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Woolworths Qantas Credit Card
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Key Features
- Earn 1 Qantas Frequent Flyer point per $1 spent on most purchases.
- Earn extra Qantas Frequent Flyer points with Everyday Rewards, with an additional 1 point per $1 spent over $30 (in one transaction) at Woolworths Supermarkets and BWS (excluding Tasmania) and BIG W. Also earn an additional 1 point per $1 spent over $50 (in one transaction) at participating Dick Smith stores.
- You can also add an additional cardholder at no extra cost.
- The new card is your Credit Card and Everyday Rewards card in one, so any fuel savings you earn shopping at Woolworths Supermarkets will be automatically stored on your new card. All you need to do is scan the barcode on the back of your credit card when you make your purchase.
- Redeem points for Award Flights to over 750 destinations or reward yourself from over 2,000 products, gift cards and experiences at the online Qantas Frequent Flyer Store.
- Start your application here.
Review & Analysis
With this card popular you’ll be able to earn some fantastic rewards, enjoy loads of features and competitive rates. You’ll earn Qantas Frequent Flyer points toward that much needed holiday break and the card has the benefits of the Woolworths Everyday Rewards program built in (meaning fuel savings and exclusive shopping offers) as well.
Frequent Flyer Points
Qantas points are earned anywhere you shop at a rate of $1 = 1 QFF point on most purchases. You earn even more than that, however, when you spend at Woolworths Supermarkets, BWS and BIG W (excluding Tasmania). Points earning rates are great and you can easily earn bonus points at participating stores. With the price of groceries some good points could be earned! The earning ratio is better than competing cards, as is the $89 p.a. annual fee.
Other Rewards
One of the best features of this card is the efficiency of getting your fuel vouchers and shopping offers at the same time as earning Qantas Frequent Flyer points. Remember, points can be redeemed for more than just flights. You can also spend them on gift cards, iPods, magazine subscriptions or your choice of over 600 other products available in the online Qantas Frequent Flyer Award store.
Pros
For the traveller, you’ll also like to know that the annual fee includes 24/7 concierge service for help to arrange hire cars, accommodation, tickets and more and that you can redeem your points for Award Flights to over 700 destinations or, alternatively, products, gift cards and experiences at the online Qantas Frequent Flyer Store.
In the first 6 months6 you’ll also get a low 5.99% p.a. rate on balance transfers from non-HSBC/Woolworths store and credit cards.
Cons
The 19.99% p.a. purchase rate is competitive, but not fantastic. Also, be aware that you have to have a Qantas Frequent Flyer account already (which is standard fare for almost all frequent flyer cards) and if you aren’t a Qantas member then there’s an additional fee to pay separately to Qantas. You should sign up with Qantas before signing up for the card. Remember no points are earned on business expenses, interest free promotions, balance transfers and cash advances.
Finally, make sure you’re realistic about how much you actually need to spend to save enough points for a flight or other reward and whether or not your spending and lifestyle can attain that. Remember too that you might not always get what you want. Award flight seats (particularly Classic Award seats) are subject to capacity controls and availability is sometimes limited. Some flights may not have any Classic Award seats available.
Eligibility
You need to be at least 18 years of age and earn a minimum of $50,000 to qualify. A credit check will be carried out.
Is This Card Right For You?
This card is suited to those with mid to high incomes who travel or would like to save up points for a flight to that special destination. If you’re a regular shopper at Woolworths group stores and can earn some of those bonus points you may also be interested in this card. Always make sure any credit card you apply for suits your lifestyle and spending and that you can keep on top of your monthly repayments so you don’t lose out on points.
