Absa TruSave gives you up to 7.10% interest, no monthly fees, plus immediate access to your savings. It’s the best savings account to begin your saving story.

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All you need is 5 minutes, your South African ID and proof of residence (not older than 3 months).

See TruSave savings account interest rates

Your monthly income isn’t the only way to make money.
Earn extra interest with the Digital Bonus Rate when you open and manage your TruSave account online or on your Absa Banking App.

Your savings balance

Standard interest rate

Digital Bonus Rate

Total interest rate

R50 and above




Example: R10 000 balance





  • Last reviewed on 26 May 2023
  • A balance of less than R50 earns no interest
  • The maximum balance is R9 999 999 999 999.99
  • All interest rates expressed as a percentage per year and are indicative. Rates subject to change.
    View our product term sheet.

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You can also apply on your Absa Banking App or call us on 0860 111 515.

Save money with these benefits

  • Pay no monthly fees
  • Instant access to your cash - no notice period to withdraw your savings
  • Free Digital Fraud Warranty
  • Earn extra interest with the Digital Bonus Rate
  • Free R2 000 cash deposit limit per month
  • Two free Absa ATM mini-statements
  • Two free Absa ATM balance enquiries
  • Two free Absa ATM cash withdrawals per year
  • Real cash back every month with Absa Rewards.

Get more value from your account

  • Earn extra interest with our Digital Bonus Rate

    Do the following online, at an Absa ATM or via our call centre.

    • Download an eStatement
    • Make a deposit and/or withdrawal at an Absa ATM
    • Check your balance
    •  Download an IT3 (when required/applicable)
    • Download a bank confirmation letter (when required/applicable)

  • Get a free warranty to protect you from fraud

    In a first for South Africa, we introduced our free Digital Fraud Warranty, which provides added protection for customers who have been defrauded. The warranty covers all customers who use the latest version of the Absa Banking App and who transact responsibly*. Terms and conditions apply*.

  • Earn real cash back with Absa Rewards

    If you are an Absa Rewards member and maintain a minimum combined balance of R5 000 in your TruSave account, you will get a Rewards score of 55. If you make monthly recurring payments from as little as R250 into your Savings or Investment Accounts you’ll get an additional Rewards score of 20. The higher your score, the higher your tier, the more real cash back you’ll get to spend any way you like.

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600 000 South Africans love and trust our Absa TruSave account.

Need more help?

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

Call us on:

0860 111 515

Email us at: