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.

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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.

CashSend
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

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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:

absa@absa.co.za

Visit your nearest branch

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Absa Group Limited.

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