Read about the TruSave Savings account
If you’ve been meaning to start saving but don’t know where to begin, the Absa TruSave Account is a great place to start. It’s simple, flexible, and designed for everyday people who want to grow their money without overthinking it.
Read More
trending_up
Interest rate
Up to 6.35% with digital bonus.
bolt
Access to funds
Withdraw anytime, no restrictions.
calendar_today
Opening Deposit
Start with just R50.
monetization_on
Monthly Fees
No monthly fee, pay per transaction.
Tax Implications
Interest earned on your TruSave account is subject to tax. However, individuals qualify for an annual tax exemption on interest earned: R23,800 for individuals under 65 years old, and R34,500 for those 65 and older (as of the 2024/2025 tax year).
Read More
Read about the TruSave Savings account
If you’ve been meaning to start saving but don’t know where to begin, the Absa TruSave Account is a great place to start. It’s simple, flexible, and designed for everyday people who want to grow their money without overthinking it.
Read More
What you need to apply
- Opening deposit of R50
- Your South African ID
- Proof of residence
(not older than three months)
- Opening deposit of R50
- Valid Passport
- Proof of residence
(not older than three months)
- Work/Resident permit
You can apply now on Buti.co.za, or alternatively, visit the bank’s website to apply through their platforms.
