Choose the right savings and investment options to make sure that you can afford things like education that is essential for achieving future goals.

The 2023 tax season is here!

Easily access your IT3(b) or IT3(s) tax certificate via your Banking App or Absa Online.

Find out how to download your tax certificate on your App or Absa Online.

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Saving and investing as a group

Together

Group savings accounts give families or friends the chance to pool their resources to invest more money and gain better returns on their investment.

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

Manage my account online:

  • Register for Online Banking and enjoy some of these group benefits:
    • Pay out members anywhere anytime using EFT on Absa Online
    • Access an electronic statement on Online Banking
    • Track member contributions
    • Reduce some transactional fees

Contact your branch

Tell me more

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

Manage my account online:

  • Register for Online Banking and enjoy some of these group benefits:
    • Pay out members anywhere anytime using EFT on Absa Online
    • Access an electronic statement on Online Banking
    • Track member contributions
    • Reduce some transactional fees

Contact your branch

Tell me more

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

Manage my account online:

  • Register for Online Banking and enjoy some of these group benefits:
    • Pay out members anywhere anytime using EFT on Absa Online
    • Access an electronic statement on Online Banking
    • Track member contributions
    • Reduce some transactional fees

Contact your branch

Tell me more

Building your family’s financial future

Family

If you have fewer than five years to save for a family need — like university or school fees — start saving today. If you have more time, there are investments that will help you make the most of the time you have to save.

How long do you have to save?

  • Up to five years

    Depositor Plus

    • Opening deposit of R15 000
    • The more you invest the more interest you will earn
    • Access your money immediately

    Apply now

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    Investor Plus

    • Minimum investment of R250 000
    • 24 hours’ notice to access your money
    • No monthly management fee

    Apply now

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    Notice Select

    • Opening deposit of R1 000
    • Make additional deposits at any time
    • Invest for at least seven days
    • No monthly administration fees
    • You select your own notice period to access your money

     

     

     

     

    Apply now

    Tell me more

    Absa Stockbrokers and Portfolio Management

    • Invest and trade in equities and exchange traded funds locally and offshore in over 20 exchanges
    • No minimum amount to start — debit orders from a minimum of R250
    • With over R250 000 to invest, a portfolio manager can help you
    • Invest in a tax-free savings account, for local and offshore exposure
    • No age limit 

     

    Apply now

    Tell me more

    Dynamic Fixed Deposit

    • Opening deposit of R1 000
    • Opening deposit to access your interest upfront is R100 000.01
    • Seniors 55 years or older, may receive an additional Senior bonus interest rate which may be automatically included for qualifying deposits.
    • No monthly administration fees
    • Choice of either a fixed interest rate for guaranteed returns or an interest rate linked to prime
    • Choose to have access to up to 50% of your funds anytime during your investment term.
    • Ideal if you want higher investment returns with or without immediate access to a portion of your money

    Apply now

    Tell me more

    Fixed Deposit

    • Opening deposit of R1 000
    • Fixed interest rate for your investment term
    • Choose an investment term that suits you
    • Able to use the account to secure a loan or overdraft

    Apply now

    Tell me more

    Islamic Term Deposit

    • Opening deposit of R1 000
    • Shari’ah-compliant
    • No monthly fees
    • Pensioners with specific balances qualify for additional profit share

    Apply now

    Tell me more

     

     

  • Five years +

    These products could help you save for your family’s future

    Absa Stockbrokers and Portfolio Management

    • Invest and trade in equities and exchange traded funds locally and offshore in over 20 exchanges
    • No minimum amount to start — debit orders from a minimum of R250
    • With over R250 000 to invest, a portfolio manager can help you
    • Invest in a tax-free savings account, for local and offshore exposure
    • No age limit 

    Apply now

    Tell me more

     

     

You can also get an overview of all our products here

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