Earn a bonus of up to 100% when you withdraw once per quarter or less. The higher the balance, the more you earn interest on top of interest! There is no limit for cash deposits to your account and interest is accrued daily and paid quarterly.

Key benefits

  • The higher the balance, the higher the crediting interest
  • Interest calculated daily and paid bi-annually
  • Credit interest is available
  • Get bonus interest if you have one withdrawal or less per quarter
Requirements
  • Opening balance of TZS30,000
  • Operating balance of TZS30,000
  • Interest balance of TZS500,000

  • Fees

    • Bundled maintenance fees is TZS8,000 for monthly average balances below TZS300,000 otherwise it is free
    • Counter cash withdrawal fee is TZS5,000 for amount up to TZS20 million, otherwise it is 0.15% of value maximum TZS100,000
       
    ATM withdrawal fee
    • TZS100,000 (minimum) is TZS1,400
    • TZS100,001 - TZS200,000: TZS1,600
    • TZS200,001 - TZS400,000: TZS1,800
    • TZS400,001 - TZS600,000: TZS2,300

  • Documents required to apply

    • Valid identity card (driving licence, national ID, passport or voter's ID)
    • Introduction letter from employer, from local government or from lawyer
    • Residential address letter from local government or utility bill receipt
    • Completed account opening application form
Need more help?

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

Email us:

talktous@absa.co.tz