From David Jones and Myer to Coles and Woolworths, compare store credit cards and get more benefits based on where you shop.
There are many credit cards on the market that are linked to specific retail brands. Commonly known as store cards, these products offer exclusive benefits when you shop with the brand. Most store cards also offer points per $1 for your everyday spending outside of these brands.
As well as offering you extras when you shop with a particular brand, store cards usually offer rewards for your everyday spending. They also typically carry interest rates and fees similar to those of other rewards cards. Use this guide to compare store credit cards and learn more about them, so you can decide if this type of card is right for you.
Store Credit Card Comparison
What benefits can I get with a store card?
Store credit cards usually offer a range of perks you can enjoy when you shop with the brand, or elsewhere. These features vary between cards but often include:
- Reward points. Most store cards in Australia offer points per $1 spent on eligible purchases. Generally, you’ll earn the highest amount of points for spending with the store and a lower amount for spending everywhere else.
- VIP offers. Some store cards give you access to exclusive events, offers and sales. The David Jones American Express, for example, offers card member shopping events, Instant Rewards such as savings or gifts for specific purchases, and complimentary gift wrapping for purchases made in-store or online with David Jones.
- Shopping discounts. You can often get savings on your shopping with the store or associated brands when you use a store card to pay for purchases. For example, with a Woolworths credit card you can get 10% off your first shop in-store or online at Woolworths on a selected weekend each month by scanning the barcode on the back of your credit card and paying with it. David Jones and Myer credit cards may also offer member discounts at various times throughout the year.
- Complimentary delivery. If you shop online, you could enjoy complimentary delivery options with the brand that’s linked to your store card. For instance, Coles credit cards offer free delivery when you spend over $100 at Coles Online and the David Jones American Express Platinum offers complimentary priority delivery for items purchased in store at David Jones.
- Flexible payment plans. Store cards may also offer you different payment options for purchases you make with the linked brand. Currently, David Jones store cards offer this type of benefit, with some options including:
- Up to 4 years interest-free when you spend $500 or more on homewares, furniture, bedding or electrical items.
- Fashion Pay Later for up to 3 months when you spend $250 or more on your card on any women's or men's apparel, shoes and fashion accessories in-store at David Jones.
- Other benefits. Depending on the store card you choose, you could also enjoy perks such as complimentary travel insurance, purchase insurance and airport lounge access.
Can I use my store card for other spending?
Most store cards in Australia are Visa, Mastercard or American Express options that can be used for spending anywhere these cards are accepted. However, there are some store cards that you can only use with the associated store. For example, you can only use the David Jones Storecard at David Jones, while a David Jones American Express card lets you make payments anywhere American Express is accepted.
Compare these store cards trending now
Check out the rewards, benefits and annual fees available on these popular store credit cards:
|Card||Earn rate||Other benefits||Annual fee|
|David Jones American Express Platinum Card||4 points per $1 spent at David Jones|
3 points per $1 spent at major supermarkets and petrol stations
1 point per $1 spent everywhere else
|David Jones American Express Platinum Card - Qantas Frequent Flyer||3 Qantas Points per $1 spent at David Jones|
2.25 Qantas Points per $1 spent at major supermarkets and petrol stations
0.75 Qantas Points per $1 spent everywhere else
|Myer Credit Card||3 MYER one shopping credits per $1 spent on eligible purchases at Myer|
Up to 3 MYER one shopping credits per $1 on eligible purchases with MYER one affiliates
1 MYER one shopping credit per $1 spent on eligible purchases everywhere else
|Coles Platinum Rewards Mastercard||2 flybuys points per $1 spent on eligible purchases||$99|
|Woolworths Qantas Platinum Credit Card||1 Qantas Point per $1 spent on eligible purchases up to $2,500 per statement period|
0.5 Qantas Points per $1 spent above $2,500 per statement period
1 additional Qantas Point per $1 spent on selected Qantas products and services
|$99 annual fee for the first year ($169 thereafter)|
How to compare store credit cards
As well as comparing the benefits of a store card, make sure you consider the following features so you can find one that suits your needs:
- Acceptance. Make sure the card is an American Express, Mastercard or Visa option if you want to be able to use it outside the associated store.
- Annual fee. Most store credit cards in Australia have an annual fee, which could be as low as $69 or as high as $295 depending on the card.
- Interest rates. Store credit card interest rates typically range from 19.99% p.a. to 20.74% p.a. (variable) for purchases but could be higher for cash advances.
- Payment plan rates and fees. If your store card offers long-term payment plans for in-store purchases, make sure you check for establishment and maintenance fees. For example, the interest-free instalment payment options available with a David Jones card attract a $35 establishment fee and a $2.95 monthly account-keeping fee. There are also interest rates that may apply if you don’t pay the balance off by the end of the payment plan period.
- Balance transfer. If you have existing card debt you’d like to transfer to a new store credit card, you may be able to get a promotional 0% interest rate if you request the transfer at the time of your application. Just remember to check the standard rate that will apply to the debt if you don’t pay it off during the introductory period.
Other credit cards with in-store benefits
While not technically store cards, you can get interest-free payment plans for a wide range of stores with an HSBC credit card.
Store credit cards can help you get more benefits when you regularly shop with a particular brand or store. Just remember to look at all the features and fees of the card, then compare a range of options so that you can find one that suits your needs.
Frequently Asked Questions
Want to know more about store cards? Here, you’ll find answers to the most common questions we get about these credit cards. If you have a specific question, you can also get in touch with us using the comment box below.