Unlock incredible savings when you switch your home loan to Discovery Bank

Make a smart financial move and save on your home loan! From 1 April to 30 June 2025, when you switch your home loan to Discovery Bank, we'll cover the bond registration fees for loans up to R3 million. That's a saving of up to R30,000 on bond registration fees. This limited-time offer is designed to help you maximise your savings while enjoying a full ecosystem of benefits and tailor-made services that come with a Discovery Bank Home Loan.

Why choose Discovery Bank for your home loan?

When you switch your home loan to Discovery Bank, you unlock a host of benefits that go beyond just savings. Here's why switching is a great choice:

• Quick and easy preliminary offer: Get a preliminary offer in just 5 minutes through our 100% digital process.
• Competitive interest rates: Get personalised interest rates, plus pay up to 1% less when you manage your money well.
• Flexible repayment terms: Choose a repayment term of up to 30 years, giving you the flexibility that suits your needs.
• Apply with up to three co-applicants: Including up to three co-applicants on your home loan application can improve your chances of approval and help secure favourable loan terms.
• Dedicated support: Benefit from a dedicated consultant who will manage your application and guide you through every step of the process.
• Comprehensive protection: Secure your home with home loan protection, building, and contents insurance, seamlessly activated as part of your application.
• Exclusive rewards: Furnish your home for less with up to 30% back in Ðiscovery Miles at our premium home partners.

What you need to know about this offer

• Eligibility: This offer is available exclusively to Discovery Bank clients with a Discovery Bank Suite, Credit Card Account or Transaction Account with bundled fees, who are the main applicants on their home loan. It's limited to one home loan switching application per client during the campaign period.
• Important dates: Clients can apply for this offer from 1 April 2025 and submit their Letter of Acceptance to Discovery Bank by 30 June 2025 to qualify to have their bond registration fee covered in full on eligible home loans.
• Home loan value: The home loan value must be at least R1 million. For home loan values of R3 million or more, only the bond registration fee on the first R3 million will be covered up to R30,000. For loans above R3 million, a bond registration fee discount of 50% is applicable.
• Other fees: All other fees, such as bond cancellation fees, initiation fees, and Deeds Office fees, will still apply and are not covered by this offer.

Read the Ts and Cs for more information.

Example of potential savings

Here's an example of the bond registration savings when switching a current bond of R2 million:

This calculation is based on the specified home loan amount and will vary depending on the loan amount.

Start your application today

Don't miss out of this fantastic opportunity to save on bond registration fees. Start your application today in the Discovery Bank app, and you could be on your way to significant savings on your home loan.

If you need help, call 0800 07 96 97 24/7/365 to speak with one of our dedicated consultants.

Remember to submit a completed application to switch your home loan by 30 June 2025 to take advantage of this offer!

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

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.

The up to 30% back home partner offer is valid for six months from the date an attorney is assigned to home loan applications submitted by 31 December 2025. Discovery Bank Ltd. Auth FSP 48657. Limits, Ts & Cs apply.