Products

Absa Flexi Value Bundled Account

A convenient, flexible transactional account that costs less to run than a current account and comes with free funeral cover of R2,000.

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.

Why choose the Flexi Value Bundled account?

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 BalanceR 50
Monthly FeeR 55. Thereafter you pay only for the transactions you make 
Cash Withdrawal Fee - Bank BranchR 55 + R 1.60 per R 100
Cash Withdrawal Fee - ATM3 per month, thereafter R 3.95 + R 1.35 per R 100
Cash Deposit Fee - ATMR 3.95 + R 1.35 per R 100
Cash Deposit Fee - Bank BranchR 8 + 1.55% of deposit value (min R 30)
Purchase Fee - Debit CardFree
Payment Fee - Own Bank ATMR 7.50
Payment Fee - Bank BranchR 55
Transfer Fee - ATMFree
Transfer Fee - Bank BranchR 55
Internet BankingFree
Balance Enquiry - Bank BranchR 6.25
Balance Enquiry - Own Bank ATMR 1.50
Statement - Bank BranchR 25
Statement - Own Bank ATMR 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.

Absa Flexi Value Bundled Account features

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.

How to apply

Ready to switch or open your Flexi Value Bundle?

  1. Online: Visit Absa’s account opening portal and select “Flexi Value Bundle”

  2. In-branch: Bring your South African ID, proof of income and complete an application on the spot.

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