Discovery Bank's analysis of client transaction data during December 2024 reveals fascinating holiday spending trends. Clients booked 18,000 flights, traveling over 320 million kilometers to 90 countries. Despite increased travel and holiday spending, Discovery Bank clients demonstrate strong financial resilience, maintaining a surplus in their salaries even after the festive season.
Discovery Bank Festive SpendTrend 2024/2025: Clients’ book 18 000 flights and fly 320 million kilometres
Discovery Bank is well known for the shared-value rewards and savings its clients enjoy as they improve their financial and physical wellbeing. During the festive travel period, Discovery Bank clients who booked flights on theplatform could be found on more than 18,000 planes, visiting over 90 countries and collectively flying more than 320 million kilometres.
“Travel is an essential part of holidays, and in 2024, flight prices on the most popular local routes increased by up to 16% and on popular international routes by up to 20% compared to the same period in 2023. From our analysis, they also spent 7% more compared with the same period in 2023. Some of the top categories of increased spending included 62% more on outdoor activities, 51% more on movies, 32% more on children’s toys, 26% more on eating out and takeout, and 15% more on clothes.
Travel DISCOVERY BANK FESTIVE SPENDING TRAVEL TRENDS FINANCIAL WELLBEING HOLIDAY PURCHASES
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