Woolworths Everyday Platinum Credit Card

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Woolworths Everyday Platinum Credit Card
Apply by 30 jun 18
27 reviews
10% off your first shop at Woolworths on selected dates – Saving you up to $50 every month.
$0 annual fee for the first year, saving you $49 p.a.
Get a $50 Woolworths eGift Card when you apply by 30th June and make an eligible purchase by 31st July.
Add to comparison
14 months
0% p.a.
then 21.99%
19.99% p.a.
1st year
then $49

Pros & cons

What's good?

What's not so good?

Get a $50 Woolworths eGift Card when you apply by 30th June and make an eligible purchase by 31st July.
10% off your first shop at Woolworths on selected dates – Saving you up to $50 every month.
$0 annual fee for the first year, saving you $49 p.a.
0% p.a. on balance transfers for 14 months from card approval. Reverts to the standard variable cash advance rate currently 21.99% p.a.
Up to 55 days on purchases if your account is paid in full by the due date shown each month.
Earn points that are automatically converted into shopping cards every 4 months.
Earn 3 points per $1 spent on Woolworths Select and Woolworths brand range of products.
Earn 2 points per $1 spent on purchases at Woolworths, Dan Murphy’s, Cellarmasters, BWS, and BIG W.
Earn a base rate of 1 pt per $1 spent on eligible transactions everywhere Visa is accepted.
Interest rate of 19.99% p.a. on purchases is quite high.
Rewards are automatically redeemed every four months which may be restrictive or inconvenient.

Our review

Our review of the Woolworths Everyday Platinum Credit CardReviewed by Yvonne Taylor

Woolworths wants to make sure the loyalty of their customers is trusted on, by offering them a low-cost credit card with lots of useful benefits, especially if they use it to buy Woolworths-branded products at Woolworths group stores. It’s called the Woolworths Everyday Platinum Credit Card. It sounds like a good deal for both parties, but it warrants investigating a little more closely, to make sure you are getting the value you expected.

Low annual fee

There’s no denying the annual fee – $0 for the first year and $49 thereafter – is good value when compared with many other cards. There’s a $9 charge per additional cardholder, again $0 in the first year.

Long interest-free balance transfer period

Fourteen months at 0% p.a. (reverting to the cash advance rate of 21.99% thereafter) is not as long as that being offered by a few other cards (up to 24 months) but it does top the six months obtainable with Coles credit cards. So it probably achieves its purpose of tempting Coles customers to transfer not only their balance but their shopping habits as well.

The ongoing interest rate for purchases is 19.99% p.a. (identical to Coles), with an interest-free period of up to 55 days.

Rigid rewards scheme

Make no mistake: the purpose of this rewards scheme is to make you shop at Woollies. You earn more points (Woolworths Shopping Card Rewards) by shopping at Woolworths group retailers and buying Woolworths branded products, and you can redeem your points for – wait for it – shopping cards to spend at Woolworths group retailers only.

Here’s how it works:

  • 1 point per $1 for purchases from retailers not in the Woolworths group
  • 2 points per $1 for purchases from retailers in the Woolworths group, including online
  • 3 points per $1 for buying Woolworths or Woolworths Select (i.e. their own brand) products at Woolworths.

The Woolworths group companies (where you will earn 2.0 points per dollar) are Woolworths supermarkets, Big W, Dan Murphy’s, Cellarmasters, Woolworths branded Caltex service stations, and BWS (including online stores where available).

Credit card rewards points come in addition to standard Woolworths Rewards points

Most regular Woolworths shoppers will be aware that they can already earn Woolworths rewards points on their supermarket, BWS and Woolworths Caltex purchases, whichever payment method or card they use. So by using your Woolworths credit card you’ll earn points twice on each purchase at those Woolworths group retailers: once with your Woolworths Rewards card and once with your Woolworths credit card.

For added convenience, your Woolworths credit card doubles as your Woolworths Rewards card, with your Woolworths Rewards membership barcode printed on the back of your credit card. You will need to remember to scan your membership barcode before you complete your purchase by paying with your credit card.

Calculating the value of the rewards points

Woolworths will convert your points into shopping cards once every four months at the rate of $20 per 4,000 points.

So, supposing you used your card exclusively at Woolworths group stores, you’d need to spend $2,000 to get 4,000 points redeemable for a $20 discount, an effective loyalty discount of 1%. Most cardholders are likely to have a mixture of 1, 2 and (probably minimal) 3-point spending, resulting in an effective discount of a lot less than 1%.

There’s no monthly points earning cap with this card, so every dollar you spend on eligible purchases will earn points.

Convert Woolworths Rewards points to Qantas Frequent Flyer points

As a Woolworths Rewards member, you’ll be given the option to automatically convert your Woolworths Rewards points to Qantas Frequent Flyer points every three months. The current conversion rate is 2,000 Woolworths points = 870 QFF points.

$50 Woolworths eGift card currently on offer

For a limited time you can qualify for a $50 gift card to spend at Woolworths, the equivalent of first-purchase bonus points available with other types of rewards cards. The pleasing difference is that there’s no spending target to be met. Just apply for your new card and make an eligible purchase of any amount with your card (even at Coles) by the offer end date.

Other cardholder benefits

The rather uninspiring value of Woolworths Rewards points is fortunately offset by a long list of other benefits available to cardholders:

  • 10% discount off your shop once every month, on selected weekend dates advised to cardholders by email. (Maximum purchase amount $500.)
  • 10% discount on a range of Woolworths brand insurances: car, home, pet, landlord and travel insurance.
  • Complimentary purchase protection insurance: cover against theft or damage for items purchased with the card, for 90 days after purchase. (Excess $250 per claim.)
  • Complimentary Wallet Guard insurance, granting a lump sum payment of up to $500 to replace cash, valuable documents and personal effects if you are the victim of a violent theft of your wallet.
  • Visa concierge service. It’s a Visa Platinum card, giving you access to the Visa concierge for restaurant, travel and entertainment recommendations and bookings.
  • Complimentary Visa Luxury Hotel Collection membership, including room upgrade, late checkout, complimentary continental breakfast, $25 food or beverage voucher and free in-room internet.

Once again, some of these benefits are linked to Woolworths group companies, but there’s no denying there are substantial savings to be made if you direct your spending their way.

Competing cards

Wherever Woolworths goes, Coles will follow, and vice versa. If you’re a Coles regular you’re more likely to be interested in the Coles Rewards MasterCard (2.0 flybuys points per $1 spent). Since 2,000 flybuys ($1,000 spent) will get you $10 discount off your Coles shopping, this is more or less the same discount rate as Woolworths are offering. But the main difference is that the Coles card gives you 2.0 flybuys points per dollar wherever you shop, not just at Coles group companies. However, the annual fee for the Coles card is $99, more than twice as much as the ongoing fee for the Woolworths card.

A card best for…

There’s no doubt that the Woolworths Everyday Platinum Credit Card is going to appeal to people who already do most of their grocery shopping at Woolworths, Big W, BWS and Dan Murphy’s, collecting Woolworths or Qantas points and in some cases Caltex fuel discount vouchers. The credit card even doubles as a Woolworths Rewards card, meaning there’s one less card to carry in your wallet. But are there enough benefits to seduce Coles diehards? Only they can decide.

User reviews

3.6 out of 5.0 based on 27 reviews89% of reviewers would recommend this card

Rates and fees
Customer service

Reviews from users

OK for getting rewards

Reviewed and recommended by Paul Mac on 19 Jun 2015

I don’t mind this card. I use it mainly to get the Everyday Rewards, which convert into Qantas points. My thoughts are I am gong to use it anyway, so I might as well get something on the backend. I pay it down every month so get the 55 days interest free, but still don’t like the annual fee.

May change to a Coles MasterCard as this gets you flybuys and has no annual fee. Total 3 out of 5 overall for me.

Woolworths everyday money

Reviewed and recommended by Helena on 03 Jul 2016

I have this card because it came with an interest-free period. I do really like the Woolworths gift cards that are mailed out 3 times a year with the amount based on a percentage of your total spend.

I am not happy with the $49 annual fee, though, as it seems excessive for a card with no added benefits like travel insurance, etc. I think I will keep it because of the simplicity of the rewards.

Good rewards with gift cards

Reviewed and recommended by Susan on 13 Jul 2016

The rewards program with this card is very simple. Earn points and they automatically send you a gift card every four months to use in Woolworths stores. The fees are ordinary but much better than many rewards cards. We use this card because it gives us more in rewards than I pay in fees. Online banking is a bit clunky, but the phone app is pretty good. We haven’t had much to do with customer service.

Ok if you never need to change anything.

Reviewed and recommended by Chris on 08 Aug 2013

Overall this credit card is alright. I found the fees to be high, however the rewards are good if you use it consistently. This shouldn’t be too hard to do either, with Woolworths having such a huge presence, you will find ample opportunity to reward points. The main issue i had was in regards to customer service should you ever need to reschedule a payment. Everyone hopes they will not have to, though when you do you hope that the provider will be reasonable. I was able to reschedule the payment, although I found the customer representative to be very pushy. Despite the fact that I had given ample notice of that the payment would be slightly delayed, I still incurred the late payment fee. This is something that i have not had trouble with when dealing with other providers. I also found it frustrating that they followed up my call with another asking a further 20 questions as to the reasons for the delay, this had already been discussed. The representative was again very pushy.

Great value and more secure than cash

Reviewed and recommended by Tom on 09 Sep 2014

I got this card initially for myself travelling overseas and buying online. Cannot complain. You will need to follow the regular procedure of proving identification, but you can do this at most Woolies stores and reload the card with cash in store or online. This card is really good and is great with PayPass.

Convenient, easy to use

Reviewed and recommended by Steve on 20 Sep 2016

All rewards and offers from Woolworths are applied to the card, as are petrol vouchers. So there’s no need to carry around scraps of paper receipts, as I have to do with my Coles card.

I used it overseas without problems and it was accepted throughout every country in Europe we visited.

There is an annual fee, however the rewards for using the card easily outweigh the annual cost for us. Highly recommended.

Poor rewards, high fees

Reviewed and not recommended by Sarah on 27 Jul 2016

I have a Woolworths credit card I have been trying to pay off for three years. They rope you in with high fees, poor response times to queries and false ideas about “reward points”. This essentially means that if you buy groceries on your Woolworths credit card, you will earn points that will be posted to you twice a year (after the customer rings five times because the card never arrives on time, if at all if you don’t chase them for it). You have to spend 10 times the dollar amount to receive points per transaction. Which I worked out means you essentially pay for your groceries on a Woolworths credit card, then pay interest each month. Plus there are extraordinary account fees and they will send you a $10-$20 'voucher” for spending triple that amount in the first place. My advice? PAY CASH!

Savings and rewards are a big help

Reviewed and recommended by Julie on 02 Aug 2016

When using my card know I have secure spending and I get great rewards for using my card shopping at Woolworths. I am a little more than happy to see my card is getting value while i have a peace of mind. Online my card is protected, allowing me to shop at sites and have PayPal to help prevent fraud.

Easy approval process

Reviewed and recommended by tabatha on 20 Sep 2016

This credit card has helped me out with bills so many times. It was easy to set up and i was approved for this card when i had been knocked back by other credit card companies. I have now had this card for five years and don’t need any other cards.

Good rewards and sign-up bonus

Reviewed and recommended by Steve on 21 Aug 2016

Great if you use and pay off regularly, as it offers great points. Use it every day for your shopping fuel, etc, then pay off each month to maximise your points reward, There are good sign-up bonuses as well.

I recommend it for easy application — apply at your supermarket.

Interest rates are not the best. If after a low rate, look elsewhere for a better bargain

Show 17 more reviews
Disclaimer: The opinions expressed about credit cards are the reviewer's alone, and do not reflect the views of Credit Card Compare or the credit card issuer. Reviews have not been approved or otherwise endorsed by Credit Card Compare.

The basics

About this card

Card setup
Card tier
Card type
Card use
Credit rating
Gambling transactions allowed
Joint application
Minimum age
18 years old
Minimum income
Minimum income for pensioners
Same as standard
Rewards program
Shopping card points
Temporary residents


Additional cardholders
Additional card fee
$9 p.a.

Credit limits

Minimum credit limit
Maximum credit limit


Interest charged from
Purchase date
Interest free period
Up to 55 days on purchases
Minimum repayment
Greater of $50 or 2.5%

Balance transfers

The offer

Interest ratePeriodFeeLimitRevert rate
Balance transfers0% p.a.14 months0%100% less $500 of credit limit21.99% p.a.

Balance transfers to this card

Balance transfer earns rewards
Balance transfer fee payment due
Balance transfer from personal loan
Balance transfer processing time
Up to 5 business days
Interest free days with unpaid balance
0 days
Maximum balance transfer
100% less $500 of credit limit
Available to existing customers

Banks you can't balance transfer from

You can't balance transfer to the Woolworths Everyday Platinum Credit Card at the promotional balance transfer rate from:

  • Woolworths

Rates & fees

Promotional interest rates

Interest ratePeriodFeeLimitRevert rate
Balance transfers0% p.a.14 months0%100% less $500 of credit limit 21.99% p.a.
PurchasesN/AN/AN/AN/A N/A

Ongoing interest rates

Cash advances 1.83% 21.99% p.a.
Purchases 1.67% 19.99% p.a.


Annual fee
$0 p.a.
Annual fee 2nd year
$49 p.a.
Cash advance fee
Greater of $5 or 3%
Dishonour fee
Duplicate statement fee
Foreign exchange fee
Late payment fee
Over limit fee
Overseas ATM balance fee
Overseas ATM withdrawal fee
$5 or 3% whichever is greater
Overseas emergency card replacement fee
Transaction verification fee

Rewards & points

Rewards program basics

First purchase bonus
Reward points expiry
Rewards program
Shopping card points
Sign up bonus
Spend required for bonus points

Earning points with this card

Frequent flyer points
Overseas earn rate
Same as standard earn rate
Points cap per month
Points cap per year
Points earned on ATO payments
Reward points
1 pt per $1 spent

Additional benefits

Airport lounge access
Complimentary flight voucher
Concierge service

Minimum criteria for this card

What you need before applying

Be over 18 years old
You are a resident or citizen of Australia
Earn a regular income of more than $30,000 per year
Have a good credit history
You have your personal details ready to complete the online application
Have not applied for multiple credit cards recently
Joint applications are not allowed
Disclaimer: The minimum criteria are intended only to be a guide. Your application may still be rejected by the bank even if you can answer 'Yes' to all the minimum criteria. The final decision regarding your application is up to the bank.

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