Friend Referral Rewards

What are Friend Referral Rewards?

Discovery Bank clients can invite friends and family to join Discovery Bank and they'll earn up to 5 000 Discovery Miles for every friend that signs up with a qualifying account. Plus, their friend will earn up to 5 000 Discovery Miles too!

Who can refer friends using Friend Referral Rewards on the app?

Only primary Discovery Bank clients with a Discovery Account, Discovery Bank Transaction Account, a Discovery Bank Card Account, or a Discovery Bank Suite get referral codes and refer friends using Friend Referral Rewards. This means that secondary cardholders, anyone with only savings or investment accounts, or a Discovery Card that was first issued before the launch of Discovery Bank, don't qualify for Friend Referral Rewards unless they open their own primary qualifying Discovery Bank account.

Secondary Discovery Bank cardholders also don't qualify to refer friends until they've opened a qualifying account. Then they'll get a referral code that they can share to earn Discovery Miles for successful referrals.

How many people can I refer using my unique code?

There's no limit to how many friends you can refer. We'll reward you with Discovery Miles for every qualifying client you refer to us using your unique code. To be seen as a qualifying client, a person must open a qualifying Discovery Bank account and make a qualifying transaction using their virtual card or digital wallet within 30 days.

Which accounts qualify for Friend Referral Rewards and how many Discovery Miles will I earn?

Only two Discovery Bank account types qualify. When your friend opens and uses their new:

How do I qualify for bonus Discovery Miles?

You'll get 2 500 bonus Discovery Miles for successfully referring three qualifying clients, and another 5 000 bonus Discovery Miles for seven more qualifying clients. So, you can get 7 500 bonus Discovery Miles for making 10 successful referrals. We award bonus Discovery Miles only for the first 10 successful referrals.

You'll get your Discovery Miles for a successful referral once their qualifying transaction shows in their bank account.

What is a qualifying transaction?

All new clients must complete a qualifying transaction within 30 days of signing up to Discovery Bank to earn the Discovery Miles from Friend Referral Rewards. Qualifying transactions are:

  1. Virtual card purchases in-store and online
  2. Digital wallet payments, for example using Apple Pay, Fitbit Pay, Garmin Pay, Google Pay and Samsung Pay.

You'll get your Discovery Miles for a successful referral once their qualifying transaction shows in their bank account.

I've referred friends to Discovery Bank already; can I get Discovery Miles for them now?

Unfortunately not. We only award Discovery Miles if your friend uses your referral code, opens a qualifying account during the campaign period and makes a qualifying transaction within 30 days using their virtual card or digital wallet.

I entered the wrong Friend Referral Rewards code by mistake; can I correct it?

No, you can't correct it afterwards. You'll have a chance to confirm the code you enter on the Discovery Bank app. Once it's confirmed, you can't change it. So, check that you enter the correct code, and if you have more than one code, be sure to use the code from the friend you want the Discovery Miles to go to.

How do I share my Friend Referral Rewards code?

To share your unique Friend Referral Rewards code via the banking app, you must:

Remember, you can share your code with friends in any other way too, like social media, messaging or simply telling them.