Absa Prime - 1%

Lebseven

Well-Known Member
Joined
Apr 10, 2019
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I qualify for Absa young professionals private banking which cost R285pm. They are offering prime less 1% on first new or used vehicles. Is it worth going private banking with Absa so that I can get the prime less 1%. Those already with absa what is your experience with them. I don't want to pay R285 and you find that lm paying exorbitant additional charges.
 
Last edited:
Prime less 1% is worth the 285ZAR pm. Unless you can get rates better than that elsewhere. Besides you should be able to easily make that 285 (and then some) back through their cash rewards program.
 
I qualify for Absa young professionals private banking which cost R285pm. They are offering prime less 1% on first new or used vehicles. Is it worth going private banking with Absa so that I can get the prime less 1%. Those already with absa what is your experience with them. I don't want to pay R285 and you find that lm paying exorbitant additional charges.

Does this apply to home loans as well? Wouldn’t mind banking with them if that’s the case.
 
Are you looking at the marketing material or are you actually being offered that?
 
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