If you’re under the age of 35, in your final year of study or you have already acquired your degree, you could be eligible for our private banking for young professionals.

shaking hands

Relationship driven

Your dedicated private banker is your direct point of entry for your banking and financial needs.

puzzle piece

Customised solutions

Comprehensive range of financial solutions designed to meet your needs.

Star

Specialised advisory
services

Network of experienced specialists.

Here's what you need to know

  • Who qualifies?

    Anyone who is under the age of 35, in their final year of study with a letter of appointment in their field of study; or have graduated and are employed or training for any of the following degrees.

    #

    Faculty

    Types

    1

    Medical professionals

    		 Medical doctors, dentists, pharmacists, optometrists, chiropractors, anaesthetists,vets, surgeons, etc.

    2

    Chartered accountancy

    		 Qualified CA’s and traineeaccountants with BCom Hons.

    3

    Actuarial sciences

    Actuaries, statisticians, mathematicians, data scientists

    4

    Law Professionals

    Advocates, attorneys, lawyers

    5

    Engineering

    		 All 4 year BScs, B.Tech, B.Eng; All engineeringdisciplines

    6

    Architecture & Construction

    		 Architects, Construction project managers and Quantitysurveyors)

    7

    Aviation

    		 Commercial airplane pilots andtrainee pilots
    8 Finance Persons with aBachelor of Business Science in Finance
    9 Earth Sciences Geologist,Geophysicist & Hydrologists
    10 Management Consultants Management Consultants with either a Masters or Doctorate degree working for top-tier professional services firm
    11 Specialised Managerial functions  Manufacturing operations managers, Agricultural farm managers, corporate communications managers & Informationtechnology managers

  • Access to credit

    • Credit card
      • Preferential interest rates on straight or budget purchases
      • No monthly account or service fee
      • Up to 57 days interest free
    • Vehicle finance
      • Prime less 1% on first new or used vehicle
    • Home loan
      • Up to 105% loan to value home loan for first-time home buyers capped at R 1.8 million
      • Receive a 50% discount on your Absa Panel Attorney Bond Registration costs
    • Overdraft
      • Preferential interest rate on overdraft amount used
    • Personal loan
      • Preferential interest rate on loan amount

  • Day-to-day banking

    Get access to a Private Banking Account that offers you an all-inclusive transactional solution for a discounted monthly management fee.

    • Features and benefits include:
      • Free online and mobile banking app
      • Unlimited NotifyMe SMS, email or in-app notifications
      • Unlimited point-of-sale card swipes (local)
      • Free Absa and Saswitch ATM cash withdrawals (local)
      • Free  Absa ATM cash deposits
      • Embedded Absa Rewards
    • Debit card with contactless tap and pay
    Gift boxes

    Absa Rewards

    Receive cash back and enjoy various rewards and discounts.

    Rewards

    rev counter

    Access to an overdraft facility

    Get additional funds when you need it the most.

    card in hand

    Personalised debit card

    For easy access to your account while you earn Rewards with every swipe.

  • Exclusive benefits

    Enjoy a range of exclusive rewards and loyalty offerings

    wallet

    Multi-Currency Cash Passport

    Can be loaded with up to four different currencies and offers basic travel insurance.

    couch

    Local airport lounge access

    Access at local Bidvest airport lounges with your Private Banking Visa Signature Credit
    Card.


    Airport lounge benefits with your Visa Signature Credit Card


    Bidvest Lounges at both domestic and international terminals within South Africa    		 Primary credit card holder: 24 visits per annum plus an additional 2 guest entries per annum.
    Secondary card holders: Combined 24 visits across all secondary cards. 
    Plus an additional 2 guest entries per annum

    International Lounge access via Lounge Key

    		 Primary credit card holder: 6 visits per annum plus 1 guest entry per visit per annum.
    All secondary credit card holders: 6 visits per annum plus 1 guest entry per visit per annum.

     

Need more help?

Let one of our consultants assist you.

Private Assist:

0860 553 553

International Private Assist:

+27 11 501 5011

Email us:

privatebanking@absa.co.za