Products

Absa Premium Banking Account

A comprehensive personal financial management solution with dedicated personal banker, and access to a financial advisor. This account is ideal for high-income individuals seeking tailored banking solutions.

Experience a premium banking solution that is tailored for the sophisticated customer who demands more from their financial partner. The Absa Platinum Account is engineered to deliver an elevated banking experience through superior benefits, competitive rates, and exclusive lifestyle perks.

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Why choose the Absa Premium account?

The Absa premium account is designed for customers who are looking to manage their finances effectively but also to enjoy a level of service that stands above the rest. Here’s why the Absa premium account is the perfect choice:

Premium customer service

Dedicated Banking Support:
Enjoy personalised attention from professional bankers who are committed to providing superior customer service.
Priority Access:
Benefit from quick, efficient service at designated branches and through exclusive digital channels.

Competitive financial benefits

Attractive interest rates:
Earn competitive interest on your deposits with rates that reward you for your loyalty.
Flexible spending options:
Manage your expenses effortlessly with multiple payment solutions and smart budgeting tools integrated within your account.

Exclusive Lifestyle Perks

Lifestyle rewards:
Unlock a range of exclusive reward programmes and discounts on travel, dining, and shopping.
Travel benefits:
Enjoy perks such as preferential rates, travel insurance, and access to airport lounges that enhance your international and domestic travel experience.

Wealth Enhancement Opportunities

Financial advisory services:
Gain access to expert financial advice to help you manage your wealth better and plan for the future.
Investment options:
Diversify your portfolio with tailored investment opportunities offered through Absa’s wealth management services.

Age Requirement18 years and older
Minimum IncomeR25,000 per month 
Monthly FeeR240
Cash Withdrawal Fee - Bank BranchR35.00 + R1.32 per R100
Cash Withdrawal Fee - ATMR4.00 + R1.32 per R100
Cash Deposit Fee - ATMUp to R4,000 free per month; thereafter, R10.00 + R1.32 per R100
Cash Deposit Fee - Bank BranchR8.00 + 1.55% per R100 (minimum R30)
Purchase Fee - Debit CardFree
Payment Fee - Own Bank ATMR8.00
Payment Fee - Bank BranchR55
Transfer Fee - ATMR4.00
Transfer Fee - Bank BranchR35
Internet BankingFree
Balance Enquiry - Bank BranchR6.25
Balance Enquiry - Own Bank ATMFree
Statement - Bank BranchR25
Statement - Own Bank ATMR6.25
Notes
  • Dedicated Premium Line: 0860 109 085 or +27 11 501 5006
  • Premium chat service for banking, financial, investment, and home loan advice
  • Priority bankers in selected branches
Features
  • Free online and app-based banking
  • Access to exclusive lifestyle benefits, including Absa Rewards
  • Up to 50% discount on monthly fees for maintaining higher balances

Secure and convenient banking

The Absa Premium Account is designed with your security and convenience in mind. Enjoy advanced digital banking solutions with robust security features, including real-time alerts, secure online transactions, and comprehensive fraud protection measures.

Embrace a superior banking experience with the Absa Premium Account, a blend of exclusive rewards, comprehensive financial support, and cutting-edge digital tools designed for those who demand excellence.

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