Absa FlexiReserve

srothman

Expert Member
Joined
Mar 30, 2010
Messages
2,756
How does this work?

Do I just ring them up and say "Hello, Absa. Please give me x amount out of my FlexiReserve."?

I know you can withdraw additional funds from it, but does this affect your monthly repayments on your bond?

I've accumulated some funds over the term I've been paying, and I'm considering withdrawing some of these reserve funds to kill some of my other debt that has a higher interest rate.

Makes sense?
 
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