Woolworths Everyday Platinum Credit Card

Pauline Hatch

Pauline is a personal finance expert at CreditCard.com.au, with 8 years in money, budgeting and property reporting under her belt. Ask Pauline a Question about this card.

The Woolworths Everyday Platinum Credit Card

If you’re looking for a low cost platinum rewards card that is big on features, the Woolworths Everyday Platinum Credit Card may just put an end to your search. With an enticing array of introductory offers and a heap of tempting extras, this is one platinum offering that puts the reward into rewards card.

What we love...

Who doesn’t love a good intro offer? The Woolworths Everyday Platinum Credit Card happens to have a pretty amazing introductory offer on the table, providing new cardholders with not one, but two inviting offers. All you need to do to benefit from them is apply and be approved to be eligible..

Here’s how they break down:

• $0 annual fee for the first year, providing you a saving of $49
• 0% p.a. on balance transfers for 14 months from card approval.

Now, what’s to love in the day-to-day? Aside from its introductory offers, the Woolworths Everyday Platinum Credit Card has plenty to keep you interested. For Woolies shoppers, one of the best things about this card has to be its rewards program.

The card lets you earn points as you shop, and then every four months, as long as you have earned enough points, you will receive a shopping card, which can be used across participating Woolworths group stores. The more you spend, the more points you earn, the bigger the reward. And there’s no limit to the number of credit card points you can earn.

• Earn 3 points for every $1 spent on all purchases of Woolworths Select and Woolworths brand range of products.
• Earn 2 points for every $1 spent on purchases at Woolworths Supermarkets, Dan Murphy’s, Cellarmasters, BWS, BIG W and Caltex Woolworths.
• Earn 1 point for every $1 spent on eligible purchases everywhere Visa is accepted, in Australia and overseas.

What’s not so great...

Before you apply for this card, it’s worth taking note of the interest rate applied to purchases and cash advances. While the purchase rate and cash advance rate on this card is about the same as most other platinum cards, it’s high enough that you don’t want to carry a balance.

Also bear in mind that any unpaid balance transfers will revert to the higher cash advance rate at the end of the introductory period.

Why should you choose this card?

One of the most appealing aspects of the Woolworths Everyday Platinum Credit Card is its low annual fee and ongoing discounts and savings at Woolworths group store. And did we mention you get 10% off once a month on selected dates? That saves you up the $50 every month or up to $600 annually! As long as you clear your balance every month to avoid paying interest, this card can help keep your costs low with an affordable standard annual fee. When you take into account the opportunity to earn rewards, and the various features on offer, this card really is good value.

Aside from the introductory offers and rewards program, this card still has plenty to entice you. As a cardholder, you will have access to the Visa Luxury Hotels collection, providing benefits such as free internet, daily continental breakfast for two, room upgrades and late check-out when available, and a $25 food and beverage voucher.

You can also benefit from complimentary Purchase Security Insurance and Wallet Guard, as well as up to 10% off Woolworths insurance. You can take advantage of the services of a 24/7 concierge, access to Visa Entertainment and 50% off selected wine cases at Cellarmasters.

Overall Rating

A feature-packed, low cost platinum rewards card offering an array of introductory offers, including $0 annual fee for the first year and 0% p.a. on balance transfers for 14 months.