Absa Small Business Friday - supporting local business

Supporting local just got better!

Be part of the Absa Small Business Friday community and earn cash back every Friday when you shop local using your Absa card. You simply need to find an Absa Small Business Friday partner near you. Let’s work together to assist local businesses and contribute to building our economy. Terms and conditions apply.

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in your hood

Find exclusive
weekly deals

Your small efforts
go a long way

Up to 2.3%
cash back

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How To Earn

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

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