Absa offers a number of  saving account options to help you store money away that you have no immediate need for. Unlike an investment account, a savings account allows you to earn interest with no inherent risk as your capital is guaranteed. Absa's savings accounts are designed to meet your short term needs which may be either: you securing money away for a short term goal or a group of people wanting to save together.

A savings account is essentailly a compromise between a current account and an investment account. Unlike a current account the facilities are limited but you'll earn interest on a positive balance. There is no risk in a savings account where your returns might be lower, unlike in an investment account which has higher risk and your returns could go either way.

A savings account can be instantly accessed through through  Internet,  Cellphone and  Telephone  Banking.