• What you get

    Benefits of this account
    • High return on savings
    • Interest per annum up to 70% of Central Bank Rate (CBR)
    • Interest calculated daily and paid bi-annually
    • Bonus interest of 0.25% paid annually
    • One withdrawal per quarter
    • With no more than 4 withdrawals in a calendar year, you earn bonus interest of 0.25% p.a
    • Free monthly  internet banking access
    • Free monthly mobile banking access
    • Bonus interest if not more than  1 withdrawal per quarter
    • Free ATM deposit 
    • Free debit card is available for the first issuance
    • Credit interest is available
    Requirements for this account
    • Opening balance is TZS30,000
    • Operating blance is TZS30,000
    • Interest balance is TZS500,000
    • Chequebook is not applicable

     

     

     

  • Fees

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

  • Documents required

    What to bring if you apply at a branch 
    •  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

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Need more help?

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

Email us:

talktous@absa.co.tz