Woolworths Everyday Money™ credit card – Details and Application
Related Products
The Woolworths Everyday Money™ credit card is the first consumer finance product from Woolworths Everyday Money™.
This credit card allows you to earn points no matter where you shop, not just at Woolworths, although it is ideal if you enjoy shopping at Woolworths because you earn 2 points for every dollar you spend at participating Woolworths group stores. Every four months – provided you have accumulated enough points – you will be rewarded with a shopping card to be used in any number of stores under the Woolworths group umbrella.
It is a well known fact that for most families the food bill is the second biggest spend from their income, following on from their home mortgage or rent. With this in mind it could be worthwhile you reviewing having a Woolworths Everyday Money™ credit card.
To be successfully approved for this credit card, you will need an excellent credit history and a minimum secure income of $30,000 p.a..
So what are Woolworths offering that can be so beneficial to the family and the credit card holder. A Woolworths Everyday Money™ credit card offers substantial benefits to the credit card holder.
| Product Name | Woolworths Everyday Money Card | |
|---|---|---|
| Interest Rate on Purchases | 19.84% p.a. | |
| Offer end date | 31 August 2013 | |
| Annual Fee | $49 p.a. | |
| Interest Free Period | up to 55 days | |
| Interest Rate on Cash Advances | 21.34% p.a. | |
| Minimum Credit Limit
This is the lowest credit card limit that you can request. It is possible to apply for a higher credit card limit but not a lower one than this figure.
|
$1,000 | |
| Minimum Monthly Repayment | 2.5% | |
| Credit Card Type | MasterCard | |
| Late Payment Fee | $35 | |
| Complimentary Travel Insurance | No | |
| Available to Temporary Residents | Yes | |
| Joint Application | No |
Review of the Woolworths Everyday Money™ credit card
Earn points with a rewards program which will reward you when you need it: Your everyday life and purchases.
When comparing this card with others it is quite similar. It attracts a 19.84% p.a. interest rate, but you do get up to 55 days interest-free on purchases so that makes the interest rate competitive with others in this field.
The Woolworths Everyday Money™ credit card offers various levels of points per dollar spend with the highest, 3 points per $1 spent on selected products from Woolworths or Safeway Supermarkets as long as they are not on special. All other products in these stores attract 2 points per $1 spent. Two points for $1 spent is also given at Big W, Caltex Woolworths/Safeway co-branded fuel outlets, epump, Woolworths/Safeway Liquor, BWS, Dan Murphy’s and Thomas Dux. Some Dick Smith and Tandy stores also participate in the program. There are options to get 1 point per $1 spent on certain products but it would pay to check these out.
If you already have a regular Woolworths Everyday Rewards card, then you will be able to link that to your new Woolworths Everyday Money™ credit card so you will be able to redeem any fuel saving offers earned on your Everyday Rewards card at the pump using epump*.
Features include:
- 19.84% p.a. on purchases*, and a $49 p.a. annual fee.
- Rewards Program: Earn up to 3 reward points for every $1 you spend^ on your Everyday Money card, every 4 months, if you have enough points, you will automatically be sent a shopping card to use in the wide range of Woolworths group stores.
- Up to 3 points per $1 spent^
- Earn a shopping card every 4 months#
- A choice of colours for your credit card – black, pink, blue and green.
- Up to 55 days interest-free on purchases.
- Annual fee of $49 p.a..
Earn up to 3 points for every $1 spent
At 4 month intervals you’ll receive a new shopping card (provided you’ve earnt enough points) which you may redeem at the stores listed below. Points are redeemable for practically anything: electronics, groceries and petrol.
- You’ll earn 3 points for every dollar you spend on Woolworths products purchased in-store at Woolworths/Safeway Supermarkets, excluding Online.
- You’ll earn 2 points for each dollar spent** on goods at Caltex, Big W, Safeway Liquor, Dick Smith Powerhouse along with participating Tandy and Dick Smith Electronics stores.
- You’ll earn 1 point for each dollar spent on every other purchase
Some exclusions may apply.
How does the Rewards Program Work on the Woolworths Everyday Money™ credit card?
How this card works is that you can earn rewards points on your credit card and they accumulate towards shopping cards. If you accumulate enough points, you are automatically issued with a shopping card every four months.
You can earn 1 to 3 points for every dollar spent, depending on the store you make the purchase at. Typically, you’ll earn 1 point for every dollar spent anywhere, 2 points for stores and groups related to Woolworths, and 3 points for directly Woolworths purchases.
At four monthly intervals, your points are converted into a card which basically works as a gift card. It expires after 3 months from the date it’s sent.
What amounts are the shopping cards available in?
The minimum shopping card value is $20 (3,448 points) and it is then offered in increments of $5 (862 points). As an example, if you have accrued 5,000 points as at the end of October, February or June, we will send you a shopping card for $25 (4,310 points) and the remaining 690 points will remain available for redemption in the next rewards period.
Woolworths is a well known brand in the sense that they sell things that are ‘everyday items’ for the family and their Everyday Money Card supports these purchases. Along with the above benefits you also have the option of choosing from a small range of colours for your own personalised card, plus you can have one additional card holder at no extra cost.
You will also be able to manage your account at the Woolworths Everyday Money website, which will allow you to do the following:
- View your credit card statements online.
- Set up any automatic direct debits you wish to pay on a regular basis.
- Pay your bills online using BPAY®.
- Change your PIN and access codes to ones more memorable.
- Check your transaction history and the state of your credit card rewards.
Read the Woolworths Everyday Money Card terms and conditions.
| Minimum Income | $30,000 | |
|---|---|---|
| Minimum Age | 18 years of age | |
| Available to Temporary Residents | Yes - Conditions apply | |
| Credit Rating Requirement | Good | |
| Min Credit Limit This is the lowest credit card limit that you can request. It is possible to apply for a higher credit card limit but not a lower one than this figure. | $1,000 |
| Annual Fee | $49 p.a. | |
|---|---|---|
| Minimum Repayment | 2.5% | |
| Late Payment Fee | $35 | |
| Over Limit Fee | $35 | |
| Overseas Emergency Replacement | $50 | |
| Foreign Currency Conversion Fee | 3% | |
| Gambling Transactions Allowed | No | |
| Additional Cardholder Fee | $0 | |
| Number of Additional Cardholders | 1 |
Pros
- There is a tiered structure of rewards accrual with bonus points earned when you shop at Woolworths. This is a great incentive for people who already do most of their shopping at Woolworths.
- This card can be linked to the other Woolworths rewards cards.
Cons
- Rewards are automatically redeemed in four month intervals. This gives the card holder minimal control over the frequency of redeeming rewards and may restrict people from using the voucher when it's convenient for them.
Read the Woolworths Everyday Money Card terms and conditions.
Was this content helpful to you? No Yes
Ask a Question About This Card
65 Responses to Woolworths Everyday Money™ credit card – Details and Application
Credit Cards Comparison
* The credit card offers compared on this page are chosen from a range of credit cards CreditCardFinder.com.au has access to track details from and is not representative of all the products available in the market. Products are displayed in no particular order or ranking. The use of terms 'Best' and 'Top' are not product ratings and are subject to our disclaimer. You should consider seeking independent financial advice and consider your own personal financial circumstances when comparing cards.
The woolworths card is crap.
I have an combined income of 110,000p.a and $60000 cash in the bank and they gave me a credit limit of $500. What the ##$%%??
I have submitted online application for this Credit card($49 annual fee). I have not received any communication in this regards.I have not received any confirmation mail also.
Can you please find what went wrong from my side.
Kind Regards,
Deepak Maru
Hi Deepak,
You will have to contact the bank personally with your application reference number. Thanks.
Cheers,
Jeremy
RE: Paul
IF you have that much money, why do you want a credit card anyway? Save your money instead. There are thousands of people earning minimum wage who would dream of having that much money in the bank (or even a quarter of it), and you are complaining? Typical big-money maker.
Can I make payments in person from a bank,po etc?
Hi Chris,
You are able to make repayments in the variety of ways: There are a number of electronic methods available like BPAY and direct debit; however, if you wish to pay in person you can visit any Woolworths, Safe Way or Big W and present your card along with cash or debt card to make a payment. Hope this answers you questions, thanks.
Cheers,
Jeremy
Can you link the card direct to Qantas Frequent Flyers rather than shopping cards and how do I apply for this type of card. Thank you
Hi Harold,
Thanks for your question. This card will be available for application through the Credit Card Finder website, so please check the Woolworths Everyday Money Credit Card review page for a link to a secure application page. Please note that you may be asked to visit a Woolworths or Safeway store to confirm your identity. Unfortunately you are unable to link the Everyday Money Credit Card to the Qantas Frequent Flyer Program, that option is available through the Woolworths Qantas Credit Card. Thank you.
Cheers
Jeremy
Hi, I purchased an airline ticket with the Woolworths credit card. I wonder if the card covers travel-related insurance – I had to miss my flight due to illness when I was aborad. I know some cards do provide travel insurance coverage. Does the Woolworths card provide for this? If yes, how so I go about doing a claim?
Thanks
Hi,
Thanks for your question. The Woolworths Everyday Money Credit Card does not offer any insurance covers as an included benefit. This is a feature that is usually included in Platinum credit cards and above like the NAB Qantas Rewards Premium credit card which have roughly double the annual fee of the Woolworths Everyday Money Card.
You may also check out complementary travel insurance policies to learn more.
Cheers.
Jeremy
Is it possible have 2 linked cards, one for me one for my wife?
Common ponts, I would pay off the card balance?
Hi,
Thanks for the question. This is taken from the Everyday Money website: “You can apply for a family member or friend who is over 16 years of age to become an additional cardholder on your Everyday Money credit card. You’ll even earn reward points for purchases on the additional card.” Hope this has helped.
Cheers
Jeremy
Hi I’m looking at applying for the woolworths card because of the 0% interest for the first 9months. In the T&Cs it says any existing purchases after 31st may (promo end date) revert to the 19.34% interest….is this true? Can you please confirm if all purchases made before 31st may 2012 will have the 9months interest free and any purchases after 31st may 2012 (after 55 day interest free period) will incur the 19% interest.
Hi,
Thanks for your question. This is taken from the Qantas Everyday Money terms and conditions: “You (and any additional cardholder) must be or will need to become a member of the Everyday Rewards and Qantas Frequent Flyer programs and link your memberships to obtain this credit card and earn points.” Cheers.
Jeremy
I applied 6 days ago for a card and have still not heard anything. How long does it normally take to process and how will you let me know if my application is successful?
Hi Helena,
Best you contact your financial institution. A response is usually generated within moments of completing the application. Cheers.
Jeremy
According to point 2, rewards points are not available during interest free promotions? So if I get this card now, I would not get any rewards points during the entire 9 months interest free period?
Hi Loretta. Thanks for your question. The nine months interest free on purchases is not included as an interest free promotion. The wording of the document can be a little misleading. Cheers.
My husband and I have a combined income of over $30000, but separately it is less than that. If we jointly apply, can we get a card?
Hi,
Thanks for the question. For further information about joint application cards, please refer to our guide found here – http://www.creditcardfinder.com.au/balance-transfers-with-joint-primary-cardholders-guide.html – Unfortunately, the Woolworths Everyday Money Credit Card does not allow joint account holders, but some institutions like St.George, BankSA and Bank of Melbourne do. Cheers.
Jeremy
Can you clarify that each & every purchase I would make for the first 9 months of having this card would be interest free – i.e. if I pay my total balance owing at the end of the first 9 month period then I would be charged no interest?
Hi Bid. Thanks for your question. In the time it’s taken to reply, the offer has changed. Please see the product and review page the most up-to-date rates; however, provided you make the minimum repayment, what you have said in your question is correct. Jacob.
Find it difficult to log in to find my a/c balance. As icon comes for application form why not icon show for login?
Hello Msiddique,
thanks for the question.
The login form for the Everyday Money card can be found on the homepage of the Woolworths Everyday Money website, on the right side of the page (I’ve emailed you the link).
I hope this helps,
Marc.
Hi, I applied for this card 3 days ago and have not received either a confirmation of application or any contact at all. Has my application been successful or not?
Thanks Renee
Hi Renee. Please check out our article on checking on your credit card application status for further information on this.
I would like to clarify that there is no interest whatsoever on purchases for the first 9months and then the normal 55days interest free terms apply thereafter. Which means I have 9months initially to pay off any purchases made on the card without incurring interest?
Hi Ellena,
Thanks for the question. The nine months interest free on purchases is a limited offer. You will not pay any interest on purchases made on your card for the first nine months provided your account is in good standing. The Woolworths Everyday Money terms and conditions did say this: “Offer cannot be used in conjunction with any other offer. Account must be in good order and not in arrears at time of fulfilling offer. Eligible purchases exclude business expenses, interest free promotions, balance transfers and cash transactions.” Cheers.
Jeremy
I recently applied for the Woolworths Everyday Money credit card and have not received anything yet. How long does it take to process the application and for it all to be approved. I need to have this within the next 2 weeks, do you think that is possible?
Cheers, Vicki
Hi Vicki, thanks for your question.
For information on this topic, refer to our page on checking your credit card application status.
Why have you put a block on my credit card with no reason and then lied to me because even your staff don’t no why!!!
Hi Alan. You will need to contact your credit card provider directly for a response. Thanks for your question.
How do I get a copy of an additional card holder application form (WWEM)
Hi Davo. Check this page for an additional cardholder request form. Thanks for your question.
hi, is there an additional card fee if i get an extra card for her?
Thanks for your comment Darryl.
As this page mentions, ‘you can have one additional card holder at no extra cost’.
Cheers
what is the limit on the card , i need to make a purchase of around6500$. do you get a high limit from the start?
Hi David. The maximum limit on this card is determined by the financial details you provide to the lender at the time of application. Once you have been approved for the card, you do have the option of increasing or decreasing your credit limit. Thanks.
How do I contact Customer Service and Billing Complaints from overseas. The 1300 number does not work from my area and the staff refuse to discuss matters via email. Pretty stupid really when they refuse to contact me on my overseas land line.
Hi Fred. Try this number: 61 282 760 144. Thanks.
Is there a cancellation fee once my balance transfer is paid off?
Hi Jill. There are no cancellation fees with credit cards. All you have to do is make sure your balance is paid in full. Cheers.
Will I know immediately about the decision and is the card posted to me? Thanks.
Hi M.B. Thanks for your question. Once you have finished the application, you will know whether you have been approved, declined or conditionally approved pretty much right away. You can elect to have the card posted to your residential address or you can pick the card up from a Woolworths store. Cheers.
Hi,
I’ll be applying for this card as the primary cardholder but would like to transfer a balance from my wife’s credit card of which I am an additional card holder and she the primary.
Is this possible?
Thanks
Hi Eugene. Woolworths do not offer this feature. However, there are a range of institutions that do. Please refer to this article for a list of banks and lenders that will allow you to do this.
Travelling users beware – overseas transactions in a foreign currency are all charged at a flat 3% of the transaction value.
On just 2 transactions last month, the processing fees charged were $56.16!
Free frequent flyer points? Not if you actually travel anywhere…
I missed this in the terms and conditions but I won’t be using this card again. Daylight robbery – shame on you Woolworths and Qantas for supporting this.
Hi Stephen,
thanks for your comment.
The 3% foreign currency conversion is a flat rate unfortunately charged by most of the credit cards in the market. There are a number of credit cards which don’t charge this fee, although these currently don’t offer rewards points. These can be compared on our foreign currency and international fees for credit cards page. This page also shows the foreign transaction fees for most of the card providers in Australia.
I hope this helps you in any future credit card applications,
Marc.
how to make payments on the woolworths credit card
Hello Iaisa
thanks for your question!
According to the Woolworths Money terms and conditions, payments can be made on the card through:
direct debit
posting a cheque along with the relevant statement
BPAY®
if and when advised, at any participating Woolworths
or Safeways Supermarkets
I hope this helps,
Marc.
i wish to change my pin number as i cant remember the current one
i wish to change my pin number
Hi Peter. If you wish to change your PIN, please contact Woolworths Everyday Money customer service. Their number can be found on their website. Thanks.
how do i get my statements online
Hi Marcia. Woolworths have an online portal where you can manage your account through the Everyday Money Website. You can contact Everyday Money and elect for online statements instead of paper statements. Thanks.
1. Is a second card available for the my spouse?
2. Do I earn points for purchasing goods online from overseas companies?
3. Does this card come with Epump feature?
Thanks.
Hi Frank
Thank you for your question! I have replied to each of them inline for you:
1. Is a second card available for the my spouse? You are entitled to an additional cardholder at no charge.
2. Do I earn points for purchasing goods online from overseas companies? Yes online purchases are eligible. Here are a list of the ineligible transactions:
a) balance transfers;
(b) cash advances;
(c) special promotions;
(d) business expenses;
(e) any fee or charge, including any government charges
or duties and any fee or charge for your membership
of and participation in the program;
(f) interest charges payable in respect of your account;
(g) enforcement expenses;
(h) a transaction which we decide is fraudulent or involves
the abuse or unauthorised use of a card; and
(i) any transaction which you dispute and which, as a
consequence, we refund or reimburse to your account.
3. Does this card come with Epump feature? Yes this card offers access to epump
I hope you found my response helpful, please reach out if you have any further questions
Cheers,
Jeremy
Why is it so hard to use your web site i am trying to find my balance and all i get is the run around on the everyday money card?
Mary J
Hi Mary. Please visit the Everyday Money Website to check your account details. You will need to register your card with Everyday Money first. Please contact them directly over the phone to do so. Jacob.
Want to change PIN number on my card
Hi Lee-Anne. Thanks for your question. If you would like to change your PIN number, please contact your lender directly. They may be able to do this over the phone, otherwise you may have to visit a Woolworths or HSBC outlet. Jacob.
Can this credit card be registered under two people?
Hi Rose. Thanks for your question. Please check this page for information about providers that allow joint primary credit card holders. Jacob.
Can you have 2 separate reward cards combined.
Hi Joseph. Thanks for your question. I’m not sure I understand your question. If you’re referring to linking two separate cards to the one frequent flyer membership, you can do this, you just need to link your credit card to your frequent flyer membership when you apply for a new card. If you’re referring to the Woolworths Everyday Money card and something like the Woolworths Qantas Credit Card, you can link these two cards together so you get bonus points when you spend over $30 at Woolworths and select Woolworths Group stores. Jacob.