Save or Invest At ABSA A family or club

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Save or Invest At ABSA A family or club

Choose the right savings and investment options to make sure that you can afford things like education and future goals.

  • Saving and investing together

Saving and investing as a group
Group savings accounts give families or friends the chance to pool their resources to invest more money and gain better returns on their investment.
Investment Club Account
  • Access to Absa Stockbroking events
  • Free annual consultation with a financial adviser
  • This is a group account

Contact your branch

Travel Club Account
  • Up to 50% off accommodation
  • Up to 15% off travel
  • Access to a centralised quotation and booking service
  • Tiered interest rates – the more you save the more interest you earn
  • This is a group account

Contact your branch

Club Account
  • Opening deposit of R50
  • Monthly deposit of R50
  • No monthly management fees
  • Funds are available on 32 days’ notice
  • This is a group account

Contact your branch

Future Plan
  • Opening deposit of R100
  • Tiered interest rates – the more you save, the more interest you earn
  • Many people can save toward your child’s education with one account
  • No bank charges or admin fees
  • Earn an additional Absa contribution of 3.5% interest (capped at R1 000)
Absa Fundisa Fund
  • Minimum lump sum is R40
  • Minimum monthly contribution is R40
  • Anybody can invest for the tertiary education of a child from a low-income household
  • An annual bonus of up to 25% of the amount invested in a year is payable

  • Saving for your family’s future

Building your family’s financial future
If you have fewer than 5 years to save for a family need – like university or school fees – start saving today. If you have more time, there are investments that will help you make the most of the time you have to save.
How long do you have to save?
  • Absa Income Enhancer Fund
    • Opening deposit of R2 000
    • Aims to provide a reasonable level of current income and capital stability
    • Access your money with 48 hours’ notice
    • No fixed investment period
    Absa Wealth Preserver Plus Fund
    • Opening deposit of R2 000
    • Focus on protecting your capital
    • Medium-term investment
    • Aims to provide consistent positive returns above inflation
    Investor Plus
    • Minimum investment of R250 000
    • 24 hours’ notice to access your money
    • Monthly management fee of R75
    Absa Smart Alpha Income Fund
    • Opening deposit of R2 000
    • Aims to provide a higher level of income than traditional money market funds
    • Short-term investment (6 months or more)
    • Access to your money with 48 hours’ notice
    Notice Select
    • Opening deposit of R1 000
    • Make additional deposits at any time
    • Invest for at least 7 days
    • No monthly administration fees
    • You select your own notice period to access your money
       
    Absa Stockbrokers and Portfolio Management
    • Invest and trade in equities and exchange traded funds locally and offshore in over 20 exchanges
    • No minimum amount to start – debit orders from a minimum of R250
    • With over R250 000 to invest, a portfolio manager can help you
    • Invest in a tax-free savings account, for local and offshore exposure
    • No age limit 
    Dynamic Fixed Deposit
    • Opening deposit of R1 000
    • Opening deposit for upfront interest R100 000.01
    • No monthly administration fees
    • Choice of either a fixed interest rate for guaranteed returns or an interest rate linked to prime
    • Immediate access to your interest upfront or access to up to 50% of your investment
    • Ideal if you want higher investment returns with or without immediate access to a portion of your money
    Bonus Deposit
    • Opening deposit of R1 000
    • Fixed interest rate, but earn bonus interest of up to 2% if the prime interest rate rises during your investment period
    • Funds are available on 32 days’ notice
    • Able to use your investment to secure an overdraft
    Islamic Term Deposit
    • Opening deposit of R1 000
    • Shari’ah compliant
    • No monthly fees
    • Pensioners with specific balances qualify for additional profit share
    Fixed Deposit
    • Opening deposit of R1 000
    • Fixed interest rate for your investment term
    • Choose an investment term that suits you
    • Able to use the account to secure a loan or overdraft
    Absa Core Income Fund
    • Opening deposit of R2 000
    • Invest R200 per month
    • Higher level of income than money market unit trust funds
    • Minimum 48 hours’ notice to access your money
    Absa Inflation Linked Income Fund
    • Opening deposit of R2 000
    • Invest R200 per month
    • Real return above inflation (CPI)
    • Minimum 48 hours’ notice to access your money
    Absa Global Multi Asset Feeder Fund
    • Opening deposit of R2 000
    • Invest R200 per month
    • Aims to provide sustainable level of income
    • Minimum 48 hours’ notice to access your money
    Absa Flexible Income Fund
    • Opening deposit of R2 000
    • Low to medium-risk investment
    • Ideal for short- to medium-term investments
    • Seeks optimal income with income stability

     

    Depositor Plus
    • Opening deposit of R15 000
    • The more you invest the more interest you will earn
    • Access your money immediately

      Up to 5 years

  • 5 years +

These products could help you save for your family’s future

Absa Smart Alpha Equity Fund
  • Opening deposit of R2 000
  • Aims to grow your capital
  • Long-term investment (5 years or more)
  • A general equity fund
Absa Select Equity
  • Opening deposit of R2 000
  • Capital growth and income
  • Long-term investment (5 years or more)
  • The fund invests in South African-listed equities
Absa Africa Equity Feeder Fund
  • Opening deposit of R2 000
  • Aims to grow your capital
  • Long-term investment (5 years or more)
  • The fund invests in Africa equities
Absa Global Property Feeder Fund
  • Opening deposit of R2 000
  • Invest R200 per month
  • Aims to provide a total return through investment in equity securities of property companies worldwide. Minimum 48 hours’ notice to access your money
Absa Property Equity Fund
  • Opening deposit of R2 000
  • Aims to grow your capital
  • Long-term investment (5 years or more)
  • Exposure to the JSE-listed property market
Absa Large Cap Fund
  • Opening deposit of R2 000
  • Aims to grow your capital
  • Long-term investment (5 years or more)
  • The fund invests in large capitalisation shares from the FTSE/JSE top 40 index
Absa Stockbrokers and Portfolio Management
  • Invest and trade in equities and exchange traded funds locally and offshore in over 20 exchanges
  • No minimum amount to start – debit orders from a minimum of R250
  • With over R250 000 to invest, a portfolio manager can help you
  • Invest in a tax-free savings account, for local and offshore exposure
  • No age limit 
Virtual Investor

You can use the self service tool to find the right investment product to suit your risk profile and investment needs.