ABSA Private Bank Young Professionals

Below is the information on the ABSA Private Bank Young Professionals.

Get bespoke banking to suit your personality and profession. If you’re under the age of 35, in your final year of study or you have already acquired your degree, you could be eligible for our Private Banking for Young Professionals. Web chat with one of our experts and find out more.

Here’s what you need to know

Who qualifies?

Anyone who is under the age of 35, in their final year of study with a letter of appointment in their field of study; or have graduated and are employed or training for any of the following degrees.

#	Faculty	Types
1	Medical professionals	Medical doctors, dentists, pharmacists, optometrists, chiropractors, anaesthetists, vets, surgeons, etc.
2	Chartered accountancy	Chartered accountants
3	Actuarial sciences	Actuaries, statisticians, mathematicians, data scientist
4	Law	Advocates, attorneys, lawyers
5	Architecture	Architects
6	Engineering	All 4 year BScs, B.Tech, B.Eng; All engineering disciplines
7	Other	Aviation (commercial airplane trainee pilots); management consultants with either a masters or doctorate degree working in a professional service or consulting firm; BCom Honours in Business Science.

Access to credit

Credit card
- Preferential interest rates on straight or budget purchases
- No card monthly account or service fee
- Purchase on your credit card for up to 57 days interest free
Vehicle finance
- Prime less 1% on first new or used vehicle
Home loan
- Up to 100% loan to value for first time home buyers
Overdraft
- Preferential interest rate on overdraft amount used
Personal loan
- Preferential interest rate on loan amount

Day-to-day banking

Get access to a Private Banking account that offers you an all-inclusive transactional solution for a discounted monthly management fee.

Features and benefits include:
- Free online and mobile banking app
- Unlimited NotifyMe SMS or email notifications
- Unlimited Point of Sale card swipes (local)
- Free Absa and Saswitch ATM cash withdrawals (local)
- Free Absa ATM cash deposits
- Embedded Absa Rewards
Debit card with contactless tap and pay