With the Absa Purpose Savings Account, you can save as little as P100, earn higher interest rates and Absa will contribute a portion of the account's revenue to identified community projects each year.
Account features
- Offers daily interest, paid quarterly in arrears
- No maintenance fees
- Get extra interest if you don't make more than 1 withdrawal in a quarter
- Save at least P100 monthly to qualify for bonus interest
- One free withdrawal per quarter (extra ones have a charge)
- The account can be opened with a minimum of
- P100 for Standard customers
- P1,500 for Prestige customers
- P3,000 for Premier customers
- Optional linked debit card at a cost
- Automate your monthly savings through a stop order of at least P100
How does this account support community causes?
Absa will contribute a portion of the net interest income generated from this product to ESG and community causes. This is how your savings help empower Africa’s tomorrow, together, one story at a time.
