Get cash back when you pay with your Absa card

If you are over the age of 18 years of age with an Absa Transactional Account holding a cheque, debit and/or credit card, you are able to join the programme.

Yes, if the Executor has given power to operate on their behalf.

This is not possible. You need to have an Absa Transactional account that allows for debit orders.

No. Payment of your Absa Rewards membership fees need to be done by debit order.

Yes. You can change your debit order date and/or debit order account details by phoning the Absa Rewards Contact Centre on 0861 78 88 88 or by emailing us at absarewards@absa.co.za

You can update your Absa Rewards debit order details via any of the following channels:

• Online Banking
• Absa Banking App
• Calling an Absa Rewards Consultant on 0861 78 8888
• Emailing absarewards@absa.co.za
• Visiting your nearest branch

If you are over the age of 18 years of age with an Absa Transactional Account holding a cheque, debit and/or credit card, you are able to join the programme.

Every qualifying product and banking behaviour has a score allocated to it. On the last day of every calendar month, all your qualifying products and banking behaviours you have adopted will determine your Rewards tier. Your Rewards tier is re-calculated at the end of every month to ensure that you earn according to your product holding and how you bank at that time.

If you have a shared or club account, the account will only contribute to your Rewards “Tier” calculation if all the participants are registered for our Rewards Programme. Only principal cardholders can redeem Cash Rewards.

If you are the primary or secondary accountholder of a joint account that meets the scoring rules, you will receive the score available for the product. If you are the primary accountholder of a joint Transactional Account, only you will earn Cash Rewards for all the Qualifying Transactions made with the joint account. Only you, the primary account holder, will be able to redeem the Cash Rewards.

This is dependent on your segment (i.e. differentiated by the product you hold).

You can only earn cash back on the up to first qualifying R75 000 you spend on your Absa Card during the accrual period and you earn more on your Credit Card.

Woolworths and SPAR.

Yes. You can only earn cash back on the combined first qualifying R3 000 spend at our participating grocers during the accrual period.

You can only earn cash back on the first qualifying R3 000 you spend at Sasol during the accrual period and you earn more on your Credit Card.

The earn rate is based on the Partner offering. The Cash rewards will be paid into your Absa Rewards account once a month. You can find our updated list of all our partners and their offers on absa.co.za/partners.

The earn rates are negotiated with our Rewards Partners and committed to with an agreement in place with partner terms and conditions applicable. The earn rates vary from partner to partner.

You will only get Cash Rewards on brokerage fee (before VAT) for local trades with Absa Stockbrokers.

Yes. Members are entitled to the following upfront discounts every calendar year:

• 12 tickets for standard 2D and 3D movies
• 2 tickets for 2D and 3D VIP cinema movies
• 2 tickets for 2D and 3D Xtreme cinema movies

Unused discounted ticket allocations are not carried over to the next calendar year.

For a list of the Nu Metro cinema’s and their associated prices, please visit NuMetro.

The 50% discount off movies at Nu Metro is a benefit to Absa Rewards members and is not transferrable.

Yes. We are very proud of our Travelstart offering where our members can get up to 15% cash back from Travelstart (limited to the first R7000 spend per accrual period), over and above the special deals that Travelstart offers. In order to qualify for the cash back from Travelstart, you need to book your flights on the dedicated Absa Travelstart link.

Yes, on selected flights on Emirates Airlines and Etihad Airways. These discounts apply to the base fare only. The following discounts are applicable on these selected International Airlines:

• Emirates Airlines - up to 25% discount off the base fare excluding YQ surcharge and taxes on selected flight bookings made with Emirates airlines, when booking through the dedicated Travelstart link.
• Etihad Airways – up to 30% discount off the base fare, on certain flight bookings made with Etihad airlines, when booking through the exclusive and dedicated Travelstart link.

If you book these flights on the travelstart.co.za website, you will not receive the applicable discounts as part of your Rewards membership. The discounts are only applicable on the dedicated Travelstart link.

There are instances when the price promotions on the public Travelstart website are available on our dedicated link. It is however important to consider that you will only earn the up to 15% cash back on our dedicated link.

A stop order is an instruction that you issue to your bank to make a series of future dated recurring payments, whereas a debit order is an instruction that you provide to a third party (Source: pasa.org.za).

This change was made with the intention of providing our valued customers, with a greater level of convenience. Setting up a debit order for mandatory monthly payments, ultimately provides you with the added reassurance that your account:

• Will not go into arrears;
• Generate unnecessary penalty charges; or
• Negatively impact your credit scoring profile

It is important to take note that this does not in any way prevent you from making payments directly into your Credit Card at any given time. If you load an Installment Only (Minimum Balance Due) debit order on your credit card and pay your Credit Card with equal to or more than your minimum balance due, no debit order will be processed and you will still get the score.

It means that your loan amount and outstanding balance needs to be a minimum of R5000. The balance references your settlement value and not the balance including interest.

If you have a Home Loan amount of R4999 and have a debit order set up, you will not get the Rewards score. The same applies for your Vehicle and Asset Finance and Personal Loan.

All you have to do is have a qualifying Savings & Investment account such as a Unit Trust, Tax-Free Savings Investment or Currency Investment Account with a minimum combined investment balance of R5000.

The following Savings & Investment products are excluded from the score allocation:

• Income and Growth Performa
• Club Account
• Travel Club
• Investment Club
• Grocery Club
• Liquidity Plus

In addition to the above, the Money Market Fund is excluded from Unit Trusts and hence does not contribute to your product score

The following Savings & Investment products are excluded from the Score allocation:

• Income and Growth Performa
• Club Account
• Travel Club
• Investment Club
• Grocery Club
• Liquidity Plus

In addition to the above, the Money Market Fund is excluded from Unit Trusts and hence does not contribute to your product score.

Recurring monthly deposits of R250 or more into a Savings or Investment account needs to be made for two consecutive months to qualify for the score. Important to know is that the R250 deposit can be split into smaller amounts made over the month and can be split over a number of Savings & Investment accounts.

eStatements have to be enabled for all of the qualifying products on the program for the customer to get the score. The following products have eStatements available:

• Transactional
• Credit Card
• Home Loan
• Vehicle Finance
• Personal Loan
• Savings & Investments

This could be due to:

• eStatements on one of your qualifying products not being set up; which can be easily checked and updated on Online Banking; or
• The timing of the eStatement being set up. For instance, if you have set up your eStatement in October, your Rewards score will only be effected in November scoring cycle, which will be accounted for in the December payout period

You only need to make five or more beneficiary payments using Absa Online Banking, the Absa Banking App, an ATM or USSD every month in order to get the Rewards score of 40. This score is allocated for once off beneficiary payments or recurring beneficiary payments.

Beneficiary payments can be set up on Absa Online, the Absa Banking App or via the branch. You will need the beneficiary’s account details if it is an individual account or you can select the beneficiary from the Absa listed beneficiaries (where available).

Think of your Cash Rewards as extra money you can use in any way you like, every month. You can redeem your cash back through any of the available channels and the best part is – you don’t pay any transaction fees.

You can redeem your cash back through five channels:

• Absa Banking App
• Absa Online Banking
• Whatsapp Banking
• USSD Banking (*120*2272#)
• Absa Rewards Contact Centre on 0861 78 8888 (office hours only)

Yes. A minimum redemption value of R200 (per redemption) applies to Cash Rewards redeemed and transferred to an Absa Unit Trust Account.

• Johannesburg Child Welfare
• World Vision
• Sesego Cares
• Nelson Mandela Children’s Hospital
• Red Cross Children's Hospital
• Nelson Mandela Foundation
• Reach for a Dream

You receive an additional 10% worth of Thank U Points when you redeem your Cash Rewards into Thank U points (i.e. R1 = 1100 Thank U Points). The minimum redemption value into Thank U Points is R25 at a time and the maximum redemption value into Thank U Points is R400 per calendar month.

No. Redemptions into Nu Metro vouchers are subject to your available Cash Rewards.

You will receive a SMS with a mobi voucher code that you can use at a Nu Metro kiosk, self service terminal or on the Nu Metro website as payment for your movie ticket. No part payments of movie tickets will be permitted.

Immediately.

You will need your ID number and/or British Airways Executive Club number to complete the conversion.