Updated September 28, 2026 · BorrowCue Editorial Team
Discovery Bank vs Moneyland.ch
Discovery Bank vs Moneyland.ch: the differences
| Compare |  Discovery Bank |  Moneyland.ch |
|---|---|---|
| Loan amount | ZAR 15,000 to ZAR 500,000 | CHF 40,000 to CHF 250,000 |
| Term | 6 to 72 months | 60 to 120 monthsHigher |
| Arrangement fee | Once-off credit initiation fee set by National Credit Act guidelines (amount confirmed in offer), plus R69 monthly credit service fee | 0 CHF |
| Credit check | Hard | Soft prequal |
| Funding time | within 48 hours | About three weeks from submitting the application to final payout |
| Lender type | Direct lender | Broker |
| Eligibility | 18 years or older, valid South African identity document, proof of residence not older than three months, proof of income | From 18 years, max age usually 64 to 65 at contract start, residence in Switzerland required, permit C usually accepted, permanent employment and minimum net income |
| Loan types | Personal, Credit line | Personal, Debt consolidation |
| Credit needed | Good | Fair |
| APR | Not confirmed | 4% to 12% |
| Rate type | Variable | Not confirmed |
Same on both: Free early repayment (Yes), Use cases (Home improvement).
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Key differences
- Discovery Bank scores higher overall: 9.2 vs 9.1.
- Moneyland.ch is available in 1 more country.
- Term is higher at Moneyland.ch: 60 to 120 months vs 6 to 72 months.
- Support channels: only Discovery Bank offers Chat, Help centre.
- Support channels: only Moneyland.ch offers Email, Community.
- Loan types: only Discovery Bank offers Credit line.
- Loan types: only Moneyland.ch offers Debt consolidation.
Our verdict on each
Discovery Bank
Discovery Bank suits South African adults with a good credit record who want a personal loan or a revolving credit line from a direct lender, and it holds up well for anyone who plans to clear a loan early.
Moneyland.ch
Moneyland.ch suits Swiss borrowers with permanent employment who want a personal loan or to consolidate debt, with an origination fee of 0 CHF and free early repayment on offer. Rates of 4% to 12% compare favourably with Cashpace at PHP 12 to PHP 36, though payout waits run over weeks.
Score breakdown
| Area | Discovery Bank | Moneyland.ch |
|---|---|---|
| Cost | 9.2 | 9.4Higher |
| Offer | 9.1 | 9.6HigherRates of 4% to 12%, an origination fee of 0 CHF and free early repayment make the cost of a loan here easy to predict. |
| Trust | 9.2Higher | 8.4 |
Positions in our rankings
| Ranking | Discovery Bank | Moneyland.ch |
|---|---|---|
| Personal loans | 420 of 1932 | 582 of 1932 |
| Mortgages | 124 of 719 | 194 of 719 |
| Remortgage deals | 86 of 351 | 140 of 351 |
| Home improvement loans | 166 of 562 | 255 of 562 |
| Equity release | 6 of 32 | 8 of 32 |
Feature by feature
| Loan types | Discovery Bank | Moneyland.ch |
|---|---|---|
| Personal | Yes | Yes |
| Debt consolidation | No | Yes |
| Credit line | Yes | No |
| Use cases | Discovery Bank | Moneyland.ch |
|---|---|---|
| Home improvement | Yes | Yes |
Also worth a look
Sofkredit has term at 6 to 240 months, against 6 to 72 months for Discovery Bank and 60 to 120 months for Moneyland.ch.
Sofkredit reviewWhere these facts come from
Discovery Bank
- discovery.co.za: 16 facts, checked September 26, 2026
Moneyland.ch
- moneyland.ch: 16 facts, checked September 26, 2026
Every fact side by side
| Fact | Discovery Bank | Moneyland.ch |
|---|---|---|
| Features | Credit line | Not confirmed |
| Legal entity | Discovery Bank Limited | moneyland.ch AG |
| Headquarters | South Africa | Switzerland |
| Founded | Not confirmed | 2013 |
| Support channels | Chat, Phone, Help centre | Email, Phone, Community |
Mortgages
| Fact | Discovery Bank | Moneyland.ch |
|---|---|---|
| Fixed period | 30 yearsHigher | 1 to 20 years |
| Maximum loan to value | 100%Higher | 66% to 90% |
| Product fee | ZAR 6,037.50 | CHF 0 |
| Purpose | Purchase, Remortgage, First time buyer, Equity release | Purchase, Remortgage, First time buyer, Buy to let, Equity releaseCovers more |
Where each stands against the rest
| Fact | Discovery Bank | Moneyland.ch | Median |
|---|---|---|---|
| APR | Not confirmed | 4% to 12%lowest quarter | 8.99 |
| Term | 6 to 72 monthsabove the median | 60 to 120 monthshighest quarter | 60 |
Median across 1005 listed lenders.
Pros and cons
Discovery Bank
Pros
- Free early repayment: settling a personal loan early adds no charge, which is true of 81.2% of the listings.
- Lending runs ZAR 15,000 to ZAR 500,000, well past Monzo Flex at £10,000 to £35,000 and Cashspace ES at €100 to €5,000.
- A personal loan and a revolving credit line sit with the same lender (personal and credit line), so a staged home improvement draws only what the work needs.
Cons
- A variable rate leaves the final cost open until rates move, and the field leans the other way at 80.5%.
- The credit check is hard and the record needed is good, so a thin file has to clear a full assessment before an offer.
- The arrangement fee adds a monthly credit service fee on top of the once-off credit initiation fee, so a small balance still carries a monthly charge.
Moneyland.ch
Pros
- Personal loan rates of 4% to 12% sit below the ranges at Cashpace, PHP 12 to PHP 36, and Monzo Flex, 10% to 23%.
- The origination fee on a personal loan is 0 CHF, so no setup charge joins the amount you borrow.
- Free early repayment is available, so an overpayment or a payoff before the end of the term costs nothing extra.
Cons
- Payout takes a few weeks from submitting the application to the final payout, so plan the first repayment around that lead time.
- Support runs on email, phone and community only, with no live chat or self service help centre listed.
- The smallest deal sits at the lower edge of CHF 40,000 to CHF 250,000, so a small top up falls out of range.
Who each suits
Discovery Bank
Who it suits
- South African adults with a good credit record who can show a valid identity document, recent proof of residence and proof of income.
- Borrowers funding home improvements who want a revolving credit line for staged work as well as a personal loan.
- Homebuyers, since lending covers purchase, remortgage and first time buyer and a home loan runs to 100%.
Who should look elsewhere
- Anyone after a small one-off sum: Cashspace ES runs €100 to €5,000 and Cashspace runs PHP 500 to PHP 25,000, both far below ZAR 15,000 to ZAR 500,000.
- Borrowers who need a fixed rate to plan ahead: Discovery Bank is variable while 80.5% of the listings are fixed.
- Borrowers outside a single market: the bank is based in South Africa, so Monzo Flex at £10,000 to £35,000 suits a sterling customer better.
Moneyland.ch
Who it suits
- Borrowers in Switzerland with permanent employment and a minimum net income, comparing personal loans and debt consolidation of CHF 40,000 to CHF 250,000.
- Anyone who expects to repay early, since free early repayment is available.
- Readers who prefer a broker quoting a range of lenders, with 4% to 12% to set beside Cashpace and Monzo Flex.
Who should look elsewhere
- Anyone needing a small loan, since the amount range starts high at CHF 40,000 to CHF 250,000.
- People who want live chat or a self service help centre, since support runs on email, phone and community only.
- Readers who would rather hold a single lender's loan than a broker comparison, as at Monzo Flex with 10% to 23% or Cashpace with PHP 12 to PHP 36.
Current offers
Discovery Bank
Current offer
Bonus
Join Discovery Bank and get 75% off Virgin Active gym fees: 75% off Virgin Active gym fees
Add Vitality; applies to a local club membership; terms and conditions apply
Source, checked September 26, 2026
Bonus
Save up to 5% on your monthly personal loan repayments: up to 5% interest rate discount on personal loans
Limited offer; discount set by Vitality Money status at application and fixed for the full loan term; terms and conditions apply
Source, checked September 26, 2026
Moneyland.ch
Current offer
Bonus
Swiss private bank discretionary wealth management offer via moneyland special offers: Up to CHF 100 gifted
Individual portfolios and unlimited access to the Wealth Advisor, daily rebalancing, free and uncomplicated via video call
Source, checked September 26, 2026
Bonus
UBS Banking for adults welcome gift via moneyland special offers: CHF 50
Account including savings account and cards managed in the UBS Mobile Banking app, plus KeyClub bonus programme
Source, checked September 26, 2026
Bonus
Saxo Bank special offer via moneyland special offers: Up to CHF 200 brokerage fee refund
Refund of brokerage fees for 90 days, plus free expert analysis and trading signals
Source, checked September 26, 2026
Country by country
| Country | Discovery Bank | Moneyland.ch |
|---|---|---|
| Liechtenstein | No | Yes |
| South Africa | Yes | No |
| Switzerland | No | Yes |
Questions about each
Discovery Bank
Who regulates Discovery Bank, and does that protect the loan?+
Discovery Bank is authorised as an authorised financial services provider by the Financial Services Conduct Authority under FSP48657, and registered as a credit provider with the National Credit Regulator under NCRCP9997. Lending is direct, so the bank is the counterparty on the balance. Ask the bank directly what applies to a loan in good standing.
How quickly is a Discovery Bank personal loan funded?+
Money is released within 48 hours of the application being approved. Terms run 6 to 72 and the amount runs ZAR 15,000 to ZAR 500,000, so a home improvement can be covered in one draw once the paperwork is in. Applications ask for proof of income and recent proof of residence, which adds handling time before the clock starts.
Moneyland.ch
What will a loan cost me through Moneyland.ch?+
Rates on personal loans run 4% to 12%, and the origination fee is 0 CHF, so the number worth comparing is the interest rate rather than a setup charge added on top. The rate you are finally offered depends on the lender your details reach, so treat the range as the starting point for your own figures.
Are there arrangement or product fees?+
The origination fee on a personal loan is 0 CHF, and the product fee on the mortgage comparison is CHF 0, so neither side adds a separate charge when an agreement starts. What you pay overall is the interest set on your own agreement, and a longer term spreads that cost further across the months.