A platinum credit card that offers reward points, discounts, a 0% p.a. balance transfer offer and $0 annual fee for the first year.
The Woolworths Everyday Platinum Credit Card functions as a conventional credit card and is suited to people who spend money at outlets like Woolworths Supermarkets, Woolworths Liquor, and BWS. This is because you stand to get extra reward points when you use this card at these establishments. Plus, you'll get to earn $50 Woolworths eGift Card if you apply by 30 June 2018 and make a purchase by 31 July 2018.
Standard reward points apply when you use this card with other merchants. This card also doubles as your Woolworths Rewards card and allows you to convert your points to Qantas Points and receive member discounts at Woolworths. Rewards come in the form of Woolworths Shopping Cards that you receive every four months, the value of which depends on the points you accumulate.
| Product Name | Woolworths Everyday Platinum Credit Card |
|---|---|
| Rewards Program | Woolworths Rewards |
| Balance transfer rate (p.a.) | 0% p.a. for 14 months |
| Balance Transfer Revert Rate The interest rate after the balance transfer ends. | Cash Advance Rate (21.99% p.a.) |
| Purchase rate (p.a.) | 19.99% p.a. |
| Offer end date | 30 June 2018 |
| Annual fee | $0 p.a. annual fee for the first year ($49 p.a. thereafter) |
| Interest Free Period The interest-free period on purchases is the period or number of days you do not have to pay interest on your card purchases. You will be charged interest either from the day you make a purchase or from the statement date, unless you pay the closing balance in full by the due date (or within the interest-free period) on your statement. | Up to 55 days on purchases |
| Cash advance rate (p.a.) | 21.99% p.a. |
| 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. | $6,000 |
| Card Type | Visa |
| Foreign Currency Conversion Fee (VISA) Foreign currency conversion fees are charged when you make a transaction that is converted by a credit card network, such as MasterCard, Visa or American Express, from Australian dollars to a foreign currency. You’ll also incur a currency conversion fee if you make a purchase or obtain a cash advance in Australian dollars while overseas or shopping online with a foreign merchant or financial institution. | 3% of transaction value |
| Complimentary Travel Insurance | No |
| Minimum Income | $30,000 |
|---|---|
| Minimum Age | 18 years of age |
| Available To Temporary Residents | No |
| Joint Application | No |
| Annual fee | $0 p.a. annual fee for the first year ($49 p.a. thereafter) |
|---|---|
| Minimum Monthly Repayment | 2.5% of the closing balance or $50, whichever is greater |
| Late Payment Fee | $35 |
| Cash Advance Fee | $5 or 3% of the value of the transaction, whichever is the greater |
| Foreign Currency Conversion Fee Foreign currency conversion fees are charged when you make a transaction that is converted by a credit card network, such as MasterCard, Visa or American Express, from Australian dollars to a foreign currency. You'll also incur a currency conversion fee if you make a purchase or obtain a cash advance in Australian dollars while overseas or shopping online with a foreign merchant or financial institution. | 3% |
| Additional Cardholder Fee | $9 |
| Number of Additional Cardholders | 4 |
Pros
- Receive a $50 eGift Card when you apply by 30 June 2018 and make an eligible purchase by 31 July 2018.
- Enjoy a waived annual fee for the first year.
- This card comes with a 0% p.a. for 14 months balance transfer offer.
- You'll also receive cashback in the form of Woolworths Shopping Cards.
- Get 10% off on your first Woolworths shop on selected dates each month.
- This card provides automatic room upgrade and allows late checkout at Visa Luxury hotels.
Cons
- Rewards are automatically redeemed in four-month intervals. This gives the cardholder minimal control over the frequency of redeeming rewards and may restrict people from using the voucher when it's convenient for them.
- The promotional balance transfer offer reverts to the standard cash advance rate of 21.99% p.a. at the end of the introductory period. This means that if you're unable to pay your balance by the end of the promotional period, you'll begin accruing interest on the balance and could lose the savings made initially.
| Rewards Program | Woolworths Rewards |
|---|---|
| Rewards Points per $ spent (VISA/MC) | 1 |
| Rewards Points per $ (VISA/MC) Cap | Uncapped |
Woolworths Everyday Platinum Credit Card review
The Woolworths Everyday Platinum Credit Card provides platinum card benefits and can reward you with up to 3 points for every dollar spent. You can accumulate your points in many retail outlets and shops around Australia, plus earn bonus points when you shop at Woolworths and BWS. Points never expire and there's no cap, so you can accumulate as many points as your purchases attract.
Benefits of the Woolworths Everyday Platinum Credit Card
- Annual fee. Pay $0 for the first year and $49 each subsequent year.
- Balance transfer offer. Receive 0% p.a. for 14 months on balance transfers if you apply by 30 June 2018.
- $50 Woolworths eGift Card. The $50 eGift Card can be earned by new primary Woolworths Platinum credit cardholders who apply by 30 June 2018 and make an eligible purchase by 31 July 2018. The gift card will be sent to the cardholder's registered email on their Woolworths Everyday Platinum account 8 weeks after the eligible purchase has been made.
- Rewards. Earn 3 points for every dollar spent on Woolworths Select and Woolworths brand range of products. Earn 2 points for every dollar spent on items you buy at Woolworths Supermarkets, BWS, Dan Murphy’s, and more. For all other eligible purchases, earn 1 point for every dollar you spend. Woolworths Shopping Card Reward Points don't expire so long as your account remains open.
- Interest-free period. You can take advantage of up to 55 days of interest-free purchases if you pay your account balance in full by each monthly due date. This includes any balance transfers, excluding promotion-related interest-free finance balances.
- Visa Luxury hotel collection access. This provides an automatic room upgrade and late check-out, complimentary continental breakfast, free in-room internet daily and a $25 food and beverage voucher.
- 24/7 platinum concierge service. The platinum concierge is at your service at the click of a mouse or a phone call, anytime in the world to help your lifestyle with services such as bookings and restaurant recommendations.
- Cashback as Woolworths Shopping Cards. Every time you use your card to make an eligible purchase, you'll earn Credit Card points towards a Woolworths Shopping Card to redeem in-store at Woolworths supermarkets and its partners (such as Big W, BWS and Dan Murphy's). When you earn 4,000 points, you'll receive a $20 Shopping Card every 4 months.
- Discounts & extras. Receive the following discounts and extras with your Woolworths Everyday Platinum Credit Card:
- 10% off your monthly shop. You'll receive 10% off your first in-store or online shop at Woolworths on a select dates each month when you scan or enter the barcode on the back of your credit card and pay with your Woolworths Everyday Platinum Credit Card. This applies to a maximum purchase amount of $500 and excludes Tasmania stores.
- Cellarmasters. Receive 50% off selected wine cases at Cellarmasters.
- Woolworths. Provides discounts of up to 10% off Woolworths Insurance including car, home, pet and travel insurance (excluding life insurance).
- Globally accepted. Since this is a Visa card, you can use it at over 30 million locations worldwide, and this includes access via ATMs and EFTPOS. Its PayWave technology enables quicker checkouts at merchants who support this technology.
Features of the Woolworths Everyday Platinum Credit Card
- Purchase rate. The purchase rate for this platinum card is 19.99% p.a.
- Cash advance rate. The cash advance rate for this platinum card is 21.99% p.a.
- Visa PayWave. Allows you to wave and go for purchases under $100 for quicker transactions and saving time
- Purchase security and wallet guard. Your Woolworths Everyday Platinum Credit Card comes with complimentary purchase security and wallet guard for peace of mind.
How to apply for the Woolworths Everyday Platinum Credit Card
You can apply for the Woolworths Everyday Platinum Credit Card by completing the online application. Ensure you meet the eligibility criteria, which include the following:
Eligibility criteria
- You must be over 18 years old.
- Your annual gross earnings before tax should be at least $30,000.
- A good credit history is necessary.
- Only Australian permanent residents may apply.
Information you may need
You should have the following information ready, should it be needed.
- Your income and monthly expenses.
- If you have one, your current Woolworths Rewards number to link to the account.
If you shop at outlets associated with Woolworths, you might want to consider the benefits of a Woolworths Everyday Platinum Credit Card, but make sure you compare it with others before you make your decision.
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Woolworths Card quote. “When you earn 4,000 points, you’ll receive a $20 Shopping Card every 4 months.”
So if I earn more than 4000 points (say 12000) will I receive a shopping card to the value of $60 every 4 months?
Is this card compatible with Samsung Pay?
Hi Lindsay,
Thanks for your message and for visiting finder – the leading comparison website & general information service built to give you advice in your buying decision needs. How are you doing today?
To answer your questions:
1. So if I earn more than 4000 points (say 12000) will I receive a shopping card to the value of $60 every 4 months?
Points are subject to the Woolworths Shopping Card Rewards Program Terms and Conditions. As per their website,“Every 4 months, points are automatically converted to a Woolworths Shopping Card redeemable at participating Woolworths Group stores. Participating stores may change from time to time. The Shopping Card expires 90 days after date of issue. Minimum of 4,000 points is required to receive a $20 Shopping Card”
You may confirm with the card company if you will receive more than 1 card if you earn more than $4000 points.
Is this card compatible with Samsung Pay?
You can use the Woolworths Money app to make payments with your card. As for Samsung Pay, you may have to inquire this with the card company.
Please note that we’re a product comparison website and we do not represent any company we feature on our site. We provide general information on products to assist you in your buying decision process hence we cannot recommend product / service that is rightfully fit for you.
Hope this helps! Feel free to message us anytime should you have further questions.
Cheers,
Nikki
Hi there,
Is the additional cardholder fee a one off or an annual charge?
Thank you
Hi Sophie,
Thanks for your question. The additional cardholder fee of $9 is annual fee.
Cheers,
Liezl
Is there a redemption vs earnings ratio for each card?
For example, one point per dollar spend will earn 0.015 redemption value for say a gift card. I understand that a gift card redemption ratio MAY differ from airline miles for a card but let’s consider a gift card or cash back if the same.
This ratio would enable a benefits comparison.
Hi Rajarab, thanks for your recommendation!
We have forwarded this to our development team for consideration.
Thanks,
Jonathan
Hello,
if i do a balance transfer which has 14 months interest free, do i still get 55 days interest free on all other purchases made during that 14 months?
Hi Wendy,
Thanks for your inquiry. Please note that we are not affiliated with Woolworths or any company we feature on our site and so we can only offer you general advice.
With the Woolworths Everyday Platinum Credit Card, you will not receive the interest-free days on purchases unless your balance has been paid in full (excluding any Interest Free Finance promotions). This means that while you carry a balance transfer debt, you will not be able to take advantage of interest-free days on purchases.
Best regards,
Rench
Where is the list of dollar for point retailers where this can be used to earn points?
Hi Chris,
Thanks for your inquiry
You may earn 3 points for every dollar spent on Woolworths Select and Woolworths brand range of products. Earn 2 points for every dollar spent on items you buy at Woolworths Supermarkets, BWS, Dan Murphy’s, and more. For all other eligible purchases, earn 1 point for every dollar you spend. Woolworths Shopping Card Reward Points don’t expire so long as your account remains open.
You may check the complete list of stores at Woolworths Website.
Hope this information helps
Cheers,
Arnold
Hi there,
Can you please confirm that in addition to 0% interest on balance transfers that there is no balance transfer fee also.
Thanks,
Suzanne
Hi Suz,
Thank you for your inquiry. Yes, this card doesn’t have a balance transfer fee. ;-)
Should you wish to consider other cards with no balance transfer fees, you may check this page. You may check their Balance Transfer Terms and Conditions on the card issuer’s page or speak to one of their consultants if you need further information about their products.
Hope this helps.
Cheers,
Jonathan
Hi there, can payments be made at Woolworth’s store and what is the minimum credit limit eg $3000?
Can I put cash into my credit card at a woolies supermarket so there is a credit balance
Hi Trina, thanks for your inquiry.
You can load your credit card into a ‘credit’ balance, but not through a Woolworths. You will have to transfer to your credit card account online or through branch.
Best,
Jonathan
Hi Krista,
You may refer to this page on Where You Can Pay Your Woolworths Credit Card Bill which includes any Woolworths supermarket or Big W store.
Also, as of this writing, the minimum credit limit stated on this page is $6000.
Before applying, please ensure that you meet the eligibility criteria and requirements and to read the details, as well as the relevant Product Disclosure Statements/ Terms and Conditions of the option before making a decision and consider whether the product is right for you.
Best,
Maria
What constitutes an “eligible purchase”?
Hi Chris,
Thank you for your inquiry.
1 point earned for every $1 spent on other eligible purchases. Points are not earned on cash advances, balance transfers or other restricted transactions detailed in the Woolworths Shopping Card Rewards Program Terms and Conditions.
I hope this information has helped.
Cheers,
Harold
Thanks Harold. The reason I was asking is because you need to make an “eligible purchase” before you get the gift card bonus thingy. Is an “eligible purchase” basically anything other than those things you’ve listed, plus what appears at the Woolworths site (e.g. gambling transactions, etc.)?
Hi Chris,
Thank you for your inquiry.
Yes, in general it has an exclusion. To make sure you only avail the eligible purchases you would need to read first the Woolworths Shopping Card Rewards Program Terms and Conditions.
I hope this information has helped.
Cheers,
Harold18
Where can I find the Woolworths Shopping Cards Rewards Program T’s & C’s to confirm which are eligible purchases in terms of the gift card redemption please?
Hi Dee,
Thanks for leaving a question on finder.
I have emailed you the T&C for this card. Eligible purchases are generally defined as everyday purchases which involve the exchange of a good or service for a payment.
Points are not accrued in respect of the following amounts that
may be charged to your Account:
• GST and government charges (including fines paid to any
government agency)
• payments made to the Australian Tax Office
• interest and other bank fees and charges (including any GST
payable on any of these)
• BPAY® payments, ie bill payments and other payments made
through the BPAY Electronic Payments Scheme
• cash advances
• transactions for items that are directly convertible to cash
(including, but not limited to, purchase of foreign currency and
travellers cheques) or cash equivalent transactions
• balance transfers
• transactions deemed by us to be for operating a business or in
connection with business expenditure
• transactions that are reversed (refunds)
• payments for credit card protection insurance
• transactions used for gambling purposes (including gambling
chip and lottery ticket purchases).
Spending on these items on your Card will not be eligible Purchases.
We reserve the right to suspend or exclude you from participation
or continuing to participate in Woolworths Money Shopping Card
Rewards Program if:
(i) you are in breach of the Conditions of Use or these Woolworths
Money Shopping Card Rewards Program Terms and Conditions
(ii) your Account is suspended, cancelled or terminated.
Any accrued points which have not yet been redeemed as a
Shopping Card will be retained by us until your Account is no longer
in breach of the Conditions of Use or suspended. You will continue
to accrue points on your Account during this period.
Cheers,
Joel
To convert Woolworths reward points to Qantas Frequent Flyer points is it 1 for 1 or what is the conversion rate
Hi Judy,
Thanks for reaching out!
Woolworths Rewards members can earn up to 3 Woolworths Point per $1 spent at Woolworths supermarkets, Woolworths online and BWS.
On this page you can read a more detailed explanation and you can enter how much you’d usually spend each week at Woolworths and its partners to calculate how many Qantas Points you could earn each week or year.
Cheers,
Joanne
What is the conversion rate when converting Woolworths Rewards points to Qantas Points? How many Qantas Points can I get if I wanted to convert 100 Woolworths Rewards points?
Hi Peter,
Thank you for your enquiry.
You can convert your earned $10 Woolworths Dollar into 870 Qantas Points.
Please note that you’ll need, at least, 2000 Woolworths points to redeem $10 Woolworths Dollars.
Once you convert your $10 Woolworths Dollar into 870 Qantas Points, please allow up to 7 days for your Qantas Points to appear in your Qantas Frequent Flyer account.
I hope this helps.
Kind regards,
Jason
hi, what is the maximum limit for this credit card?
Hi Dtan,
Thank you for reaching out to us.
As of this writing, the Woolworth’s website does not have a maximum credit limit stated for their Woolworths Everyday Platinum Credit Card.
You may want to confirm this with Woolworths directly through their contact number found on their page.
Best,
Maria