Woolworths Qantas Credit Card Review & Application
Introducing the new Woolworths Qantas Credit Card
If you have been shopping around for a credit card which is just right for you, you will have noticed by now that you can often find a low interest, low fee credit card, or a rewarding, feature-packed credit card, but there are very few which will do both. That is where the Woolworths Qantas credit card comes in to fill that niche. The Woolworths Qantas credit card offers you the affordability and great value which mirrors a successful grocery run, while also giving you the great earn rate for Qantas Frequent Flyer points – i.e. 1 Qantas Frequent Flyer Point for every $1 spent everywhere Mastercard is accepted, at a relatively low annual fee of $0 for the first year (thereafter $89).
Interest Rates, Fees & Charges
| Balance Transfer Rate |  |
5.99% p.a. for 6 months |
|---|---|---|
| Interest Rate on Purchases | |
19.99% p.a. |
| Annual Fee | |
$0 for the first year (thereafter $89) |
| Interest Free Period | |
up to 55 days |
| Cash Advance Rate | |
20.99% p.a. |
| Card Type | |
Standard |
| Credit Card Type | |
MasterCard |
| Rewards Program | |
Yes |
Application criteria for a Woolworths Qantas Credit Card:
The following eligibility criteria apply for a Woolworths Qantas Credit Card:
- You must be over 18 years of age
- You must have a good credit rating
- You must be a permanent Australian resident
- You must have a high taxable annual income
Features of the Woolworths Qantas Credit Card
Shopping for a credit card can be such hard work because of the delicate balance you are looking for, between affordability and functionality. Usually in the search for a low fee credit card you have to forgo a number of useful features and it can be those features which help you manage your credit card spending and repayments responsibly. While everyone has their own balance point between fees and features, consider whether the Woolworths Qantas credit card strikes the right balance with you:
- Receive 5,000 bonus Frequent Flyer points1.
- Earn Qantas Frequent Flyer points. Earn 1 Qantas Frequent Flyer point for every $1 you spend on most purchases2. Woolworths shoppers now have the opportunity to earn Qantas Frequent Flyer points for their day-to-day purchases at Woolworths chains and partnered stores.
- Earn extra Qantas Frequent Flyer points through Everyday Rewards3. Because this credit card is also an Everyday Rewards card you can earn additional Qantas Frequent Flyer points through Everyday Rewards program partners . You will earn 1 point for every $1 you spend over $30 (in one transaction) at Woolworths Supermarkets, BWS stores outside of Tasmania and at BIG W. You’ll also earn 1 point for every $1 you spend over $50 (in one transaction) in participating Dick Smith stores.
- Travel with your points. You can redeem your Frequent Flyer points for travel to over 700 destinations4 in Australia or around the world, flying Qantas, Jetstar or one of 25 other partnered airlines.
- Shop with your points. There are more than 1,800 products in the Qantas online store and you can purchase electronics, home wares, clothing or gift vouchers for yourself, or to help with the Christmas shopping. The Woolworths Everyday Money MasterCard has taken frequent Australian grocery shoppers by storm. A combination of true quality and a broad scale marketing campaign resulted in a mass of satisfied credit card owners.
- Earn fuel rewards. You will also still earn fuel saving vouchers with Everyday Rewards partners.6
- Up to 55 days interest free on purchases7. If you are able to pay your balance down to zero in each statement period then you can enjoy up to 55 days interest free on your new purchases. This gives you over a month to avoid the 19.99% p.a. purchase rate, while cash advances attract the 20.99% p.a. cash advance rate right away. Being able to make purchases interest free gives you the opportunity to manage your credit account without having to worry about interest charges while you also have the space to manage your own cash flow by using the bank’s money throughout the month instead of your own.
- A low annual fee of $0 for the first year (thereafter $89). When you consider the features and benefits and the great earn rate of 1 Qantas Frequent Flyer point per $1 spent everywhere MasterCard is accepted, included with your Woolworths Qantas credit card – the annual fee is a very affordable one, especially compared to other full featured credit cards available.
Consumers who don’t have a Frequent Flyer membership don’t have to pay the $82.50 membership fee – It’s free when you apply for the Everyday Money card!
Applying for the Woolworths Qantas Credit Card credit card should take no more than 10 to 15 minutes, and the following documents are required for you to make your application:
- Your personal details, including driver’s licence number
- Your contact details, including address, phone numbers and email address
- Employment details, including time in current job
- Details of your income and expenditure
- Details of any other credit cards owned
What’s the difference between the ‘Everyday Money’ and the ‘Everyday Rewards’ card?
The Everyday Money card is Woolworth’s shopping MasterCard. You earn reward points for spending at Woolworths and associated store chains (Big W, Dick Smith and Tandy to name a few).
The Everyday Rewards card is a result of the new alliance between Qantas Frequent Flyer and Woolworths. Consumers can apply for a free Everyday Rewards card online, and earn Frequent Flyer points when they shop at Woolworths. It is not a credit card.
You earn 1 Frequent Flyer point for every $1 spent over $30. For instance, if you made a $300 purchase, you would earn 270 Qantas FF points.
You need to link your Frequent Flyer membership with your Everyday Rewards card before you can start earning points.
What if I’m not interested in earning Frequent Flyer points? I hardly ever fly?
A common misconception is that Frequent Flyer points are solely redeemable for flights and related rewards only.
The FF program has access to a whole range of rewards, including electronics, wine, sports & outdoors and gift vouchers. View the catalogue here.
You don’t have to be a Frequent Flyer member or already have an Everyday Rewards account to apply for the Woolworths Qantas credit card. Simply complete an application form online and you will automatically be made a member on your application and can enjoy the benefits sooner.
The Woolworths Everyday Rewards Qantas credit card issued by HSBC Bank Australia Limited ABN 48 006 434 162 ACL NO. 232595 (“HSBC”). HSBC lending criteria applies. Terms and conditions apply and are available upon request. Fees, charges and interest rates apply and are current as at 1 October 2010 and are subject to change. Minimum monthly repayments are required and calculated at 2.5% of the outstanding balance or $30, whichever is greater. The minimum credit limit for this product is $8,000. MasterCard and the MasterCard Brand are registered trademarks of Mastercard International Incorporated.
1. To earn extra points through the Everyday Rewards program at Woolworths/Safeway Supermarkets, BWS (excluding Tasmania), BIG W, and Dick Smith stores (excluding reseller stores) you must present and scan your Everyday Rewards barcode (on the back of the credit card) at the time of purchase and spend at least the qualifying amount in one transaction. See everydayrewards.com.au for conditions and exclusions. Offer excludes selected purchases including smoking/ tobacco product purchases, gift cards, BIG W optical, DVD Kiosk purchases, freight charges, selected services and selected online purchases including BIG W Photo and BIG W Movie Rental.
2. Annual fee of $89 waived in the first year. The first annual fee will be debited on the 12th month anniversary of the account opening date, providing a transaction has been made on the account.
3. 5,000 Qantas Frequent Flyer points offer is available to new primary cardholders who apply between 17 October and 29 February 2012, are approved and make an eligible purchase on their Woolworths Everyday Rewards Qantas credit card by 29 February 2012. Offer is not available to existing Woolworths Everyday Money credit cardholders who request to transfer to this product. Allow up to 8 weeks after the qualifying purchase is made for the points to appear on your credit card statement, at which time your credit card account must be current and not in arrears. Eligible purchases exclude interest free promotions, balance transfers, business purchases and cash advances.
4. Earning of Qantas Frequent Flyer points from credit card transactions is subject to the Woolworths Everyday Rewards Qantas credit card Conditions of Use. No points are earnt on business expenses, interest free promotions, balance transfers and cash advances.
This offer cannot be used in conjunction with any other offer.
| Minimum Income | Minimum Age | 18 years of age | |
| Residency | Permanent Australian Resident | Credit Rating Requirement | Good |
| Min Credit Limit | $8,000 | Max Credit Limit |
| Annual Fee | $0 | Balance Transfer Fee | |
| Minimum Repayment | 2.5% | Interest Charged From | |
| Late Payment Fee | $35 | Over Limit Fee | $35 |
| Overseas Emergency Replacement | $50 | Overseas ATM Balance check | |
| Overseas ATM Withdrawal | $2.5 | Foreign Currency Conversion Fee |
| Rewards Points per Dollar | MCARD:1 Partners:1 Point(s) | Points needed for Syd/Mel Return Flight | 16022 |
| Points needed for $100 Voucher |
how much is an additional cardholder?
Hi Yuko
Thanks for your comment
If you would like to add an additional cardholder you can do so at no extra cost. Once your application is approved, simply complete & sign the Additional Cardholder Application Form and return to the address provided on the Form.
Cheers
Jeremy
Hi,
Trying to clarify if you get 1 point per dollar spent outside of a woolworths affiliated store or everyday rewards card accepted stores. I have checked the website for this card and it does not clarify it properly. From how I read it, it appears you only get points at stores affiliated with the everyday rewards program as indicated by point number 2 in the terms and conditions printed here.
Many thanks in advance,
Andrew
1. What is the limit for 1 point for every $1 dollar? i.e. 1 point for every dollar spent up to $….
2. Can the card be used everywhere that Mastercard is accepted?
3. What is the cost for additional cardholders?
Thank you.
Hi Susan
Thanks for your comment
In response to your questions:
1) There is no points capping. That means there is no limit to the amount of points you can earn at the earn rate of 1 point for every $1 you spend.
2) Yes the card can be used anywhere MasterCard is accepted – over 32 million locations worldwide, as well as global ATM access when you select ‘credit’ (however this will be charged at the cash advance rate).
3) $0. If you would like to add an additional cardholder you can do so at no extra cost. Once your application is approved, simply complete & sign the Additional Cardholder Application Form and return to the address provided on the Form.
Please let me know if you have any other questions
Cheers
Jeremy
Yeah, has anyone actually successfully ever been able to obtain this credit card? Because it seems to me like a total and utter scam to get people to sign up for the bullshit Everyday Rewards program.
What are the minimum and maximum credit limits available?
Im looking for 10 credit cards to be used by staff for fuel and other purchases total Limit approx $30000
is this card suitable?
I have one of these cards and am happy with it, except I would like to see my account online and do online banking with it. How can I do this? I am concerned with the apparent lack of a bank for this card, as HSBC refuse to answer any questions about it on the phone. Please advise?
Hi Bob
Thanks for your comment.
Great to hear you like the card. In order to setup online banking, you may need to call the HSBC Customer Service team. They should be able to setup an internet banking login without any trouble for you.
All the best,
Jeremy
Does this mean I no longer need to have a separate Everyday Rewards card?
Hi Gary
Here’s an excerpt from the terms and conditions which answers your question:
“To earn extra points through the Everyday Rewards program at Woolworths/Safeway Supermarkets and BWS (excluding Tasmania), BIG W and Dick Smith (excluding reseller stores), you must present and scan your Everyday Rewards barcode (on the back of the credit card) at the time of purchase and spend at least the qualifying amount in one transaction.”
Cheers
Jeremy
Are FF points kept for indefinite time, or do they only last for so long? I have an Everyday Rewards card, so if I apply for FF Credit card will I have to pay 82.50 to become a member plus the annual fee? Thanks April
Hi April
Thanks for your question
Your points won’t expire as long as you keep your account active by earning or using points at least once every 18 months. You will need to earn or use points through your account (excluding transfers to or from an eligible family member) at least once every 18 months to stop your points from expiring.
When you join the Woolworths Everyday Rewards Program you can join the Qantas Frequent Flyer rewards program without the joining fee through Everyday Rewards. When I applied for my Everyday Rewards card, I created my Qantas Frequent Flyer account during the sign-up process and saved $82.50. Perhaps try logging in to your Woolworths Everyday Rewards program and registering for the Qantas Frequent Flyer program through there.
Cheers
Jeremy
Hi Michael
Thanks for your question
The minimum credit limit is: $8,000.
The maximum credit limit will depend on the amount you are approved for. You can apply for credit limit increases once you have the card.
Cheers
Jeremy
My husband doesnt earn $50,000 per year but we have a ANZ Platinum card which is paid off every month and we would like to transfer to the Woolworths Qantas Credit card. I also work fulltime. Whats with the minimum $50,000 wage requirement
Hi
Can you please tell me whether this card offers a free travel insurance like some of the Gold Cards? If not, is there any version of this cards that combines the features of the Woolworth Cards plus Travel Insurance?
Thank you
Oscar
Hi Oscar
Thanks for your comment
The Woolworths Qantas Credit card does not currently offer complimentary travel insurance.
Here is our comparison page which shows cards that do come with complimentary travel insurance: http://www.creditcardfinder.com.au/free-travel-insurance-with-credit-cards.html
Cheers,
Jeremy
Hi,
Wondering the same as Andrew’s question. Trying to clarify if you get 1 point per dollar spent outside of a woolworths affiliated store or everyday rewards card accepted stores. I have checked the website for this card and it does not clarify it properly. From how I read it, it appears you only get points at stores affiliated with the everyday rewards program as indicated by point number 2 in the terms and conditions printed here.