Absa Bank Mauritius review
Updated September 28, 2026 · SumCue Editorial Team · Facts checked September 26, 2026
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Our verdict
Absa Bank Mauritius is an easy-access savings option for people who want their money reachable at any hour, with a MUR 0 minimum deposit and a variable rate. Founded in 1919 and run by Absa Bank (Mauritius) Limited, it pairs the savings account with a rewards credit card and personal lending.
Key facts
- Best for
- Mauritius residents who want instant access to savings alongside cards and personal loans from one bank.
- Rate type
- Variable↗
- Minimum deposit
- MUR 0↗
- Access terms
- 24-hour access to savings through debit card or ATM; interest calculated daily and payable every 6 months; monthly operating balance of Rs5,000 to earn interest from Rs10,000↗
- Account kind
- Easy access↗
- Legal entity
- Absa Bank (Mauritius) Limited↗
- Headquarters
- Mauritius↗
- Founded
- 1919↗
- Support channels
- Email, Phone, Help-centre↗
- Official website
- absabank.mu
Credit cards
Debit cards
- Card type
- Debit↗
Facts checked September 26, 2026, 6 sources
Apps and profiles
- Get the app
- App StoreGoogle Play
- Elsewhere
- LinkedInfacebook.comyoutube.com
Pros and cons
Pros
- Savings are reachable around the clock through a debit card or ATM, and interest is calculated daily and paid on a set cycle.
- The minimum deposit is MUR 0, so the account can be opened without tying up money upfront.
- The rate is variable, which fits savers who expect to move money in and out rather than lock it away.
- Support runs through email, phone and help centre, and the same bank offers a credit card with airport lounge access and travel insurance.
Cons
- A monthly operating balance has to be maintained to earn interest, so idle balances can earn nothing.
- The rate is variable rather than fixed, so the return can move with the bank's pricing.
- The premier account carries an annual fee of MUR 230, which is above the €0 typical of the accounts on this list.
Who it suits
- Mauritius residents who want instant access to their savings rather than a fixed term.
- People who bank with the same institution for a credit card and personal loans.
- Savers who can keep a monthly operating balance in the account to earn interest.
Who should look elsewhere
- People who want a fixed rate locked in, since the account runs at a variable rate.
- Anyone who would leave a balance untouched for long, because interest depends on a monthly operating balance.
- Finteres, Starling Personal Account Debit Card and eToro suit savers who want a different account structure to compare against this one.
How Absa Bank Mauritius compares
9.6 vs 8.0
9.6 vs 9.4
9.6 vs 9.4
9.6 vs 8.5
9.6 vs 9.4
9.6 vs 8.7
9.6 vs 8.9
9.6 vs 9.2eToro pays interest on balances from $1 to $10,000, a different market from a bank savings account.
9.6 vs 8.7
9.6 vs 9.3
9.6 vs 9.0
9.6 vs 9.0
9.6 vs 9.0- 9.6 vs 8.0
9.6 vs 9.0
9.6 vs 8.6
9.6 vs 8.3
9.6 vs 9.5
9.6 vs 9.4
9.6 vs 9.3
9.6 vs 9.3
9.6 vs 9.3
9.6 vs 9.3
9.6 vs 9.3
9.6 vs 9.3
9.6 vs 9.2
9.6 vs 9.2
9.6 vs 9.2
9.6 vs 9.0
9.6 vs 9.0
9.6 vs 9.0
9.6 vs 9.0
9.6 vs 9.0
9.6 vs 8.9
9.6 vs 8.9
9.6 vs 8.9- 9.6 vs 8.9
9.6 vs 8.9
9.6 vs 8.8
9.6 vs 8.7
9.6 vs 8.5
9.6 vs 8.5
9.6 vs 8.5
9.6 vs 8.5
9.6 vs 8.5
9.6 vs 8.4- 9.6 vs 8.0
9.6 vs 9.0
Where Absa Bank Mauritius is available
- Available
- Mauritius
- Licence in Mauritius
- Bank of Mauritius, checked September 26, 2026
- Licence in Mauritius
- Financial Services Commission (AI12000440 - IK16000002- CS20000017- CV12000005), checked September 26, 2026
Countries from the brand (Source, checked September 26, 2026)
Frequently asked questions
What is the minimum deposit to open this savings account?+
The minimum deposit is MUR 0, so the instant savings account can be opened without putting money in first. Interest then depends on holding a monthly operating balance, so a small starting balance will sit outside the interest terms.
How do I get at my money in the savings account?+
Savings are reachable around the clock through a debit card or ATM, and the account is classified as easy access. That suits anyone who needs cash quickly rather than locking funds away for a fixed term.
Is the interest rate fixed or variable?+
The rate is variable, so it can move with the bank's pricing rather than staying locked in for a term. Most accounts on this list are also variable, at 69.3% of the savings ranking.
How is the interest worked out and paid?+
Interest is calculated on a daily basis and paid out on a set cycle, rather than monthly. You need to keep a monthly operating balance in the account for interest to be earned on the balance.
What fees does the bank charge?+
The premier account carries an annual fee of MUR 230, which sits above the €0 median across the accounts on this list. Some accounts charge nothing, so the fee is worth weighing against what the account is used for.
Who regulates this bank?+
Absa Bank (Mauritius) Limited is authorised by the Financial Services Commission under licence AI12000440 - IK16000002- CS20000017- CV12000005, and the Bank of Mauritius also appears among the regulators listed for the country.
Can I use a card with the account?+
Yes. The bank issues a debit card and a credit card with airport lounge access and travel insurance. The savings account is billed at MUR 230 on the premier tariff, and the card sits alongside that account.
Does the bank lend money as well?+
Yes. It is a direct lender and its loan types cover personal, credit line and secured. That means borrowing can be arranged at the same bank that holds the savings account, which suits people who keep both in one place.
How do I contact the bank?+
Support runs through email, phone and help centre. Phone and email are both listed, and 80.2% of the savings ranking also list phone support, so help is easy to reach by phone.
Sources
- en.wikipedia.org/wiki/Absa_Bank_(Mauritius)_Limited checked September 26, 2026
Backs: Founded
“Founding Year: 1919”
- absabank.mu checked September 26, 2026
Backs: Card type, Headquarters, Legal entity, Licences
“free debit card for Personal Banking accounts”
- absabank.mu/content/dam/mauritius/absa/pdf/tariff-guide/p... checked September 26, 2026
Backs: Annual fee
“Annual fee Primary - Absa Card Classic: Rs 230 (VAT inclusive)”
- absabank.mu/en/personal/absa-visa-signature-credit-card checked September 26, 2026
Backs: Card kind, Features, Perks
“Change your story with an Absa Signature Credit Card”
- absabank.mu/en/personal/open-a-premier-account checked September 26, 2026
Backs: Lender type, Loan types
“Access to credit cards, overdrafts, secured and unsecured loans”
- absabank.mu/en/personal/open-an-instant-savings-account checked September 26, 2026
Backs: Access terms, Account kind, Minimum deposit, Rate type, Support channels
“24-hour access to your savings through your debit card or ATM; Interest is calculated daily and payable every 6 months (in June and December)”
Compiled from 6 source pages, checked September 26, 2026. We did not open an account.
Not confirmed yet: Headline rate, Term, Deposit protection.
Absa Bank Mauritius
Mauritius residents who want instant access to savings alongside cards and personal loans from one bank.