In our guide today, we will briefly discuss the Absa reward points in South Africa.
When you register for the Absa rewards program, you can earn reward points.
You can redeem these points to your Absa account or at Absa reward partners.
We will first show you the key things to note about reward points.
What You Need To Know About Absa Reward Points
The reward program is divided into five tiers that determine the percentage of cash rewards you get on purchases.
You need to earn reward points to progress from one tier to another.
By just having an Absa transactional account, you get enough points to get you started.
However, these points will not bring you to the second tier, so you have to work your way up the levels.
What Are The Reward Tiers
Tier 1, which is the initial rewards tier begins with 0 points and ends at 489 points.
The rewards you get vary with the type of card you have with Absa, whether a debit or credit card.
Tier 2 starts at 490 points and ends at 589 points.
You need to earn an additional 100 points to move from tier 1 to tier 2.
To move from tier 2 to tier 3, you need an additional 100 points.
The tier starts at 590 points to 689 points.
To move from tier 3 to tier 4, you will need additional 100 points to reach 690 points.
Tier 5, which is the highest level of earning rewards, starts with a minimum of 70 points and has no maximum.
These are the Reward points in South Africa.
Absa Reward Points
You earn a 0.15% discount with a debit card and a 0.20% credit card discount from Absa when in tier 1.
In tier 2, you get a 0.20% debit card discount and a 0.40% credit card discount from Absa.
In tier 3, You get 0.30% and 0.75% cash rewards from Absa for debit and credit cards, respectively.
In tier 4, You get 0.35% and 0.95% cash rewards from Absa for debit and credit cards, respectively.
In tier 5, you earn 0.40% and 1.15% cash rewards from Absa for debit and credit cards.
You also earn up to 30% cashback at some selected Absa reward partners.
This is all you need to know about Absa reward points in South Africa.