With a Student Account, you pay no monthly fee while you study, along with unlimited card swipes, the ability to manage your money 24/7 and a range of value-added services.


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Student account
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Monthly fees 

Zero monthly fees on your student account.
 

Earn cash rewards

Get rewarded

Earn cash rewards, more perks and prepare for the next stage of your life.

Monthly benefits - Discount meal voucher every month

Monthly benefits

Get discounts at selected food and shopping outlets.

Access to Study Loan

Access to Study Loan

Finance your tuition fees, textbooks and more with a student loan.

What you can expect

  • Better everyday banking

    • Unlimited Absa Online, Banking App and telephone banking transactions
    • Unlimited NotifyMe SMS and email notifications
    • Mailed or eStatements
    • Unlimited electronic payments including debit and stop orders
    • Unlimited card swipes and cash withdrawals
    • Unlimited Absa ATM balance enquiries and mini-statements
    • Unlimited Absa ATM cash deposits (excluding cardless cash deposits) and withdrawals
    • Unlimited internal electronic fund transfers
    • Unlimited CashSend withdrawals at Absa ATMs
    • 24/7 access to the largest ATM network in South Africa

    Please note that not all transaction charges will be included in the monthly fee. Some transactions will be charged at the standard pay-as-you-transact fee. For more information, you can refer to the pricing brochure or visit your nearest branch.

  • Lifestyle benefits

    Get rewarded  with monthly food or shopping vouchers for completing simple challenges aimed at helping you bank smarter.

    • Log in to your Absa Banking App
    • Accept the challenge on the “Rewards” tile
    • On the successful completion of any (all) task(s) in that challenge you can select the voucher of your choice.
    • There will be a new challenge every three weeks. Look out for the notification on your phone, accept, complete it within two weeks and you will receive your instant reward.

    Get more information about Absa Advantage.

  • What you need to open your account

    • To be 18 - 27 years old
    • Must be a full-time student studying towards an undergraduate or postgraduate degree, or qualification of one year or more
    • A valid bar-coded South African ID or a valid passport for foreign nationals
    • Proof of residence not more than three months old (e.g. proof of registration at a tertiary institution on their letterhead indicating your name and surname, an address and signature of a mandated official or a utility bill or cell phone statement)

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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