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Absa Transact Account

The Absa Transact Account is a basic and affordable transactional account designed to meet your everyday banking needs, especially if you earn less than R3,000 per month or have irregular income.

29 November 2024

Minimum Income No minimum income requirement
Monthly Fee R6.50
Cash Withdrawal Fee - Bank Branch R100.00 plus R5.00 per R100.00 or part thereof
Cash Withdrawal Fee - ATM R10.00 per R1 000.00 up to R2 000.00 thereafter R2.60 per R100.00
Cash Deposit Fee - ATM R2.60 per R100.00 or part thereof
Cash Deposit Fee - Bank Branch R5.00 per R100.00 or part thereof
Purchase Fee - Debit Card Free
Payment Fee - Own Bank ATM R3.50
Payment Fee - Bank Branch R55
Transfer Fee - ATM Free
Internet Banking Free
Balance Enquiry - Bank Branch R10.00
Balance Enquiry - Own Bank ATM Free
Full Statement - Bank Branch R50.00
Statement - Own Bank ATM R20.00
Features
  • Incentives for banking smartly. Earn up to R810.00 per month back in real cash.
  • R5,000.00 life cover
  • Send money using CashSend to anyone even if they don’t have a bank account.
Notes
  • Free till point withdrawals
  • 1 Free CashSend per month
  • Free in-App notifications

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