Guiding consumers since 2009

New bonus benefits reward Absa customers

By Staff Writer

Thanks to two new bonus benefits, Absa Rewards members will be entitled to subsidised home emergency assistance and a lifeline of medical practitioners at discounted prices.


A home assistance benefit will afford Absa Rewards members a 24-hour helpline providing assistance for emergency home repairs such as plumbing, locksmith, electrical and appliance services that could result in consequential damage. The service can be used three times a year at a specific value and the call-out fee and first hour of labour will be free to members.


With Absa’s healthy lifestyle benefit, customers will receive a 20% discount on consultation fees from selected optometrists, dentists and GPs. Rewards members on medical aid will only pay the discounted rate of the consultation fee and then claim this amount back from their medical aid scheme.


Older services will be enhanced
Arrie Rautenbach, Absa's head of Retail Banking said with the introduction of two new benefits, Absa’s older ranges of free value added services that forms part of the holistic rewards offer, would not be discontinued, but enhanced to increase value for customers.


“The bank’s lifestyle concierge service will remain with information on sourcing products and services which include bookings for theatre tickets‚ concerts‚ events and restaurants as well as a Dial-A-Discount service that searches for the best prices on any item or service near customers.


"The complement of both old and new bonus benefits will help South Africans take charge with even more ways to save money and make life easier. This was not just simply because of a set of new bonus benefits with its rewards programme, but because the rewards are ‘richer’,” said Rautenbach.


He added that Absa’s emphasis is on investing in essential services and economic stimulus as a way to show the power of enhanced service, both as a direct service model and as a cost effective investment. This will help customers to live within their means, especially as we approach the Easter break.


“We needed to ensure that the benefits offered are relevant, and most importantly provide convenience not only to customers' banking and shopping, but also in their daily lives,” said Rautenbach.

Recent Articles

Featured What’s the deal with underwriting?

When you apply for a long-term insurance policy, a financial adviser will ask some personal questions about your lifestyle, family history, health, and even ask you to take some medical tests. This process is called underwriting, but is it really necessary?

 

How are you taxed on your retrenchment package?

Unemployment is one of the biggest problems in South Africa. The emergence of the Covid-19 pandemic has exacerbated the situation with a lot of companies retrenching their employees.  When retrenched, you’ll receive a retrenchment package, but do you know how much tax you’re liable for?

Car repossessed – don’t be taken for a ride

When the country is facing an economic downturn, chances are your finances will feel the pinch. This can lead you to make bad financial decisions such as skipping your vehicle payments. But every decision has consequences and if you don’t pay your instalment, the bank will repossess your car. But what can you do when this happens?

 

Why you should consider gap cover

Your medical aid should protect you from incurring large medical bills when you’re sick. But what if your plan doesn’t cover the full cost of your medical expenses? We got in touch with insurance experts to find out whether gap cover is worth having.

Deals

Office furniture at discounted prices at BDK

Price: Available on request
When: Daily
Where: Johannesburg

Da Vincis Happy Hour Special

Price: Available on request
When: Daily
Where: Cape Town

Use your Absa card and get 30% cashback at Dis-chem

Price: Available on request
When: Daily
Where: Nationwide


Latest Guide

Guide to debt rehabilitation solutions