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Absa Premium Banking Account

A comprehensive personal financial management solution with dedicated personal banker, and access to a financial advisor. This account is ideal for high-income individuals seeking tailored banking solutions.

8 June 2020

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Age Requirement 18 years and older
Minimum Income R 25 000 per month 
Monthly Fee R 380
Cash Withdrawal Fee - Bank Branch R2.30 per R100 (first R4,000 free for Value Bundle)
Cash Withdrawal Fee - ATM R2.30 per R100 (first 3 withdrawals free for Value Bundle)
Cash Deposit Fee - ATM 7 free per month, thereafter R 3.95 + R 1.35 per R 100
Cash Deposit Fee - Bank Branch R8 + 1.55% per R100 (minimum R30)
Purchase Fee - Debit Card Free
Payment Fee - Own Bank ATM Free
Payment Fee - Bank Branch R 55
Transfer Fee - ATM Free
Transfer Fee - Bank Branch R 55
Internet Banking Free
Balance Enquiry - Bank Branch R 6.25
Balance Enquiry - Own Bank ATM R 1.50
Statement - Bank Branch R 25
Statement - Own Bank ATM R 6.25
Notes This is a current account with the personal benefits of a banker and a dedicated Platinum Telephone number.
  Preferential overdraft and loan rates
  Comprehensive financial and wealth planning advice
Features Free online and app-based banking
  Access to exclusive lifestyle benefits, including Absa Rewards
  Up to 50% discount on monthly fees for maintaining higher balances
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