Planning an international trip is always exciting - new experiences, cultures, and memories await. But while you're mapping out your itinerary, don't forget to plan for the financial side of things.
Your holiday budget is key to ensuring a stress-free trip, and with Discovery Bank's Forex accounts, you can lock in your savings and protect your money from unpredictable currency fluctuations.
Travelling abroad? Take your money further with a Forex account
Imagine being able to save in the currency of your choice, all from the comfort of your banking app. With Discovery Bank's next-generation Forex accounts, you can do just that. Opening a Forex account takes mere seconds, giving you access to British Pounds, Euros, and US Dollars - the currencies you'll most likely need for your international travels.
But why is this so important? South Africa's Rand is known for its volatility, often swayed by political events, economic shifts, and even global rating agency decisions.
By transferring some of your holiday savings into a foreign currency account, you're not only protecting yourself against sudden devaluation of the Rand, but you're also taking advantage of potential gains when the exchange rate works in your favour. It's a smart move that ensures your holiday budget remains intact, no matter what happens on the currency front.
Why choose Discovery Bank's Real-Time Forex Accounts?
With no minimum balance required, anyone with a Discovery Bank Transaction Account, Card Account, or Suite can easily add a Forex account to their portfolio. And when it comes to transferring funds between your Rand account and your foreign currency accounts, we've got you covered with zero fees for these internal transfers. It's seamless, convenient, and designed with your needs in mind.
Worried how you'll spend your foreign currency while abroad?
Discovery Bank has thought of that too! You can order a sleek, physical Forex debit card or opt for a free virtual card linked directly to your Forex accounts. These cards are smart - they automatically select the right account based on the currency of your purchase, ensuring you avoid unnecessary conversion fees. Plus, we help you keep track of your foreign currency allowances, so you always know where you stand.
Make travel planning effortless with Vitality Travel
If you're short on time or just want to streamline your travel planning, Discovery Bank's partnership with Vitality Travel is here to help. As the world's first shared-value travel booking platform, Vitality Travel lets you plan your entire holiday through our secure online banking website.
To get started, simply log in to www.discovery.bank from your desktop, select 'TRAVEL' from the top menu, or find the Travel rewards tile on your dashboard. From there, you can browse travel rewards, book your flights, accommodation, and more - all in one go, and with the peace of mind that your finances are secure.
Welcome to the Future of Banking
At Discovery Bank, we're committed to making your financial life easier, more efficient, and more secure. Our Forex accounts are just one example of how we're innovating to meet your needs. So before you jet off on your next adventure, make sure your money is ready to go the distance with a Discovery Bank Forex account.
Remember, this article is for informational purposes only. For tailored financial advice, please consult your financial adviser. Safe travels!