Transact Account

  • Benefits

    What I get from my monthly value adds:

    FREE life cover

    • R5 000 free life cover for the first 12 months

    Free Digital Fraud Warranty·

    • A first for South Africa. Gives you added protection if you are defrauded using your Absa App.

    How do I qualify for my monthly value-adds?

    • Complete at least 5 debit or credit card transactions per month including at least 2 prepaid transactions.
  • Rewards

    Are you older than 18 years? Join FREE Absa Rewards and get up to R810 Cashback.

  • Fees

    Only R5.50 per month

    Affordable day-to-day banking

    • FREE unlimited card swipes
    • FREE till point withdrawals
    • 1 FREE CashSend per month
    • FREE In-App notifications.

    Additional fees you can expect:

    • R10 per R1 000 ATM cash withdrawals
    • R1 per transaction for online payments
    • R3.50 per external debit order.

You may pay additional fees on:

    • Branch transactions
    • Transactions performed at other banks' ATMs.

Beyond day-to-day banking:

Your Need Our Solution Description
A Loan for my Studies Student Loan Let anyone contribute towards saving for your goals, plus you get a bonus of up to 3.5% from us.
A Credit Card for Expenses Flexi Core Credit Card R49 Monthly Fee and R1.5m Travel Insurance
Saving for a Rainy Day Trusave Save from as little as R50.00 and gain an additional Absa digital bonus rate.

Ultimate Banking

Great benefits and features designed to help you get the
best value from your everyday banking

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