Woolworths Everyday Platinum Credit Card

My rate: 
17%
 
My annual fee: 
$90
 
Transfer: 
$5,000
 
From: 
All banks
  • Only
  • Only
  • Only
  • Only
  • Only
  • Only
  • Only
  • Only
  • Only
  • Only
  • Only
  • Only
  • Only
  • Only
  • Only
  • Only
  • Only
  • Only
  • Only
  • Only
Offer
Card features
balance transfer
purchase rate
annual fee
Money saved
Woolworths Everyday Platinum Credit Card
Apply by 31 jan 18
27 reviews
Get a $50 Woolworths eGift Card when you apply by 31st Jan and make an eligible purchase by 28th Feb.
$0 annual fee for the first year, saving you $49 p.a.
0% p.a. on balance transfers for 14 months and then 21.99% p.a.
Add to comparison
14 months
0% p.a.
then 21.99%
19.99% p.a.
ongoing
$0
1st year
then $49

Pros & cons

What's good?

What's not so good?

Get a $50 Woolworths eGift Card when you apply by 31st Jan and make an eligible purchase by 28th Feb.
$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.
10% off your first shop at Woolworths on selected dates each month.
Up to 55 days on purchases if your account is paid in full by the due date shown each month.
You won’t be held responsible for fraudulent charges or unauthorised purchases made with the Visa Zero Liability Policy.
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.

$50 Woolworths eGift Card offer is available to new primary cardholders only who apply for a Woolworths Everyday Platinum Credit Card between 12:01am AEDT 15 October 2017 and 11:59pm AEDT 31 January 2018, are approved and make an eligible purchase on their Woolworths Everyday Credit Card by 11:59pm AEDT 28 February 2018. Your $50 Woolworths eGift Card will be sent to the email address provided at the time of applying for a Woolworths Everyday Platinum Credit Card and sent within 8 weeks of the eligible purchase, provided that you are not in breach of your credit card Conditions of Use and your credit card account remains open. Eligible purchases exclude balance transfers, cash advances, cash substitutes and transactions for gambling purposes.

The 0% p.a. interest rate applies only to balances transferred with this offer for the first fourteen months from the date your account is approved and then reverts to the standard variable interest rate for cash advances, which is currently 21.99% p.a. Interest rates are subject to change and Card Services credit criteria. Minimum repayments are required. For further details, click here

10% discount offer applies to existing Woolworths Credit Card holders who make a purchase (i) at any Woolworths supermarket between 12:01am (AEDT) of the selected Saturday and 11:59pm (AEDT) of the selected Sunday for that month; or (ii) online at woolworths.com.au between 12:01am (AEDT) of the selected Friday and 11:59pm (AEDT) of the selected Sunday for that month (“the Offer Period”). Cardholders will be notified via email prior to commencement of the Offer Period. Cardholders must not be in breach of the credit card Conditions of Use to be eligible for this offer. Offer is limited to one transaction per customer, up to a value of $500 in a single transaction. To receive the 10% discount in store, cardholders must scan the barcode on the back of the credit card and pay for their purchase with their Woolworths Credit Card during the Offer Period. To receive the 10% discount online, cardholders must place an order online during the Offer Period, enter their Woolworths Rewards number at the online checkout at woolworths.com.au, pay with their Woolworths Credit Card and spend $30 or more for Pick up orders or $50 or more for Home Delivery orders. This offer excludes purchases of liquor, smoking/tobacco products, newspapers, any vouchers, Woolworths Services, delivery charges and Delivery Saver items, gift cards, egift cards, mobile recharge, travel cards and tickets. This offer is not available in Tasmania. Woolworths reserves the right to cancel or amend this offer at any time without notice. Woolworths is responsible for all representations made regarding this offer. For online orders see woolworths.com.au for available delivery areas and full terms and conditions.

Points are subject to the Woolworths Shopping Card Rewards Program Terms and Conditions. 3 points earned for every $1 spent on Woolworths Select and Woolworths brand range of products purchased in-store at Woolworths Supermarkets. 2 points earned for every $1 spent on products purchased at Woolworths Supermarkets, BIG W, CALTEXWOOLWORTHS co-branded fuel outlets, BWS, Dan Murphys and Cellarmasters. 1 point earned for every $1 spent on other eligible purchases. Points are not earned on cash advances, balance transfers or other restricted transactions detailed in the Woolworths Shopping Card Rewards Program Terms and Conditions. Every 4 months, points are automatically converted to a Woolworths Shopping Card redeemable at participating Woolworths Group stores. Participating stores may change from time to time. The Shopping Card expires 90 days after date of issue and is currently not accepted at DVD vending machines, mobile EFTPOS terminals and some CALTEXWOOLWORTHS co-branded fuel outlets. Minimum of 4,000 points is required to receive a $20 Shopping Card.

After the first year, the annual Primary Cardholder fee will be $49 and a $9 annual fee for each Additional Card. The $0 annual fee offer expires 31 January 2018.

Card Services is a division of Macquarie Bank Limited (ABN 46 008 583 542, Australian Credit Licence 237502) which provides and administers credit and is the issuer of the Woolworths Credit Cards. Approval is subject to credit criteria. Terms, conditions, fees, charges and interest rates apply and are subject to change. No member of the Macquarie Group accepts any liability for reliance on the information contained in this communication other than in relation to products or services provided by Macquarie.

User reviews

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

Rates and fees
Rewards
Customer service
Convenience
Trust

Reviews from users

Money saver, great app

Reviewed and recommended by Rosie on 16 Sep 2016

This card had a really good interest-free balance transfer offer. It was easy to apply for and I received the card quickly once approved. The staff are always helpful and polite when I ring to sort out any concerns I have.

There is an app available that allows easy access to current balance and allows viewing of spending, latest payments and statements.

Great rewards points and easy to use

Reviewed and recommended by Nadeem Uddin on 21 Aug 2013

I think I chose this card mainly for its great reward system and is better then any other card in that regards. You get to spend money and get points you can use to travel, what more can one ask from a company:) great job guys. However though i was a little disappointed with how long the card took to get to me… almost a month which is relatively long compared to any other bank.

Great all-in one-Woolworths money and rewards card

Reviewed and recommended by N on 20 Jul 2016

The Woolworths Money Rewards credit card is a great combination card for your weekly payment for groceries, petrol and bills. I like the convenience of having an all-in-one card for the petrol discount, rewards points for Woolworths, and automatic cash back/voucher sent to you when you have reached the rewards points target.

Difficult to use online banking, generally OK

Reviewed and recommended by Catherine on 28 Sep 2013

Would prefer a credit card that has access with local/bank access for discussion on product and difficulties. Hard to use online for Internet banking to look up account details. Generally OK with card, but at present the rates are a little high and will be looking to change when paid out.

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.

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.

Handy gift card rewards

Reviewed and recommended by Helena on 22 Sep 2016

This card has a low annual fee which is not great, but it gives three times yearly gift card rewards, which are really handy.

It would be nice to have the option to make my monthly payment by cheque at the supermarket, but they will not accept it as a form of payment.

Good rewards if you shop at Woolworths

Reviewed and recommended by Anthony on 14 Jul 2016

Its not a bad card and the rewards are good if you use Woolworths. The rewards are that you effectively get 1% off at Woolworths (including Big W) and a further 0.5% on certain products. Non-Woolworths purchases get 0.5% discount.

This card is only an option if you will pay off your balance in full every month. The penalties for non-payment and incomplete payment are severe.

Good for Woolies customers

Reviewed and recommended by Shane on 04 Dec 2016

If your weekly spend is mostly at Woolworths companies, then this card is worthwhile. There’s a good website and the mobile app is very good and can track egiftcard balances, which you can easily buy at 5%+ discount through cashback sites. So all in all, for a $49 annual fee it is quite rewarding for relatively low spending people.

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.

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
Single
Card tier
Platinum
Card type
Visa
Card use
Personal
Credit rating
Good
Gambling transactions allowed
Yes
Joint application
No
Minimum age
18 years old
Minimum income
$30,000
Minimum income for pensioners
$30,000
Pensioners
Yes
Rewards program
Woolworths Shopping Cards
Temporary residents
N/A

Cardholders

Additional cardholders
4
Additional card fee
$9 p.a.

Credit limits

Minimum credit limit
$6,000
Maximum credit limit
N/A

Repayments

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 monthsN/A100% less $500 of credit limit21.99% p.a.

Balance transfers to this card

Balance transfer earns rewards
No
Balance transfer fee payment due
N/A
Balance transfer from personal loan
No
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
N/A

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 monthsN/A100% less $500 of credit limit 21.99% p.a.
PurchasesN/AN/AN/AN/A N/A

Ongoing interest rates

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

Fees

Annual fee
$0 p.a.
Annual fee 2nd year
$49 p.a.
Cash advance fee
Greater of $5 or 3%
Dishonour fee
$10
Duplicate statement fee
$7
Foreign exchange fee
3%
Late payment fee
$35
Over limit fee
$30
Overseas ATM balance fee
N/A
Overseas ATM withdrawal fee
$5 or 3% whichever is greater
Overseas emergency card replacement fee
N/A
Transaction verification fee
N/A

Rewards & points

Rewards program basics

Reward points expiry
Rewards program
Woolworths Shopping Cards
Sign up bonus
N/A
Spend required for bonus points
N/A

Earning points with this card

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

Additional benefits

Airport lounge access
No
Complimentary flight voucher
No
Concierge service
Yes

Benefits

This card comes with benefits worth an estimated $190

EntertainmentEstimated value
Free wine at restaurants or discounts at restaurants
Cardholders are enrolled into Woolworths DinePlayStay, which gives discount on hotel rack rates. Assumes 20% discount ($25 max.) from a long list of partner restaurants based on 6 visits per year and spending $125+ each time.
$150
Shopping
Purchase protection
Valuation based on the assumption of making a $200 claim once every 5 years. There is no retail market for this type of insurance, so no premium saving.
$40
Total estimated value$190
Annual fee$0
Net customer value$190
Disclaimer: Details of who, what, and where coverage applies to, as well as its duration and any coverage limitations will be listed in the credit card insurance product disclosure statement (PDS) on the card issuer's website. The names/labels of complimentary insurance products may differ from one issuer to another. Terms and conditions apply. Always check the insurance PDS when considering a financial product. Accurate as of 31st October 2015.

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 pointers 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.

Similar cards

More cards like this one

This card is listed in these comparisons

as seen in
Compare these cards: