Our new pricing aims to support all our customers. Youth and student accounts are free. Absa Transact, Gold Value Bundle, Premium, and Private Banking will have no monthly increases. All while still offering a range of the best financial services.

FREE Student Banking
FREE Student Banking

Zero monthly fees. 

Overdraft
Overdraft

Instant cash to cover unexpected expenses.

Free Accidental Cover
Free Accidental Cover

The first 200 000 customers get a free 12 month accidental policy. 

Save in Foreign Currency
Save in Foreign Currency

Diversify your investment portfolio with a Currency Investment Account.

Most popular accounts
 

Absa new Gold account debit card
Gold Value Bundle 

Recommended income:
R4 000 pm

Monthly fee:
R125

  • Free Currency Investment Account

Apply now

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Absa Premium Banking debit card
Premium Banking

Recommended income:
R25 000 pm

Monthly fee:
R230 pm

  • Free Currency Investment Account

Apply now

Tell me more

Absa Transact account debit card
Transact Account

Recommended income:
R0

Monthly fee:
R5.50

  • Embedded life cover of R5 000
  • Unlimited point-of-sale (POS) purchase
  • Unlimited Absa ATM or POS balance enquiries

Apply now

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ultimatebank

Absa Ultimate Banking
 

Absa Ultimate Banking Account
Ultimate

Monthly fee:
R98

Tell me more

Absa Ultimate Plus Account
Ultimate Plus 

Monthly fee:
R220

Tell me more

View all our accounts

Chatwallet
ChatWallet

Recommended income:
R0

Monthly fee:
R0

  • Chat to bank
  • No bank account needed
  • All you need is WhatsApp
     

Tell me more


 

Absa Transact Account
Transact Account

Recommended income:
R0

Monthly fee:
R5.50

  • Embedded life cover of R5 000
  • Unlimited point-of-sale (POS) purchase
  • Unlimited Absa ATM or POS balance enquiries

Apply now

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Flexi Account debit card
Flexi Account

Recommended income:
R3 000 pm

Monthly fee:
R45.00

  • Access to ATM Instant Loans
  • R15 000 lump sum life cover included

Apply now

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gold debit card
Gold Value Bundle

Recommended income:
R4 000 pm

Monthly fee:
R125.00

 

Apply now

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private debit card
Premium Banking

Recommended income:
R25 000 pm

Monthly fee:
R230.00

 

Apply now

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private debit card
Private Banking

Minimum income:
R62 500 pm

Monthly fee:
R475.00 pm

  • Access to a dedicated private banker
  • A host of lifestyle benefits available
  • Access to international banking options

Apply now

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Student silver card
Student Account

Recommended income:
N/A

Monthly fee:
Zero monthly fee

  • Discounts at selected retailers and food outlets

Apply now

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Mega U card
MegaU

Recommended income:
N/A

Monthly fee:
None

  • For under 20s
  • Discounts at selected retailers and food outlets

To apply visit your nearest branch

Tell me more

Mega U card
Islamic Youth

Recommended income:
N/A

Monthly fee:
None

  • For under 20s
  • Discounts at selected retailers and food outlets

To apply visit your nearest branch

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Prosperity for seniors card
Ultimate Prosperity

Monthly fee:

R220

Tell me more

 

Prosperity for seniors card
Prosperity for seniors

Recommended income:
R2 000 pm

Monthly fee:
R60.00 pm

  • Exclusive priority banking at selected branches
  • For customers 55 years and older
  • Monthly fee concession
  • Free Currency Investment Account 

Call me back 

Tell me more

Switching to Absa couldn’t be easier. Simply choose the bank account that suites your lifestyle, fill in the online application form and switch to Absa.

Open an Absa account

  • Choose your account

    • Premium Banking: Get a better perspective with our Premium Banking cheque account and enjoy added convenience through our Premium service. Minimum income: R25 000
    • Gold Value Bundle: Enjoy great value for money that reflects your earning status. Minimum income: R4 000
  • Switch my debit orders and salary

    Once you have opened an account with us, you can switch your debit orders and your salary. All you need to do is:

    Complete your online Debit Order and Salary Switching Request here.

    OR

    Complete this Debit Order and Salary Switching Request and email it to switching@absa.co.za or fax it to 086 753 3537.

    It's that simple!

    Switch now

     

    Once we receive your request, we will keep you updated on the progress. The next steps are:

    1. You will receive an SMS or email (based on your preferences) to let you know that we have received your request.
    2. We submit your request to each service provider and follow up with them until everything is switched. Here are companies that will not allow Absa to switch on your behalf; you can contact them to process your request.
    3. There are some service providers that need more information to switch - so within 48 hours we will send you an update on the status of this, and the next steps to follow to help you complete the switching process.
    4. Within 2 weeks after submitting your request you will receive confirmation of the deduction date for all successfully switched debit orders.
    5. If there are still any outstanding debit orders not switched, within 4 weeks, we will send you confirmation of the deduction date for all successfully switched debit orders.
    6. If there are any outstanding debit orders not switched within 6 weeks, we will contact you with an update and the next steps to be taken; but please don’t close your old account until all your debit orders and salary have been switched to ensure that your payments at these providers are always up to date.
  • Need more support? Talk to us

    Call us on:

    0860 100 372

    Email us at:

    switchingqueries@absa.co.za

  • Switching FAQs

    How long does it take to complete the switching form?

    • The online form takes a few minutes to fill in. Once you have completed the switching request, submit the form and we'll take care of the rest

    Email us on: switchingqueries@absa.co.za

    How can I track my switching request?

    • You can track your request through this link or by calling 0860 100 372.

    What is important to remember when completing the form?

    • There are two options available:
      • Salary switch, which requires you to fill in your employer’s information
      • Debit order switch, which requires you to complete a list of your current debit orders
    • Complete all your personal details and don’t forget to provide us with your contact details
    • Don’t forget to add your Absa account details and the details of your previous bank account
    • When filling in the details of your debit orders, make sure that all reference numbers are filled in accurately, otherwise we will not be able to find your debit order

    How long does it take for the switch to be completed?

    • Switching will take up to 6 weeks to complete, depending on the service providers you have debit orders with. We will however keep you updated on the progress

    Does switching cost anything?

    • No, switching is free!

    Do I need my spouse’s consent to switch a debit order?

    • No, you do not need your spouse’s consent to switch an Absa debit order. However, if the service provider needs more information they will contact you directly.

    Do all service providers accept debit order or salary switching instructions from Absa?

    • No. Some service providers will only switch on your direct instruction and will not accept switching instructions from Absa
    • All employers will only switch on your direct instruction and will not accept switching instructions from Absa
    • We will however help you initiate the process by providing you with switching letters to send to these service providers and employers
    • See the list of all service providers, who do not accept Absa-initiated debit order or salary switching instructions

    Will Absa be able to switch my internal stop orders and beneficiary payments?

    • Unfortunately not, but you can have this done by either visiting your nearest Absa branch or on Absa Online

    Can Absa change the date when a debit order is due?

    • No, only you can change your debit order dates

    When do I need to close my old account?

    • You can close your old account after:
      • you have confirmation that all your debit orders and salaries have been switched;
      • your first run of debit orders has come off your new account; and
      • your salary has been paid into your Absa account

 

You might also be interested in

Overdraft Savings accounts Credit cards International Banking

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Need more help?

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

Call us on: 0860 100 372

Email us at: absa@absa.co.za

Visit your nearest branch