Why I always say no to this Qantas/Woolworths gift card points deal
Key takeaways
- Visa gift cards earn 10 times their value in Everyday Rewards points this week.
- Because you have to pay a purchase fee, the points you earn may end up costing you money.
- What's next: The offer runs until 30 June 2026.
I love bonus points, but you have to assess every offer on its merits.
And that's why I'm not at all excited about this week's Woolworths gift card offer.
From Wednesday 23 June 2026 through until Tuesday 30 June, you'll earn 10 times Everday Rewards points on $50 and $100 Visa gift cards (as long as you scan your Everyday Rewards card). Woolworths last ran this specific offer in January 2026, and before that in October 2025.
Woolworths is promoting bonus points for Visa gift cards this week. Image: Supplied
But there's a big catch.
You have to pay a $5.95 fee to activate the card, and that $5.95 fee eats into the points value.
Consider the $50 card. This will earn 500 Everyday Rewards points, which converts to 250 Qantas Points.
If you redeem those points for flights, you could get 2 cents per point, so that's $5 in value.
But you've paid $5.95 for the card, so you're not coming out ahead.
The $100 card gets you marginally ahead - you'll have around $10 in Qantas Points value, so you're ahead by just over $4.
Want more points right now?
Supercharge your points with a credit card sign-up bonus.
Incidentally, you're limited to 5 cards a day, but that doesn't matter much since there are better ways to earn more points anyway.
If you like keeping a gift card spare for emergency giving, you might as well earn some bonus points from it.
But I'll be passing on this one.
We updated this guide on 23 June 2026 with the latest Woolworths gift card offer.
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