instantsavingsaccount

Instant Savings Account
  • What you get

    Benefits of this account
    • With 24-hour access to your savings, this is the smart way to save for your future
    • Enjoy quick and convenient access to your funds via ATMs, point-of-sale (POS) terminals and internet payment gateways
    • Get free internet banking and other digital services
    • Keep your spare funds safe
    • Receive free monthly statements
    • Interest is calculated monthly and credited in May and November
    Requirements for this account
    • A minimum balance of SCR 1,500 is required to open the account
    • A monthly charge is payable for accounts with average credit balances less than the minimum operating balance of SCR 3,500
    • Interest is calculated monthly and credited in May and November
    • You need a minimum balance of SCR 3,500 in order to start earning interest
    • Please check the latest applicable interest rate
    • You may apply for this account along with another applicant
  • Documents required

    Documents required when you apply online or in a branch
    • A valid identification document such as passport or national identity card
    • Documentary proof of address such as a utility bill (not more than three months old)
    • Source of income (example: Salary slip, not older than three months old, that states your employer details)
    • Click here to see other accepeted documents

    Absa reserves the right to accept or decline any application based on internal policy. We may request additional documentation as deemed necessary. If you do not receive any bills in your name, you may bring the bill of the owner of your residence along with proof of relationship. Other documentary proof may be acceptable. Please consult our personal bankers for more information.

  • Apply online

    Apply for this account

    Enjoy the convenience of opening an account online. Take only 10 minutes of your time

    and get started with your application.

     

    If you have already started an application, you can resume your application by providing us
    with your reference number that was sent to your email address or mobile number.

     

    Apply now Resume application

     

    Please note that Internet Explorer 11 is not supported for this application. Use an alternative  browser to process your online application.

     

fixedtermdepositaccount

Fixed Term Deposit Account
  • What you get

    Benefits of this account
    • Invest your money for a set period, and we’ll offer you a guaranteed interest rate
    • Guaranteed rate of interest
    • Different deposit periods available
    • Minimal cost on breakage of the deposit before maturity
    • Choice of account currencies (SCR, GBP, EUR and USD)
    Requirements for this account
    • A minimum deposit of SCR 100,000 is required
    • You may apply for this account along with another applicant
    • To open a fixed deposit account, you are required to have a current or savings account with us
    • Please check the latest applicable interest rate
  • Documents required

    Documents required when you apply in a branch
    • A valid identification document such as passport or national identity card
    • Documentary proof of address such as a utility bill (not more than three months old)
    • Source of income (example: Salary slip, not older than three months old, that states your employer details)
    • Click here to see other accepeted documents
    Please note:
    1. Absa reserves the right to accept or decline any application based on internal policy. We may request additional documentation as deemed necessary.
    2. If you do not receive any bills in your name, you may bring along the bill of the owner of your residence along with proof of relationship.
    3. Other documentary proof may be acceptable. Please consult our personal bankers for more information.

     

    You may complete the application form beforehand and bring it along to the branch on your visit. This will greatly speed up the process.

minoraccount

Minor Account
  • What you get

    Benefits of this account 
    • Invest in your child's future and help them achieve their dreams
    • Quick and convenient access to account funds via ATMs, point-of-sale (POS) terminals and internet payment gateways
    • Free internet banking and other digital services
    • Earn interest on your funds
    • Receive free monthly statements
    • Interest calculated monthly and credited in May and November
    Requirements for this account
    • A minimum balance of SCR 1,500 is required to open the account
    • A monthly charge is payable for accounts with average credit balances less than the minimum operating balance of SCR 3,500
    • Interest is calculated monthly and credited in May and November
    • You need a minimum balance of SCR 3,500 in order to start earning interest
    • Please check the latest applicable interest rate
    • You may apply for this account along with another applicant
  • Documents required

    What to bring to the branch when you apply
    • A valid identification document such as a passport or national identity card
    • Documentary proof of address such as a utility bill (not more than three months old)
    • Source of income (example: Salary slip, not older than three months old, that states your employer details)
    • Click here to see other accepeted documents
    Please note:
    1. Absa reserves the right to accept or decline any application based on internal policy. We may request additional documentation as deemed necessary.
    2. If you do not receive any bills in your name, you may bring along the bill of the owner of your residence along with proof of relationship.
    3. Other documentary proof may be acceptable. Please consult our personal bankers for more information.

     

    You may complete the application form beforehand and bring it along to the branch on your visit. This will greatly speed up the process.

Need more help?

Call us on:
(+248) 438 3939

Chat to Abby on WhatsApp:
(+248) 252 1878

Email us:
customerservices.sc@absa.africa