Twin Plus Account

Benefits of this account

• Cashback rewards for transactions performed through digital channels and debit cards
• Digital channels transactions include bank-to-wallet transactions, wallet-to-bank transactions and airtime purchases
• Transaction thresholds are based on the type of transaction and the amount. For card transactions, every Platinum Debit Card spend of a minimum of TZS100,000 rewards a customer with one point equivalent to a cashback of TZS500 while for the same amount on Classic Credit Card a customer is rewarded with one point equivalent of TZS300. On digital channels, a spend of TZS100,000 rewards the customer with one point equivalent of TZS300, while for an airtime purchase, every TZS10,000 minimum spend provides customer with one point equivalent of TZS100.
• The more you spend, the more points you earn and therefore the higher your cashback rewards
• The rewards amount on your Twin Plus Savings account is not locked, so you can access and spend cashback earned anytime 
• You can see exactly how much cashback you earn through our digital banking platforms (Absa Internet Banking, Absa Digital App and Mobile Banking platforms)

Requirements for this account

• The product is open to customers from all retail customer segments (Premier Banking, Prestige Banking and Standard Banking)
• No monthly fee charged for account holders. You only need to open a transactional account from one of our segments and subscribe to the programme to start receiving monthly cashback based on transaction volume and values of the transactional accounts 
• Debit card transactions limited to online and point-of-sales (POS) terminals