Start saving with a transaction account that lets you earn interest while enjoying free limitations on transactional requirements. Interest is calculated daily and paid monthly.

Key benefits

  • The higher the balance, the higher the crediting interest
  • Interest calculated daily and paid bi-annually
  • Credit interest is available
Requirements and fees
  • Opening balance: TZS20,000
  • Maintain an operating balance of TZS20,000
  • Maintain a credit interest balance of TZS5,000,000
  • Chequebook is not applicable

  • Fees

    • Maintenance fee: TZS7,500
    • Counter cash withdrawal fee is TZS5,000 for amounts up to TZS20 million; otherwise it is 0.15% of the value with a maximum fee of 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