Whenever you need some emergency cash or just decide to make that dream a reality, an Absa Overdraft with your Cheque account could be the answer.
What account do you want an overdraft on?
With an overdraft you can bank on the following
What you need to know
The overdraft is a revolving facility and it is reviewed each year. No repayment term.
Absa guarantees the best interest rate in the market.
Example of monthly repayment:
On an overdraft limit of R15 000 where R8 000 of the overdraft limit is used, the interest payable on the limit is R100 at an interest rate of 15%.