Get a facility of up to R350 000 that offers you credit when you need it, without reapplying for funds.
Manage your finances with our fixed repayment
With a revolving facility you can manage your finances with our fixed repayment monthly.
Get the best interest rates guaranteed*
If you take out an Absa Revolving Credit Facility and another lender offers you a lower interest rate, we’ll reduce our rate to beat it.
Terms and conditions apply.
No need to reapply for your existing funds
Once you've paid off 15% of your loan amount, you can access the full amount without having to reapply.
What you need to know about a revolving credit facility
A revolving credit is a loan facility that continuously revolves. You can apply for a facility between the amount of R15 000 to R350 000. The facility does not have a maximum loan term as the term is indefinite.
Once 15% of the facility limit has been repaid, you can revolve back to the original facility limit or any other amount lower than the limit. Your monthly payments stay consistent and will only change should service fees change.
Repayment term:
Minimum: 12 months
Maximum: The term is infinite
Interest rate:
Receive personalised Annual Percentage Interest Rate (APR), up to the maximum of prime +14%.
Estimated interest repayment:
A monthly repayment of at least R1 319 can be expected of a revolving credit facility taken for R50 000.
*Includes a monthly service fee and once-off initiation fee.
Credit Protection Plan:
The Absa Credit Protection Plan will cover you in the event of death, disability, critical illness, terminal illness or loss of income.
Credit life insurance is mandatory for all revolving loans.
How do I apply
Need more help?
Let one of our consultants help you get the best loan for your needs.
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