New Woolies C/C rumour

Discussion in 'Other Credit Card Rewards' started by oz_mark, May 22, 2007.

  1. oz_mark

    oz_mark Enthusiast

    Jun 30, 2002
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    Bloomberg has a report that Woolworths is looking at a credit card alliance. Given that they are just calling for interest, wouldn't expect to see a new card anytime soon.

    See: Bloomberg.com: Asia

     
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  2. adamonline

    adamonline Intern

    Apr 1, 2006
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    Where does this leave "Woolworths Financial Services" and their relationship with the ANZ. Wouldn't it be a done deal that ANZ would be providing the banking support for any new Woolworths CC?

    Or could this be shopping around to see if it is MC, VISA or AMEX who want their name on it? (noting that ANZ don't currently seem to have an AMEX product in their line up)
     
  3. oz_mark

    oz_mark Enthusiast

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    My understanding is that the relationship with ANZ was not an exclusive one that precluded Woolies from looking elsewhere for specific products.
     
  4. adamonline

    adamonline Intern

    Apr 1, 2006
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    You may be right. I can't find much specific information on the deal and it may not be as extensive as I thought. This SMH article only makes reference to an ATM deal

    Woolies creates own ATM network - Business - Business - smh.com.au


    Also, for any one who is interested, I happened to use one of those "Cash Connect" ATM's at a pub last week and the receipt said it was operated by ANZ (the pub is owned by Woolworths). I'm now waiting to see if this transaction incurred the usual other bank atm" fee or not.
     
  5. ANstar

    ANstar Active Member

    Sep 22, 2006
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    I beleive the new card is due out this year and is done through HSBC
     


  6. oz_mark

    oz_mark Enthusiast

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    You may be right: Woolworths credit card
     
  7. beardoc

    beardoc Established Member

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    HSBC sadly isn't known for its frequent flyer reward programs, sadly.
     
  8. ellein

    ellein Junior Member

    Mar 15, 2008
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    Woolies credit card is out. Called Everyday Money Credit Card. Annual fee of $49 but they are giving first year free.

    Go and visit the woolworths website. I need to do my sum if it is worthwhile to have this card.


    For every dollar you spend on your Everyday Money Credit Card, in one of the categories below, you’ll earn the following points:

    • 3 points per dollar spent on Woolworths Select products purchased at Woolworths or Safeway Supermarkets, excluding online purchases.
    • 2 points per dollar spent on other products purchased at Woolworths or Safeway Supermarkets, BIG W, CALTEX WOOLWORTHS/SAFEWAY co-branded fuel outlets, epump, Woolworths/Safeway Liquor, **** Smith PowerHouse and participating **** Smith Electronics and Tandy stores. Some exclusions apply.(1)
    • 1 point per dollar spent on other purchases.(2)
    Points = shopping cards


    The Everyday Money Credit Card rewards you automatically once you have earned enough points. Every 4 months, if you have enough points, we’ll automatically convert them into an Everyday Money Shopping Card and have it sent to you. So, you can reward yourself with everything from groceries, to petrol to electronics.

    The Everyday Money Shopping Card (3) is redeemable up to its specified value at:

    • all Woolworths and Safeway supermarkets, Woolworths and Safeway Liquor and BIG W stores; and
    • participating CALTEX WOOLWORTHS/SAFEWAY co-branded fuel outlets, **** Smith Electronics, **** Smith Electronics Powerhouse, Tandy, BWS and Dan Murphy’s stores.
    The minimum shopping card value is $20 and the shopping card expires 3 months after the date of issue.
     

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