Premium Banking is more than just another card or account. It’s a new perspective on your money and your life. For R170.48 per month, you get a range of exclusive services and lifestyle benefits that will help you reach your financial goals.

Minimum income: R25 000 pm

Apply now

Platinum debit card
Premium branch service
Premium service

We bank when you bank. Enjoy exclusive priority banking in selected branches, call 0860 109 085 or chat online to a banker 24/7.

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

Family benefits
Family benefits

R25 000 lump sum death benefit

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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
Absa Rewards

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

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Let's chat!

Need help?
Chat to a member of our team right here.

What you can expect

To open a Platinum account you will need
Smarter banking
  • R170.48 per month
  • Easily apply for an overdraft online
  • Includes:
    • Free access to online banking
    • Free mobile app banking
    • Free NotifyMe SMS notifications
    • Free card swipes
    • 7 free Absa ATM cash withdrawals
    • 5 free Absa ATM cash deposits
  • Debit card with contactless tap and pay
  • One card credit card solution: access your debit, credit or savings account with one card
  • View and pay bills online using the walletdoc app or website
  • Keep all card and payment details in your MasterPass digital wallet
  • Help pay the banking fees of a family member, an employee or a dependent with Bank on Me.
  • Transacting using a chip debit card is smarter, faster and more convenient. Learn more about debit card benefits.
To open a Platinum account you will need
Premium service
  • 24/7 dedicated Premium Line available on 0860 109 085 | +2711 501 5006
  • Premium chat service for banking, financial, investment and home loan advice
  • Priority bankers in selected branches
Payment options
Wealth enhancement
  • Access to a financial advisor
  • Free financial needs analysis
  • Find the right investment for you with the Virtual Investor tool
  • 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: at 50% discount of the normal monthly administration fee: 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.
Account features
Family benefits
  • 50% off the monthly value bundle account fee on a Premium Banking Cheque account for your spouse
  • Free MegaU account and app for children under 19
  • R25 000 lump sum death benefit
  • Education protector
  • Free will
How to use a Platinum account
Lifestyle and travel benefits
  • 8 free Take-me-Home trips per year
  • 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 15% Cash Rewards 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
  • Free travel insurance on your credit card
  • International airport lounge access with DragonPass
  • Preferential rates at Bidvest lounges on your Premium Banking Credit Card
  • 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.


Master wallet
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.
  • Great Escape Home Loan: Switch your home loan to Absa to access equity and save on registration costs as well as initiation fees.* 
  • Absa Homeowner App and Estimator: Shop for a home on the app 24/7 and find out how much you qualify for with the Home Loans Estimator.

*Terms and conditions apply

Master wallet
What you need to apply
  • Minimum income of R25 000 per month
  • Valid, bar-coded South African ID
  • Proof of residence
  • Your latest salary advice
  • South African citizenship
contact us

Need more help?

Get in touch on the 24/7 Premium Line:

0860 109 085

International callers:

+2711 501 5006

E-mail us at:

Visit your nearest branch