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 R5 000
- Access to Absa Stockbroking events
- One annual consultation with a financial adviser
- This is a group account
Travel Club Account
- Opening deposit of R1 000
- Tiered interest rates — the more you save the more interest you earn
- This is a group account
Grocery Stokvel Account
- Opening deposit of R50
- This is a group account
Club Account
- Opening deposit of R50
- Monthly deposit of R50
- No monthly management fees
- Funds are available on 32 days’ notice
- This is a group account
FuturePlan
- Opening deposit of R100
- Tiered interest rates — the more you save, the more interest you earn
- Many people can save toward your child’s education with one account
- No bank charges or admin fees
- Earn an additional Absa contribution of 3,5% interest (capped at R1 000)
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