Discovery Bank launches a mortgage product with up to 1% interest rate reduction in South Africa.
Discovery Bank launches a mortgage product in South Africa, offering clients a dynamic interest rate reduction of up to 1%. The bank estimates that 60% of clients may be overpaying on current mortgages, with potential savings of R2.8bn in interest payments. Clients achieve the reduced rates through effective money management with Vitality Money and securing home loans and property with Discovery's insurance products.
May 27, 2024
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