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

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
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
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
Building your family’s financial future

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?
You can also get an overview of all our products here