If you earn less than R3 000 per month or don't have an income right now, our basic and affordable Transact Account will meet all your everyday banking needs.

Apply now

no monthly fee
No monthly fee for internet banking
Lump sum life cover

A R5 000 lump sum life cover is included.

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Top-up prepaid
Unlimited card swipes

Swipe your card as many times as you want at no extra cost to you.

Access to Absa loans
Withdraw cash

Get money from a till point at selected retailers using your card.

Send cash

Send money using CashSend to anyone even if they don’t have a bank account.

What you can expect

  • Better everyday banking

    • Monthly fee of R5.50
    • A minimum banking balance of R20
    • R5 000 daily limit for ATM and POS transactions 
    • No subscription fee for Absa Online, mobile and telephone banking
    • Unlimited debit card swipes
    • Safely withdraw cash at selected retailers
    • Top-up prepaid electricity or airtime from your account
    • Get monthly and interim statements from Absa ATMs or branches
    • Access NotifyMe SMS or email notifications
    • Unlimited balance enquiries at Absa ATMs, selected retailer tills and Absa supported ATMs
    • Make withdrawals, deposits, transfers, account payments, print balances and statements at any Absa ATM
    • Send money to someone who doesn’t have a bank account with CashSend
    • No matter where you are, enjoy exclusive offers, rewards, and benefits simply by using your Visa card
  • What you need to open your account

    • A valid bar-coded South African ID or a valid passport for foreign nationals
    • Proof of residence

Need more help?

Let one of our consultants help you get the best account for your needs.

Call us on:

0860 100 372

Email us at:


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Absa Group Limited.