Invest in shares straight from your banking app, powered by EasyEquities

 

Want to trade and invest in shares and build your wealth? Share trading with EasyEquities is available to you through your Discovery Bank app. In just a few taps, you can open, trade, invest. Easy!

Thanks to the sheer power of compound interest, investing is a no-brainer for anyone who wants to even keep up with inflation - let alone save for the future. But if the complexity or inconvenience of investing is stalling your efforts, know that it doesn't need to.

Watch out, Wall Street!

We've partnered with EasyEquities to offer share trading directly through your Discovery Bank app. No more juggling between financial platforms or attaching paperwork to emails. In just a few taps, you have access to an array of great options to help you grow your wealth.

You can now buy, hold and sell shares in local and international stock exchanges, a wide range of Equities, ETFs, and ETNs- all from the ease and safety of your banking app. Once you start you'll see that trading and investing has never been quicker and more convenient.

OPEN. TRADE. INVEST. Easy.

Here's what to expect from this feature:

  • Seamless onboarding so you can sign up in minutes: Open an EasyEquities account in just a few steps, without submitting any documents. Your data is pre-populated, so it takes just a few minutes from start to finish.
  • No waiting periods when you deposit and withdraw funds: Transfer funds from any of your Discovery Bank transaction, credit card or demand savings accounts to your EasyEquities ZAR account in real time. The same applies for withdrawals.
  • View and manage your entire EasyEquities portfolio with ease: View your EasyEquities portfolio with all your other Discovery products in your banking app. Seamlessly buy and sell local and international shares, IPOs, ETFs, and ETNs, in just a few taps.
  • Earn Vitality Money points in the process: Once you've opened or linked your EasyEquities account in the Discovery Bank app, you'll automatically earn Vitality Money points for savings and retirement contributions, without the need to submit paperwork.
  • Trading is cost-efficient: Pay no additional account fees to access this platform.

How to get started

Whether you're just starting out, are a seasoned trader, or looking for a simple, passive investment solution, this feature is designed to cater for your needs. Here's how to start using it:

Open or link an account Fund Trade and invest
In the Discovery Bank app, tap Accounts:
  • Tap the menu in the top-right corner
  • Tap Add account
  • Tap EasyEquities
And follow the steps!
In the Discovery Bank app, tap Transact:
  • Tap Transfer.
  • Choose the account to transfer from and the EasyEquities ZAR account to transfer to.
  • Enter the amount and tap Next, then Confirm.
Open the EasyEquities portfolio in the Discovery Bank app:
  • Select account, investment type and category, and choose an investment.
  • Tap Buy and enter the amount.
  • Tap Next, then Buy.

Prefer to watch it done? Watch this video for a step-by-step guide:

Boost your Vitality Money points when you invest

The good news get better: your investments across your EasyEquities accounts all count towards the Vitality Money points you can earn for savings and retirement. For your convenience, your portfolio will be automatically linked to Vitality Money, so you don't have to upload any extra proof. Learn more.

With this feature, you always have access to investing that's simpler, safer and even more rewarding, right from your app!

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This article is meant only as information and should not be taken as financial advice. For tailored advice, please contact your financial adviser.

Discovery Miles do not constitute currency or any other medium of exchange in circulation in South Africa. Rewards are based on your engagement in Vitality programmes, Discovery products, and monthly qualifying card spend. Discovery Bank, Auth FSP. Limits, terms and conditions apply.

Discovery Miles are more valuable than cash on the Discovery and Discovery Bank apps, in-store and online with Discovery Vitality's partners.

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