Choose the pricing option that suits you best

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Choose the pricing option that suits you best

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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 R1 000.

With a sliding scale fee, you pay a base fee for the transaction itself plus a fee based on the value of the transaction. An example is the ATM cash withdrawal on a current account. There is a R3,95 base fee for the transaction plus a R1,25 fee per R100,00 withdrawn, which means a R500,00 cash withdrawal will cost you R10,20 (R3,95 + 5 x R1,25).

7 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. Pay-as-you-transact

This is the standard fee pricing option, where you are charged a Standard Fee for every transaction you make. 2. Value Bundle

You pay an affordable, fixed monthly fee from as little as R49,00 per month 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 out-of-bundle penalty fees. 6. Package Fee

With our Current Account Package pricing options, you receive a fixed number of transactions free of charge for a fixed monthly fee. A Standard Fee per transaction applies for transactions performed in excess of your transaction bundle. Absa Current Account Package pricing options offer you the added benefit of a Credit Card with no monthly fee.

7. Prepaid

With this pricing option, an upfront fee is charged for all credits into the account. No fees are charged for transactions performed on Absa’s infrastructure.

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Transactional offerings

Product offerings

Pricing plans

Basic Banking Transact Pay-as-you-transact

Daily Banking Flexi Account Pay-as-you-transact Value Bundle

Full-value Banking Gold Account Pay-as-you-transact Value Bundle

Platinum Account Pay-as-you-transact Value Bundle

Youth Banking Mega U Pay-as-you-transact

Student Banking Student Silver Management Fee

Seniors Banking Prosperity Rebate Banking

Islamic Banking

Islamic Youth Pay-as-you-transact

Islamic Savings Pay-as-you-transact

Islamic Cheque Pay-as-you-transact Value Bundle

Savings and Investments

TruSave Pay-as-you-transact

Depositor Plus Pay-as-you-transact

Club Account Pay-as-you-transact

Money Market Fund Pay-as-you-transact

Credit Card Standard Fee

Home Loans Standard Fee

International Banking Standard Fee

Other offerings

Prepaid Debit Card Prepaid

Mzansi Pay-as-you-transact

Current Accounts: • Absa Current Account • Student Silver

• Prosperity • Islamic Cheque

Pay-as-you-transact

OneTouch Standard Fee

Safe custody Standard Fee

Pricing plans

Product offerings

Off-sale products

Standard Fee ActiveSave, Sekulula

FlexiSelect, Silver, Potentiate and Gold Senior

Packages Silver, Gold and Platinum

Rebate Banking Silver, Gold, Platinum, FlexiSelect, _{Gold Senior and Islamic Cheque}

Management Fee Silver, Gold, Platinum, Platinum Professional, Platinum Medical, Islamic Account, Potentiate and Prosperity

EasyFee FlexiSelect, Silver, Gold, Platinum, _{Islamic Cheque and Potentiate}

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Basic Banking

Transact

Monthly fees

Monthly administration fee R4,50

Monthly subscription fees –

Internet, Cellphone, Telephone Banking No charge

Deposits

Cheque deposit: Branch counter R14,00

Cheque deposit: Absa ATM No charge

Cash deposit: Branch counter R6,20 + R1,35/R100

Cash deposit: Absa ATM R3,00 + R1,25/R100

Cardless cash deposit R5,25 + R1,25/R100

Cash withdrawals

Branch counter R33,00 + R1,40/R100

Absa ATM R4,20

Point of sale (POS) R1,00

Absa-supported ATM R4,20

Saswitch ATM / Post Office terminal R7,00

Overseas ATM / POS(1) _R50,00

Purchases

Prepaid-top-up at Absa ATM, POS, Internet, Cellphone,

Telephone IVR R1,00

POS – local No charge

POS – overseas R9,75 + R0,75/R100 (max. R45,00)

Account payments and funds transfers Account payments • Branch counter • Absa ATM • Internet(2) • Cellphone(2) • Telephone IVR • Telephone Adviser-assisted R33,00 R3,00 R1,50 R1,50 R7,50 R14,50

Transact

A card-based account that gives access to the largest ATM network in the country and the convenience of 24/7 access to your money. No opening balance or minimum balance is required. This product allows for full electronic banking functionality including Internet Banking, Cellphone Banking, Telephone Banking and Absa ATMs. Qualifying clients can apply for an Absa ATM loan via an Absa ATM.

Tip: Choose the right product that gives you what you need and suits your budget, so you don’t pay for benefits

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Transact

Account payments and funds transfers Immediate interbank payment

• Internet, Cellphone, Telephone IVR

• Telephone Adviser-assisted R11,00 + R1,05/R100 (max. R65,00)R18,00 + R1,05/R100 (max. R65,00) Debit and stop orders

• Internal debit orders • External debit orders • Stop orders

No charge R3,00 No charge Funds transfers

• Absa ATM, Internet, Cellphone, Telephone IVR • Branch counter • Telephone Adviser-assisted No charge R33,00 R7,00 CashSend

• Absa ATM, Cellphone

• Internet R7,99R7,90 + R1,25/R100

Balance enquiries

Branch counter R2,45

Absa ATM No charge

POS No charge

Absa-supported ATM No charge

Internet, Cellphone, Telephone IVR No charge

Telephone Adviser-assisted R2,45

Statement fees

Absa ATM ministatement R2,50

Absa CAT terminal full statement R5,00

Branch counter full statement R14,00

Mailed statement R14,00

eStatement(3) _{No charge}

Transaction history

• Enquiry – Internet, Cellphone, Telephone IVR(4)

• Enquiry – Telephone Adviser-assisted(4)

• Cellphone – SMS | Email | Fax

No charge R14,00

R0,75 | R0,75 | R3,00 Archived statements / Tax certificate – Internet R5,50 per statement Copies of statements (per statement)

• Less than 4 months old

• 4 months or older R14,00R34,00

Administration fees

Bank cheque R75,00

Stop payments

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Transact

Other fees

Notification fee (SMS or email) R0,50

Dishonoured / Returned payment No charge

Notice of payment (Internet, Cellphone, Telephone)

• SMS | Email | Fax R0,75 | R0,75 | R3,00

Internet Banking notifications (includes RVN, TVN, logon alert)

• SMS | Email No charge

Declined fee (insufficient funds) • Absa ATM

• Absa-supported ATM

• Saswitch ATM / Post Office / Overseas ATM • POS

No charge No charge No charge No charge

Returned cheque deposit No charge

Notes:

1. Effective 1 May 2014, cash withdrawals performed at Global Alliance partners: R35,00. 2. Effective 1 August 2014, account payments via Internet or Cellphone Banking: R1,50.

3. Clients can register for eStatements by logging on to Internet Banking and clicking on the ‘Portfolio’ menu bar and then on ‘eStatements’, or via Telephone Banking or by sending their request to [email protected]

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Daily Banking

Flexi Account

The Flexi Account is a full-service transactional account. This account gives you full access to all our channels, such as Internet and Cellphone Banking, and is ideally suited to clients who earn a regular monthly income.

Key benefits associated with this account include free funeral cover for clients aged between 18 and 65 years, Personal Health Advisor, Legal Assist, Discounted Doctor’s Network and Missing Assist. Please note that terms and conditions apply.

Flexi Account

Monthly fees

Deposits

Cash withdrawals

Absa ATM R3,95 + R1,25/R100

Absa-supported ATM R6,95 + R1,25/R100

Saswitch ATM / Post Office terminal R9,95 + R1,25/R100

Purchases

Prepaid-top-up at Absa ATM, POS, Internet, Cellphone,

Telephone IVR R1,00

POS – local R2,65

Account payments and funds transfers Account payments

• Absa ATM, Internet, Cellphone, Telephone IVR • Branch counter

• Telephone Adviser-assisted

R7,50 R33,00 R14,50 Immediate interbank payment

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Flexi Account

Balance enquiries

Absa ATM R1,50 (first 2 free pm)

POS R1,00

Overseas ATM / POS R4,00

Statement fees

Full statement: Branch counter R14,00

Transaction history

No charge R14,00

Administration fees

Bank cheque R75,00

Stop payments

• Branch, Internet, Telephone Adviser-assisted R30,00

Stop order establishment / amendment fee

• Branch, Internet, Telephone Adviser-assisted No charge

Special clearance R75,00

Debit card replacement fee R60,00

Other fees

Dishonoured / returned payment R5,00

Notice of payment (internet, Cellphone, Telephone)

• SMS | Email | Fax R0,75 | R0,75 | R3,00

R2,50 R3,00 R4,00 R2,00

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All other transactions not included in the above list or where transactions are on specific limits, will be charged at Pay-as-you-transact fees as applied on Gold Current Account as per pricing table on page 11.

Flexi Value Bundle

Monthly fees

Monthly service fees R49,00

Transactions included

Cash withdrawals Absa ATM 3

Debit card purchases and withdrawals • POS purchases

• POS cash withdrawals

8 Electronic account and beneficiary payments

• Account payments via Absa ATM, Internet, Cellphone, Telephone IVR

• External debit orders

11

Funds Transfers and Internal Payments

• Funds transfers via Absa ATM, Internet, Cellphone, Telephone IVR • Internal debit orders

• Stop orders

Unlimited

Electronic information enquiries

• Statement – Absa ATM, Internet and Telephone IVR • Balance enquiries – Absa ATM, POS, Internet, Cellphone

and Telephone IVR

Unlimited

Notification (SMS or email) No charge

Roll-over of unutilised transactions(2) _{1 month}

Additional Features

Funeral plan R3 000

Notes:

1. Clients can register for eStatements by logging on to Internet Banking and clicking on the ‘Portfolio’ menu bar and then on ‘eStatements’, or via Telephone Banking or by sending their request to officialemail@ absa.co.za

2. Unutilised transactions for the current month will be added to the next month’s transaction limits (i.e. client who only uses 2 ATM withdrawals will have 4 ATM transactions in the subsequent month).

3. The following Internet, Cellphone and Telephone Banking transactions will generate a separate fee (in addition to the monthly service fee) on Value Bundles:

• Archived statements

• Immediate interbank payments • Notice of payments (fax, email and SMS) • CashSend

• Tax certificates

Flexi Value Bundle

With the Flexi Value Bundle, we offer you a selection of transactions free of charge for a low monthly fee of R49,00. Unutilised transactions for the current month will be added to the next month’s transaction limits.

Key benefits associated with this account include free funeral cover for clients aged between 18 and 65 years, Personal Health Advisor, Legal Assist, Discounted Doctor’s Network and Missing Assist. Please note that terms and conditions apply.

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Full-value Banking

Gold / Platinum Current Account

Pay-as-you-transact

With the Pay-as-you-transact (or Standard Fee) pricing option, you only pay for those transactions you use.

Gold / Platinum Current Account

Monthly fees

Monthly account fee R33,00

Deposits

Cash deposit: Branch counter(FVB) _{R6,20 + 1,35% of deposit value}

Cardless cash deposit R5,25 + 1,25% of deposit value

Cash withdrawals

Branch counter(FVB) _{R33,00 + R1,40/R100 (max. R500)}

Absa ATM R3,95 + R1,25/R100

Saswitch ATM R9,95 + R1,25/R100

Cheque encashment R33,00 + R1,40/R100 + cheque issued

Purchases

Prepaid top-up at Absa ATM, POS, Internet, Cellphone,

Telephone IVR R1,00

POS – local R3,85

• Absa ATM, Internet, Cellphone, Telephone IVR • Branch counter(FVB) • Telephone Adviser-assisted No charge R33,00 R7,00 CashSend

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Gold / Platinum Current Account

Balance enquiries Branch counter R2,45 Absa ATM R1,00 POS R1,00 Absa-supported ATM R2,95 Saswitch ATM R3,35

Statement fees

Transaction history

No charge R14,00

Administration fees

Bank cheque / marked cheque R75,00

Stop payments

• Branch, Internet, Telephone Adviser-assisted R30,00

Stop order establishment / amendment fee

Debit Card replacement fee R60,00

Cheque Card replacement fee / new card fee R70,00

Other fees

Overdraft ledger fee (pm)

• For the overdraft provision on your account: - Overdraft of R250

- Overdraft over R250

• If your account goes into unauthorised overdraft / excess

No charge R18,00 R57,00

Dishonoured / returned payment or RD cheque(5) _R60,00

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Gold / Platinum Current Account

Other fees

R2,50 R3,00 R4,00 R2,00

Returned cheque deposit R75,00

Notes:

(FVB)_{A R5,00 premium will apply to these transactions for Flexi Value Bundle clients.}

1. Effective 1 May 2014, cash withdrawals performed at Global Alliance partners: R35,00 2. Only applicable to accounts that allow cheques to be issued.

3. Clients can register for eStatements by logging on to Internet Banking and clicking on the ‘Portfolio’ menu bar and then on ‘eStatements’, or via Telephone Banking or by sending their request to [email protected] 4. An additional fee of R2,00 is applicable if request is emailed or R6,50 for fax.

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Gold / Platinum Value Bundles

With the Value Bundle pricing option we offer you a selection of transactions free of charge for a low monthly fee. When you’ve used all the free transactions in your bundle, you will only pay Pay-as-you-transact fees per transaction as per pricing table on page 11. Unused transactions as allocated in your Value Bundle will roll over for one month if not used. You can get up to 50% discount on your monthly fee if you maintain a set positive balance in your account.

Furthermore, if your spouse chooses to take up a Gold or Platinum Value Bundle he / she qualifies for a 50% discount on his / her monthly fee. Your Value Bundle includes monthly cash back into your account if you have a Home Loan / Credit Card or Vehicle Finance with Absa depending on the Value Bundle you are on. You get free subscriptions to NotifyMe, Internet Banking, Telephone Banking and Cellphone Banking.

Gold Value Bundle

Platinum Value Bundle

Monthly fees

Monthly service fees R98,00 R149,00

Discounted monthly service fee: • For maintaining a balance of:

- more than R10 000 = 10% discount; or - more than R20 000 = 20% discount; or - more than R30 000 = 50% discount

R88,20 R78,40 R49,00 R134,10 R119,20 R74,50 Monthly subscription fees –

Internet, Cellphone, Telephone Banking No charge No charge

Priority Pass monthly fee (optional)(1) _N/A _R59,00

Transactions included Absa ATM cash deposits • Cash deposit Absa ATM • Cash deposit cash acceptor

• Cardless cash deposit at cash acceptor

5 5

Absa ATM cash withdrawals

• Cash withdrawals Absa ATM 6 8

Debit Card purchases and withdrawals • Debit and Cheque Card purchases • Point-of-sale cash withdrawals

Unlimited Unlimited

Electronic account and beneficiary payments • Account payments via Absa ATM, Internet,

Cellphone, Telephone (IVR) • External debit orders • External stop orders

Unlimited Unlimited

Funds transfers and internal payments • Funds transfers via Absa ATM, Internet,

Cellphone, Telephone (IVR) • Internal debit orders • Internal stop orders

Unlimited Unlimited

Electronic information enquiries

• Statement – Absa ATM, Internet and Telephone (IVR) • Balance enquiries – Absa ATM, POS, Internet,

Cellphone and Telephone (IVR)

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Gold Value Bundle

Platinum Value Bundle

Cross-product benefits

Cash back for your Credit Card R19,00 R41,00

Cash back for your Home Loan(4) _R15,00 _R20,00

Cash back for your Vehicle Finance R5,00 R5,00

Additional features

Spouse discount on monthly service fees 50% 50%

Lump sum death benefit R15 000 R20 000

All other transactions not included in the above list or transactions done in excess of specific limits, will be charged at Pay-as-you-transact fees as applied on the Gold / Platinum Account as per pricing table on page 11.

Notes:

1. The first five visits per annum via Priority Pass are included in the monthly fee. Visits in excess of five will be charged at $33,00 per visit at the exchange rate on the day of billing.

Visit www.prioritypass.com for information on participating lounges. Please remember to keep a personal record of your visits so you know when your free visits have been used as statements are not provided. A fee of R60,00 will apply to Priority Pass card replacements. Priority Pass is for international and domestic lounge access.

2. Clients can register for eStatements by logging on to Internet Banking and clicking on the ‘Portfolio’ menu bar and then on ‘eStatements’, or via Telephone Banking or by sending their request to

[email protected]

3. Unutilised transactions for the current month will be added to the next month’s transaction limits (i.e. client who only uses 2 ATM withdrawals will have 8 ATM transactions in the subsequent month on a Gold Value Bundle).

4. Joint home loans and home loans under the Usury Act are excluded. 5. The following Internet, Cellphone and Telephone Banking transactions

will generate a separate fee (in addition to the monthly service fee) on Value Bundles:

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Mega U

Monthly fees

Monthly administration fee No charge

Deposits

Cash deposit: Branch counter No charge if deposit is less than R500.

R6,20 + R1,35/R100 of full deposit if deposit is greater than or equal to R500.

Cash deposit: Absa ATM First R500 at no charge, thereafter

R1,25 per R100

Cardless cash deposit First R500 at no charge, thereafter

R1,25 per R100 Cash withdrawals

Absa ATM R4,20

Purchases

Prepaid top-up at Absa ATM, POS, Internet,

Cellphone, Telephone IVR R1,00

POS – overseas R45,00

• Telephone Adviser-assisted R11,00 + R1,05/R100 (max. R65,00)R18,00 + R1,05/R100 (max. R65,00)

Youth Banking

Mega U

Mega U account is the ideal account to get you started with a bank account. You need to be younger than 18 years of age to qualify for these accounts. With this account you have the benefit of free debit card purchases, free SMS and email notifications, free Absa ATM balance enquiries and no monthly fee. Youth clients who bank smartly can bank free of charge.

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Mega U

Account payments and funds transfers Debit and stop orders

• Absa ATM, Internet, Cellphone, Telephone IVR • Branch counter • Telephone Adviser-assisted No charge R33,00 R7,00 CashSend • Absa ATM • Internet, Cellphone R7,99R7,90 + R1,25/R100 Balance enquiries Branch counter R2,45

Absa ATM No charge

POS R1,00

Statement fees

Transaction history

No charge R14,00

Administration fees

Bank cheque R75,00

Stop payments

• Branch, Internet, Telephone Adviser-assisted R30,00 Stop order establishment / amendment fee

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Mega U

Other fees

Notification fee (SMS or email) No charge

• SMS | Email | Fax R0,75 | R0,75 | R3,00

R2,50 R3,00 R4,00 R2,00

Notes:

1. Effective 1 May 2014, cash withdrawals performed at Global Alliance partners: R35,00.

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Student Banking

Student Silver

EasyFee option Monthly fee Number of transactions included Fee per transaction thereafter

Option 1 R17,00 Unlimited N/A

Student Silver

A Student Silver Current Account is the most cost-effective way to bank while you are a student. For as little as R17,00 per month, all your day-to-day banking needs are taken care of. A Student Silver Account provides you with unlimited access to Internet and Cellphone Banking as well as our ATM network, providing you with convenient and affordable access to your finances wherever you are.

EasyFee

The default pricing option on Student Silver is the EasyFee pricing option. With this option you can perform an unlimited number of selected transactions through our self-service channels for a fixed fee of R17,00 per month.

For Student Silver, there are no monthly subscription fees for NotifyMe and Internet, Cellphone and Telephone Banking. Most fees for transactions performed on these channels are included in the monthly service fee. Charges will be levied for immediate interbank payments, notice of payments or reminders, archived statements and tax certificates.

Transactions catered for in EasyFee

The monthly fee includes any combination of the following day-to-day transactions performed on any electronic channel (Absa ATM, Internet/Cellphone/Telephone Banking IVR):

• Absa ATM cash withdrawals • Absa ATM cash deposits

• Absa ATM balance enquiries and ministatements • CashSend at an Absa ATM

• Electronic funds transfers • Account payments

• Point-of-sale purchases and cash withdrawals (local) • Debit orders and stop orders

All other transactions not included in the above list (e.g. Saswitch transactions, branch counter transactions) will be charged for at the standard fee as reflected on the Pay-as-you-transact pricing table on page 45. For Student Silver, monthly mailed statements and eStatements(1)_{are free of charge.}

Note:

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Flexi Account (Seniors)

Pricing options

Seniors Rebate Banking(1)_{minimum balance} _{R5 000}

Monthly fees

Deposits

Cash withdrawals

Absa ATM R3,95 + R1,25/R100

Purchases

Prepaid top-up at Absa ATM, POS, Internet, Cellphone,

Telephone IVR R1,00

POS – local R2,65

• Absa ATM

• Internet, Cellphone, Telephone IVR • Branch counter • Telephone Adviser-assisted R7,50 R7,50 R33,00 R14,50 Immediate interbank payment

• Internal debit orders • External debit orders • Stop orders No charge R7,50 No charge

Seniors Banking

Flexi Account

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Flexi Account (Seniors)

Account payments and funds transfers Funds transfers

• Absa ATM

• Internet, Cellphone, Telephone IVR • Branch counter • Telephone Adviser-assisted No charge No charge R33,00 R7,00 CashSend • Absa ATM • Internet, Cellphone R7,90 + R1,25/R100R7,90 + R1,25/R100 Balance enquiries Branch counter R2,45

Absa ATM R1,50 (first 2 free pm)

POS R1,00

Statement fees

Transaction history

No charge R14,00

Administration fees

Bank cheque R75,00

Stop payments

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Flexi Account (Seniors)

Other fees

• SMS | Email | Fax R0,75 | R0,75 | R3,00

R2,50 R3,00 R4,00 R2,00

Notes:

1. Fees shaded indicate that no charge will be levied on this transaction when the minimum monthly account balance (as required on the Rebate Banking pricing option) is maintained throughout the month. This option is only available to our senior clients (aged 55 or over).

2. Effective 1 May 2014, cash withdrawals performed at Global Alliance partners: R35,00

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Rebate Banking

Minimum monthly account balance N/A

Maximum rebate amount R500,00

*No minimum balance is needed to be maintained in the account. However, one of the following investments must be maintained with Absa in order to qualify for rebates: • 12 month (or longer) fixed deposit

• 12-18 month bonus deposit • Linked rate deposit

• MoneyBuilder • Money Market Fund • Investment Advantage • Depositor Plus • TruSave • Notice Select R15 000 R15 000 R15 000 R15 000 R20 000 R20 000 R20 000 R20 000 R20 000

Prosperity

The Prosperity Account is one of the most affordable ways to bank if you are 55 years and older and earn more than R2 000 per month. If you can afford to invest R15 000 or more you have access to the Prosperity Rebate Banking option, where you receive up to R500,00 per month of daily banking transactions free of charge. As a Prosperity client, you also qualify for additional interest rate benefits on a selection of our investment accounts.

Tip: With the Rebate option you pay no banking fees on

certain transactions if you maintain a set minimum balance in your investment account. All other transactions not included under Rebate Banking will be charged at the Standard Pay-as-you-transact fee pricing as per the pricing table on page 45.

In addition to rebates on the current account, Prosperity clients will benefit from a concession on monthly fees and most transactional charges on Internet, Telephone and Cellphone Banking. Charges will be levied for immediate interbank payments, notice of payments or reminders, archived statements, CashSend and tax certificates.

Transactions exempt with Rebate Banking

Monthly fees Purchases

Monthly account fee Prepaid top-up:

Absa ATM / POS Deposits

Cheque deposit: Branch counter / Absa ATM POS – local

Cash deposit: Branch counter / Absa ATM

Cash withdrawals Funds transfers

Branch counter Branch counter

Absa ATM Absa ATM

Point of sale (POS) - local Balance enquiries

Absa ATM

Account payments Statement fees

Account payments • Absa ATM • Branch counter

Absa ATM ministatement Other fees

Notification fee (SMS or email Debit orders and stop orders

• Internal debit orders • External debit orders

Cheque encashment Cheques issued

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Islamic Youth

Monthly fees

Deposits

Cash deposit: Branch counter No charge if deposit is less than R500.

R6,20 + R1,35/R100 of full deposit if deposit is greater than or equal to R500.

Cash deposit: Absa ATM First R500 at no charge,

thereafter R1,25 per R100

Cardless cash deposit First R500 at no charge,

thereafter R1,25 per R100 Cash withdrawals

Absa ATM R4,20

Purchases

Prepaid-top-up at Absa ATM, POS, Internet,

POS – overseas R45,00

• Telephone Adviser-assisted R11,00 + R1,05/R100 (max. R65,00)R18,00 + R1,05/R100 (max. R65,00)

Islamic Banking

Islamic Youth

An Islamic Youth Account is the ideal account to get you started with a bank account. You need to be younger than 18 years of age to qualify for these accounts.

With these accounts you have the benefit of free debit card purchases, free SMS and email notifications, free Absa ATM balance enquiries and no monthly fee. Youth clients who bank smartly can bank free of charge.

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Islamic Youth

Account payments and funds transfers Debit and stop orders

• Absa ATM, Internet, Cellphone, Telephone IVR • Branch counter • Telephone Adviser-assisted No charge R33,00 R7,00 CashSend • Absa ATM • Internet, Cellphone R7,99R7,90 + R1,25/R100 Balance enquiries Branch counter R2,45

Absa ATM No charge

POS R1,00

Statement fees

Transaction history

No charge R14,00

Administration fees

Bank cheque R75,00

Stop payments

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Islamic Youth

Other fees

• SMS | Email | Fax R0,75 | R0,75 | R3,00

R2,50 R3,00 R4,00 R2,00

Notes:

1. Effective 1 May 2014, cash withdrawals performed at Global Alliance partners: R35,00

2. Clients can register for eStatements by logging on to Internet Banking and clicking on the ‘Portfolio’ menu bar and then on ‘eStatements’, or via Telephone Banking or by sending their request to [email protected] 3. An additional fee of R2,00 is applicable if request is emailed or R6,50 for fax.

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Islamic Savings

Pricing options

Standard Fee √

Rebate Banking(1)_{minimum balance} R10 000

Monthly fees

Monthly administration fee(2) _R17,00

Deposits

Cash withdrawals

Absa ATM R3,95 + R1,25/R100

Purchases

POS – local R3,85

• Absa ATM

• Internet, Cellphone, Telephone IVR • Branch counter • Telephone Adviser-assisted R7,50 R7,50 R33,00 R14,50 Immediate interbank payments

• Internal debit orders

• External debit orders No chargeR7,50

Islamic Savings

This is a Shari’ah compliant transactional savings account that provides you with a pre-agreed profit share payout and a card that you can use to access your funds at any time via ATMs or Absa branches. There is no minimum or maximum investment period.

You can do all types of electronic payments and transfer transactions, and if you have R10 000 or more in your account, certain transaction fees will be waived. A minimum initial deposit of R50,00 is required to open the account and a minimum balance of R50,00 must be maintained.

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Islamic Savings

Account payments and funds transfers Funds transfers

• Absa ATM

• Internet, Cellphone, Telephone IVR • Branch counter • Telephone Adviser-assisted No charge No charge R33,00 R7,00 CashSend • Absa ATM • Internet, Cellphone R7,90 + R1,25/R100R7,90 + R1,25/R100 Balance enquiries Branch counter R2,45 Absa ATM R1,00 POS R1,00 Absa-supported ATM R2,95

Statement fees

Transaction history

No charge R14,00

Administration fees

Bank cheque R75,00

Stop payments

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Islamic Savings

Other fees

Dishonoured / Returned payment(6) _R60,00

• SMS | Email | Fax R0,75 | R0,75 | R3,00

R2,50 R3,00 R4,00 R2,00

Notes:

1. Fees shaded indicate that no charge will be levied on this transaction when the minimum monthly account balance (as required on the Rebate Banking pricing option) is maintained throughout the month.

2. Clients who maintain more than R2 000 in their account throughout the month, will be exempt from paying a monthly administration fee.

5. An additional fee of R2,00 is applicable if request is emailed or R6,50 for fax. 6. Increasing to R138,00 per transaction from the 4th_{occurrence within 12 months.}

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Islamic Cheque

Value Bundles

This is a Shari’ah compliant cheque product based on a Qard structure, and offers a transactional account vehicle that allows you to have an affordable Silver, Gold or Platinum Value Bundle pricing option. Bank from as little as R89,00 per month with a Value Bundle. With the Value Bundle pricing option we offer you a selection of transactions for a low monthly fee. When you’ve used all the transactions in your bundle, you will only pay Standard Fees per transaction as per the Pay-as-you-transact pricing table on page 45.

Unused transactions as allocated in your Value Bundle will roll-over for one month if not used. You can get up to 50% discount on your monthly fee if you maintain a set positive balance in your account. Furthermore, if your spouse chooses to take up a Silver, Gold or Platinum Value Bundle he/she qualifies for a 50% discount on his/her monthly fee. Your Value Bundle includes monthly cash back into your account for having a home loan*/credit card*/vehicle finance/personal loan* or micro loan* with Absa, dependent on the Value Bundle you are on. You get subscriptions to NotifyMe, Internet Banking, Cellphone Banking and Telephone Banking as part of your Value Bundle option.

Silver

Value Bundle

Gold

Value Bundle

Platinum

Value Bundle

Monthly fees

Monthly service fees R89,00 R98,00 R149,00

Discounted monthly service fee: • For maintaining a balance of:

- more than R10 000 = 10% discount; or - more than R20 000 = 20% discount; or - more than R30 000 = 50% discount

R80,10 R71,20 R44,50 R88,20 R78,40 R49,00 R134,10 R119,20 R74,50 Monthly subscription fees – Internet, Cellphone,

Telephone Banking No charge No charge No charge

Priority Pass monthly fee (optional)(1) _N/A _N/A _R59,00

Transactions included Absa ATM cash deposits • Cash deposit Absa ATM • Cash deposit cash acceptor

• Cardless cash deposit at cash acceptor

5 5 5

Absa ATM cash withdrawals

• Cash withdrawals Absa ATM 5 6 8

Debit Card purchases and withdrawals • Debit and Cheque Card purchases • Point-of-sale cash withdrawals

Unlimited Unlimited Unlimited

Electronic account and beneficiary payments

• Account payments via Absa ATM, Internet, Cellphone, Telephone IVR

• External debit orders • External stop orders

Unlimited Unlimited Unlimited

Funds transfers and internal payments

• Funds transfers via Absa ATM, Internet, Cellphone, Telephone IVR

• Internal debit orders

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Silver

Value Bundle

Gold

Value Bundle

Platinum

Value Bundle

Cross-product benefits

Cash back for your Credit Card R15,00 R19,00 R41,00

Cash back for your Home Loan(4) _R10,00 _R15,00 _R20,00

Cash back for your Vehicle Finance R0,00 R5,00 R5,00

Cash back for your Personal Loan R5,00 R0,00 R0,00

Additional features

Spouse discount 50% 50% 50%

Lump sum Takaful benefit R10 000 R15 000 R20 000

Notes:

1. The first five visits per annum via Priority Pass are included in the monthly fee. Visits in excess of five will be charged at $33,00 per visit at the exchange rate on the day of billing. Visit www.prioritypass.com for information on participating lounges. Please remember to keep a personal record of your visits so you know when your free visits have been used as statements are not provided. A fee of R60,00 will apply to Priority Pass card replacements. Priority Pass is for international and domestic lounge access.

2. Clients can register for eStatements by logging on to Internet Banking and clicking on the ‘Portfolio’ menu bar and then on ‘eStatements’, or via Telephone Banking or by sending their request to officialemail@ absa.co.za

3. Unutilised transactions for the current month will be added to the next month’s transaction limits (i.e. a Gold Value Bundle client who only uses 2 ATM withdrawals will have 8 ATM transactions in the subsequent month).

4. Joint home loans and home loans under the Usury Act are excluded.

Note:

The following Internet, Cellphone and Telephone Banking transactions will generate a separate fee (in addition to the monthly service fee) on Value Bundles:

• Stop payments of cheques and debit orders * Not Shariah compliant.

All other transactions not included in the above list or transactions done in excess of specific limits, will be charged at Pay-as-you-transact fees as applied on the Silver Account as per pricing table on page 55, or on the Gold/Platinum Account as per pricing table on page 11.

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Savings and Investments

Start saving for your future now with our range of savings and investment accounts. Absa Internet Banking clients can conveniently open a range of savings and investment accounts online without going into a branch. Keep your hard-earned savings in a savings or investment account to ensure you maximise your returns and keep control of your savings goals.

TruSave

Depositor Plus

Club Account

Monthly fees

Monthly administration fee No charge No charge No charge

Deposits

Cheque deposit: Branch counter R14,00 R14,00 R14,00

Cheque deposit: Absa ATM No charge No charge N/A

Cash deposit: Branch counter R6,20 + R1,35/R100 R6,20 + R1,35/R100 R6,20 + R1,35/R100

(first 4 ATM cash deposits free pm)

R3,00 + R1,25/R100 N/A

Cardless cash deposit R5,25 + R1,25/R100 R5,25 + R1,25/R100 N/A

Cash withdrawals

(max. R500) R33,00 + R1,40/R100(max. R500) R33,00 + R1,40/R100(max. R500)

Absa ATM R6,95 + R1,25/R100

(first 2 free pa) R3,95 + R1,25/R100 N/A

Absa-supported ATM R9,95 + R1,25/R100 R6,95 + R1,25/R100 N/A

Saswitch ATM R12,95 + R1,25/R100 R9,95 + R1,25/R100 N/A

Overseas ATM(1) _R50,00 _R50,00 _N/A

• Absa ATM

• Branch counter N/AN/A N/AN/A N/AR33,00

Debit and stop orders • Internal debit orders • External debit orders • Stop orders N/A N/A N/A N/A N/A N/A No charge R7,50 No charge Funds transfers • Absa ATM

• Branch counter No chargeR33,00 No chargeR33,00 N/AR33,00

Balance enquiries

Branch counter R2,45 R2,45 R2,45

Absa ATM R1,00 (first 2 free pm) R1,00 N/A

Absa-supported ATM R2,95 R2,95 N/A

Saswitch ATM R3,35 R3,35 N/A

Statement fees

Branch counter full statement R14,00 R14,00 R14,00

Absa ATM ministatement R2,50 (first 2 free pm) R2,50 N/A

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TruSave

Depositor Plus

Club Account

Administration fees

Bank cheque R75,00 R75,00 R75,00

Stop payment instruction R30,00 R30,00 R30,00

Special clearance N/A N/A R75,00

Debit Card replacement fee N/A N/A N/A

Other fees

Notification fee (SMS or email) R0,50 No charge No charge

Dishonoured / returned payment(3) _N/A _N/A _R36,00

Declined fee (insufficient funds) • Absa ATM • Absa-supported ATM • Saswitch ATM • POS R2,50 R3,00 R4,00 N/A R2,50 R3,00 R4,00 N/A N/A N/A N/A N/A

Returned cheque deposit R75,00 R75,00 R75,00

Notes:

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Money Market Fund

Monthly fees

Commission

All credits into account except for counter cash deposits 0,40% Deposits

Cheque deposit: Branch counter Commission applicable

Cheque deposit: Absa ATM Commission applicable

Cash deposit: Absa ATM Commission applicable

Cardless cash deposit Commission applicable

Cash withdrawals

Branch counter(1) _{No charge}

Absa ATM(1) _{No charge}

Overseas ATM(2) _R50,00

• Absa ATM

• Branch counter N/AN/A

Debit and stop orders • Internal debit orders • External debit orders • Stop orders N/A N/A N/A Funds transfers • Absa ATM

• Branch counter No chargeNo charge

Balance enquiries

Branch counter No charge

Absa ATM No charge

Saswitch ATM R3,35

Statement fees

Branch counter full statement No charge

Absa ATM ministatement No charge

Absa CAT terminal full statement No charge

Mailed statement No charge

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Money Market Fund

Other fees

Dishonoured / returned payment N/A

Declined fee (insufficient funds) • Absa ATM • Absa-supported ATM • Saswitch ATM • POS No charge No charge No charge No charge

Notes:

1. Provided a minimum balance of R100 000 is maintained in the account at all times the transactions indicated will be exempt from standard charges.

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Credit Cards

Card type

Transact Credit

Gold

Titanium

Platinum

Credit Card R50,00 pm R21,00 pm R35,00 pm R46,50 pm

Affinity Card N/A R21,00 pm N/A N/A

Garage Card N/A R16,00 pm R16,00 pm R16,00 pm Secondary Card No charge No charge No charge No charge When used wisely, your Credit Card is actually cheaper to use

than a Debit Card, as most of your purchase transactions are free. It’s also smarter to use your Credit Card instead of using cash – and here’s why:

• You get up to 57 interest-free days on purchases, excluding cash withdrawals, casino transactions, Internet Banking transfers, fuel purchases and budget plan purchases. This applies if all outstanding balances on the Credit Card account were fully paid by the due dates. Cash and Garage Card transactions are not included in the interest-free

period, as interest is charged from the date of transaction. Terms and conditions apply.

• Avoid paying cash deposit fees when you transfer payments to your Credit Card using electronic channels (Internet, Cellphone or ATM).

Tip: Use your Credit Card for fuel purchases, as no transaction

fees are charged when making fuel purchases with a Credit Card.

Credit Cards

Monthly Fees

Monthly subscription fees – Internet, Cellphone, Telephone Banking No charge Purchases

Credit Card purchases No charge

Garage Card purchases R4,00

Deposits

Cash withdrawals

Branch counter (any local bank) R33,00 + R1,40/R100 (max. R500)

Absa ATM R3,95 + R1,25/R100

Overseas ATM(1) _R50,00

• Absa ATM

• Branch counter R7,50R33,00

Funds transfers • Absa ATM

• Branch counter No chargeR33,00

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Credit Cards

Statement fees and notifications

SMS / email notifications R0,50

Other fees

Replacement / lost card administration fee(2) _R110,00

Unpaid debit order / cheque fee R95,00

Invalid disputes fee – domestic transactions R42,00

Invalid disputes fee – international transactions R113,00

Duplicate statement fee R5,00 per request. R1,00 per page (max. R50,00).

Face-to-face delivery(3) _R99,00

Same-day delivery R314,00

Bank cheque R75,00

Initiation fee R135,00

Load fee: Low-value payments (LVP) • POS

• Branch, ATM, Internet, Cellphone, Telephone 3,5% of deposit value (minimum charge of R1,50)2,5% of deposit value (minimum charge of R1,50)

Notes:

1. A currency conversion fee of 2,75% (of the rand value of the transaction) applies to any transaction outside South Africa. 2. We may charge a replacement card fee or lost card administration fee at our own discretion.

3. Face-to-face delivery:

• Free on Gold and Platinum Credit Card reissue and replacement cards only.

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Home Loans

A Home Loan offers you flexible repayment terms so you can repay your loan over any term up to 30 years. You also get to choose from a range of interest rate options. Easy access means you can use the funds you have paid in advance in your Home Loan immediately with FlexiReserve. At any time,

you can choose to save interest by depositing an additional amount into your loan. As your property appreciates in value, you can also increase your loan amount to finance whatever you want.

Home Loans

Initiation fees

All loans R5 000 + VAT

Monthly service fees

MyHome clients(1) _R35,91

All other agreements R57,00

Deposits

Cash deposit:Branch counter(2) _{R6,20 + R1,35/R100}

Notes:

1. MyHome client – gross monthly income less than R18 600 (subject to change annually).

2. Fee applicable for all cash deposited in excess of the monthly repayment amount. Please note that ATM deposits, cheque deposits and electronic deposits are free of charge.

Early Settlement Interest

Penalty interest will be levied on all Home Loans cancelled, where a 90-day prior notice of the intention of such closure has been given, in accordance with the mortgage loan agreement.

In cases where a loan is closed in a period shorter than the full requirement of 90 days, the interest calculation will be reduced by such period (i.e. if a client gives notice 30 days before account closure, he or she will only be liable for the remaining 60-day period, i.e. 90 days less actual days’ notice given).

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International Banking

Foreign exchange – general information

Whether your overseas trip is for business, pleasure or a combination thereof, Absa will help you with all your financial arrangements so that your trip is enjoyable and hassle-free.

Please note these important rules regarding foreign exchange

The South African Reserve Bank sets an annual amount that adults, children and business representatives may take overseas. As the rules and limits change from time to time, please ask us about the latest allowances. In terms of current South African Exchange Control regulations, you may not be given your foreign exchange more than 60 days before you leave. You will only be given your travel allowance if you have a valid passenger ticket, e-ticket or electronic flight voucher in your name, for a journey commencing from South Africa.

We can also provide you with foreign exchange for overland travel.

Absa’s Foreign Exchange Desk deals in all major foreign currencies and is able to provide foreign currency for travel or transactional purposes, including:

• American Express Travellers Cheques • Foreign banknotes

• Cash Passport

• Bank drafts and electronic funds transfers • An up-to-date listing of current exchange rates

Tip: Use an Absa Cash Passport when travelling

internationally. It is much safer and more convenient than carrying cash.

International Banking

Purchase and sale of foreign banknotes

Purchase and sale of foreign banknotes 1,68% Minimum R115,00

Travellers cheques

Travellers cheques sold 1,71% Minimum R130,00 Travellers cheques sold to Prosperity Card holders 1,50% Minimum R110,00 Travellers cheques purchased 1,71% Minimum R130,00 Travellers cheques repurchased from clients

who previously bought from Absa No charge

Visa letter R55,00

Cash Passport

Sale of Cash Passport 1,65% Minimum R100

Once-off card activation fee: (currency-based) Multi-currency Card Secondary Card $10,00 (USD) £7,50 (GBP) €10,00 (EUR) $10,00 (AUD) R50,00 (ZAR)

Repurchase of Cash Passport (cash out) Free if original purchase was from Absa

Bank drafts

Sale of bank drafts 1,5125% Minimum R181,50

Maximum R847,00

Transfer outwards

Telegraphic transfers outwards 0,462% Minimum R115,00 Maximum R603,75 Electronic cost R55,00

Transfer inwards

Inwards transfers received 0,462% Minimum R115,00 Maximum R603,75 Inwards pension payments for Prosperity members

• Transaction value <R10 000

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Note:

Tariffs contained herein for International Banking are quoted excluding VAT unless stated otherwise.

International Banking

Cash-handling fee Cash-handling fee

• Transaction value under R50 000

• Transaction value above R50 000 R250,00R6,20 + 1,35% (VAT incl.)

of the value of the cash exchanged for foreign currency

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Prepaid Debit Card

Monthly fees

Monthly administration fee(1) _{No charge}

Internet, Cellphone, Telephone Banking N/A

Once-off card fee R30,00

Deposits(2)

Cheque deposit: Branch counter 2,5%

Cheque deposit: Absa ATM 2,5%

Cash deposit: Branch counter 2,5%

Cash deposit: Absa ATM 2,5%

Cardless cash deposit 2,5%

Cash withdrawals

Absa ATM No charge

Point of sale (POS) No charge

Overseas ATM / POS N/A

Purchases

Prepaid-top-up at Absa ATM or POS No charge

Prepaid-top-up at Internet, Cellphone, Telephone IVR N/A

POS – overseas N/A

Account payments and funds transfers CashSend

• Absa ATM No charge

Balance enquiries

Absa ATM No charge

POS No charge

Saswitch ATM No charge

Post Office terminal No charge

Statement fees

Absa ATM ministatement No charge

Absa CAT terminal full statement No charge

Branch counter full statement No charge

Other offerings

Prepaid Debit Card

The Prepaid Debit Card is a basic cash-in / cash-out account and is ideal for someone who only needs access to basic banking services such as deposits, cash withdrawals, Debit Card purchases and airtime top-ups. Debit orders and bill payments are restricted on the Prepaid Debit Card.

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Prepaid Debit Card

Statement fees

Copies of statements (per statement) • Less than 4 months old

Administration fees

Bank cheque N/A

Reissue card fee(3) _R30,00

Inactive fee (pm)(4) _R10,00

Special clearance No charge

Debit Card replacement fee R60,00

Other fees

No charge No charge No charge No charge

Returned cheque deposit No charge

Notes:

1. A R10,00 administration fee will apply when the card expires and the client did not request the reissuing of a new card. 2. All credits to the Prepaid Debit Card Account will attract a fee of 2,5% of the value of the deposit amount, i.e. R2,50 for R100. 3. When a client requests a new card to replace the expired card, a reissue card fee will be charged.

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Mzansi

Monthly fees

Internet, Cellphone, Telephone Banking N/A

Deposits

Cash deposit: Branch counter(2) _R13,00

Cash deposit: Absa ATM(2) _R5,20

Cardless cash deposit(2) R5,25 + R1,25/R100

Cash withdrawals

Absa ATM R5,20

Saswitch ATM | Post Office terminal R5,20 | R13,00

Overseas ATM / POS N/A

Purchases

POS – local R2,00

POS – overseas N/A

• Absa ATM

• Internet, Cellphone, Telephone IVR • Branch counter • Telephone Adviser-assisted R5,80 R7,50 R33,00 R14,50 Immediate interbank payment

• Absa ATM, Internet, Cellphone, Telephone IVR • Branch counter • Telephone Adviser-assisted No charge R33,00 R7,00

Mzansi

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Mzansi is ideal for individuals who only perform a limited number of basic banking transactions. One of the key benefits of this account is that it has no monthly administration fee. This means that you are only charged when you use this account. A minimum balance of R10,00 is required to open the account; once the account is opened, no minimum balance applies. The maximum balance allowed on this account is R15 000.

Choose the pricing option that suits you best