find when needed.
Watch this video to learn how to upload and store images of your receipts using Smart Vault:
4. Get real-time help with Live Assist: If you ever find yourself stuck or confused about anything related to Discovery Bank or the app, we've got you covered with Live Assist.
This feature lets you to receive real-time help from a Discovery Banker directly within the app, and share your app screen with them so they can direct you - a banking first in South Africa. It's convenient, available 24/7, and entirely secure as only you can initiate a Live Assist session.
Discover how Live Assist works and how it can make your interactions with Discovery Bank more straightforward by watching this video:
With these four tips and the help of your Discovery Bank smart features and tools, you can shop with confidence and financial peace of mind. Make the most of all the incredible Black Friday deals while staying within your budget - happy shopping!
Rewards are based on your engagement in Vitality programmes, Discovery products, and monthly qualifying card spend. Discovery Bank, Auth FSP. Ts&Cs apply.
