A convenient, flexible transactional account that costs less to run than a current account and comes with free funeral cover of R2,000.
8 June 2020
A convenient, flexible transactional account that costs less than a current account and even includes R 2 000 funeral cover—ideal if you earn from R 3 000 per month and want to pay only for what you use.
Tip: A budget calculator can help you manage your monthly budget and credit use.
The Absa Flexi Value Bundle gives you the simplicity of a low R 55 monthly fee with bundled transactions, so you only pay extra when you exceed your free limits.
Lower running costs than a standard current account.
Free R 2 000 funeral cover for peace of mind.
Flexible banking: A smart mix digital and branch transactions to suit your needs.
This account is perfect for busy professionals, side-hustlers and anyone seeking transparent, pay-as-you-transact banking.
*The information reflected above is subject to change. Refer to the bank's website directly.
| Minimum Amount Opening Balance | R 50 |
| Monthly Fee | R 55. Thereafter you pay only for the transactions you make |
| Cash Withdrawal Fee - Bank Branch | R 55 + R 1.60 per R 100 |
| Cash Withdrawal Fee - ATM | 3 per month, thereafter R 3.95 + R 1.35 per R 100 |
| Cash Deposit Fee - ATM | R 3.95 + R 1.35 per R 100 |
| Cash Deposit Fee - Bank Branch | R 8 + 1.55% of deposit value (min R 30) |
| Purchase Fee - Debit Card | Free |
| Payment Fee - Own Bank ATM | R 7.50 |
| 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 |
| Features | |
| Notes |
A convenient, flexible transactional account that costs less to run than a current account and comes with free funeral cover of R2,000. |
Free funeral cover
Every account comes with automatic funeral cover worth R 2 000, offering immediate peace of mind at no extra cost.
Fee-free ATM withdrawals
Make up to three cash withdrawals at Absa ATMs each month without paying a cent; standard ATM fees only kick in after your free quota is used.
Bundled transfers and payments
Move money and settle bills under one affordable bundle, so you can handle multiple electronic transactions without surprise per-transaction charges.
Unlimited debit-card swipes
Shop in-store or online as often as you like, your debit-card purchases stay fee-free, eliminating worries about swipe costs.
Free digital banking tools
Keep tabs on your finances 24/7 with complimentary internet banking, mobile-app access, and e-statements, giving you full visibility without paper clutter or extra fees.
Ready to switch or open your Flexi Value Bundle?
Online: Visit Absa’s account opening portal and select “Flexi Value Bundle”
In-branch: Bring your South African ID, proof of income and complete an application on the spot.
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