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1 | Pricing Brochure

Personal Banking

2013 Pricing Guide
Options to suit every pocket

For more information visit absa.co.za

Absa Bank Limited Reg No 1986/004794/06. Authorised Financial Services Provider. Registered Credit Provider. Reg No NCRCP7

2 | Pricing Brochure

Contents

Seniors – Prosperity

19

Savings and Investments

20 21 22 23 24

Fast guide to what you need

MoneyBuilder Depositor Plus Money Market Fund

How transaction fees work

1

Club Account

6 pricing options at a glance Standard fee Value Bundle EasyFee Package fee

1 1 1 1 1

Credit Cards

25

Home Loans

27

International Banking

29

Basic Transactional accounts Prepaid Debit Card Mzansi Transact

2 3 4 5

Internet, Cellphone and Telephone Banking

31

Off-sale Products ActiveSave Standard Fee

33 34 35 36 37 38 39 40 41 42 42 43 44

Full-service Transactional Accounts Mega U and Islamic Youth Flexi Account Islamic Savings

6 7 8 9

Package Fee Rebate Banking Management Fee and EasyFee Potentiate Investment Advantage

Current Accounts Absa Current Account, Silver, Gold, Platinum, Student Silver, Potentiate, Prosperity and Islamic Cheque Silver, Gold, Platinum Value Bundles Islamic Cheque Student - Student Silver Graduate – Potentiate

10

Islamic Cheque - Rebate Islamic Cheque - Management fee

11 12 13 15 17

Islamic Cheque - EasyFee Sekulula Frequently Asked Questions

Disclaimer: Fees quoted in this brochure are valid from 22 March 2013. Unless otherwise stated, fees are inclusive of 14% VAT and are subject to change.

Absa Bank is entitled, immediately and without notice, for each product or service offered to individual clients, to change the fees and costs to fees and costs that apply to the same and similar business products and services offered to business clients if there is evidence that an individual product or service is used for business purposes, or used in any way that is not allowed by the product terms or conditions. This may also result in clients having to pay for additional fees and costs, or even the termination of the product or service. E&OE

1 | Pricing Brochure

How transaction fees work
In short, you pay either a fixed fee or a sliding scale fee, sometimes called ‘ad valorem’. An example of how a fixed fee works is that when you perform account payments at an Absa ATM, you’ll pay a fixed fee per transaction, whether you pay R100,00 or R1000,00. With a sliding scale fee, when you withdraw money from an Absa ATM on certain products, you pay a base fee for the transaction itself plus a fee based on the value of the transaction. An example is the ATM cash withdrawal on a current account. There is a R3,95 base fee for the transaction plus a R1,15 fee per R100,00 withdrawn, which means a R500,00 cash withdrawal will cost you R9,70 (R3,95 + 5 x R1,15).

3. Rebate Banking Rebate Banking is a fee refund; it means you get all or part of a fee paid back to you as cash. You will not pay banking fees on certain transactions if you keep a set minimum balance in your account throughout the month. 4. Management Fee This fee option allows you to perform a basket of transactions for a fixed monthly fee. 5. EasyFee EasyFee is a management fee option where you pay a monthly fee based on the number of selected transactions you do each month. It offers you different pricing options to choose from, each with a set number of selected transactions. Once you’ve used all your set transactions you’re charged a single fee per selected transaction and no out of bundle penalty fees. 6. Package Fee With our Current Account Package pricing options, you receive a fixed number of transactions free of charge for a fixed monthly fee. A standard fee per transaction applies for transactions performed in excess of your transaction bundle. Absa Current Account Package pricing options offer you the added benefit of a Credit Card with no monthly fee

6 pricing options – at...
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