I've had an ABSA student account since i started studying (2005) and have not had any issues with them. I pay R15 a month and that includes internet banking, sms notifications, pos transactions and atm withdrawals. If your planning on being a student for a long time like me (I didnt fail! Went B.Sc, M.Sc, Phd) then you should use ABSA as they are the only bank out of the big four that will let you have a student account if you are over 26. This is also helpful if you want to go study again when you are older.