• $50 Shopping Card on 1st purchase on Everyday Money credit card
• 1 point per $1 spent on general purchases
• 2 points per $1 spent within participating Woolworths group stores (shown below)
• 3 points per $1 spent on Select products purchased in-store at Woolworths Supermarkets & Everyday Mobile products purchased at Woolworths Supermarkets, BIG W, Woolworths liquor and BWS.
• Every 4 months (with enough points) get a shopping card to spend at Woolworths group stores (shown below).
• Pay at the pump and get back on the road faster with epump
• Up to 55 days interest free on purchases.
• 5.99% p.a. for 6 months on balance transfers

• Low annual fee of $49 p.a.
• No additional card fee
• Get bonus points for shopping at Woolworths Group stores
• Credit card repayment insurance is included
• Pay for things quicker with PayPass
• Average interest rates of 19.84% p.a. on purchases
• Points are subject to exclusions
• Cheaper balance transfer offers are available
• The balance transfer period is relatively short

How does the Woolworths Everyday Money Credit Card compare for rates and fees against an average credit card? Based on the data from our website this credit card comparison scorecard shows:

		Purchase Rate	Cash Adv Rate	Annual Fee	Bal. Transfer Rate	Bal. Transfer Rate Period
	Woolworths Everyday Money Credit Card	19.84%	21.34%	$49	5.99%	6 months
	The Average Credit Card	17.15%	21.03%	$96	2.86%	7 months

If you’re a regular Woolworths shopper or make purchases at any of the other Woolworths group stores fairly frequently, you could earn some great points and bonuses when you use your Woolworths Everyday Money credit card.

Pros

If you sign up with this card, you’ll receive 5,000 points when approved, activated and make your first spend. There’s also a decent balance transfer rate of 5.99% p.a. for 6 months. You will enjoy the points you can earn with the card – up to 3 per $1 on certain products in participating stores at the time of writing.

The Woolworths Everyday Money credit card is issued by HSBC Bank Australia, so it’s got a reputable bank behind it. It has worldwide acceptance and a security chip which means it carries more sophisticated payment applications and protection against unauthorised card use.

You get access to Woolworths Credit Card Repayment Insurance, as well as to Mastercard PayPass (a convenient payment program that will allow you to just ‘Tap & Go’ your card wherever you see the PayPass sign with no need to wait, sign or enter a PIN for smaller amounts).

Lastly you can also have a free additional card holder and can even pay for your fuel at the pump instead of in store with epump at Caltex/Woolworths fuel stations if you’re looking to save that extra bit of time.

Cons

The card has lots of handy little bonuses but a few little catches. Once all the new customer features wear off it’s only an average card in many respects. Interest rates for purchases (19.84% p.a.) and cash advances (21.34% p.a.) are on par with average rates and fees.

There are also some limitations on points earning and how far that can take you. For example, you can’t earn points on business expenses, interest free promotions, balance transfers and cash advances. You also have to earn a lot of points to receive a decent amount of rewards.

Conclusion

If you shop at loads of the Woolworths group’s stores and spend enough to make good use of the points, the card could be worth your while in the long run. It would benefit the mid to high income earner more than the low and if you appreciate the little things like choosing the colour of your card, you might like the Woolworths Everyday Money credit card.