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Absa Bank Account For Students


Absa Student Account

Monthly Fee - R29.00

Age range - 18 – 27 years old

Monthly Income - Not required


  • Free data (100mb per month)
  • Food voucher, R150 travel voucher and up to 30% gym membership discount.
  • Access to Absa loan
  • Unlimited Absa OnlineBanking App and telephone banking transactions
  • Mailed or eStatements
  • Unlimited electronic payments - debit and stop orders
  • Unlimited card swipes and cash withdrawals
  • Unlimited Absa ATM balance enquires and mini-statements
  • Unlimited Absa ATM cash deposits (excluding cardless cash deposits) and withdrawals
  • Unlimited internal electronic fund transfers
  • Unlimited CashSend withdrawals at Absa ATMs

How to open your account:

In order to open your account, you must be a full-time student studying towards an undergraduate or postgraduate degree, or qualification of one year or more.

Visit an Absa branch near you with the following documents:

  • A valid South African ID or passport
  • Proof of residence not more than three months old (e.g. proof of registration at a tertiary institution on their letterhead indicating your name and surname, an address and signature of a mandated official or a utility bill or cell phone statement)


Latest Bursaries

The the South African Institute of Race Relations is offering bursaries to students who are intending to study, or are already studying for a first degree/diploma.

Do you want to see big changes in the world? Are you a natural-born leader – one who sees problems as opportunities and opportunities as challenges to solve?

Masakh’iSizwe offers bursaries for full-time studies towards a degree or diploma in the transport, engineering and built environment disciplines: