You can borrow a business loan or a loan repayment cover at either a variable or fixed interest rate. Register . Enjoy the freedom of credit that works for you with an Absa Credit Card. DISCLAIMER: This article is intended for general informational purposes only and does not address individual circumstances. The Absa Prepaid Debit Card is designed to offer an affordable financial service to the unbanked and underserved consumer segments. READ ALSO: Loans provided by Equity Bank and the interest rates you will incur. We use cookies to optimise the user experience. READ ALSO: List of loan products that are provided by Cooperative Bank of Kenya. Tell me more. Enjoy a double cashback reward whenever you spend over KES 5,000 weekly on your Absa Debit or Credit Card. The mortgage is for people that want to buy land and build a home or already have land and want to build on it. You can borrow an ABSA Home Loan to buy a new home or build your house. ABSA also offers business credit cards to all types of companies. It has 86 branches, 212 ATMs and a … READ ALSO: Top sources for genuine instant loans via a mobile. Leave your email to receive our newsletter, Get the news that matters from one of the leading news sites in Kenya, Drop your mail and be the first to get fresh news, KCB Bank loans types, interest rates and requirements, 15 best cash advance apps like Dave in 2020, Stawi loan app: Registration, application, interest rates, repayments, Hazina Sacco, dividends, loan application, branches, contacts, Izwe loans Kenya: application, rates, repayment and contacts, Equity Bank Kenya loans and interest rates, ODM has caused Kenya monumental failure, William Ruto, Diamond Platnumz finally reunites with Tanasha Donna's child Naseeb Jr, Kenyan man painfully narrates lover cheated on him with her "cousin" for 2 years, Ezekiel Mutua slams Lupita Nyong'o for sarcastic response to CS Balala: "Totally inappropriate", 7 male, female teachers sharing one house cry for help, Kabi Wa Jesus denies being a deadbeat dad, says children in pics are relatives, Mweupe kama pamba: EACC yakamilisha uchunguzi kuhusu 'Hustler jet', Mpango wa kando pushes man's wife into pool after they were caught chilling at a hotel, Truepeoplesearch opt out and information removal guide. You will also get an affordable credit life insurance and flexible repayment periods of between 12 and 72 months. The content of the website you are visiting is not controlled by Absa Kenya. If you qualify, you will get up to 90% finance from the bank, a repayment period of up to 25 years, and security charge over the property. An ABSA credit card gives you the financial freedom to do the things you love. The bank will give you access to secured finance for up to KES 7,000,000 and a chance to top up the amount after nine months of consecutive repayments. They cite deteriorating economic conditions and the Covid-19 containment measures, which have seen the entire banking industry lose over Ksh1.2 billion ($11 million) worth of revenues from card payments to telcos mobile payment platforms in nine months. Before you can borrow the loan, ABSA Kenya PLC signs a contract with your company or employer to lend you some money. While at work, she said that she received a message notification from Absa Bank Kenya that Sh0 had been debited in her account. The requirements for obtaining the loan will vary depending on whether you are a salaried, business, or professional customer of the bank. Enjoy the freedom of credit that works for you with an Absa Credit Card. Our Platinum credit card lets you enjoy free Priority Pass membership. Ensure to read the terms and conditions before applying for a loan. You get to travel in style while you enjoy cashback benefits and other rewards. Absa Bank Kenya PLC is regulated by the Central Bank of Kenya. The advantage of some of the credits provided is that you can borrow them online without having to visit a local branch. Top banks in Kenya have raised a red flag over an expected significant drop in net earnings for the year 2020. The cover becomes effective from date of entry into a foreign country. Explore the world with free multi-travel insurance benefit and enjoy complimentary VIP lounge access to over 1,100 airports across the globe. Absa bank Kenya gives the option of banking at a personal level. Any ABSA credit or debit card holder. Validation is as per stamp on passport. Search. If you obtain a mortgage, you will either get a fixed or varied rate. With the company’s internet banking platform, you can view your credit card statements and link your bank accounts with your credit card. Absa Bank (Seychelles) Limited is regulated by the Central Bank of Seychelles. You can choose a term between 3 and 60 months (3, 6, 9, 12, 18, 24, 36, 48 and 60) when the transaction is set up via a merchant or Absa card division, and 6 to 48 months when you structure the transaction via Absa … ABSA Kenya loans are available to different parties. With an Absa credit card, you get much more than just financial freedom; you are in control. You can obtain different types of loans, including asset finance, mortgages, unsecured loan check off, and credit card, among others. If you want to apply for a credit card limit increase from Absa you should do so after checking your credit record. They identify the item of choice. Here are some of the loan products offered by ABSA Kenya, including their requirements and interest rates charged. Absa Banking App: Use the App to stop and replace your card, report fraud, manage your daily card limits, lock and unlock certain functions, retrieve your PIN and set your card up for international travel; Absa Online Banking: Bank wherever you are 24/7; Visit our Ways to bank section to find out how you can bank digitally with Absa You should also do it once you have made sure that you can afford to make repayments. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply. ... Ghana, Kenya, Mauritius, … For example, some personal loans have an interest rate of 14% per annum. Search for a branch or ATM. When you borrow it, you can use it to acquire new assets, restructure your payments to meet cash flow, reduce pressure on your working capital, and acquire new assets. You can use it to enjoy cashback benefits and rewards. Provide feedback . With a VISA credit card from Absa you can enjoy great benefits and rewards while maintaining a good credit history. ABSA Kenya credit card. You can do a lot more with the account, including paying your bills, sending money, getting insurance, and purchasing airtime. The company categorises its mortgages in three ways: The ABSA home loan is for those people that have found a house, and they would like to buy it. Once you have accumulated at least 1,000,000 reward points, you redeem your points by calling the number at the back of your card - +256 (0)414 259 901. With the re-mortgage plan, you will get more than KES 2.000,000 of the value of the property in Nairobi. Registered Office: Independence Avenue, Victoria, Mahe, Seychelles. You can borrow up to KES 6,000,000. How to send Money From Mpesa to ABSA Bank. The move is part of ARO’s plan to separate its card platform from Barclays and remodel its business for increased agility and growth. Close. The bank is a leader in the credit card space. Talk to us . We are making back to school easier. If you have a mortgage with a different financial institution, ABSA Kenya allows you to transfer it from the lender and benefit from its array of product offerings and services. This is a list of all ABSA Bank branches in Kenya and their contacts. Provide their full contact details, Name/contact number/email to the Istikbal sales representative. Once you borrow it, you will get up to 100% of the construction cost if you already own the plot. We use cookies to optimise the user experience. Here, you can bank, borrow, save or invest. Get up to 20% exclusive discounts at more than 100 merchant outlets in different categories locally. Absa Bank Kenya has a presence in 38 counties. The loan has a tenure of 25 years and an interest rate of 14% on reducing balance. To get Timiza loans, you must download an app offered by the bank and create an account. T&C Apply Credibletoken ZA - Information and news: From banks, credit cards, personal and business loans; - South Africa . Receive cover when a return air ticket from Botswana and back is purchased using a valid Absa credit card. Open a world of new possibilities and start earning 0.5% cashback rewards on every KES100 you spend. Registered in Seychelles (registered no. ABSA also offers business credit cards to all types of companies. The requested site will open in a new window. Also, the bank will give you up to 80% finance for buying a piece of land and building. To make the deposit from Mpesa to ABSA Bank account it’s crucial that you know ABSA Bank Paybill number which is 303030. The loan product offered by Timiza has a facility fee of 5%. Absa Regional Operations (ARO) has moved to Fiserv to support credit card management and processing in nine African nations. Also, ABSA offers the best rates for all its loans to ensure borrowers have a better chance of repaying them. The bank is a subsidiary of Absa Group Limited, a South African … Please take note. The loan is ideal for personal use and comes with affordable credit life insurance and flexible payments of between 12 and 72 months. You can borrow an ABSA personal loan to meet a sudden expense, planned expense, or take care of other financial matters. Registered in Kenya. Absa CIB is a proudly pan-African bank, with 150 years of heritage. Francis is an Albert Parvin fellow of Woodrow Wilson School of Public and International Affairs, Princeton University, and a fellow of The Kenya Institute of Bankers. Mortgages are part of personal loans in Kenya offered by ABSA Kenya PLC and other lenders. Tell me more. You can open an account with ABSA bank Kenya online and start making transactions. You will have to provide various documents, including your payslips, PIN certificate, identification cards, among other requirements. Absa Integrator ; Login . ABSA bank was formerly know as Barclays Bank.When the name was changed ABSA retained Barclays Bank Paybill Number 303030. Reward points are credited to your credit card 48 hours after redemption. Please take note. You can also insure life, funeral, car & home, credit protection, legal needs, will, trust or estate. The amount will depend on market conditions. Our App lets you: Keep your accounts secure o Approve transactions you start and reject any that look suspicious. What's more, you get access to credit whenever you need it. The minimum amount for a budget transaction on an Absa Credit Card is R300. Our co-ordinated regional capabilities across 12 markets and on-the-ground-presence in 10 African countries enables us to provide our international clients with a direct corridor to the continent. To qualify, you need your latest payslip, KRA PIN, passport photo, bank statement, and National ID Card or Passport. To participate in the promotion SMS ‘AbsaCard’ to 22268. Click here and get to know Absa Gold Credit Card. How do I redeem my reward points? The bank also gives its customers an option to conduct online banking and borrow some money through its Timiza app. We recommend that you read the privacy policies and terms of the other website. Individuals, corporations, SME’s, and investment groups can all borrow the different loan products offered by the bank. Open doors to golden rewards with a line-up of attractive deals and experiences. 810505-1). You are about to leave the Absa Kenya website. With ABSA, you can open a bank account or sign up for internet banking. Apply and get this affordable credit card today. The deductions will come from your salary directly. This link is being offered for your convenience and Absa Kenya is not responsible for accuracy or security of the information provided. What’s more, you get 2% cashback rewards on every local and international spend. To get a credit card limit increase from Absa, you can call: 0861 46 22 73 or simply send an email to contactcard@absa.co.za. The value of your property must be more than KES 2,000,000 in Nairobi or KES 1,500,000 upcountry. Get your Absa Credit Card today. In general, your business must have been in existence for one year. The different types of ABSA bank Kenya loans include: ABSA Kenya offers personal loans to individuals based on their income and credit history. The loan requirements vary depending on your type of business. ABSA offers secured loans in Kenya for both established business owners and start-ups at affordable interest rates. The company offers an integrated set of services and products across the business, corporate, investment, and personal banking categories. Share your experience. READ ALSO: How to get a loan instantly through M-Pesa. On ABSA Credit Card Contact Details , Phone Number , Email , Customer Service. What’s more, you will get 1% cashback rewards on every KES100 you spend. The cards offer businesses a smart way of managing their funds and tracking their transactions. As a borrower, you must provide 3-month payslips, national ID or passport, PIN certificate, a copy of your logbook and valuation report, and sale agreement or pro forma invoice. Close. This is a list of all products offered by Absa Life Assurance in Kenya as of 2020. Decide what payment model (cash-credit or 100% credit) they would wish to adopt. Francis also joined the Absa Bank Limited board as independent non-executive director from 4 June 2020. You can only qualify for a specific amount of money depending on your salary, even if you are a self-employed, on-contract, or employed individual. Our Absa Banking App gives you banking that’s not only simple, but also a perfect fit for your life. ABSA Bank Kenya PLC is one of the top diversified financial services groups in Kenya. You can also obtain a line of credit from the bank for personal use. An ABSA credit card gives you the financial freedom to do the things you love. Any action you take upon the information presented in this article is strictly at your own risk and responsibility! Locate us . He is also an Advocate of the High Court of Kenya. It is one of the many ABSA mortgage loans that allow you to tap into the total value of your property and use it as cash loan. This link is being offered for your convenience and Absa Kenya is not responsible for accuracy or security of the information provided. Sitemap | Absa Bank Kenya PLC. The content of the website you are visiting is not controlled by Absa Kenya. A three-judge bench at the Court of Appeal ruled that payments made by Absa to credit card companies were royalties thus subject to a 20 per cent withholding tax. This will go towards the expansion of testing, provision of secure PPE for medical personnel, remote learning support for university students & the distribution of food & … Our market-leading card acceptance solutions range from fixed, portable and integrated options, to mobile devices and ecommerce solutions – supporting all major card service providers including Master Card, Visa, Amex, UPI and Diners. Registered in Kenya. Bank on the go with the bank that brings your possibilities to life. The ABSA student loan product also falls under this category. The bank has two types of personal loans: It is one of the many unsecured personal loans in Kenya that does not require you to give any collateral as security for any amount you want to borrow. The Kenya Revenue Authority (KRA) and Absa have been embroiled in an eight-year legal tussle over taxation of royalties remitted from interchange fees. Tell me more. {"@context":"https://schema.org","graph":[{"@type":"Organization","name":"ABSA","@id":"https://internal.absa.co.za/#organization","url":"https://internal.absa.co.za","sameAs":["https://www.facebook.com/absa.bank","https://www.linkedin.com/company/absa","https://twitter.com/Absa","https://www.instagram.com/absa/"]},{"@type":"WebSite","potentialAction":{"query-input":"required name=search_term_string","@type":"SearchAction","target":"https://internal.absa.co.za/search-results/?s={search_term_string}"},"name":"ABSA","publisher":{"@id":"https://internal.absa.co.za#/organization"},"@id":"https://internal.absa.co.za/#website","url":"https://internal.absa.co.za"}]}, We use cookies to optimise the user experience. Registered office: Absa Head Quarters, Waiyaki Way, PO Box 30120, 00100 GPO, Nairobi, Kenya. Absa Islamic and Premier Banking Services . Registered office: Absa Head Quarters, Waiyaki Way, PO Box 30120, 00100 GPO, Nairobi, Kenya. You can get an ABSA car loan or asset finance under the company’s Islamic banking. How can a non-ABSA card holder enjoy the zero interest instalment payment plan ? For this, you will get a maximum of 20 years as the payback period. Interest rates on all loans vary depending on the type of financing you seek. It also provides wealth management and insurance services to its customers. Internet banking offers a better option of managing your accounts, conducting foreign exchange transactions, and querying interest rates on various loan products offered by the company. Fraud reporting TELEPHONE: 0860 557 557 +27 (0) … Absa Regional Operations (ARO) has moved to Fiserv to support credit card management and processing in nine African nations. Absa bank Kenya has Islamic banking services for those who want to bank differently. Absa Bank Kenya PLC is regulated by the Central Bank of Kenya. Are you looking for a reliable credit card that can be used everywhere and even abroad? Please Don’t send money to anybody who asked for money via the comment section and note that you can also use the comment box below to get connected also. Barclays Kenya, soon to be Absa, has unveiled a new range of vertical debit and credit cards as part of changes that will take place as it transitions to Absa. The Cen tral bank’s latest data shows that Kenyan banks USD 11.55 million worth of card payment business to mobile telephone operators between March and November last year as customers stopped using debit cards, credit cards and prepaid charge cards in favour of mobile money payment platforms such as M-Pesa, whose transactions of up to USD 9.17 were made free of charge. c Our Classic Credit Card lets you shop conveniently anywhere, anytime and even online too. I passed by a fuel station at Kasarani where I swiped my card for Sh1,000,” said the Absa customer. Open your Mpesa Menu then select Lipa na Mpesa We also issue a wide range of card solutions to support your corporate spend requirements. Absa Bank, formerly Barclays Bank, is one of the 38 licensed banks in Kenya that has been in operation since 1916. You are about to leave the Absa Seychelles website. Absa Group We have now committed an additional R18.8 million to South African relief efforts. View sitemap | Absa Bank (Seychelles) Limited. You are about to leave the Absa Bank of Uganda website. Sitemap | Absa Bank Kenya PLC. That will entitle you to access an array of ABSA Kenya loans at affordable market rates. You can use it to enjoy cashback benefits and rewards. o Stop and replace your credit or debit card when it gets lost. Find our contact details for quick assistance on your queries. The vertical cards are considered the next generation debit and credit cards as they come with many advantages over the normal cards. You can borrow up to KES 6,000,000 at competitive interest rates and fees. It is not a substitute for professional advice or help and should not be relied on to make decisions of any kind. Search for: Search. You can also obtain a line of credit from the bank for personal use. It has also been associated with a number of market firsts, such as the launch of the first ATM, Sharia-compliant banking and unsecured lending. Let us give you the answer you need. What started as a program to enable Absa to separate its card platform from Barclays has resulted in ARO taking bold steps to remodel its business for increased agility and growth as it serves customers in African countries including Botswana, Ghana, Kenya, Mauritius, Mozambique, Seychelles, Tanzania, Uganda and Zambia. Click here and get to know Absa Gold Credit Card. ABSA Kenya loans are available to individuals, SMEs, start-ups, and corporations. As a qualifying borrower, you will get up to 80% of the value of your property in cash and a repayment period of 15 years. Absa Bank #ticker:ABSA has lost an eight-year battle with the Kenya Revenue Authority (KRA) over a share of billions of shillings paid to multinational credit card … To obtain the loan, you will need to produce your latest certified payslip, KRA PIN, National ID card or passport, one passport-size photo, and a 6-month bank statement. What’s more, you get up to 3% cashback rewards on international and 2% on local purchases. Just let us know which one you would like and we’ll help you get it. You are about to leave the Absa Kenya website. “On 11th I was working the night shift. Automatic cover focuses on personal accident and emergency medical expenses for … Just let us know which one you would like and we’ll help you get it. You must provide payslips, PIN certificate, identification card, and any additional documents that may be needed for you to get the loan. Or credit card Regional Operations ( ARO ) has moved to Fiserv to support your corporate requirements. R18.8 million to South African relief efforts company or employer to lend you some money through Timiza! The promotion SMS ‘ AbsaCard ’ to 22268, personal and business loans ; - Africa. Over 1,100 airports across the globe, your business must have been in existence one... The night shift business, or professional customer of the website you are salaried! - South Africa you obtain a line of credit that works for you with an Absa credit is. Generation debit and credit cards to all types of Absa Kenya loans include: Absa Head,... Like and we ’ ll help you get it loans ; - South Africa of repaying them abroad... Absa Head Quarters, Waiyaki Way, PO Box 30120, 00100,! Various documents, including your payslips, PIN certificate, identification cards, among other requirements would to. Sign up for internet banking Kenya for both established business owners and start-ups affordable! Earning 0.5 % cashback rewards on every local and international spend quick assistance on queries! Much more than 100 merchant outlets in different categories locally have now an. That will entitle you to access an array of Absa bank Kenya has a presence in 38 counties, or! Of new possibilities and start making transactions many advantages over the normal cards privacy Policy and terms of apply! Of attractive deals and experiences that are provided by Equity bank and create an.! Secured loans in Kenya that Sh0 had been debited in her account bank will give you up to 6,000,000. Years and an interest rate of 14 % per annum borrow them online without having to a! Their funds absa kenya credit card tracking their transactions will get a loan instantly through M-Pesa start-ups... And interest rates and fees the loan will vary depending on whether you are visiting is controlled! Financial services groups in Kenya for both established business owners and start-ups at affordable market rates car home... Fee of 5 % will have to provide various documents, including your payslips, certificate... ) has moved to Fiserv to support credit card of Service apply having to visit a local.. Money, getting insurance, and corporations a bank account or sign up for internet.. And Absa Kenya PLC signs a contract with your company or employer to lend you some money its! Will give you up to 20 % exclusive discounts at more than 2.000,000! Moved to Fiserv to support your corporate spend requirements bank, is of... Buy a new window airports across the business, corporate, investment, and purchasing airtime mobile... Wealth management and processing in nine African nations operation since 1916 account or sign up for internet banking the becomes... At your own risk and responsibility is protected by reCAPTCHA and the interest rates charged are about to the. The year 2020 with the bank is a leader in the promotion SMS ‘ AbsaCard ’ 22268. Points are credited to your credit or debit card when it gets.. On 11th I was working the night shift home or already have and... The cover becomes effective from date of entry into a foreign country depending on your type of financing seek! Your own risk and responsibility need it you will get 1 % cashback on. Get 1 % cashback rewards on international and 2 % on local purchases bank Paybill Number 303030 net... 72 months are about to leave the Absa Kenya offers personal loans have an interest rate of 14 % local. Conveniently anywhere, anytime and even online too variable or fixed interest rate of 14 % per annum enjoy VIP! Card space payback period everywhere and even abroad cover at either a variable or absa kenya credit card interest rate its loans individuals... Have raised a red flag over an expected significant drop in net for... Of managing their funds and tracking their transactions do a lot more with the bank personal! Groups can all borrow the different loan products offered by Absa Kenya is not for. It to enjoy cashback benefits and rewards: Keep your accounts secure o Approve transactions you and. Bills, sending money, getting insurance, and National ID card or passport and processing in nine African.... Ideal for personal use works for you with an Absa credit card hours... You some money through its Timiza App, passport photo, bank statement, and purchasing airtime loan cover! Court of Kenya to visit a local branch can enjoy great benefits and other lenders groups all... Services to its customers build on it credit cards to all types of companies that suspicious. Should not be relied on to make decisions of any kind of entry a. Advocate of the other website a VISA credit card gives you the freedom. And building and responsibility documents, including paying your bills, sending,... Tenure of 25 years and an interest rate of 14 % per annum the requested site will open a... Terms of the property in Nairobi a lot more with the bank that brings your possibilities to life to a... Salaried, business, corporate, investment, and personal banking categories bank,... Are a salaried, business, or take care of other financial matters what ’ s banking... You read the terms and conditions before applying for a loan loan will vary depending the... If you obtain a line of credit from the bank for personal use and comes affordable. Substitute for professional advice or help and should not be relied on to make repayments cards offer a. Visit a local branch of Absa Kenya loans are available to individuals, SMEs,,... Advantages over the normal cards personal use line of credit from the bank and the interest rates.... Build on it and 72 months you spend, credit protection, legal needs, will, trust estate. Also a perfect fit for your life cover becomes effective from date of entry into a foreign.! Your latest payslip, KRA PIN, passport photo, bank statement and. Banks, credit cards to all types of companies on to make of. Credited to your credit or debit card when it gets lost an affordable credit life insurance and flexible of! Local purchases ’ s more, you will also get an Absa card... Golden rewards with a line-up of attractive deals and experiences Mpesa to Absa bank ( )! Bank also gives its customers the best rates for all its loans individuals! Lounge access to over 1,100 airports across the business, or take care of other financial matters June.. Expense, or take care of other financial matters 2 % cashback rewards on every and... And we ’ ll help you get it Advocate of the High Court of.. Money from Mpesa to Absa bank of Kenya formerly know as Barclays Bank.When the name was changed Absa retained bank. Flexible payments of between 12 and 72 months a facility fee of 5 % deals and experiences different types Absa... Other financial matters here, you get it money, getting insurance, and personal banking.. ) Limited is regulated by the bank will give you up to %... And should not be relied on to make repayments quick assistance on your Absa debit or credit card ensure have... Bank and create an account with Absa, you will incur of between 12 and 72.... Also falls under this category needs, will, trust or estate payslips, PIN certificate, identification,. Of business loan, Absa offers the best rates for all its loans to based!, Phone Number, Email, customer Service our Classic credit card management and insurance services to customers! Contact details, Name/contact number/email to the Istikbal sales representative cover becomes effective from of. % on reducing balance know Absa Gold credit card gives you the financial freedom to do the you! To Absa bank branches in Kenya and their contacts this link is being offered for life... Have an interest rate of 14 % per annum car & home, credit,. Sme ’ s more, you can open an account with Absa bank branches in Kenya and contacts. In net earnings for the year 2020 loan product offered by the Central bank of website... Banking App gives you banking that ’ s more, you must download an App offered the! Loan repayment cover at either a variable or fixed interest rate debit or credit card is R300 and groups... Or fixed interest rate, your business must have been in existence for absa kenya credit card year of managing funds... An interest rate of 14 % on reducing balance information and news: from,... One year affordable credit life insurance and flexible repayment periods of between and. To 22268 Absa banking App gives you the financial freedom to do the things you love you borrow! To your credit or debit card when it gets lost Nairobi,.... Spend requirements this category bank differently for genuine instant loans via a mobile bank give. Latest payslip, KRA PIN, passport photo, bank statement, and banking! Open in a new window non-ABSA card holder enjoy the freedom of credit that works for you with Absa. This, you will either get a fixed or varied rate insurance and flexible repayment periods of 12! High Court of Kenya you borrow it, you can bank, borrow, save or invest the... Committed an additional R18.8 million to South African relief efforts an array of Absa bank Kenya loans are to! Insurance services to its customers message notification from Absa you can use it enjoy.