Islamic Premium Banking
Monthly fee
R240
Recommended income
R25 000 pm

Benefits

 

Easy access to credit

Wealth enhancement

Get a financial adviser, free financial analysis and more.

Earn attractive interest rates

Lifestyle and travel benefits

Airport lounge access, chauffeured drives and a host of travel benefits.

Lump sum death benefit included

Premium service

Priority banking. Call 0860 109 085 or chat online to a banker 24/7.

Lump sum death benefit included

One card solution

Less is more. Access your debit and savings account with one card.

What you need to know

  • Features

    Enjoy smarter banking with: 
     
    • Unlimited notifications and card swipes
    • Absa ATM and POS cash withdrawals of up to R4000 per month.
    •  ATM cash deposits of up to R4000 per month
    • Debit card with contactless tap and pay
    • Keep all card and payment details in your MasterPass digital wallet.
  • More benefits

    Get exclusive benefits like: 

    • Dedicated Premium Bankers at your service 
    • 50% off your monthly fees for maintaining a positive balance 
    • 50% monthly fee discount for your spouse 
    • Free banking for your children 
    • Access to a financial advisor

     

    We can help you with the following when you open your Islamic Premium Account:

    • Switching your debit orders for you. Download the switching form, complete and send to switching@absa.co.za.
    •  Absa Islamic Vehicle Finance: In the market for an upgrade? Get cash back when you keep your next finance agreement with us and you’ll get  cash back on your settlement amount.

       

    Please note some transactions will be charged at the standard pay-as-you-transact fee. For more information, refer to our Pricing Guide or visit your nearest Absa branch.

  • What it costs

    R240 per month and you get a 50% monthly fee discount for your spouse
  • What you need to apply

    To open a premium account, you need the following: 
    • Minimum monthly income of  R25 000
    •  A valid South African ID or a valid passport for foreign nationals
    • Proof of residence
    • Your latest payslip

Get real cash back, every month with Absa Rewards

You get cash back when you pay with your Absa card, plus, enjoy FREE meal vouchers on us with Absa Advantage.

Tell me more

 

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What are you looking for?

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Islamic Gold account
Monthly fee
R135
Recommended income
R4000 pm
Smart people know what they pay for. Your Islamic Gold Account will meet more than your banking needs, at a price that suits your pocket.

Islamic Youth

Islamic Youth account
Monthly fee
R0
Opening deposit
R10
Kickstart your financial journey and save for your future today.

Need more help?

Let one of our consultants help you with your Islamic banking enquiries.

Call us on: 0860 000 786

Email us at: islamicbanking@absa.co.za 

Visit your nearest branch