Chocolate lovers beware the 424% Christmas novelty treat markup

Kelly Emmerton

13 Dec 2017

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If you’ve got a chocolate-lover in your life, you might have been eyeing off the chocolate baubles, boots and santas filling grocery store shelves this month.

But while we hate to be the Christmas grinch, Mozo has done some research into these festive treats and found that markups as high as 424% are being applied to silly season chocolates.

Lindt was the worst offender, with its Santa Boot priced at more than four times the cost of a regular block of Lindt chocolate per 100 grams, and it’s Chocolate Balls Gift Box marked up by 169%.

“Christmas treats often come with extras - for example, the Lindt Santa Boot includes a flocked boot with pom poms and a fur trim - which could explain the markup. The question is, do you really want to pay extra for these novelties?” said Mozo Director Kirsty Lamont.

“I know that in my house, things like that are quickly forgotten and just become clutter that I later have to throw out.”

The Christmas Chocolate Naughty List

                            

The good news for those with a sweet tooth, is that there were also some treats that didn’t come with a skyhigh markup - and in fact, some Christmas novelties will even cost Aussies less than a normal chocolate this year.

“There are a number of options that get into the Christmas spirit, with barely any markup at all. Cadbury Favourites Star Tin actually even comes out slightly cheaper than a regular block of Dairy Milk,” said Lamont.

“So by choosing your festive treat wisely, it is possible to join in on the fun without breaking the bank.”

The Christmas Chocolate Nice List

                           

Adding some festive treats to your Christmas shopping list? Make sure you’re ready to pay for it by having your credit card at the ready. And if you don’t have one yet, check out our low rate credit card options below to get geared up for next year’s spending.

Low rate credit cards - December 2017 - rates updated daily

  • American Express Essential Credit Card

    0% p.a. for 12 months and then 14.99% p.a. (3.00% balance transfer fee)

    14.99% p.a.

    $0

    Receive a $50 Dining Credit when you apply by 13 March 2019, are approved and meet spend criteria. Earn up to 1 Membership Rewards point for every $1 spent. Point redemption rates will change as of 15 April 2019. Credit Card Provider of the Year in the Mozo Experts Choice Awards 2018.^

    • 0% p.a. for 12 months and then 14.99% p.a. (3.00% balance transfer fee)

    • $0

    • 14.99% p.a.

    • 55

    • Transfer points to a range of airline programs or redeem your points for travel, gift cards, retail rewards and shopping gift cards.

    Read our Mozo Review to learn more about the Essential Credit Card

    Details Close

  • CUA Low Rate Credit Card

    0% p.a. for 13 months and then 21.74% p.a.

    11.99% p.a.

    $49 $0 in the first year

    0% balance transfer rate for 0.0 months & up to 13 interest free days. No annual fee for the first year and $49 after.

    • 0% p.a. for 13 months and then 21.74% p.a.

    • $49 $0 in the first year

    • 11.99% p.a.

    • 55

    • 21.74% p.a.

    • 2.00%, Min $3.50

    Read our Mozo Review to learn more about the Low Rate Credit Card

    Details Close

  • ANZ Low Rate

    0% p.a. for 15 months and then 21.74% p.a.

    12.49% p.a.

    $58

    With a low interest rate on your purchases and 0.0% p.a. on balance transfers for the first 15 months (T&Cs apply), this card makes for easy everyday spending. Apply online in just five minutes, and receive an answer in 60 seconds.

    • 0% p.a. for 15 months and then 21.74% p.a.

    • $58

    • 12.49% p.a.

    • 55

    • 21.74% p.a.

    • 2%

    Read our Mozo Review to learn more about the Low Rate

    Details Close

  • Bankwest Breeze Mastercard

    0% p.a. for 26 months and then 12.99% p.a. (2.00% balance transfer fee)

    0% p.a. for 6 months then 12.99% p.a.

    $79 $0 in the first year

    0% purchase rate for the first 6 months, then moving to 12.99% thereafter, great for consolidating debt. 0% p.a. on balance transfers for 26 months (2% BT fee applies)

    • 0% p.a. for 26 months and then 12.99% p.a. (2.00% balance transfer fee)

    • $79 $0 in the first year

    • 0% p.a. for 6 months then 12.99% p.a.

    • 55

    • 21.99% p.a.

    • 2%, Min $4.00

    Read our Mozo Review to learn more about the Breeze Mastercard

    Details Close

  • Apply By 31 March 2019

    Citi Clear Platinum

    0% p.a. for 14 months and then 21.74% p.a.

    12.99% p.a.

    $99 $0 in the first year

    0% p.a. for 14 months – no balance transfer fee. Enjoy a $0 annual fee in the first year, reverting to $99 thereafter. Enjoy a bottle of wine with the Citi Dining Dining Program.

    • 0% p.a. for 14 months and then 21.74% p.a.

    • $99 $0 in the first year

    • 12.99% p.a.

    • 55

    • 21.74% p.a.

    • 3.5%, min $3.50

    Read our Mozo Review to learn more about the Clear Platinum

    Details Close

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