Quick Answer: What Is The Vitality Savings Account?

How much does vitality money cost?

Discovery Card feesDiscovery CardBlackPlatinumMonthly feesMonthly account feeR110R60Monthly Vitality Money premiumR45R30Monthly single credit facility feeR30R3024 more rows.

How do I activate vitality money?

Log in to the app using the username and password that you used to register your profile on the Discovery website and then navigate to the Vitality page in the app. Tap on Vitality Active Rewards and follow the prompts to activate the benefit.

How do you get to Diamond status with vitality money?

From 2020 you will no longer have to achieve Gold Vitality status for three consecutive years to reach Diamond status. You can now reach Diamond Vitality status in a single year by earning 50 000 Vitality points. This means that your health and fitness outcomes will now be directly related to your Vitality status.

What bank give the best interest rate?

Here are Bankrate’s selections for the best savings account rates from top online banks:Best Overall Rate: Vio Bank – 0.66% APY.High Rate: Synchrony Bank – 0.60% APY.High Rate: Comenity Direct – 0.60% APY.High Rate: Popular Direct – 0.60% APY.High Rate: Ally Bank – 0.50% APY.More items…

What interest rate does a savings account pay?

0.05% APYAccording to the FDIC, the national average interest rate on savings accounts currently stands at 0.05% APY. This applies to both average and jumbo deposits (balances over $100,000).

How does vitality savings account work?

It’s Dynamic Interest Rates. For the first time, you can control your interest rates by improving your Vitality Money status. … Pay up to 6.75% less on your credit and get up to 4.75% interest on your demand savings and up to 3.75% on the money in your everyday accounts, as you improve your status.