Compare credit cards from one of Australia’s largest supermarket chains and save money on your next grocery shop.
Woolworths is known as one of Australia’s largest and most frequented supermarket chains, serving over 18 million customers every week. The supermarket giant also offers a range of financial services and products through Woolworths Money, including credit cards.
The range of Woolworths credit cards are designed to offer value through rewards programs, exclusive offers and complimentary extras. They can also double as Woolworths Rewards loyalty cards, to offer more benefits when you shop at Woolworths Group stores. Here, we compare Woolworths credit cards and have a look at their different benefits and features. We also include details of how to apply for a Woolworths credit card and answer to frequently asked questions so that you can decide of one of these products is right for you.
Comparison of Woolworths Credit Cards
Rates last updated October 25th, 2016.
- Woolworths Money Qantas Platinum Credit Card
10,000 bonus Qantas Points + balance transfer offer have been extended until 31 January 2017.
October 1st, 2016
- Woolworths Money Everyday Platinum Credit Card
$50 Woolworths Dollars, BT & annual fee offers have been extended until 31 January 2017.
October 1st, 2016
Types of credit cards from Woolworths
Woolworths Money, the finance division of Woolworths, offer two different credit cards to suit Woolworths shoppers. The Qantas Platinum Credit Card is a direct-earn frequent flyer credit card offering Qantas Points for your spending, while the Woolworths Money Everyday Platinum Credit Card provides cash back in the form of Woolworths Money Shopping Cards. In addition to these credit options, Woolworths Money also provides a range of prepaid cards and gift cards.
Balance transfer credit cards
Woolworths offers extended balance transfer promotions, with 0% interest on balances transferred to a new Woolworths credit card at the time of your application. At the end of the introductory period, this 0% interest rate reverts to the standard variable interest rate for cash advances. Compare the offers in the table below and see how much money you can save with a new Woolworths credit card. Read our step-by-step guide to completing a balance transfer with Woolworths here.
Rewards platinum credit card
The Woolworths Money Everyday Platinum Credit Card is a platinum rewards card that earns Everyday Rewards Points. Every four months, these points are automatically converted to cash back in the form of a Woolworths Money Shopping Card. It also includes perks such as complimentary purchase security insurance and exclusive discounts at Woolworths Group retailers.
Rewards credit cards can be compared by their earn rate, the annual fee, the opportunity to earn bonus points and any special offers, like a balance transfer promotion. New cardholders also enjoy a bonus $50 Woolworths eGift Card when a new application is approved by 31 January 2017 and an eligible purchase is made on the Woolworths Money Credit Card by 28 February 2017.
Frequent flyer credit cards
The Woolworths Qantas Platinum Credit Card gives you a way to earn Qantas Frequent Flyer points on everyday purchases. This card offers 1 Qantas Point for every dollar spent for the first $2,500 within a statement cycle, and 0.5 points for every dollar spent after that. Other benefits include complimentary travel insurance, a concierge service and exclusive discounts at Woolworths Group retailers.
You can compare frequent flyer credit cards by their earn rate, annual fee, value-adding features, and also opportunities to earn bonus points. Promotions like a reduced annual fee or bonus frequent flyer points in the first year can sweeten the deal as well. Remember, you can also earn more Qantas Points per $1 spent when you link your Woolworths Rewards account with your Qantas Frequent Flyer account and opt to earn Qantas Points for your shopping at Woolworths.
Low rate and low fee credit cards
The Woolworths Staff Credit Union Credit Card is available to both Woolworths employees and all other eligible Australians. This card has a competitive rate on purchases and cash advances, but it could also be classified as a no annual fee credit card too.
Prepaid credit cards
Prepaid cards give you access to electronic payments while spending your own money. There are no credit checks, so compare these cards by any initial cost to own and charges to reload.
The benefits of banking with Woolworths
This loyalty program offers points for every $1 spent at participating Woolworths, BWS and Caltex Woolworths fuel outlets. You have the option of redeeming points for money off your shop at Woolworths or transferring them to your Qantas Frequent Flyer account. By linking your Everyday Rewards card with a Woolworths credit card, you can also score more Everyday Rewards Points when you make purchases.
Earn more Qantas Points when you spend
If you’re a member of Woolworths Rewards and choose to earn Qantas Points instead of Woolworths points, you’ll get 870 frequent flyer points for every 2,000 Woolworths points you work. Link the Woolworths Platinum Qantas Credit Card, and you can also rack up Qantas Points just by going about your daily shopping.
$50 Woolworths eGift Card
New cardholders receive a $50 Woolworths eGift Card when a new application is approved for the Woolworths Money Platinum Credit Card by 31 January 2017 and an eligible purchase is made on the Woolworths Money Credit Card by 28 February 2017.
Visa cards – contactless shopping and protection from fraud
Visa cards protect you from fraud when you shop online or over the counter, they let you make contactless transactions for purchases under $100 and they’re accepted in millions of shops and at ATMs all over the world.
Discounts and extras
Receive discounts and exclusive offers from brands such as Woolworths Online, Woolworths Money, Dine Play Stay, Cellarmasters, Wine Market, Thomas Dux and Hoyts Kiosk. Discover more discounts with our Woolworths coupon codes.
The Woolworths Money Platinum Credit Card offers benefits including Visa Luxury Hotel Collection Access, complimentary purchase insurance and Wallet Guard and a 24/7 Platinum concierge service. Meanwhile, with the Woolworths Money Qantas Platinum card, provides Visa Luxury Hotel Collection Access, a 24/7 Platinum concierge service and six complimentary insurance covers, including travel insurance.
How to apply for a Woolworths credit card
Follow the links on this page to start a secure online credit card application on the Woolworths website. The application will only take you 10 to 15 minutes to complete if you have the following information ready:
- Personal information. As well as some basic information about yourself, have your driver’s license handy. If you can’t meet the online verification requirements you may be required to verify your identity by providing 100 points of identification. If this is the case, Woolworths will contact you about their conditions.
- Income and employment details. You’ll need to input information about your income and employer. You may also be asked to provide proof of your income to Woolworths. For example, by sending them your most recent payslips.
- Balance transfer details. If you want to save money on credit card repayments with a balance transfer, you’ll need the credit card you want to transfer from close by when you apply for the Woolworths credit card. The application also requires you to list your ongoing expenses like rent or mortgage repayments, child support and your weekly food budget.
Frequently asked questions
Check these frequently asked questions about Woolworths credit cards. If you still can’t find an answer to your question below, get in touch with us by leaving a comment below.
What if I forget my PIN?
If you can’t remember the PIN that Woolworths Money has issued for your credit card, call the customer contact centre on 1300 10 1234. Note that you may be required to provide identification information to verify your account and card.
Is there instant approval for credit card applications?
Once you have completed your credit card application, Woolworths will provide you with a reference number and process your application within the next 10 business days. Woolworths may contact you if they require any further information regarding your application.
How do I check on my credit card application?
If you applied for a Woolworths credit card but didn’t hear anything about your application, call the Customer Service team on 1300 10 1234 and follow the prompts to speak to a representative. You may also want to check the junk folder in your email as it can sometimes get tagged as spam.
What happens if my application has been declined?
You’ll be informed in writing as well as by email if your credit card application is declined. <a href=”http://www.creditcardfinder.com.au/why-was-my-credit-card-application-declined.html” target=”_blank”>Credit card issuers are unable to tell you why an application has been rejected</a>, however, if it’s because of your credit file, you’ll be notified of this and directed to further information.
How do I transfer my card debt to a Woolworths card with a balance transfer?
You can elect to transfer your non-Woolworths credit card or store card debt to a Woolworths credit card when you apply for the account online.
- Balance transfers are accepted from other credit cards or store cards only
- You can transfer from up to two other credit cards or store cards
- The minimum amount you can transfer is $500 and the maximum amount is up to your available credit limit
If you’re approved for the account, once your receive and activate the card the balance transfer will be automatically processed by Woolworths.
For existing customers:
- Existing Woolworths account holders that want to transfer a balance from another credit card or store card will need to complete and send in a balance transfer request form. You can download this from the Woolworths website.
- If your balance transfer to a Woolworths credit card is accepted, it can take up to 14 business days before the funds clear and you can see the balance in your account.
When do I get my first credit card statement?
Your statement is issued within five weeks of the first transaction you make on your Woolworths credit card. If you have requested a balance transfer, it counts as a transaction and is processed as soon as you activate your Woolworths credit card.
How do I get interest-free days on purchases?
If you can’t pay your Woolworths credit card balance in full when your statement is issued, you’re required to pay back a small percentage of your total outstanding balance by the due date shown on your statement. This is called the minimum monthly repayment. You can find information about the minimum repayment for Woolworths credit cards on our review pages.
How do I make a repayment to my Woolworths credit card?
You can make a repayment to your Woolworths credit card in the following ways.
- BPAY. If you’re paying your Woolworths credit card from another institution’s online banking facility, log in to your Internet banking and select BPAY from the payments and transfers menu. You will need to enter the BPAY Biller Code 017574 and your Customer Reference Number, which is your account number. BPAY payments can take up to two business days to process.
- Direct debit.You can set up a direct debit payment from your everyday transaction or savings account with another bank. You can set up a direct debit to pay just the minimum repayment due on your account, a fixed amount or the entire balance of your credit card. It can take up to five business days for a direct debit payment to be processed.
- In person. You can also pay your credit card at a Woolworths supermarket with cash or a debit card. All you need to do is show your Woolworths credit card to a representative.
- By mail. Send a cheque to Money Everyday Credit Cards PO Box 347 Artarmon, NSW 1570 and allow up to five business days for the cheque to be processed. You may also have to account for the time it takes for the cheque to be delivered in the post.
Can I use my Money Everyday Credit Card at an ATM and what fees are associated?
Yes. You can use your card to withdraw cash at any ATM worldwide that carries the MasterCard or PLUS logos. Cash withdrawals from ATMs are charged at the Cash Advance interest rate and will be charged from the withdrawal date. International ATM withdrawals incur a fee of A$2.50. Withdrawals at ANZ ATMs are free in Australia.
What happens if my credit card is about to expire?
Two weeks before your old card is about to expire a new card will be sent out to you in the mail. If, for whatever reason, you don’t get your card, you need to call Woolworths Money Customer Service on 1300 10 1234.
How do I find out my credit limit on my Woolworths credit card?
Your credit limit is how much money Woolworths will allow you to spend on your card. They use a calculation of your income, assets, debts and liabilities to find out how much you could afford to repay.
You can request a specific credit limit or you can request the maximum amount of credit you can get. If you want more credit, request a credit limit increase. Each request for more credit is judged by the same criteria, so don’t expect to be granted more credit if you’ve taken the maximum amount and your circumstances have not changed.
You can request a credit limit increase by downloading the credit limit increase form available on the Woolworths website.
How do I get an additional card for a family member?
There’s the option of applying for an additional cardholder during the online application for a Woolworths credit card. This can also be done after the application by downloading an additional cardholder application from the Woolworths Money website.
Each Woolworths credit card may allow you to get a different number of additional cardholders. You can find out more on our review pages. Supplementary cardholders must be over the age of 16 and an Australian resident. If you have a family member who is over the age of 18, they can also apply for a Woolworths credit card in their own name, providing they meet the eligibility requirements.
What do I do if I lose my card or it's stolen?
Report a lost or stolen card immediately to Customer Service on 1300 10 1234. Do this right away otherwise you may be liable for charges on the card if someone else tries to use it.
If you’re overseas call +612 8276 0144. A fee may be charged to get your credit card sent out to you.
Who is the credit issuer for Woolworths credit cards?
Woolworths credit cards are are underwritten by Macquarie Bank. This shouldn’t be something you need to consider when applying for a Woolworths credit card. However, this will be factor if you’re looking to transfer a balance to a Woolworths credit card from an existing Macquarie Bank credit card. For more information read our guide to find out which banks you can balance transfer to and from.
What’s the difference between Money Everyday and Everyday Rewards?
The Woolworths Money Everyday Platinum and Qantas Platinum are products that operate as credit facilities. You can use them to finance your day-to-day purchases or as an emergency source of cash.
The Everyday Rewards Card is a Woolworths product that you use to hold your fuel saving discounts, and earn Everyday Rewards Points when you spend at Woolworths Group stores.
Existing Everyday Rewards members can get more benefits by linking a Woolworths Money credit card to their account. You can do this by providing your Everyday Rewards account details when you apply for the Woolworths credit card. This will allow you to get money off at the fuel pump when you swipe your credit card, earn Everyday Rewards by scanning the back of your credit card and you get bonus points when you spend at Woolworths stores.
What is the Reloadable Prepaid MasterCard?
A prepaid MasterCard lets you spend your own money to shop online or in-store. They can be used everywhere Mastercard is accepted.
They’re a budgeting tool that can also be used by people who have bad credit and want a hassle-free way to make electronic payments.
Can I get a Woolworths Prepaid Credit Card?
These cards are prepaid, there’s no credit facility, and there’s no credit checks. They are widely available to purchase in-store at Woolworths or Safeway.