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Absa Youth and Student Banking Accounts

Whether you're in school, a tertiary student, or simply want to save, Absa has got a bank account to get you on route to financial greatness.

12 December 2024

 

Age Requirement Must be a full-time registered student
Minimum Income  
Monthly Fee R 29.00
Cash Withdrawal Fee - Bank Branch R 70 + R 2.10 per R 100
Cash Withdrawal Fee - ATM R 2 per R 100
Cash Deposit Fee - ATM Free up to R 2,000; after that R 1.60 per R 100
Cash Deposit Fee - Bank Branch R 70 + 1.55% per R 100 (min R 30)
Purchase Fee - Debit Card Free
Payment Fee - Own Bank ATM Free
Payment Fee - Bank Branch R 70
Transfer Fee - ATM Free
Transfer Fee - Bank Branch R 70
Internet Banking Free
Balance Enquiry - Bank Branch R 7.50 
Balance Enquiry - Own Bank ATM Free
Statement - Bank Branch R 30
Statement - Own Bank ATM Free
Features Absa Student Account offers affordable, convenient banking with added benefits.
Access to Absa's online and mobile banking platforms.
You may qualify for an overdraft of up to R150,000 for those moments when extra funds are needed.
Comes with a linked Savings Account to help you start saving effortlessly.
Options for credit applications, including short-term credit (e.g., Temporary Loan) and long-term credit (e.g., Personal Loan, Home Loan, and Car Finance).
Notes A R5,00 premium will apply to these transactions for Flexi Value Bundle customers

Features You may qualify for an Overdraft up to an amount of R150 000 to make those payments when you may not have enough cash available in your account. Your Gold account comes with a Savings Account that makes saving easy. you can apply for short and long-term credit. Short term options include the Temporary Loan. A Personal Loan, Home Loan, Car Finance are some of the options you can apply for under long-term credit. 

Do you need a personal loan? Log into the JustMoney platform to find out if you qualify for free

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