Tài liệu 2012 Pricing Guide Options to suit every pocket doc

2012

Pricing

Guide

Options to suit

every pocket

Contents Page

Fast guide to what you need

How transactions fees work 1

5 pricing options at a glance 1

Standard Fee 1

Value Bundles™ Fee 1

Rebate Banking 1

Management Fee 1

EasyFee 1

Basic Transactional Accounts 2

Absa Prepaid Debit Card 3

Absa Mzansi 4

Absa Transact 5

Full Service Transactional Accounts 6

Absa Mega U 7

Absa Flexi Account 8

Current Accounts 9

Absa Current Account, Silver, Gold, Platinum,

Student Silver and Prosperity 10

Absa Value Bundles™ 11

Student – Absa Student Silver 12

Graduate – Absa Potentiate 14

Seniors – Absa Prosperity 16

Savings and Investments 18

Absa MoneyBuilder 19

Absa Investment Advantage 20

Absa Money Market Fund 21

Absa Club Account 22

Credit Cards 23

Absa Credit Card (Electronic, Silver, Gold, Platinum),

Absa Affinity Card, Garage Card and

Secondary Cards 24

Home Loans 25

International Banking 27

Internet, Cellphone and Telephone Banking 29

Islamic Banking 31

Islamic Savings and Youth 32

Islamic Cheque 33

Off-sale Products 36

ActiveSave 37

Standard Fee 38

Package Fee 39

Rebate Banking 40

Management Fee and EasyFee 41

Frequently Asked Questions 42

Disclaimer: Fees quoted in this brochure are valid from 1 August 2012. Fees are inclusive

of 14% VAT and are subject to change.

Absa Bank is entitled, immediately and without notice, for each product or service

offered to individual clients, to change the fees and costs to fees and costs that apply to

the same and similar business products and services offered to business clients if there

is no proof that an individual product or service is used for business purposes, or used

in any way that is not allowed by the product terms or rules. This may also results in

clients having to pay for additional fees and costs, or even the termination of the

product or service.

E&OE

Fast guide to what you need

Go to pages

9-11

Go to pages

18-22

Go to pages

6-8

Go to pages

2-5

Go to page 1

I need a Home Loan

– tell me more

International Banking

– money solutions for

travelling or sending

money to other

countries

Islamic Banking

– Shari’ah compliant

banking options

Off-sale Products

– banking options no

longer available to new

clients

Go to pages

23-24

Go to pages

25-26

Go to pages

27-28

Go to pages

29-30

Go to pages

31-35

Go to pages

36-41

I need to understand how

transaction fees work

Go to page 1

I want to know more about

pricing options

I only need a basic,

low-cost transactional

account where I only pay

fees when I transact

– Basic Banking

I need a full-service

transactional account with

access to all of Absa’s channels,

e.g. Internet Banking –

Full Service Banking

Internet, Cellphone

and Telephone

Banking – easier than

you think

Go to pages

12-17

Frequently Asked

Questions (FAQ)

Go to pages

42-43

Customised life-stage

accounts for Students,

Graduates and Seniors

I need more information

on Savings and

Investments

I need a Credit Card

– tell me more

I need a full-service current

account with access to credit

facilities and a range of

pricing options –

Current Accounts

01

How transaction fees work

In short, you pay either a fixed fee or a sliding scale fee,

sometimes called ‘ad valorem’.

An example of how a fixed fee works is that when

you perform account payments at an Absa ATM, you’ll

pay a fixed fee per transaction, whether you pay

R100,00 or R1000,00.

With a sliding scale fee, when you withdraw money

from an Absa ATM on certain products, you pay a base

fee for the transaction itself plus a fee based on the

value of the transaction. An example is a R3,85 base

fee for the transaction plus a R1,10 fee per R100,00

withdrawn, which means a R500,00 cash withdrawal

will cost you R9,35 (R3,85 + 5 x R1,10).

5 pricing options – at a glance

To get the most out of your banking, choose the

product and pricing option that best suits your needs

and your pocket. As your needs change, re-look your

options. When choosing a transactional account,

you can choose between various pricing options.

1. Standard Fee

This is the Pay As You Transact pricing option, where

you are charged a Standard Fee for every transaction

you make.

2. Value Bundles™ Fee

You pay an affordable, fixed monthly fee for as little as

R79,00 for a set number of transactions as part of your

Value Bundle™. Unused transactions roll over to the

next month. Various value-adds are included.

3. Rebate Banking

Rebate Banking is a fee refund; it means you get all

or part of a fee paid back to you as cash. You will not

pay banking fees on certain transactions if you keep

a set minimum balance in your account throughout

the month.

4. Management Fee

This fee option allows you to perform a basket

of transactions for a fixed monthly fee.

5. EasyFee

EasyFee is a management fee option where you

pay a monthly fee based on the number of selected

transactions you do each month. It offers you

different pricing options to choose from, each with

a set number of selected transactions. Once you’ve

used all your set transactions you’re charged a single

fee per selected transaction and no penalty fee.