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Earn up to 30% real cash back, depending on your Rewards Tier on everyday purchases from our grocery, fuel and health and beauty partners. It pays to pay with your Absa Card

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Grocery

Up to 30% real cash back at Food Lover's Market, Pick n Pay and Woolworths.

garage
Fuel

 Up to 30% real cash back when you fill up or shop at Sasol.

health and beauty
Health and Beauty

 Up to 30% real cash back on health and beauty purchases at Dis-Chem.

partners
Partners

 Up to 30% real cash back at Rewards partners.

cash in hand
Cash back

Up to 1.15% real cash back on all other Absa card purchases from Absa Rewards.

health and beauty
Digital Lifestyle

Up to 30% real cash back with our Digital Partners.

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We would like to treat you with 10% off a meal at Nando's.

Simply pay with your Absa Card on the Nando's App or in-store and use code 8201001000642

 

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

  • Rewards Scores and Tiers

    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 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 into your Absa transactional account and complete 10 or more transactions or make payments to the value of R32 000 and complete 10 or more transactions. Score awarded if you have met this criteria during the current and previous 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

    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 from Absa (Bank Earn)

    Earn rate: Debit card

    0.15%

    0.25%

    0.30%

    0.35%

    0.40%

    Earn rate: Credit card

    0.20%

    0.40%

    0.75%

    0.95%

    1.15%

    Earn rate: Multi-currency Cash Passport

    0.25%

    0.50%

    0.80%

    1.00%

    1.25%

    Cash Rewards at Grocery Partners (Grocery Earn)

    Earn rate: Debit card

    0.15%

    0.45%

    0.50%

    1.50%

    4.50%

    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%

    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%

    Earn rate: Credit card

    1.00%

    1.50%

    2.50%

    6.50%

    30.00%

    *You will earn a flat rate of 0.15% cash back on fuel spend at non-Sasol fuel stations.

    Spend limits for Cash Rewards

    Customers

    Segment

    Spend Limit
    Cash Rewards from Absa Wealth Customers R75 000
      Private Bank Customers R50 000
      Retail Customers R25 000
    Cash Rewards at Grocery Partners Across segments

    Purchases in excess of spend limit (30% of Total Spend or R3000 whichever occurs first) will earn up 1.15% real cash back, depending on your Rewards Tier
    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

    Customers will earn a flat rate of 0.15% cash back on spend at non-Sasol filling stations across all tiers, regardless of debit or credit card payment.
    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 16th of every month and ends on the 15th 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.
       
    • Prepaid airtime vouchers from Telkom Mobile, Telkom, Cell C, Neotel, MTN, Virgin Mobile or Vodacom
    • Vouchers
    • Donation to one or more of these charities:
      • Qhubeka Foundation
      • Johannesburg Child Welfare
      • Nelson Mandela Children's Hopsital
      • Nelson Madela Foundation
      • Reach for a dream
      • Red Cross Children's Hospital
      • Sesego Cares
      • World Vision
      • Do More Foundation 
      • JAMSA

Never miss a chance to earn or save.

  • Absa Rewards programme update effective 16 February 2021

    The Absa Rewards programme is changing effective 16 February 2021. Changes include updates to score ranges, product and behaviour scores, the introduction of apportioned spend limits and a focus on digital enablement (customers under age 55 will not be able to move beyond Tier 1 unless they have downloaded and registered on the Absa Banking App). For more information , click here.

Getting started with Absa Rewards

Absa Rewards terms and conditions

Digital voucher terms and conditions

Membership feesRewards partners

Join now

Need more help?

Let one of our consultants help you get the best rewards.

Call us on:

0861 78 88 88

Email us at:

absarewards@absa.co.za

Visit your nearest branch