Absa | Get cash back in your pocket with Absa Rewards

Absa Rewards is FREE in 2023!

Say goodbye to monthly membership fees on Absa Rewards from 1 January 2023.

Tell me more

Grocery

Earn up to 30% real cash back, depending on your Rewards Tier at Food Lover's Market, Pick n Pay and Woolworths.

Fuel

Earn up to 30% real cash back, depending on your Rewards Tier when you fill up or shop at Sasol.

Health and Beauty

Earn up to 30% real cash back, depending on your Rewards Tier on health and beauty purchases at Dis-Chem.

Partners

Earn up to 30% real cash back, depending on your Rewards Tier at Rewards partners.

Cash back

Earn real cash back on all other Absa card purchases from Absa Rewards.

Digital Lifestyle

Earn up to 30% real cash back, depending on your Rewards Tier with our Digital Partners.

Introducing Absa Small Business Friday.

Get rewarded for shopping local and support small businesses near you. Pay with your Absa card and earn cash back every Friday.

Tell me more

We reward you for banking with Absa by putting real cash back in your pocket.

Qualifying Engagements

Qualifying Engagements required to earn monthly Cash Back as a Rewards member

Rewards members are required to meet a minimum of five (5) Engagements per Accrual Period each month to earn cash back. You will not earn Cash Rewards in a particular Accrual Period if you perform less than 5 (five) engagements within the Accrual Period in question.

The following events constitute an Engagement:

Banking App logins [minimum of 3 (three) events per month].
Digital Lifestyle voucher purchases.
Complete an Absa Advantage challenge [minimum of 2 (two) challenges per month].
Deposits into a qualifying Transactional Account.
Perform at least one of the following bank transaction types:

Transaction types*
Cash withdrawals Cheque withdrawals Transfers out Debit orders out Point of sale (incl digital wallets and device payments).	Prepaid airtime Point of sale Authenticated early debit orders Non-authenticated early debit orders Internet real-time debit	CashSend transactions Bill payments Own defined payments Prepaid electricity	Purchase and Cash withdrawal POS Cash Passport purchase

Exclusions

Inter account transfers are excluded from the list of qualifying engagements.

Rewards Scores and Tiers

Customers under the age of 55 cannot move beyond Tier 1 unless they have downloaded and registered on the Absa Banking App. Banking Products There are 10 product categories that you can take up. These contribute towards your Rewards Tier.
Category	Product Category	Monthly Score
Transactional product categories	Transactional savings account and/or cheque account without an overdraft or	100
	Transactional cheque account with an overdraft	150
	Credit card with a debit order towards monthly repayments or	50
	Credit card with a debit order towards monthly repayments and a cheque account	65
Non-transactional product categories	Home loan or a Universal Loan product with a minimum outstanding balance of R5 000 and a debit order towards monthly repayments	85
	Absa Vehicle and Asset Finance with a minimum outstanding balance of R5 000 and a debit order towards monthly repayments	55
	Personal loan with a minimum outstanding balance of R5 000 and a debit order towards monthly repayment	55
	Savings and investments including Unit Trusts, Annuity Fund, Tax free savings investment and Currency investment account with a minimum combined investment balance of R5 000 (Five Thousand Rands)*	55
	Insurance product (short or long-term insurance that is active)	20
	Wills (in safe custody with Absa and Absa as the appointed executor)	10

*Excluding: Absa Money Market Fund, Income and Growth Performa, Club Account, Travel Club, Investment Club, Grocery Club, Liquidity Plus, Senior Save, Absa Call Account and 32 Day Notice Bonus Deposits.

Banking Activities There are three banking activities that will also contribute towards your monthly Rewards score allocation.
Category	Activity type	Monthly Score
Use our banking products	Deposit your salary or a minimum of 50% of your salary into your Absa Transactional Account monthly or make payments to the value of R32 000 and complete 10 or more transactions monthly. Score awarded if you have met this criteria during the current month.	340
Bonus score	Have three or more Home Loans, Vehicle Asset loans or a combination thereof. Each loan must have a minimum outstanding balance of R5 000 and a debit order towards monthly repayments to qualify for this score.	30
Recurring monthly payments into savings and investment accounts	Set up a R250 or more recurring stop order payment into your savings and investment accounts to qualify for the score. We will only allocate the score after you have met this criteria in the previous two months.	20

Earn Rates and Spend Limits

Bank Earn

The Bank Earn Model has been changed from a percentage-based to a fixed-value model. The fixed-value model table illustrates the maximum qualifying spend value assigned to each tier level. There will no longer be a distinction between the Earn Rates for Debit and Credit Card spend. To see our new Bank Earn tables and how much you can earn based on your Rewards tier, click here.

MCCP & Partner Earn

The percentage of Cash Rewards you can earn is determined by your Rewards tier, which is calculated monthly based on the products you have and the way you bank. You will also enjoy higher earn rates when you use your credit card.

Customers under the age of 55 are not able to move beyond Tier 1 unless they have downloaded and registered on the Absa Banking App.

	Tier	Tier 1	Tier 2	Tier 3	Tier 4	Tier 5
	Score Range	0 – 499	500 – 599	600 – 699	700 – 799	+800
Cash Rewards when you load your Multi-Currency Cash Passport Card. (MCCP)	Earn rate: Multi-currency Cash Passport	0.25%	0.50%	0.80%	1.00%	1.25%
Cash Rewards from Absa (SME Earn)	Earn rate: Debit card	0.15%	0.25%	0.30%	0.35%	0.40%
Cash Rewards from Absa (SME Earn)	Earn rate: Credit card	0.20%	0.40%	0.75%	0.95%	1.15%
Cash Rewards at Grocery Partners (Grocery Earn)	Earn rate: Debit card	0.15%	0.45%	0.50%	1.50%	4.50%
Cash Rewards at Grocery Partners (Grocery Earn)	Earn rate: Credit card	0.20%	0.65%	1.25%	6.25%	30.00%
Cash Rewards at Sasol (Fuel Earn)	Earn rate: Debit card	0.50%	0.65%	0.75%	2.00%	4.50%
Cash Rewards at Sasol (Fuel Earn)	Earn rate: Credit card	1.00%	1.50%	2.50%	6.50%	30.00%
Cash Rewards at Dis-Chem (Health & Beauty Earn)	Earn rate: Debit card	0.50%	0.65%	0.75%	2.00%	4.50%
Cash Rewards at Dis-Chem (Health & Beauty Earn)	Earn rate: Credit card	1.00%	1.50%	2.50%	6.50%	30.00%

Spend limits for Cash Rewards

Customers	Segment	Spend Limit
Cash Rewards from Absa	Wealth Customers	R75 000
	Private Bank Customers	R50 000
	Premium Customers	R25 000
	Gold Customers	R15 000
Cash Rewards at Grocery Partners	Across segments	Purchases in excess of spend limit (30% of Total Spend or R3000 whichever occurs first) will no longer be taken into account when calculating the Bank Earn cash back amounts. Example: The spend limit on Grocery Partners is R3 000 and you spend R3 500. You will earn Grocery Earn on R3 000 and will get no Bank Earn on the R500 over the spend limit
Cash Rewards at Sasol	Across segments	Purchases in excess of the spend limit (30% of Total spend or R3000 whichever occurs first) will not earn any cash back at Sasol filling stations and convenience stores.
Cash Rewards at non-Sasol filling stations and convenience stores	Across segments	Non-partner Fuel Spend (0.15% flat rate) will no longer contribute towards your Fuel Partner Earn; this will instead now accumulate towards your Bank Earn.
Cash Rewards at Dis-Chem	Across segments	Purchases in excess of the spend limit (30% of Total spend or R3000 whichever occurs first) at Dis-Chem will not earn any cash back.
Cash Rewards at Rewards Partners	N/A	This is cash back earned when you use your Absa card at one of our selected Rewards Partners. You will earn up to 30% real cash back, depending on your Rewards Tier from our partners when you use your Absa card for point-of-sale purchases for your qualifying in-store and online transactions at our selected partners. Each partner offers a different earn rate/set of rates and this is based on the partner offering. You can find an updated list of all our partners and their offers here

Accrual Period and Cash Rewards Payout

The accrual cycle (also known as the accrual period) is the period of your spend during which you accumulate Cash Rewards. This cycle begins on the 16^th of every month and ends on the 15^th of the following month (both dates inclusive).

The scores are calculated on the last day of every month.

Start of accrual period	Tier calculation for current accrual period	End of accrual period	Pay-out of Cash Rewards
16th	Last day of every month	15th	1st of the following month
Month 1			Month 2

Your Cash Rewards are paid into your Absa Rewards account to redeem and spend whenever you wish. Register for Absa Online banking or download our mobile app to redeem and keep track of your Cash Rewards.

How to redeem
Your Cash Rewards are always accessible to you through six (6) channels:

Absa Banking App

Absa Online Banking

Whatsapp Banking

USSD Banking (*120*2272#)

Self-service ( Dial 0861788888 option 1 )

ATM
What to redeem into
You can redeem your Cash Rewards for:

Cash into your Transactional account

Saving them to an Absa Unit Trust or TruSave account

It will take up to four working days for the redemption to reflect in your Unit Trust account. A minimum redemption value of R200 (per redemption) applies to Cash Rewards redeemed and transferred to an Absa Unit Trust Account.

Standard Absa Rewards and Unit Trust terms and conditions apply.

Vouchers

Donation to one or more of these charities:

Qhubeka Foundation

Johannesburg Child Welfare

Nelson Mandela Foundation

Reach for a dream

Red Cross Children's Hospital

Sesego Cares

World Vision

Never miss a chance to earn real cash.

Zulzi partner exit

Zulzi will no longer be one of our Rewards Partners from 31 July 2023. You can still earn up to 30% real cash back from our Rewards Partners (Woolworths, Pick n Pay, Food Lover’s Market, Dis-Chem and more), depending on your Rewards tier.
Enhance your gaming experience
We are reviewing the Xbox and Roblox vouchers listed below to offer you more value. The list of vouchers is no longer available on the Absa Banking App from 30 April 2023. The vouchers will be reloaded and available for purchase on our voucher list once the upgrade is complete.

Xbox Game Pass products

Xbox Game Pass 3 Month

Xbox Game Pass 6 Month

Xbox Game Pass PC 3 Months

Xbox Game Pass Ultimate 1 Month

Xbox Game Pass Ultimate 3 Months

Roblox products

Roblox R199

Roblox R499
Zero membership fees, no counting points, just real cash back

We have made some incredible changes to our Absa Rewards programme to give you real everyday value that ensures that with every spend at one of our partner stores you will get real cash back in your pocket. For more information click here