With a Student Account, you pay no monthly fee while you study. Plus, you get 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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Zero fees

Pay no monthly account fee and enjoy smart banking.

Access to Study Loan

Study Loan

Get the best interest rate on your Study Loan, guaranteed*.

*Terms and conditions apply.

Student Account features and benefits

Get access to digital banking, lifestyle and travel benefits, as well as unlimited banking services, at no cost to you.

  • Better everyday banking

    • Get unlimited: 
      • Absa Online, Banking App and Telephone Banking transactions
      • eStatements
      • Electronic payments including debit and stop orders
      • Card swipes and cash withdrawals
      • Absa ATM balance enquiries and ministatements
      • Absa ATM cash deposits (excluding cardless cash deposits) and withdrawals
      • Internal electronic fund transfers
      • CashSend withdrawals at Absa ATMs
    • 24/7 access to the largest ATM network in South Africa.

    Note: All other transactions not included in the above list will be charged at the pay-as-you-transact fee. Please refer to the Benefits and Pricing brochure or ask your sales consultant for detailed product pricing.

  • Lifestyle benefits

    How to qualify for your monthly benefits

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

    Read our terms and conditions.

  • What you need to open your account

    • Between 18 and 27 years old
    • Full-time student studying towards an undergraduate or postgraduate degree, or studying towards a one-year or more qualification at a recognised tertiary education institution
    • Valid bar-coded South African ID or a valid passport for foreign nationals
    • Proof of residence not older than three months (such as a 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 cellphone statement).

      Terms and conditions apply.

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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

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