Hit the books and let your hair down while we worry about providing you with affordable student banking.

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Student Visa
Low monthly fee of R21
Low monthly fee of R22.50

Enjoy an account that charges a low monthly fee.

Free data monthly
Free data monthly

Get 50 MB of free data a month through MTN, Vodacom, Cell C and Telkom (on prepaid or top-ups).

Discount meal voucher every month
Discount meal voucher every month

A R20 Burger King or McDonalds or a R25 Vida e Caffe' discount voucher.

Free movie tickets every month
Free movie tickets every month

Free monthly movie ticket at either Nu Metro (only on 2D).

How to get it and what you can expect

 Benefit from reduced banking fees and unlimited electronic transactions
for a low fixed monthly fee. Manage your money 24/7 via the internet,
your cellphone or with telephone banking.

To open a Student account you will need
To open a Student account you will need:
  • 18 - 27  years old
  • A valid, bar-coded South African identity document or a valid passport
  • Proof of residence (not more than 3 months old, e.g. utility bill or Telkom statement)
  • Proof of registration at tertiary institution
  • Must be a full-time student studying towards an undergraduate or postgraduate degree or qualification of one year or more
Account features
Account features 
  • Convenient 24-hour self-service access through Absa Online, Cellphone Banking and Telephone Banking
  • Cheaper banking fees while you study, through multiple pricing options
  • No monthly subscription fee for Internet Banking, Cellphone Banking and Telephone Banking
  • Unlimited, free NotifyMe messages via SMS and E-mail
  • Free mailed or eStatements
  • Unlimited, free electronic payments including debit and stop orders
  • Unlimited, free debit card point-of-sale purchases and cash withdrawals
  • Unlimited, free Absa ATM balance enquires and mini-statements
  • Unlimited, free Absa ATM cash deposits
  • Unlimited, free Absa ATM cash withdrawals
  • Unlimited, free electronic internal funds transfers
  • Free CashSend withdrawals at Absa ATMs
  • Get 24/7 access to the largest ATM network in South Africa
Get these value added services monthly
Get these value added services monthly
  • A R20 Burger King or McDonalds discount voucher; or a R25 Vida e Caffe' discount voucher
  • 1 free movie ticket per month at Nu Metro (2D only)
  • 50 megs of free data per month through MTN, Cell C, Telkom or Vodacom (on prepaid or top-ups)
  • R150 discount on a single trip via Eldo coaches or Intercity, on any national published route

View frequently asked questions

To redeem your monthly Value Added Services simply dial *120*3475# and follow the prompts.

Download the terms and conditions (PDF 161Kb) for the Value Added Services

How to use Student to transact
How to use Student to transact 
  • Make withdrawals (from an Absa ATM or at a point-of-sale), account payments and electronic fund transfers
  • Get prepaid top-ups and print balance enquiries and mini statements at any Absa branch or ATM
  • Your account number stays the same even if you upgrade your account or transfer to another branch
  • Use Absa ATMs, their fees are more cost-effective than Saswitch fees
  • Keep your card and your Personal Identification Number (PIN) in a safe place
  • Swipe your card locally and internationally at point-of-sale (POS)
  • Shop securely online with One-Time PIN transaction verification
  • Never let the card out of your sight when using it to pay for goods or services at a tillpoint
  • You can change your PIN at any Absa ATM or Absa branch
  • Remember your PIN and never write it down
  • Register for Absa Online where you can do the following:
    • Instantly set limits to pay beneficiaries
    • Instantly set debit card limits
    • Reset a locked or forgotten online password
    • Retrieve your debit card PIN
Master wallet
The Absa MasterPass wallet

Make shopping quick and easy with the MasterPass App

Today’s digital world allows you to do business on the go with the Absa MasterPass™ App. This digital payment application makes shopping faster, easier and more convenient. It’s easy – just download the MasterPass App, register and shop away.

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Need more help?

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

Call us on:

08600 08600

E-mail us at:


Visit your nearest branch