Qantas Platinum Credit Card (applications closed for new accounts) card image

Woolworths Qantas Platinum Credit Card

Advertiser disclosure
Purchase rate
20.49% p.a.
Balance transfer rate
0% p.a. for 14 months and then 20.49% p.a.
Annual fees
$169 $99 in the first year
Interest free days on purchases

Mozo editorial review Woolworths Qantas Platinum Credit Card - last updated: 18 February 2021

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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
  • $20 late payment and overlimit fees
  • 3% foreign exchange margin
Mozo snapshot

(Applications currently closed for new accounts) 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.

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Key features

The Woolworths Platinum Card comes with a pretty standard purchase rate of 20.49% p.a. 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 on Visa (uncapped) 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 is it 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.

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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 $20 fee.

Rewards program details

Rates and fees information correct as at 16 May 2022. 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

19,010 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.

10% off your grocery shop once a month, up to $50, on selected dates.

Value of rewards points

Spend $38,020 (Visa)

Spend $16,000 (Visa)

Spend $220,800 (Visa)



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


20.49% p.a.


0% p.a. for 14 months and then 20.49% p.a.


20.49% p.a.




$99 in the first year




3%, minimum $5









Applications currently closed for new accounts.

Payment options

Apple Pay

Rewards privileges

Travel Insurance,
Extended Warranty,
Purchase Protection

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