Unlock your financial future with an Absa Youth Savings Account!

    Are you ready to take control of your financial journey? Introducing the Absa Youth Savings Account, designed to empower the youth with unbeatable features and benefits that make managing your money a breeze

    Start your financial journey with just TZS1,000

    Monthly interest income based on your average account balance

    Benefit from attractive and preferential interest rates

    Get your first debit card issued for free

    Enjoy a free monthly maintenance fee

    Manage your account any time, anywhere with Absa digital channels (internet banking, app, USSD), ATMs, and Absa Wakala

    Register for mobile and internet banking at no cost

    Our dedicated customer service team is here to assist you with complaints, feedback, and queries

    Participate in exciting youth activities and programmes, including career fairs, youth events, and seminars organised by Absa

    Enjoy free access to our cashback rewards proposition

    Open account now

    • Fees

      ATM withdrawal fee
      • TZS100,000 (minimum) is TZS1,000
      • TZS100,001 - TZS200,000: TZS1,500
      • TZS200,001 - TZS400,000: TZS1,700
      • TZS400,001 - TZS600,000: TZS2,000
      Counter cash withdrawal fee
      • Minimum - TZS5 milliom: TZS3,000
      • TZS5.1 million - TZS10 million: TZS5,000
      • TZS10.1 million - TZS20 million: TZS10,000
      • Above TZS20 million: 0.15% maximum TZS150,000

    • Documents required to apply

      • Valid ID (student ID, passport, voter’s ID or driving licence) primary ID is NIDA
      • Birth certificate 
      • Introduction letter from school/college/university for students

    Open your account now




    Need more help?

    Call us:
    0800750078 (Toll free)
    +255 (0)746 882 000 (Network charges apply)

    Email us:

    talktous@absa.co.tz