ABSA Banking Solution : Account
Most popular accounts
Transact Account
Minimum income:
Less than R2 000 pm
Monthly fee:
R4.95 pm
- Free monthly e-statements
- Meet all your basic banking needs
- No minimum banking balance is required
What you can expect
Better everyday banking
- Monthly fee of R4.95
- No minimum balance needed to open your account
- Free Absa Online, mobile and telephone banking
- Free debit card swipes
- Safely withdraw cash at selected retailers
- Top-up prepaid electricity or airtime from your account
- Get monthly and interim statements from Absa ATMs or branches
- Access NotifyMe SMS or email notifications
- Make free balance enquiries at Absa ATMs, selected retailer tills and Absa supported ATMs
- Make withdrawals, deposits, transfers, account payments, print balances and statements at any Absa ATM
- Send money to someone who doesn’t have a bank account with CashSend.
Flexi Value Bundle
Minimum income:
R3 000 pm
Monthly fee:
R55 pm
- 3 free Absa ATM cash withdrawals
- Free funeral cover to the value of R15 000
- Access to ATM Instant Loans
What you can expect
Better everyday banking
- Bundle of transactions at a monthly fee of R55
- Free Absa Online, mobile and telephone banking
- Free card swipes
- Free cash withdrawals at tills
- Free internal debit and stop orders
- Free NotifyMe SMS or email notifications
- Free monthly eStatements
- 3 free Absa ATM cash withdrawals
- 11 electronic account and beneficiary payments
- 24/7 access to the largest ATM network in South Africa
- Switch your debit orders for free
- Buy prepaid airtime or electricity
- Use CashSend to send money to anyone without a bank account.
Premium Banking
Minimum income:
R25 000 pm
Monthly fee:
R159 pm
- Exclusive priority banking at selected branches
- Free financial needs analysis
- 8 free Take-me-Home trips
What you can expect
Smarter banking
- R159 per month
- Includes:
- Free online banking
- Free mobile app banking
- Free NotifyMe SMS notifications
- Free card swipes
- 7 free Absa ATM cash withdrawals
- 5 free Absa ATM cash deposits
- Debit card with contactless tap and pay
- One card credit card solution: access your debit, credit or savings account with one card
- View and pay bills online using the walletdoc app or website
- Keep all card and payment details in your MasterPass digital wallet