With the Student Account you get reduced banking fees while you study, along with unlimited card swipes, the ability to manage your money 24/7 and a range of value-added services. After four years, you will be upgraded to a Gold Graduate account.

Apply now

Monthly fee

Low monthly fee of R29.00

Free data monthly

Free data

100MB data every month.

Discount meal voucher every month


Food voucher, R150 travel voucher and up to 30% gym membership discount.

Free movie tickets every month

Access to loan

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

What you can expect

  • Better everyday banking

    • Low monthly fee of R29.00
    • 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 enquires 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.

    After four years, you will be upgraded to a Gold Graduate account.

  • Lifestyle benefits

    • 100MB data
    • R25 food voucher to be redeemed at Debonairs, Steers, Nando's, Wimpy or Burger King
    • R150 travel voucher from Intercity or TravelStart
    • Up to 30% discount on a membership at selected gyms

    How to qualify for your monthly benefits

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

    How to redeem your benefits

    • Dial *120*3475# and follow the prompts

    Read the terms and conditions

  • 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 passport
    • 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)

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:


Visit your nearest branch