Woolworths Qantas Platinum Credit Card

What do you want this card for?
Save money
Earn points
My monthly spend: 
$5,000
 
Offer
Card features
Rewards program
Earn rate
Sign up bonus
Points earned
Woolworths Qantas Platinum Credit Card
Apply by 30 jun 18
8 reviews
0% p.a. balance transfers for 14 months from card approval (reverts to variable cash advance rate).
Earn Qantas Points at 0.5 pts per $1 spent on eligible purchases.
Up to 55 days on purchases.
Add to comparison
Qantas Frequent Flyer
Qantas Frequent Flyer
0.5 pts
per $1 spent capped
-

Pros & cons

What's good?

What's not so good?

0% p.a. balance transfers for 14 months from card approval (reverts to variable cash advance rate).
Earn 1 Qantas Point for $1 spent at Woolworths and Woolworths Group stores in store and online.
Complimentary concierge service available 24/7.
Complimentary Overseas Travel, Interstate Flight Inconvenience, Transport Accident, Purchase Security, Extended Warranty and Wallet Guard Insurance.
Up to 55 days on purchases.
Visa payWave enabled.
Comes with Apple Pay.
Earn Qantas Points at 0.5 pts per $1 spent on all other eligible purchases.
After the balance transfers period ends, any unpaid amount will be subject to the 21.99% p.a. cash advance rate.

User reviews

3.9 out of 5.0 based on 8 reviews75% of reviewers would recommend this card

Rates and fees
Rewards
Customer service
Convenience
Trust

Reviews from users

Some great rewards for a low monthly fee

Reviewed and recommended by Steve on 04 Dec 2016

I really enjoy using this card. It gives us 55 days to pay and it’s accepted everywhere.

You earn some good points for Qantas and you will save at the petrol pump too. Woolworths throws in some great offers from time to time too, like 10%-15% off your first shop on weekends.

Great customer service

Reviewed and recommended by Iain on 16 Jul 2016

Really helpful and friendly customer service. Called to ask about merchant direct debits. They knew what I was talking about and advised what I had to do. Although the process is a bit rubbish, the experience was good and I would give them an 8 out of 10 for customer service.

Excellent credit card for frequent flyer points

Reviewed and recommended by Peter Hodges on 06 Sep 2014

Very good value for money, annual fee is $89 and you can very quickly accumulate Qantas frequent flyer points (1 per $1 spent and 1 for every $1 over $30 at Woolworths group stores). The only big area of improvement would be the frequency at which the transactions are updated on their online service. For instance, with my savings account, any transaction will show up instantly which makes it easy to track where your money has gone but with the Woolworths Qantas Credit Card sometimes transactions will not show up for 1 – 2 business days. Whilst it doesn’t sound like much if you make a bunch of transaction over the weekend you will have to wait until Wednesday of the following week before they start to show up in the online transactions. Otherwise, it’s a great card!

Happy with this card, but don't like annual fees

Reviewed and recommended by Carmel on 03 Jul 2016

I quite like the rewards on this card and the ease of use of the website. I like the fact I can make notes and categorise each purchase I make, which can really help at tax time.

The only thing I would like to see is a reduction in the annual fee and the ability to pay my credit card balance on the Woolworths card website, just the same as you can for AmEx.

Customer service is terrible

Reviewed and recommended by Ak on 12 Feb 2014

Too hard to deal with and get straight answers from them. They constantly pass you on when on the phone to them. No insurance offered. No high street branch where to can go and and talk to someone face to face. After our year is up, we’re changing credit card provider.

Excellence

Reviewed and recommended by Laurence on 01 Jul 2016

My credit card is excellent in every way. The monthly statements are presented well with the outstanding debt shown under “pending”, which is of inestimable help. Credit limits are fair and reasonable. All in all, this is an excellent product, especially with the Qantas points. The additional capacity to quickly BPAY the balance outstanding adds to the overall convenience and accuracy.

Seems to be devalued every year

Reviewed and not recommended by Eddie on 19 Jul 2016

Originally signed up when this card was $89/year, and have since seen the annual fee creep up to $139/year, and now its due to go up again to $169.

At the same time the Qantas points, which used to be uncapped at 1 point per dollar, have been reduced to 0.5 points per dollar for spend greater than $2500 per statement period (the first $2500 still earns 1:1). OK if you spend under $2500 a month, otherwise, not such great value.

Sign up bonuses also seem to have been reduced (used to be 16,000 Qantas points standard, and I actually signed up at 20,000 bonus points), and now they only seem to offer 10,000.

The Dine Play Stay program they offer with this card is OK, but the restaurants available are quite limited IMO.

Will be cancelling before my next annual fee is due.

Pleased with this card

Reviewed and not recommended by Sally on 03 Oct 2014

This card was recommended to me by a family member. It was very easy to get, the application process was easy and customer service was great. There is no additional fee for paper statements (this is important to me as I like to keep a hard copy and to have it as a prompt to make payment). Great rewards program! Often get to shop for “rewards” with my points.

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
Any
Gambling transactions allowed
No
Joint application
No
Minimum age
18 years old
Minimum income
$50,000
Minimum income for pensioners
"20
Pensioners
Rewards program
Qantas Frequent Flyer
Temporary residents
N/A

Cardholders

Additional cardholders
1
Additional card fee
$29 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
2.5%

Balance transfers

The offer

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

Balance transfers to this card

Balance transfer earns rewards
No
Balance transfer fee payment due
First statement
Balance transfer from personal loan
No
Balance transfer processing time
10 - 14 days
Interest free days with unpaid balance
0 days
Maximum balance transfer
100% except for $500 of credit limit
Available to existing customers
No

Banks you can't balance transfer from

You can't balance transfer to the Woolworths Qantas 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% except for $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 1.71% 20.49% p.a.

Fees

Annual fee
$99 p.a.
Annual fee 2nd year
$169 p.a.
Cash advance fee
3%
Dishonour fee
$10
Duplicate statement fee
$2.50
Foreign exchange fee
3%
Late payment fee
$35
Over limit fee
$30
Overseas ATM balance fee
N/A
Overseas ATM withdrawal fee
$2.50
Overseas emergency card replacement fee
$50
Transaction verification fee
$10

Rewards & points

Cool stuff you can get with your points

Disclaimer: Points required accurate as of the 31st March 2018.

Rewards program basics

First purchase bonus
N/A
Reward points expiry
No expiry as long as you keep your account active (earn or redeem points within a 18 month period)
Rewards program
Qantas Frequent Flyer
Sign up bonus
N/A
Spend required for bonus points
N/A

Earning points with this card

Frequent flyer points
0.5 pts per $1 spent
Overseas earn rate
Same as standard earn rate
Points cap per month
2,500
Points cap per year
30,000
Points earned on ATO payments
N/A
Reward points
0.5 pts per $1 spent

Additional benefits

Airport lounge access
N/A
Complimentary flight voucher
No
Concierge service
Yes

Benefits

This card comes with benefits worth an estimated $1,352

MiscEstimated value
Cashback or gift card for meeting spending conditions
$10 off Woolworths Online orders over $100. Assume 6 orders per year.
$60
Entertainment
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
Extended warranty
Valuation based on the assumption of making a $250 claim once every 5 years. There is no retail market for all-encompassing extended warranty insurance covering more than one item, so no premium saving.
$50
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
Travel
Interstate flight inconvenience insurance
Valuation based on similar domestic travel insurance policies available online that include interstate flight inconvenience.
$290
Overseas travel insurance
Valuation based on similar annual travel insurance policies available online for trips of up to 30 days.
$580
Rental vehicle excess cover (separate from travel insurance)
Valuation based on similar rental vehicle excess insurance policies available online.
$32
Transit accident insurance
Valuation based on similar global transit accident insurance policies available online.
$150
Total estimated value$1,352
Annual fee$99
Net customer value$1,253
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 $50,000 per year
You have your personal details ready to complete the online application
Have not applied for multiple credit cards recently
Joint applications are not allowed
Disability Pension, Veteran's Pension and Widower's Pension are acceptable.
Overseas Pension is not acceptable.
Austudy, Carer's Allowance, Child Support Payments, Family Tax Benefits and Parenting Payments and Youth Allowance are acceptable.
Foster Care Allowance is not acceptable.
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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