Are you a final year student or recent graduate? At a discounted fee of R52.96 per month, you can make a smooth transition into the working world with a Gold Graduate account.

Apply now

Low monthly fee of R52.96

Access to overdraft and credit before your first salary

Monthly R50 food voucher at selected food outlets

Up to 30% discount on a membership at selected gyms

What you can expect

To open Graduate account you will need
Better everyday banking
  • Low monthly fee of R52.96
  • 5 free Absa ATM cash withdrawals and 5 free cash deposits (unused transactions will roll over for 1 month if not used)
  • Free Absa Online, mobile app and telephone banking
  • Free NotifyMe email and SMS notifications
  • Free debit card purchases and cash withdrawals at till-points
  • Free statement and balance enquiries on all our digital channels
  • Free electronic account and beneficiary payments via Absa ATM, Internet or telephone banking
  • 50% discount on monthly fee if credit balance is more than R30 000 for the month

After 12 months, you’ll be moved over to a Gold Value Bundle account.

To open Graduate account you will need
Lifestyle benefits
  • R200 Travel Start voucher
  • R50 discount to be redeemed at McDonalds, Debonairs, Nando's or Steers
  • Up to 30% discount on a membership at selected gyms

How to qualify for your monthly benefits

  • Complete at least 6 debit or credit banking transactions per month of which at least two must be prepaid transactions.

How to redeem your benefits

  • Dial *120*9001# and follow the prompts.

Terms and conditions

How to use Graduate account
Wealth and finance benefits
  • Access to credit before your first salary
  • No monthly fee on overdraft for the first 12 months
  • Financial advice to help you get a good start
  • Assistance with sourcing finance, insurance and delivery of your first car
  • Estate Provider Plan
  • Free will drafting service with Absa Trust
The masterpass wallet
What you need to open your account
  • To be under 30 years old
  • To be in your final year of studies or have just qualified with a three year degree or diploma or post qualification
  • A valid, bar-coded South African ID or passport
  • Proof of residence not more than 3 months old (e.g. utility bill or cell phone statement)
  • Proof of qualifications or confirmation of final year studies
  • Latest payslip or bank statement - last 3 months (if you are applying for an overdraft)

Need more help?

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

Call us on:

08600 08600

Visit your nearest branch