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Boost your Stokvel

What you get

What you need to do

What you need to know

Open an account

  • What you get

    • A chance to win part of your stokvel’s contributions capped at R5 000 per month.

  • What you need to do

    To stand a chance to win your contribution back capped at R5 000

    • You should have an Absa Stokvel Account with a minimum monthly contribution of R5 000
    • Maintain a minimum balance of R5 000 per month during the campaign period.

  • What you need to know

    The competition is open to new and existing Absa customers who hold the following accounts:

    1. Club Account
    2. Investment Club Account
    3. Travel Club Account
    4. Grocery Stokvel
    5. Any of the Savings and Investments qualifying accounts for stokvels (excluding Tax Free Accounts)

  • Open an account

    Visit any Absa Branch

Terms and conditions apply, valid until 31 December 2025.

View our rates and fees

Absa Stokvel Accounts

Investment Club Account
  • Opening deposit of R100
  • You need two or more members to open the account
  • This is a group account- for Stokvels, friends and family
  • You pay no monthly management fees
  • Capital and interest earned guaranteed
Travel Club Account
  • Opening deposit of R1000
  • You need two or more members to open the account
  • This is a group account- for Stokvels, friends and family
  • You pay no monthly management fees
  • Capital and interest earned guaranteed
Grocery Stokvel Account
  • Opening deposit of R50
  • You need two or more members to open the account
  • This is a group account- for Stokvels, friends and family
  • You pay no monthly management fees
  • Capital and interest earned guaranteed

Visit your nearest Absa Branch

View our rates and fees

You can also get an overview of other Savings and investments products here