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premium debit card
Monthly fee
R60
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Key benefits of your Absa Prosperity Cheque Account

Get exclusive rebates

Tailored banking for over 55s

Designed for seniors, this cheque account offers exclusive rebates on monthly fees when you maintain a minimum balance.

Explore investment opportunities

Absa Rewards cash back

Join Absa Rewards for free and earn real cash back on every swipe with your Visa debit card at participating retailers.

No monthly fee for internet banking

Free Will drafting for over 60s

If you’re over 60, get free assistance to draft your will, ensuring your legacy is protected with professional guidance.

What’s included in your Prosperity Cheque Account

Prosperity Account benefits

Rates and fees

What you need to apply

Smarter banking features

Lifestyle & travel perks

  • Prosperity Account benefits

    Seamless Digital Banking

     

    Contactless Visa Debit Card

    • Make fast, secure payments with your chip-enabled Visa debit card, featuring tap-and-pay technology for effortless transactions.

     

     

  • Rates and fees

    Apply for your Prosperity Cheque Accouny today and enjoy banking that fits your lifestyle!
     
    • Monthly fee: R60.00 

  • What you need to apply

    Start banking smarter with the Absa Prosperity Cheque Account. Here’s what you need to qualify:

     

    • Aged 55 or older
    • Valid South African ID, passport, or work permit for foreign nationals
    • Proof of residence (e.g., utility bill, lease agreement) not older than three months
    • Proof of income (e.g., payslip, three months’ bank statements) if applying for an overdraft
    • Not under debt counselling, intervention, or curatorship.
     

  • Smarter banking features

    Bank with ease using features designed for South African seniors:
     
    • Monthly Fee: Affordable fee with rebates for maintaining a minimum balance
    • Digital Access: Free Absa Banking App and Online Banking with real-time notifications and emailed statements
    • Visa Debit Card: Unlimited swipes, contactless payments, and integration with digital wallets like MasterPass
    • CashSend Transfers: Send money instantly to any South African cellphone number
    • Savings Boosters: Earn competitive interest to boost your savings
    • Overdraft Access: Quick access to funds for unexpected expenses (subject to credit approval)

  • Lifestyle & travel perks

    Elevate your banking with these exclusive benefits:
     
    • Absa Rewards: Earn cash back on card purchases with free membership
    • Will Drafting Assistance: Free support for over 60s to draft a legally binding will
    • Prepaid Transactions: Top up airtime, data, or electricity via the Banking App or ATMs with no fees
    • Investment Options: Access tailored savings and investment products to grow your wealth.

Frequently Asked Questions
 

Start banking the way you have always wanted to

Download the Absa Banking App today.

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Need more help?

Let one of our consultants help you get the best account for your needs.

Call us on: 0860 100 372

Email us at: absa@absa.co.za

Visit your nearest branch