If you earn less than R3 000 per month or don’t have an income right now, this basic and affordable bank account will meet all your transactional needs.

Apply now

Transact debit card
No monthly fee for internet banking

Enjoy free mobile and Internet banking.

Top-up prepaid

Use your account to top-up on prepaid.

Access to Absa loans

Get access to Absa loans.


Send money to anyone with CashSend.

What you can expect

To open a Transact account you will need
Better everyday banking
  • Monthly fee of R4.99
  • A minimum banking balance of R20
  • Free Absa Online, mobile and telephone banking
  • Free 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
  • Make free 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.
Account features
What you need to open your account
  • A valid, bar-coded South African ID
  • Proof of residence
contact us

Need more help?

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

Call us on:

08600 08600

E-mail us at:


Visit your nearest branch