Premium Banking is more than just another card or account, it’s a new perspective on your money and your life. For R230.00 per month, you get a range of exclusive services and lifestyle benefits that will help you reach your financial goals.

Recommended income: R25 000 pm

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premium card
Wealth enhancement
Overdraft facility

Cover for rainy days. Get instant access to money in your cheque account to cover unexpected expenses.

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Lifestyle and travel benefits
Lifestyle and travel benefits

Open up your life and money to the world with foreign currency investments, international money transfers, lounge access, chauffeured drives and a host of travel benefits.

Get unlimited electronic transactions
Premium service

Enjoy exclusive priority banking in selected branches or call 0860 109 085 to speak to a Premium Banking agent.

Family benefits
Lump sum life cover

R25 000 lump sum life cover.

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Get unlimited electronic transactions
One card solution

Less is three times more. Access your debit, credit or savings account with one card.

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Get unlimited electronic transactions second
Absa Rewards

Make money with every swipe and get cash back in your pocket with Absa Rewards.

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  • Smarter banking

    • R230.00 per month
    • Easily apply for an overdraft online
    • Includes:
      • Access to online banking
      • Mobile app banking
      • NotifyMe SMS or in-app notifications
      • Unlimited card swipes
      • Absa ATM cash deposits - up to the total value of R4 000
      • Absa ATM cash withdrawal - up to the total value of R4 000
    • Debit card with contactless tap and pay
    • One card credit card solution: access your debit, credit or savings account with one card
    • Keep all card and payment details in your MasterPass digital wallet
    • Transacting using a chip debit card is smarter, faster and more convenient. Learn more about debit card benefits.
  • Premium service

    • Dedicated Premium Line available on 0860 109 085 / +27 11 501 5006
    • Premium chat service for banking, financial, investment and home loan advice
    • Priority bankers in selected branches
  • Wealth enhancement

    • Access to a financial adviser
    • Free financial needs analysis
    • Save or invest with:
      • Investor Plus: Grow your investment and have easy access to your money when you need it.
      • Dynamic Fixed Deposit: You get to choose the deposit amount, your investment term and how much money you want immediate access to.
    • Stockbroking Account: Invest and trade in all local JSE™-listed equities (shares), warrants, share instalments and all exchange-traded funds (ETFs) as well as offshore in over 25 exchanges worldwide.
  • Family benefits

    • Family benefits.
    • 50% off monthly fees on a Premium Banking cheque account for your spouse
    • Free MegaU Account and app for children under 19
    • R25 000 Lump sum life cover
    •  Free will


  • Lifestyle and travel benefits

    Exclusive benefits
    • Add Absa Rewards and get great benefits such as:
      • Real cash back when you use your Absa card*
      • 50% discount on movie tickets at Nu Metro cinemas nationwide*
      • As much as 30% cash back every time you shop or fill up at Sasol* 

    *Terms and conditions apply

    Travel benefits
    • Get foreign bank notes for 22 of the world’s major currencies and we can order currency for you, should we not have it at our counters
    • Use four different currencies from one card with the Multi-currency Cash Passport
      • Re-load your card and earn as much as R3000 in Absa Cash Rewards. Simply re-load by phoning our call centre on 0860 151 151
    • Travel insurance on your credit card included
    • Preferential rates at Bidvest lounges on your Premium Banking Credit Card
    • Get up to 30% discount, off the base price, on certain flight bookings made with Etihad airlines, when booking through the exclusive and dedicated Travelstart Link
    • International Savings made easy: open a Currency Investment Account in one of 17 currencies to protect yourself against fluctuations of the Rand.
    • SWIFT (bank-to-bank): Send money from your bank account to an account abroad with SWIFT transfers.
    • Western Union: A fast, reliable, person-to-person transfer service, and convenient way to send and receive money around the world.
    Visa benefits
  • Making the switch is easy

    We switch your debit orders for you. Download a switching form here, complete and send to

    Benefits of switching include:

    • Absa Vehicle Finance: In the market for an upgrade? Keep your next finance agreement with us and you'll get up to 5% cash back on your settlement amount.
    • Personal Loan and/or Overdraft: If you take out an Absa Personal Loan or Overdraft and you're offered a lower interest rate elsewhere, we'll beat it with Absa Price Guarantee.
    • Estimator: Find out how much you qualify for with the Home Loans Estimator.

    *Terms and conditions apply

  • What you need to apply

    • Recommended monthly income of R25 000
    • A valid bar-coded South African ID or a valid passport for foreign nationals
    • Proof of residence
    • Your latest salary slip
    • South African citizenship
premium banking

Get a Premium Banking Account with an Overdraft

Apply now

Need more help?

Get in touch on the Premium Line:

0860 109 085

International callers:

+2711 501 5006

Email us at:

Visit your nearest branch