Make a smart move and save big when you switch your home loan to Discovery Bank!

Looking to save on the existing home loan you have with another financial provider? From 1 July to 30 September 2025, Discovery Bank is offering an exclusive home loan switching offer that could save you up to 75% off your bond registration fee on the first R5 million of your South African home loan when you move it to Discovery Bank. This limited-time offer is your chance to unlock incredible savings, while enjoying the full suite of benefits that come with a Discovery Bank Home Loan.

Here's more to know about the offer:

• Who qualifies: Discovery Bank clients with a Suite, Credit Card Account, or Transaction Account with bundled fees.
• Application period: Apply between 1 July and 30 September 2025 and submit your signed Letter of Acceptance by 30 September 2025.
• Loan requirements: Minimum loan of R1 million. The 75% discount applies to the bond registration fee on the first R5 million of your home loan. A 50% discount will apply on any amount over and above R5 million.
• Other costs: All other fees, such as bond cancellation fees, initiation fees, and Deeds Office fees will stil apply and are not covered by this offer.

Why opt for a Discovery Bank Home Loan?

Ready to switch?

This is more than a home loan, it's a smarter way to manage your money well. Don't miss out on this fantastic opportunity to save on your bond registration fee. Start your application today in the Discovery Bank app, submit and send back a signed Letter of Acceptance before 30 September 2025. Remember that the switch process may take some time, so we recommend starting your application early to secure this limited-time offer. Read the terms and conditions for more details.

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

Your Discovery Bank Home Loan questions - answered!

How do I switch or transfer my home loan to Discovery Bank?

You can apply to transfer your existing home loan facility to Discovery Bank by selecting to switch your home loan during the application process in the Discovery Bank app. Simply update to the latest version of the Discovery Bank app, then:

1. Log in to the banking app.
2. Tap More
3. Tap Add Account
4. Select Home Loan
5. Accept the terms and conditions at the bottom of the screen and tap Next
6. Select Switch your home loan and complete the application steps.

What percentage discount can I get on my Discovery Bank Home Loan?

Discovery Bank clients can get an interest rate reduction of up to 1% on their Discovery Bank Home Loan. This interest rate deduction is calculated based on:

• Your Discovery Bank product: Up to 0.25% reduction
• Your Vitality Money status: Up to 0.25%
• Your home loan-related Discovery Life and Discovery Insure products: Up to 0.50% reduction

Note: Clients with a sectional title property, will not be able to apply for Discovery Insure's building cover, so would therefor qualify for a maximum of 0.875% and not 1%. For more information on this, please see: What percentage discount can I get on my home loan with Discovery Life and Discovery Insure products?

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.