How to Deposit Money into Discovery Bank

Do you wish to learn how to deposit money into Discovery bank? Discovery is one of the biggest diversified financial services companies in South Africa. Their products range from banking to health and insurance. You are here because you are a customer and you now wish to deposit money into your account. How do you do that, considering that Discovery does not have physical banking halls?

Where can I deposit money into my Discovery bank account?

The following is how to deposit money into your Discovery bank account;

  • Visit your nearest Pick n Pay, Checkers, Boxer or Shoprite store.
  • When you get there, you need to tell the teller that you wish to make a deposit into your account. Make sure that they understand that you are not making a payment.
  • You will be asked to insert your Discovery bank card into the POS machine. Enter your PIN.
  • Now give the money that you wish to deposit to the teller.
  • You will get a slip that with details of the transaction.

Do I need an account number?

That’s how to deposit money into your Discovery bank account. One question that you may be asking yourself is whether or not you need your account number when making the deposit.

The answer is no, you don’t need to have your account number. You bank card is linked to your account, and that’s all that is needed when making a deposit.

Recover your Discovery bank PIN

How much can you deposit?

It’s easy enough to deposit money into your account. But how much can you deposit at one given point in time?

Each deposit that you make can be no more than R5000. Please note that you cannot deposit more than 5 deposits a day. It means you can deposit up to R25000 per day.


In this article, we showed you how to deposit money into your Discovery bank account. It was noted that this is something that many people find challenging because Discovery bank does not have physical branches.

The good news is that you can make a deposit at any one of the country’s major retailers given above. That’s great because it means you won’t have a shortage of places where you can transact.

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