Many South Africans don’t know about the Absa easy account. If you are among them, please check out this article.
We will first briefly explain what an easy account is.
What Is An Easy Account
This is the basic and simplest account designed for everyone’s use.
You are offered a debit and an ATM MasterCard, which you can use to do shopping, pay bills, and more.
This account is perfect if you are a frequent shopper as the charges minimize with many transactions.
Now that you understand what an easy account is, we will show you the requirements to qualify for the account.
Requirements To Open This Account
Below are the requirements to qualify for the Absa easy account:
- You need a valid South African Identity Document or drivers license or a passport
- A valid utility bill not older than three (3) months to prove your identity
- A birth or marriage certificate if a relationship needs to be established.
These are the requirements to qualify for an easy account in South Africa.
We will now show you exactly how the account works.
Absa Easy Account
You have easy access to loans using the Absa mobile banking app, and you do not need to provide any documents.
You can quickly determine your loan eligibility, and the loan will be approved within minutes after you complete the application.
Absa uses artificial intelligence technologies to access your bank account transactions and determine how much you qualify for.
The easy account includes a free optional savings account which can be used to supplement your income.
The savings account offers a competitive rate of interest compared to other Absa savings accounts.
With this account, you have access to free internet banking and Absa mobile banking.
You can make bank transactions anytime and anywhere without any additional fees.
The only fee incurred is the data charges, as the bank does not provide that.
When you join the Absa rewards program, you enjoy exclusive promos from the partner merchants.
To open an account, you can fill out an application form from the internet banking or visit the nearest Absa branch.
This is all you need to know about the Absa easy account in South Africa.