Woolworths Qantas Platinum Credit Card
20.49% p.a.
0% p.a. for 14 months and then 20.49% p.a.
$169 $99 in the first year
Qantas Frequent Flyer
Woolworths Qantas Platinum Credit Card
20.49% p.a.
0% p.a. for 14 months and then 20.49% p.a.
$169 $99 in the first year
Qantas Frequent Flyer
Woolworths Qantas Platinum Credit Card
20.49% p.a.
0% p.a. for 14 months and then 20.49% p.a.
$169 $99 in the first year
Qantas Frequent Flyer
Mozo Review Woolworths Qantas Platinum Credit Card Review
Last updated: 17 October 2018.
What's hot:
10% slashed off your weekend grocery bill once a month
0% balance transfer rate for 14 months
1 Qantas Point per $1 spent at Woolworths stores
What's not:
$35 late payment and overlimit fees
3% foreign exchange margin
Mozo snapshot:
Woolworths is a relatively late player to the credit card party but it sure knows how to make an entrance. The Woolworths Qantas Platinum Card comes with a lengthy 0% balance transfer for 14 months and a generous rewards program with Qantas Frequent Flyer. And that's not all, every month you'll receive a 10% discount off your first weekend shop at a Woolworths store, when you pay with the Woolworths Qantas Platinum Card and scan the barcode at the back of the card.
Key features:
The Woolworths Platinum Card comes with a pretty standard purchase rate of 20.49% and $169 annual fee, which is $99 in the first year. There are also up to 55 interest free days on offer to help you stay on top of your balance.
Rewards lovers who shop at Woolies stores will benefit from the $1 spent to 1 Qantas points earning rate, but spenders should be aware that this rate falls to just 0.5 points per $1 spent at other retailers.
You can also earn bonus points by purchasing selected Qantas products and services on the Woolworths Everyday Rewards. Points aren't capped but keep in mind that points are automatically credited to Qantas Frequent Flyer points so you'll need to be a member of the Qantas Frequent Flyer program.
Who it's good for:
The Woolworths Qantas Platinum Card is definitely an option for dedicated Woolworths shoppers who want to keep working on their Qantas Frequent Flyer point stack.
Any catches?
Leave the card at home when you travel or expect to be stung by a 3% foreign exchange margin. Also, this is not a card that forgives occasional lapses in budget diligence. If you go over the credit limit or make late payments, be prepared to be stung by a $35 fee.
Rewards program details
Rates and fees information correct as at 17 October 2019. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.What your points get you
Fly Sydney to London return
110,400 points
Fly Sydney to Melbourne one-way
8,000 points
$100 Giftcard
18,040 points
$100 Cash
-
Points earning
0.5 points per dollar on Visa, uncapped
Rewards scheme
Points are automatically credited to the Qantas Frequent Flyer program.
All rewards are redeemed via Qantas Frequent Flyer.
Double points at Woolworths and Woolworths Group stores.
Value of rewards points
Spend $36,080 (Visa)
Spend $16,000 (Visa)
Spend $220,800 (Visa)
Uncapped
Never
How do we calculate these points?
How do we calculate the rewards?
To work out the "Rewards value minus fees" in our Rewards Revealer we:
calculate how many points you'd get each year,
figure out how many flights or gift cards or cashback credits you could get for those points,
work out what that's actually worth to you,
take off the annual fee you'd pay.
More details:
Our calculations are designed to help you compare the value of different rewards schemes. To do this, we've looked at earning a one-way Sydney-Melbourne flight excluding taxes and charges, a return Sydney-London flight excluding taxes and charges, a $100 shopping Gift Card and $100 cashback. Most cards will also offer other rewards, which may be worth more or less than the ones we've shown.
We have made no allowance for bonus points for using your card at specific merchants, introductory offers or special offers. We have not assigned any value to instant discounts, insurances, ticketing and concierge services or other such benefits.
Rewards value calculations do not take credit card interest into account. If you do not pay off your card each month you may be better off looking for a card based on interest rates than on the value of rewards.
In products that have more than one card, a different mix of spend between American Express / Visa / Mastercard will give different results. Mozo's Rewards Revealer lets you choose the mix based on the way you would use such a product, and gives you tailored results.
We assume flights purchased with airline points are 'classic' or 'reward' economy seats with restricted seat availability. 'Any seat' rewards will probably cost more.
To compare the value of flight rewards, we sample online retail flight prices once a quarter based on the average price on a Wednesday 3 months in advance but outside NSW school holidays. For domestic flights we take the lowest available fare from each flight on that day from Qantas Red e-deal, Virgin Australia Saver including baggage and Jetstar Starter including baggage. We calculate the average price excluding taxes and surcharges for each airline, and also the average across all airlines (which we use when rewards are travel agent vouchers). For international flights, we take the lowest available fares on that same Wednesday from each of Qantas, Emirates, Malaysian, Etihad, Singapore, Cathay Pacific and Thai, assuming a return flight 2 weeks later, calculate the average price before taxes and surcharges and use this as our assumed cost of a flight on any airline.
Shopping rewards are based on $100 gift cards from a major national department store.
We make every effort to ensure our calculations are correct and up to date but make no guarantees.
Rate and fee details
Rates
-
20.49% p.a.
-
none
-
0% p.a. for 14 months and then 20.49% p.a.
-
yes
-
20.49% p.a.
-
55
Fees
-
$169.00
-
$99 in the first 1 year
-
none
-
none
-
$35.00
-
3%, minimum $5
-
3.00%
-
$7.00
-
$8.00
-
$29.00
Features
-
$50.00
-
2.5
-
1
-
none
Payment options
Apple Pay
Rewards privileges
Concierge,
Travel Insurance,
Extended Warranty,
Purchase Protection,
Rental Car Excess Cover
Customer Reviews
How are Woolworths credit cards rated by the Mozo community?
Latest reviews of Woolworths Qantas Platinum Credit Card
- Overall10/10
The best
The best bank ever
Read full review
The best bank ever
Price10/10Features10/10Customer service10/10Convenience10/10Trust10/10Less
Dawlat | New South Wales
reviewed 9 days ago
- Overall2/10
Removal of loyalty program detrimental
Since they removed the Qantas Frequent Flyer program they are of no further use to me.
Read full review
Since they removed the Qantas Frequent Flyer program they are of no further use to me.
Price5/10Features0/10Customer service2/10Convenience2/10Trust1/10Less
Peta julie | New South Wales
reviewed over 3 years ago
- Overall0/10
There is nothing platinum here....
Works ok until God forbid there is a problem or you have a query to sort out - then the customer...
Read full review
Works ok until God forbid there is a problem or you have a query to sort out - then the customer service is simply dreadful. We had this card for 5 yrs, then they recently capped the FF points, increased the fees for both primary and 2nd cardholder and recently managed to charge us $265 in late payment/interest fees - as they somehow cancelled our direct debit by mistake. Not only that but it took x5 long telephone calls, x6 emails and x4 letters over 6 weeks just to get the fees reversed...so we decided enough was enough and cancelled the card...not worth the hassle Woolies so stick to the supermarket business !
Price5/10Features4/10Customer service0/10Convenience1/10Trust0/10Less
Vincent | Western Australia
reviewed about 4 years ago
- Overall8/10
Convenience for our family needs and rewards too!
I like the convenience and multiplier effect of accumulating points via Woolworths.
Read full review
I like the convenience and multiplier effect of accumulating points via Woolworths.
Price8/10Features8/10Customer service8/10Convenience9/10Trust9/10Less
Neal | Australian Capital Territory
reviewed about 4 years ago
- Overall5/10
Good benefits.
The benefits from Woolworths and Qantas make this product competitive. However online access is...
Read full review
The benefits from Woolworths and Qantas make this product competitive. However online access is basic and requires preset user and password requiring good memory! Bonus points on joining but fees and interest are high so will investigate alternatives and switch as they become available. I suspect the benefits vs fees and interest are false economy but it's worked for me.
Price4/10Features7/10Customer service6/10Convenience3/10Trust5/10Less
Colleen | South Australia
reviewed over 4 years ago
About Woolworths
Woolworths is Australia's biggest retail group. In 2008, Woolworths launched the Everyday Money Credit Card to reward customers who shop in Woolworths group stores. Woolworths chief executive Michael Luscombe says the card was designed to meet customer demand for “simple, easily achievable and useful rewards”. The Woolworths Everyday Money MasterCard offers 2 points for every dollar spent on purchases in stores operated by the Woolworths group and 1 point for every dollar spent on other purchases. Cardholders can also earn 3 points for every dollar spent on Woolworths Select brand purchases.
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19.99% p.a.
$299 $199 in the first year
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20.74% p.a.
$450
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1 point per dollar on Visa, up to $10,000 per month
21.49% p.a.
$149 $49 in the first year
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20.74% p.a.
$129 $64 in the first year
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1 point per dollar on Visa, up to $7,500 per month, then
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20.24% p.a.
$425
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Qantas Premier Everyday
0.75 points per dollar on Mastercard, up to $3,000 per month, then
0.4 points per dollar on Mastercard, uncapped
19.99% p.a.
$49 $29 in the first year
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Platinum Credit Card (Purchase Rate)
1 point per dollar on Visa, up to $10,000 per month
21.49% p.a.
$149 $49 in the first year
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Velocity Escape Card
0.75 points per dollar on Amex, uncapped
20.74% p.a.
$0
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0% p.a. for 26 months and then 22.24% p.a. (1.50% balance transfer fee)
$199 $0 in the first year
21.49% p.a.
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0% p.a. for 12 months and then 21.99% p.a.
$49 $29 in the first year
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0% p.a. for 6 months and then 20.99% p.a.
$129 $64 in the first year
0% p.a. for 14 months then 20.74% p.a.
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0% p.a. for 18 months and then 21.99% p.a.
$299 $199 in the first year
19.99% p.a.
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0% p.a. for 13 months and then 22.24% p.a. (1.00% balance transfer fee)
$149 $49 in the first year
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0% p.a. for 22 months and then 21.99% p.a.
$129 Refunded when you spend over $6,000 p.a
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19.74% p.a.
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19.99% p.a.
0% p.a. for 12 months and then 21.99% p.a.
$49 $29 in the first year
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$299 $199 in the first year
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$129 $64 in the first year
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19.99% p.a.
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