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

Apply now

premium card
Wealth enhancement
Overdraft facility

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

Tell me more

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.

Tell me more

Get unlimited electronic transactions
One card solution

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

Tell me more

Get unlimited electronic transactions second
Absa Rewards

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

Tell me more

  • 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
    Savings
    • International Savings made easy: open a Currency Investment Account in one of 17 currencies to protect yourself against fluctuations of the Rand.
    Payments
    • 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 switching@absa.co.za.

    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:

premiumbanking@absa.co.za
or 

Visit your nearest branch