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

  • Promoted

    St.George Vertigo

    0% p.a. for 22 months and then 21.49% p.a. (1.50% balance transfer fee)

    0% p.a. for 7 months then 13.99% p.a.

    $55 $0 in the first year

    Enjoy 0% p.a. for 22 months on balance transfers at card application. 1.5% balance transfer fee applies. Rate then switches to applicable variable cash advance rate. Plus, 0% p.a. on purchases for 7 months. Rate then switches to applicable variable purchase rate. First year annual card fee waived for the first year ($55 thereafter). Available to new cards only, Eligibility criteria and T&Cs apply. Offer ends September 30th 2020.

    • 0% p.a. for 7 months then 13.99% p.a.

    • 0% p.a. for 7 months

    • 0% p.a. for 22 months and then 21.49% p.a. (1.50% balance transfer fee)

    • 21.49% p.a.

    • 55

    • 0.0

    • 3.00%

    • $55 $0 in the first year

    • $15.00

    • 2%, Min $2.50

    Read our Mozo Review to learn more about the Vertigo

    Details Close

  • Promoted

    Hot Deal $200 Cashback Offer (T&Cs apply)

    Westpac Low Rate

    0% p.a. for 20 months and then 21.49% p.a. (1.00% balance transfer fee)

    13.74% p.a.

    $59

    Enjoy 0% p.a. interest on balance transfers for the first 20 months. Get $200 cashback with $1k minimum spend on eligible purchases within 90 days of card approval. 55 interest free days and low on-going rate of 13.74% on all purchases.

    • 13.74% p.a.

    • -

    • 0% p.a. for 20 months and then 21.49% p.a. (1.00% balance transfer fee)

    • 21.49% p.a.

    • 55

    • 3.00%

    • $59

    • $15.00

    • 2%, Min $2.50, Max $150

    Read our Mozo Review to learn more about the Low Rate

    Details Close

  • Promoted

    NAB StraightUp Card ($10/month - $1,000 Credit Limit)

    No current offer

    0% p.a.

    $120 $10/month - waived if no spend & no balance owing

    Pay no interest and no late payment fees, just a $10 monthly fee for a $1,000 credit limit. Plus, if you don't make any purchases and have an outstanding balance of $0 during the whole statement period, the monthly fee will be reversed. Also pay no foreign currency fees when you shop online or overseas.

    • 0% p.a.

    • -

    • No current offer

    • 0

    • 0%

    • $120 $10/month - waived if no spend & no balance owing

    • $0.00

    • n/a

    Read our Mozo Review to learn more about the StraightUp Card

    Details Close

  • Promoted

    Bank of Melbourne Vertigo

    0% p.a. for 22 months and then 21.49% p.a. (1.50% balance transfer fee)

    0% p.a. for 7 months then 13.99% p.a.

    $55 $0 in the first year

    Get 22 months 0% interest on balance transfers at card application (1.5% balance transfer fee applies). Plus, get 0% p.a. on purchases for 7 months. Rate then switches to applicable variable purchase rate. Pay no annual card fee for the first year ($55 thereafter). New cards only, Eligibility criteria and T&Cs apply. Offer ends September 30th 2020.

    • 0% p.a. for 7 months then 13.99% p.a.

    • 0% p.a. for 7 months

    • 0% p.a. for 22 months and then 21.49% p.a. (1.50% balance transfer fee)

    • 21.49% p.a.

    • 55

    • 0.0

    • 3.00%

    • $55 $0 in the first year

    • $15.00

    • 2%, Min $2.50

    Read our Mozo Review to learn more about the Vertigo

    Details Close

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