Tài liệu 2012 Pricing Guide Options to suit every pocket doc

2012 Pricing Guide Options to suit every pocket Contents Page Fast guide to what you need How transactions fees work 1 5 pricing options at a glance 1 Standard Fee 1 Value Bundles™ Fee 1 Rebate Banking 1 Management Fee 1 EasyFee 1 Basic Transactional Accounts 2 Absa Prepaid Debit Card 3 Absa Mzansi 4 Absa Transact 5 Full Service Transactional Accounts 6 Absa Mega U 7 Absa Flexi Account 8 Current Accounts 9 Absa Current Account, Silver, Gold, Platinum, Student Silver and Prosperity 10 Absa Value Bundles™ 11 Student – Absa Student Silver 12 Graduate – Absa Potentiate 14 Seniors – Absa Prosperity 16 Savings and Investments 18 Absa MoneyBuilder 19 Absa Investment Advantage 20 Absa Money Market Fund 21 Absa Club Account 22 Credit Cards 23 Absa Credit Card (Electronic, Silver, Gold, Platinum), Absa Affinity Card, Garage Card and Secondary Cards 24 Home Loans 25 International Banking 27 Internet, Cellphone and Telephone Banking 29 Islamic Banking 31 Islamic Savings and Youth 32 Islamic Cheque 33 Off-sale Products 36 ActiveSave 37 Standard Fee 38 Package Fee 39 Rebate Banking 40 Management Fee and EasyFee 41 Frequently Asked Questions 42 Disclaimer: Fees quoted in this brochure are valid from 1 August 2012. Fees are inclusive of 14% VAT and are subject to change. Absa Bank is entitled, immediately and without notice, for each product or service offered to individual clients, to change the fees and costs to fees and costs that apply to the same and similar business products and services offered to business clients if there is no proof that an individual product or service is used for business purposes, or used in any way that is not allowed by the product terms or rules. This may also results in clients having to pay for additional fees and costs, or even the termination of the product or service. E&OE Fast guide to what you need Go to pages 9-11 Go to pages 18-22 Go to pages 6-8 Go to pages 2-5 Go to page 1 I need a Home Loan – tell me more International Banking – money solutions for travelling or sending money to other countries Islamic Banking – Shari’ah compliant banking options Off-sale Products – banking options no longer available to new clients Go to pages 23-24 Go to pages 25-26 Go to pages 27-28 Go to pages 29-30 Go to pages 31-35 Go to pages 36-41 I need to understand how transaction fees work Go to page 1 I want to know more about pricing options I only need a basic, low-cost transactional account where I only pay fees when I transact – Basic Banking I need a full-service transactional account with access to all of Absa’s channels, e.g. Internet Banking – Full Service Banking Internet, Cellphone and Telephone Banking – easier than you think Go to pages 12-17 Frequently Asked Questions (FAQ) Go to pages 42-43 Customised life-stage accounts for Students, Graduates and Seniors I need more information on Savings and Investments I need a Credit Card – tell me more I need a full-service current account with access to credit facilities and a range of pricing options – Current Accounts 01 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 R1000,00. With a sliding scale fee, when you withdraw money from an Absa ATM on certain products, you pay a base fee for the transaction itself plus a fee based on the value of the transaction. An example is a R3,85 base fee for the transaction plus a R1,10 fee per R100,00 withdrawn, which means a R500,00 cash withdrawal will cost you R9,35 (R3,85 + 5 x R1,10). 5 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. Standard Fee This is the Pay As You Transact pricing option, where you are charged a Standard Fee for every transaction you make. 2. Value Bundles™ Fee You pay an affordable, fixed monthly fee for as little as R79,00 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 penalty fee. 02 Basic Transactional Accounts TIP: Choose the right product that gives you what you need and suits your budget, so you don’t pay for benefits you never use or need. A Basic Transactional Account is ideal if you only need to perform basic transactions such as Purchases and withdrawals. The fees on these accounts are simple to understand and are priced very affordably. 03 Mzansi Transact Prepaid Debit Card Transaction Type Fee Monthly Fees Once-off Card Fee R30,00 Monthly Administration Fee (1) No charge 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% Cash Withdrawals Branch Counter No charge Absa ATM No charge Point-of-Sale (POS) No charge Absa-supported ATM No charge Saswitch ATM No charge Overseas ATM/POS N/A Post Office Terminal No charge Purchases Prepaid Top-up at Absa ATM or POS No charge POS – Local No charge POS – Overseas N/A Account Payments and Funds Transfers Account Payment N/A Debit and Stop Orders • Internal • External N/A N/A Funds Transfers N/A CashSend TM (Absa ATM) No charge Absa Prepaid Debit Card The Absa Prepaid Debit Card is one of the easiest and most affordable ways to bank, without the risk of carrying cash. There are no transaction fees when you pay for goods and services, just a nominal fee to deposit money into your account. 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. Transaction Type Fee Balance Enquiries Branch Counter No charge Absa ATM No charge Absa-supported ATM No charge Saswitch ATM No charge POS No charge Post Office Terminal No charge Statement Fees Branch Counter Full Statement No charge Absa ATM Ministatement No charge Absa CAT Terminal Full Statement No charge Mailed Statement N/A eStatement N/A Administration Fees Bank Cheque N/A Reissue Card Fee (3) R30,00 Special Clearance No charge Debit Card Replacement Fee R55,00 Other Fees Notification Fee (SMS or E-mail) No charge 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 Returned Cheque Deposit No charge Restrictions: · No access to Internet, Cellphone or Telephone Banking. · No Debit/Stop Orders or Bill/Beneficiary Payments. · No mailed statements or eStatements. · The Absa Prepaid Debit Card cannot be linked to other accounts in a client’s portfolio. 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 Absa Prepaid Debit Card Account will attract a fee of 2,5% of the value of the deposit amount, i.e. R2,50 for R100,00. 3. When a client requests a new card to replace the expired card, a reissue card fee will be charged. 04 Mzansi Transact Prepaid Debit Card 1. Mzansi Account holders are allowed 5 credit transactions and 5 debit transactions per month at the above transaction fees. Clients who exceed these limits (from the 6th and subsequent debit or credit transactions) will incur a fee of R10,00 per transaction in addition to the normal transaction fee. 2. The first cash deposit per month to the account is free of charge. Standard charges apply to subsequent credits to the account. Transaction Type Fee Balance Enquiries Branch Counter R2,45 Absa ATM (first 2 free pm) R1,00 Absa-supported ATM R1,00 Saswitch ATM R1,00 POS R1,00 Post Office Terminal R2,45 Telephone: (0860 MZANSI / 0860 692 674) R1,80 Statement Fees Branch Counter Full Statement R2,50 Absa ATM Ministatement R1,00 Absa CAT Terminal Full Statement R2,50 Mailed Statement N/A eStatement N/A Administration Fees Bank Cheque R65,00 Stop Payment Instruction (Debit Order/Bank Cheque) R30,00 Special Clearance R65,00 Debit Card Replacement Fee R55,00 Other Fees Notification Fee (SMS or E-mail) R0,50 Dishonoured/Returned Payment (first 1 free pm) R5,00 Declined Fee (Insufficient Funds) • Absa ATM • Absa-supported ATM • Saswitch ATM • POS • Post Office Terminal No charge No charge No charge No charge No charge Returned Cheque Deposit R65,00 Transaction Type Fee Monthly Fees Monthly Administration Fee No charge Deposits Cheque Deposit: Branch Counter R11,00 Cheque Deposit: Absa ATM No charge Cash Deposit: Branch Counter (2) R12,50 Cash Deposit: Absa ATM (2) R4,85 Cash Withdrawals Branch Counter R12,50 Absa ATM R4,85 Point-of-Sale (POS) R3,85 Absa-supported ATM R4,85 Saswitch ATM R4,85 Overseas ATM/POS N/A Post Office Terminal R12,50 Purchases Prepaid Top-up at Absa ATM or POS No charge POS – Local R2,00 POS – Overseas N/A Account Payments and Funds Transfers Account Payments • Absa ATM • Branch Counter R5,25 R27,00 Debit and Stop Orders • Internal Debit Orders • External Debit Orders • Stop Orders R3,85 R5,25 No charge Funds Transfers • Absa ATM • Branch Counter R3,85 R27,00 CashSend TM (Absa ATM) R8,70 Absa Mzansi (1) Absa 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. 05 Mzansi Transact Prepaid Debit Card New from Absa 1. A monthly administration fee of R25,00 will be levied to the account should the deposits/ credits during the month be less than R2 000. 2. A convenience premium of R6,00 is included in the above tariff when withdrawing from an Saswitch ATM or a Post Office Terminal. 3. Clients can register for eStatements by logging on to Absa Internet Banking and clicking on the ‘Portfolio’ menu bar and then on ‘eStatements’, or via Telephone Banking or by sending their request to estatementregistration@absa.co.za Transaction Type Fee Monthly Fees Monthly Administration Fee (1) No charge Monthly Subscription Fees – Cellphone and Telephone Banking No charge Deposits Cheque Deposit: Branch Counter R11,00 Cheque Deposit: Absa ATM No charge Cash Deposit: Branch Counter R4,85 + R1,15/R100 Cash Deposit: Absa ATM R1,10 per R100 (or part thereof) Cash Withdrawals Branch Counter R27,00 + R1,15/R100 Absa ATM R3,85 Point-of-Sale (POS) R1,00 Absa-supported ATM R3,85 Saswitch ATM (2) R9,85 + R1,10/R100 Overseas ATM/POS R45,00 Post Office Terminal (2) R9,85 + R1,10/R100 Purchases Prepaid Top-up at Absa ATM or POS No charge POS – Local No charge POS – Overseas R9,75 + R0,75/R100 (max. R45,00) Account Payments and Funds Transfers Account Payment • Absa ATM and Cellphone • Branch Counter R2,85 R27,00 Debit and Stop Orders • Debit Orders • Stop Orders R2,85 No charge Funds Transfers • Absa ATM and Cellphone • Branch Counter R2,85 R27,00 CashSend TM (Absa ATM) R7,70 + R1,10/R100 Absa Transact If you’re looking for a basic transactional account that gives you all the everyday banking convenience you need and none of the extras you don’t, Absa Transact is for you. Restrictions: · Restricted to individuals. · Only Cellphone Banking allowed. · A client may have only one Absa Transact Account. · To qualify for this account, you may not hold any other type of transactional Account with Absa. · POS transactions and ATM withdrawals are each limited to R2 000 per day. Features: · A card-based account that provides access to the largest ATM network in the country and the convenience of 24/7 access to your money. · No minimum opening balance or minimal balance is required. · With the exception of Internet Banking, this product allows for full electronic banking functionality including Cellphone Banking, Telephone Banking and Absa ATMs. · Qualifying clients can apply via an Absa ATM for Absa’s ATM loans. Transaction Type Fee Balance Enquiries Branch Counter R2,45 Absa ATM and Cellphone No charge Absa-supported ATM No charge Saswitch ATM R3,35 POS No charge Post Office Terminal R2,95 Statement Fees Branch Counter Full Statement R8,00 Absa ATM Ministatement R2,00 Absa CAT Terminal Full Statement R3,50 Mailed Statement R8,00 eStatement (3) No charge Copies of Statements (per Statement) • Less than 4 months old • 4 months or older R12,50 R32,00 Administration Fees Bank Cheque R65,00 Stop Payment Instruction (Debit Order/Bank Cheque) R30,00 Special Clearance R65,00 Debit Card Replacement Fee R55,00 Other Fees Notification Fee (SMS or E-mail) R0,50 Dishonoured/Returned Payment No charge Declined Fee (Insufficient Funds) • Absa ATM • Absa-supported ATM • Saswitch ATM • POS No charge No charge No charge No charge Returned Cheque Deposit No charge • Post Office Terminal No charge Full-service Transactional Accounts 06 A Full-Service Transactional Account offers you access to branch and all self-service channels such as Internet, Cellphone and Telephone Banking, and ATMs. There are no restrictions on the number or type of transactions you can perform and you are only charged for those transactions you perform. TIP: A Full-Service Transactional Account is ideal for you if you require the convenience and versatility of the widest range of services and banking channels. 07 Mega U Flexi Account 2. Clients can register for eStatements by logging on to Absa Internet Banking and clicking on the ‘Portfolio’ menu bar and then on ‘eStatements’, or via Telephone Banking or by sending their request to estatementregistration@absa.co.za 1. A convenience premium of R3,00 or R6,00 is included in the above tariff when withdrawing from either an Absa-supported or Saswitch ATM/Post Office Terminal. Transaction Type Fee Balance Enquiries Branch Counter R2,45 Absa ATM No charge Absa-supported ATM R2,95 Saswitch ATM R3,35 POS R1,00 Post Office Terminal R2,95 Statement Fees Branch Counter Full Statement R8,00 Absa ATM Ministatement R1,00 Absa CAT Terminal Full Statement R3,50 Mailed Statement R8,00 eStatement (2) No charge Copies of Statements (per Statement) • Less than 4 months old • 4 months or older R12,50 R32,00 Administration Fees Bank Cheque R65,00 Stop Payment Instruction (Debit Order/Bank Cheque) R30,00 Special Clearance R65,00 Debit Card Replacement Fee R55,00 Other Fees Notification Fee (SMS or E-mail) No charge Dishonoured/Returned Payment R5,00 Declined Fee (Insufficient Funds) • Absa ATM • Absa-supported ATM • Saswitch ATM • POS • Post Office Terminal R2,50 R3,00 R4,00 R2,00 R4,00 Returned Cheque Deposit R65,00 Absa Mega U The Absa 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 this account. With Absa Mega U you have the benefit of free Debit Card purchases, free airtime top-ups, free SMS and e-mail notifications, free Absa ATM balance enquiries and no monthly fee to deplete your hard- earned cash. Youth clients who bank smartly can bank free of charge. Transaction Type Fee Monthly Fees Monthly Administration Fee No charge Deposits Cheque Deposit: Branch Counter R11,00 Cheque Deposit: Absa ATM No charge Cash Deposit: Branch Counter No charge if deposit is less than R500. R4,85 + R1,15/R100 of full deposit if deposit is greater than or equal to R500 Cash Deposit: Absa ATM First R500 at no charge, thereafter R1,10 per R100 Cash Withdrawals Branch Counter R27,00 + R1,15/R100 Absa ATM R3,85 Point-of-Sale (POS) R3,85 Absa-supported ATM (1) R6,85 Saswitch ATM (1) R9,85 Overseas ATM/POS R45,00 Post Office Terminal (1) R9,85 Purchases Prepaid Top-up at Absa ATM or POS No charge POS – Local No charge POS – Overseas R45,00 Account Payments and Funds Transfers Account Payments • Absa ATM • Branch Counter R7,15 R27,00 Debit and Stop Orders • Internal Debit Orders • External Debit Orders • Stop Orders R3,85 R7,15 No charge Funds Transfers • Absa ATM • Branch Counter R3,85 R27,00 CashSend TM (Absa ATM) R7,70 [...]... their request to estatementregistration@absa.co.za 09 Current Accounts Opening a Current Account is your first step towards building a solid credit history With an Absa Current Account you can choose to take up an overdraft facility and you have access to a range of pricing options to best suit your unique needs You have access to all our channels through which you can perform your day -to- day banking,... for you There are two pricing options Standard Fee Value Bundle™ Fee TIP: Aside from the convenient everyday banking facilities offered, Absa Current Accounts are a great way to start building a positive credit history Standard Fee 10 Absa Current Account, Silver, Gold, Platinum, Student Silver, Potentiate™ and Prosperity Standard Fee With the Standard fee or Pay-As-You-Transact pricing option, you... to bank while you are a student For as little as R16,00 per month, all your day -to- day banking needs are taken care of An Absa 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 Choose the fee structure that’s best for you There are two pricing options. .. Standard Fee as reflected in the Standard Fee pricing table 16 Seniors The Absa 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 per month of day -to- day banking transactions free of charge As... 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 available funds 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... Standard Fee pricing table) 1 Spousal discount will come into effect from 1 June 2012 Spouse or life partner will qualify for a 50% discount on their Monthly Service Fees Terms and conditions apply 2 Clients can register for eStatements by logging on to Absa Internet Banking and clicking on the ‘Portfolio’ menu bar and then on ‘eStatements’, or via Telephone Banking or by sending their request to estatementregistration@absa.co.za... As your Home Loan Account offers the lowest interest rates, it makes sense to consolidate all of your debt into your Home Loan Account to take advantage of the savings you could achieve 26 TRANSACTION TYPE FEE Initiation Fees All Loans 10% of the loan amount with a maximum of R5 000 + VAT Agreements entered into after 1 March 2012: (1) Monthly Service Fees MyHome Clients(2) R34,20 All Other Agreements... Subscription Fees Prepaid Top-up Purchases Bill and Beneficiary Payments Immediate Interbank Payments CashSend™ Transactions Funds Transfers Archived Statements Notice of Payments and Reminders • SMS • E-mail • Fax Internet Banking MyNotifications • SMS • E-mail Stop Payments Stop Order Establishment/ Amendment Fee N/A 1 Transaction History requests via e-mail or fax will be charged in addition to this fee 31... Islamic Cheque Account This is an everyday transactional account that offers a full range of banking solutions and services You are able to access and manage your money anytime, anywhere, while complying with Shari’ah Law With an Absa Islamic Cheque Account, you’ll be able to manage your everyday banking needs, from making withdrawals, deposits, transfers and payments to requesting balances and statements... R1,10/R100 Stop Payment Instruction Saswitch ATM R9,85 + R1,10/R100 Stop Order Establishment/ Amendment (1) Overseas ATM/POS R45,00 Purchases Prepaid Top-up at Absa ATM or POS No charge POS – Local POS – Overseas R3,85 R9,75 + R0,75/R100 (max R45,00) Account Payments and Funds Transfers Account Payments • Absa ATM • Branch Counter Debit and Stop Orders • Internal Debit Orders • External Debit Orders • Stop . 2012 Pricing Guide Options to suit every pocket Contents Page Fast guide to what you need How transactions fees work 1 5 pricing options at. new clients Go to pages 23-24 Go to pages 25-26 Go to pages 27-28 Go to pages 29-30 Go to pages 31-35 Go to pages 36-41 I need to understand how