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Read about the Travel Club account

Whether you’re saving for that big family reunion trip, a getaway with friends, or a group tour you’ve all been dreaming about, the Absa Travel Club Account is a powerful way to make it happen—together.

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Travel Club

Last updated: May 28, 2025
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Interest rate

Earn up to 4.75%

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Access to funds

Payouts anywhere, anytime

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Opening Deposit

Opening deposit of R1,000.

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Monthly Fees

No monthly management fee

Tax Implications

The interest earned from a Travel Club Account is subject to tax unless it forms part of a registered tax-free product. Each member in the group is responsible for declaring their share of the interest earned when filing tax returns.

Read More

Read about the Travel Club account

Whether you’re saving for that big family reunion trip, a getaway with friends, or a group tour you’ve all been dreaming about, the Absa Travel Club Account is a powerful way to make it happen—together.

Read More

What you need to apply

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South African Citizens

  1. Opening deposit of R1,000
  2. IDs of elected group members (signatories)
  3. Proof of residence for each signatory
    (not older than three months)
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Non-South African Citizens

  1. Opening deposit of R1,000
  2. Valid Passports of elected group members (signatories)
  3. Proof of residence for each signatory
    (not older than three months)
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Ways to apply

You can apply now on Buti.co.za, or alternatively, visit the bank’s website to apply through their platforms.

Savings Calculator



Interest Earned: R0.00

Total Savings: R0.00

What you need to apply

badge

South African Citizens

  1. Opening deposit of R1,000
  2. IDs of elected group members (signatories)
  3. Proof of residence for each signatory
    (not older than three months)
public

Non-South African Citizens

  1. Opening deposit of R1,000
  2. Valid Passports of elected group members (signatories)
  3. Proof of residence for each signatory
    (not older than three months)
how_to_reg

Ways to apply

You can apply now on Buti.co.za, or alternatively, visit the bank’s website to apply through their platforms.