Store Credit Cards

Many Australian Department Stores offers loyalty programs and rewards programs tied to a credit card offer. Compare the available store credit cards to find the which suits for your needs.

A number of Australian retailers offer credit cards to patrons to reward customer loyalty. These store credit allow you to pay for purchases and earn rewards points you can use for in-store discounts or travel rewards. However, store credit cards can sometimes come with high-interest rates and have proven to be an expensive way to shop if used improperly. Here we compare some of the store credit cards available to Australians to help you pick the one for you.

Store Credit Card Comparison

Rates last updated September 27th, 2017
Name Product Bonus Points Rewards Points per $ spent (VISA/MC) Rewards Points per $ spent (AMEX) Purchase rate (p.a.) Annual fee Product Description
David Jones American Express
20,000 bonus points
20.74% p.a.
$99 p.a.
Receive benefits through David Jones including complimentary standard delivery, gift wrapping and invites to exclusive fashion events.
NAB Rewards Classic Card
25,000 bonus points
19.99% p.a.
$95 p.a.
Earn 0.75 NAB Rewards Points per $1 spent and receive complimentary purchase protection insurance.
David Jones American Express Platinum Card
40,000 bonus points
20.74% p.a.
$295 p.a.
Receive invitations to exclusive Season Launch Parades and fashion events, complimentary priority delivery and personal shopping perks.
NAB Rewards Platinum Card
50,000 bonus points
19.99% p.a.
$195 p.a.
Collect 50,000 bonus points when you spend $2,500 on everyday purchases within 60 days of account opening.
Woolworths Everyday Platinum Credit Card
19.99% p.a.
$0 p.a. annual fee for the first year ($49 p.a. thereafter)
Receive a $50 eGift Card when you apply by 31 December 2017 and make an eligible purchase by 31 January 2018.
David Jones American Express Platinum Card - Qantas Frequent Flyer
30,000 bonus points
20.74% p.a.
$295 p.a.
Fly faster with up to 3 Qantas Points per $1 spent and receive complimentary travel insurance when travel is booked on your card.
NAB Rewards Business Signature Card
75,000 bonus points
18.50% p.a.
$175 p.a.
Earn 75,000 bonus points when you spend $4,000 on everyday purchases in the first 60 days of account opening.

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What are the features of a store credit card?

Store credit cards work like regular credit cards. These main features are common among all store credit cards:

    • Rewards. You get rewarded with points for every dollar you spend at certain retailers. Rewards points can be redeemed for discounts on certain items, goods and travel rewards.
    • Interest-free. Some store credit cards offer interest-free terms when you sign up. These offers allow you to buy now and pay later; however, a high rate of interest can be charged when the promotional offer expires. Store credit cards also offer up to 55 days interest-free on purchases if you pay your balance in full each month.
    • Interest charges. Ongoing rates of interest can be higher than what is charged on other products. Be sure to compare all credit card types before you apply so you can find the credit card that is right for you.
    • Annual fee. An annual fee may be charged by the card issuer when you apply for a store card.
    • Balance transfers. If you need to consolidate debt, a store credit card that comes with a promotional balance transfer offer could be of interest.

Overview of Australian store credit cards with loyalty programs

Some of the most popular store credit cards in Australia include:

  • Woolworths Everyday Money. Everyday Money offers a Platinum Visa and a Platinum Qantas credit card. The Platinum Visa rewards you with Everyday Money points to use at the checkout; while the Qantas card gives you Qantas Points when you spend. The Platinum Everyday Money Visa is the type of account that has a tiered earn rate depending on where you shop.
  • Coles Mastercard. Coles have a couple of Mastercard credit cards: a low rate and no annual fee credit card and a rewards Mastercard linked to the flybuys customer loyalty program. You can also earn flybuys points with the Coles No Annual Fee Mastercard, albeit at a lower 0.5 points per dollar spent. The Coles Rewards Mastercard deserves a mention for the currency conversion fee waiver on international purchases.
  • David Jones American Express. David Jones and American Express have a partnership across a couple of different credit card products which includes a Platinum American Express. Cardholders are rewarded with American Express Membership Rewards Points. American Express Membership Rewards is one of the most versatile rewards programs. You can transfer your points to frequent flyer partners and even earn rewards points paying your tax bill.

The Latitude Mastercard and the HSBC Low Rate Credit Card are also worth bringing up. Although these credit cards are not offered by a retailer, like the David Jones American Express and the Coles Mastercard, the Latitude card and HSBC card have promotional offers when you shop at particular retailers.

Pros and cons of using a store credit card


  • Rewards. Store credit cards reward you with points you can use to shave a few dollars off your next shop or purchase.
  • Bonuses. Some store credit cards have sweeteners like gift vouchers or bonus point on signup.
  • Shopping benefits. You may be eligible for exclusive extras like interest-free finance and free shipping or gift wrapping when you use your store credit card to make a purchase at participating retailers.


  • Interest rates. Store credit card debts generally accrue interest at a higher rate than other credit cards.
  • Limitations. You may earn less points per dollar spent when you shop at a retailer not affiliated with the store card provider.

How to apply for a store credit card

You can click the links on this page to apply for one of these store credit cards. You will be directed to the card provider’s website and a secure online store credit card application. The application takes only ten minutes to complete and you get a response about the status of your application within minutes.

Each store credit card has a list of eligibility requirements, but some of the general requirements you can expect include:

  • Aged 18 years or older
  • Australian resident
  • Meet a certain minimum annual income

You may also be asked to provide the following information:

  • Identification (such as a driver’s licence)
  • Details of your income, assets, expenses and liabilities

You can find the specific eligibility requirements for each card by referring to our card reviews.

A credit card from your favourite retailer can seem like a good way to cash in on your purchases. As there are many available on the market, your ideal bet is to consider your spending habits and compare your options before applying.'

Frequently asked questions

Yes, you can use a store credit card to make purchases anywhere Visa, Mastercard or American Express is accepted. You may be subject to a reduced earn rate when you make a purchase at a retailer that has no affiliation to the card provider. Check the terms and conditions for specific information about transactions that are eligible and ineligible to earn points.

If the product has an active balance transfer promotion. you can transfer your credit card debt to a store credit card. Generally, you elect to transfer a balance from another credit card at the point of application for the new product.

Some store credit cards have an extended interest-free promotion on purchases. We put this information in our store credit card comparison tables. Even if there is no interest free promotional offer, you may still receive interest-free days on your purchases. Just be sure to pay your account in full each month and you won’t get charged any interest on the purchases you make during the next statement period.

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Credit Cards Comparison

Rates last updated September 27th, 2017
Name Product Purchase rate (p.a.) Balance transfer rate (p.a.) Annual fee Product Description
NAB Premium Card - Exclusive Offer
19.74% p.a.
0% p.a. for 24 months
$90 p.a.
Until 1 October 2017, exclusive to, enjoy a no BT fee, balance transfer offer with platinum privileges, including travel insurance.
St.George Vertigo Visa
13.24% p.a.
0% p.a. for 18 months with 2% balance transfer fee
$55 p.a.
Receive up to 55 days interest-free on purchases and the ability to make contactless payments with Visa payWave technology.
Virgin Australia Velocity Flyer Card - Balance Transfer Offer
20.74% p.a.
0% p.a. for 18 months
$129 p.a.
Earn 3 bonus Velocity Points per $1 for the first 3 months, a first year annual fee refund and a yearly $129 Virgin Australia Gift Voucher.
St.George Vertigo Platinum
12.74% p.a.
0% p.a. for 24 months with 2% balance transfer fee
$99 p.a.
Offers complimentary travel insurance, complimentary purchase insurance and access to a 24/7 personal concierge service.

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* The credit card offers compared on this page are chosen from a range of credit cards 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.

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