Woolworths Everyday Money Reloadable Prepaid MasterCard – Rates & Fees

Rates and Fees verified correct on July 31st, 2015
Important Information
  • As of the , the Woolworths Reloadable Prepaid MasterCard will no longer be available for purchase. The information on this page has been kept for the benefit of existing customers and for those who are interested.
    If you would like to compare other prepaid cards: Click here.

Stay in control of your money by using the Woolworths Reloadable Prepaid MasterCard.

When you receive your card, you can load money onto it to use for everyday purchases, both domestically and internationally. You can also use it over the phone, or to withdraw cash out of an ATM.

It has the convenience of MasterCard, so it’s accepted at 30 million merchants worldwide, along with 1.9 million ATMs.

Suitable for younger card users, the Woolworths Reloadable Prepaid MasterCard is also safe and secure to use when shopping online, and isn’t linked to a bank account so your details cannot be accessed.

Product NameWoolworths Reloadable Prepaid MasterCard
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.
$20
Maximum Credit Limit
This credit limit may not be issued to you immediately on application. This is the maximum credit limit for this card which must be applied for or offered to you after you are approved and have already opened the account.
$1,000
Card TypeMasterCard
Foreign Currency Conversion Fee (MC)2.5% of transaction value
Complimentary Travel InsuranceNo
Available to Temporary ResidentsYes
Joint ApplicationNo
Minimum Age18 years of age
Available to Temporary ResidentsYes - Conditions apply
Credit Rating RequirementGood
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.
$20
Max Credit Limit
This credit limit may not be issued to you immediately on application. This is the maximum credit limit for this card which must be applied for or offered to you after you are approved and have already opened the account.
$1,000
Overseas Emergency Replacement$4.95
Overseas ATM Balance check$2.50
Overseas ATM Withdrawal Fee$2.50
Foreign Currency Conversion Fee (MC)2.5% of transaction value
Gambling Transactions AllowedNo
BPAYYes
ChequeYes
Direct DebitYes
Australia PostNo
Phone BankingNo
Internet Banking TransfersNo
In BranchNo
MailYes

Woolworths Everyday Money Reloadable Prepaid MasterCard Review

This card charges a 2.5% international transaction fee for purchases made in a foreign currency. It may be a suitable card for children, as you can only load a certain amount of funds in the card.

There are two purchase options you can choose when you apply.

Monthly Pay as you go
Could be suitable if you plan on using this card on a regular basis Could be suitable if you use the card every now and again
No monthly service fee if you load $500 or more into your card per month $1 load fee applies each time you load the card with funds
A $1 monthly service fee applies if you don’t meet the condition above No monthly service fee applies

What you need to know about using the card
  1. If you’re shopping online – like using the card to purchase a flight – and you’re asked to provide the name of the issuing bank – select ‘ANZ’. This card is issued by ANZ in conjunction with Woolworths.
  2. If you want to use the card to make a withdrawal from an ATM or to make a purchase over the counter, press ‘credit’.

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Information about reloading the card

In person, this account can be reloaded at Woolworths Supermarkets or Big W stores nationwide. While it can be reloaded electronically via BPAY or direct credit. Regular deposits from a transaction account can also be arranged.

Funds will clear in the account at different times depending on the reload method.

Method Time Limits
Cash or EFTPOS at BIG W or Woolworths Supermarkets Immediate $2,000
Direct Credit – EFT from a bank account 2 business days $2,000
BPAY 4 business days $2,000

There’s a maximum balance of $10,000. When funds are loaded onto the card for the first time, the card issue fee will be deducted from the loaded amount.


Features of the Woolworths Reloadable Prepaid MasterCard

  • Safe shopping on the internet. This card is protected by the MasterCard’s Zero Liability policy, so if you’re shopping online you’re not liable for any unauthorised transactions if you can prove that you didn’t make the transactions.
  • Safer than cash. A signature or PIN is required for this card. If you lose your card, you can request from Woolworths Money to cancel and replace the card.
  • Competitive fees. This card isn’t linked to a transaction account, so you can save on account maintenance fees.
  • Free withdrawals from ANZ ATMs. You can withdraw funds from an ANZ at no charge and there are no over the limit fees. Withdrawal limit of $2,000.
  • Convenient. You reload the card at Woolworths Supermarkets or Big W stores. You can also load funds using BPAY or Direct Debit.
  • MasterCard PayPass. Tap and Go with your purchases with MasterCard’s PayPass Technology.


How to apply for the Woolworths Reloadable Prepaid MasterCard

Since this isn’t a credit card, it’s easy to apply. Your credit history won’t be checked, as well as your income.
There is no minimum age requirement.

You can get a card as long as you can provide proof of identity.

Identification requirements

Woolworths will need 100 points of identification before they issue a card. To make up 100 points of I.D provide:

  • A passport, birth certificate or citizenship certificate, driver’s licence, proof of age card, pension card, foreign driver’s licence or school attendance letter – these forms of identification count as 70 points. For applicants under the age of 18, one of the above forms of identification count as 100 points.
  • And things like a medicare card, a utility bill or an account bill (telephone or pay TV for instance) count as 30 points of identification. The product disclosure statement has a full list of identification requirements.
  • If you’re unable to provide proof of identity online, you’ll be requested to show your documents at your local Woolworths Supermarkets.
  • You’ll receive your PIN and card separately for security reasons, approximately 5-7 business days of verifying your ID.
  • When you receive your card, sign the back and load it with money when you’re ready to use it.
Important Information
  • As of the , the Woolworths Reloadable Prepaid MasterCard will no longer be available for purchase. The information on this page has been kept for the benefit of existing customers and for those who are interested.
    If you would like to compare other prepaid cards: Click here.

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This page was last modified on 14 May 2015 at 12:52.

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306 Responses to Woolworths Everyday Money Reloadable Prepaid MasterCard – Rates & Fees

  1. Default Gravatar
    Lily | June 18, 2015

    Hello, I am trying to make a purchase online via Steam. I know I have sufficient funds in my account however it is telling me I don’t; ‘Your purchase has not been completed. Your credit card information has been declined by your credit card company due to insufficient funds in the account.’
    Is there a waiting period? I loaded money on the card at Big W over 3 hours ago, and when I login to my account the money is there.
    Thanks in advance.

    • Staff
      Jonathan | June 19, 2015

      Hi Lily, thanks for your inquiry!

      If the funds have been cleared on your Reloadable Prepaid MasterCard then transactions may be paid for using the funds. Reasons to why the merchant you are transacting with is prompting insufficient funds may be due to a delay. It may be ideal to contact your funds issuer to guarantee the funds have completely cleared.

      I hope this helps,

      Jonathan

  2. Default Gravatar
    Simone | June 9, 2015

    I’ve forgotten my PIN number for my reloadable MasterCard, how can I check my balance?

    • Staff
      sally.mcmullen@hiveempire.com | June 10, 2015

      Hi Simone,

      Thanks for your question.

      You can check your balance by logging into your Woolworths Everyday Money account using your username and password.

      If you have forgotten your PIN, you may wish to contact the Woolworths Money customer service team to confirm your PIN.

      I hope this has answered your question.

      Thanks,

      Sally

  3. Default Gravatar
    Peter | June 1, 2015

    I am trying to complete a transaction of $35.00 via my MasterCard debit card but I am repeatedly being told that the card will not make the payment to BPAY even though I deposited a further $20 today to make sure that I had sufficient funds.
    Please examine my account and tell me why and what I need do to complete the purchase?

    Thank you

    • Staff
      sally.mcmullen@hiveempire.com | June 1, 2015

      Hi Peter,

      Thank you for your question.

      Just to confirm, you have come through to finder.com.au, not MasterCard. As mentioned in the Product Disclosure Statement, due to transaction processing procedures, value
      loaded using BPAY® will generally take up to four days to appear on your card.

      Therefore, your card may currently have insufficient funds to complete the transaction and you should have access to the funds over the next few days.

      I hope this has answered your question.

      Thanks,

      Sally

  4. Default Gravatar
    leslie | May 10, 2015

    My son has just given me a pre-paid Woolworth’s mastercard for mother’s day. How can I use this card in store without a pin number. Stores do not accept signatures on cards now.

    • Staff
      Jonathan | May 11, 2015

      Hi Leslie, thanks for your inquiry!

      The prepaid Woolworth’s MasterCard comes standard with a PIN number for in-store purchases. The PIN must be used in order to complete the purchase.

      Cheers,

      Jonathan

  5. Default Gravatar
    trish | May 8, 2015

    I have a reloadable mastercard for 3 years now, which is due for renewing this month, i rang to get my new card but was told by WW they will not renew as stopping this type of card effective this month

    • Staff
      Jonathan | May 11, 2015

      Hi Trish, thanks for your inquiry!

      Unfortunately this card is not offered since the 08/05/2015. You may like to refer to the following link for a list of debit cards and offers.

      Cheers,

      Jonathan

  6. Default Gravatar
    | May 7, 2015

    Hi I’m traveling overseas soon mostly Ireland, Spain. I don’t want to carry much cash but also I’m apprehensive of putting all my money on the reloadable card in case the ATMs don’t work also if you say it should be fine,what option do I press with withdrawing money overseas credit or savings thank you

    • Staff
      Jonathan | May 8, 2015

      Hi Mia, thanks for your inquiry!

      Since the Woolworths Prepaid MasterCard is a reloadable facility, pressing savings or credit is eligible for cash withdrawals. Cash withdrawals from this card can be made from any ATM with the MasterCard logo.

      Cheers,

      Jonathan

  7. Default Gravatar
    Rajat | May 7, 2015

    Hi,
    The other day I put $35 on my card and bought a few things on Amazon, all of the purchases added up to about $27. Today I got a notification saying my purchase declined and I was wondering what is going on? What am I supposed to write in the section where it says “Name on card”? Please contact soon.

    Thank you.

    • Staff
      Jonathan | May 8, 2015

      Hi Rajat, thanks for your inquiry!

      The ‘Name on card’ section can be filled in using the full card number. You may also like to check your Woolworths Prepaid MasterCard balance by referring to the link I have sent to your email.

      Cheers,

      Jonathan

  8. Default Gravatar
    Wisan | May 6, 2015

    How do I check my balance via SMS it’s a reloadable MasterCard

    • Staff
      Jonathan | May 7, 2015

      Hi Wisan, thanks for your inquiry!

      Woolworths Prepaid MasterCard does not currently have an SMS facility for checking balances. Determining a card balance can be completed by going through the Woolworths Money website.

      Cheers,

      Jonathan

  9. Default Gravatar
    Carly | May 3, 2015

    What forms of identification can I use to get the card instead of a birth certificate or drivers license?

    • Staff
      Jonathan | May 4, 2015

      Hi Carly, thanks for your inquiry!

      The ID requirements for this card are as follows:

      -Drivers License, and
      -Australian Passport, or
      -Foreign Passport, and
      -Medicare Card

      Cheers,

      Jonathan

  10. Default Gravatar
    louanna | May 1, 2015

    I bought a $20 prepaid master card (Woolworth’s money) and tried to use it online casinos but I need a name on the card for loading it?

    • Staff
      Jonathan | May 1, 2015

      Hi Louanna, thanks for your inquiry!

      There are two types of Woolworths prepaid MasterCards. The single load MasterCard can be used for online purchases by entering the card number as the name. The prepaid reloadable MasterCard requires identification and registration upon purchase so the user’s full name will be on the card.

      Cheers,

      Jonathan

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