Woolworths low rate credit card review

The fact that low rate credit cards are changing the way people spend money worldwide cannot be disputed. These cards have made shopping much easier and they come with advantages like security since you don’t have to have large amounts of cash on you thus worrying about your own safety. You also get to enjoy the benefits of credit advancing without lengthy form applications and long waiting periods like the kind you get from normal loans. The use of plastic money is thus here with us.

Woolworths has not been left behind during these changing times. They have designed affordable credit cards that will suit the customer’s needs and at the dame time be cost effective and easily maintainable. Such a card usually needs to come with very attractive rates do that the card holders can feel like they are getting the best offers that are available awhile paying less. A good example of such a card is the Woolworths EveryDay Money. This low rate credit card comes with very attractive features which include an annual fee of just $49 that is quite affordable to the customer. The card features a rate of 17.99% on purchases which quite frankly might be far too expensive compared to the rates of credit being offered by other credit card issuers.

However, low rate credit card shoppers are not necessarily fixated on interest rates as they may be on what they are being offered. One of the good things about the card is the fact that you get an interest free period of 55 days in a year subject to terms and conditions. The customer is also allowed to make balance transfers at a rate of 5.99% for the first 6 months. This credit card falls in the standard level category and is a MasterCard.

Reward points are the highlights of this card. You get 3 points per dollar spent on certain select products that are available on Woolworths or Safeway supermarkets. However, this excludes online purchases. You get 2 points on every dollar spent on this card for other products purchased fro Woolworths or Safeway supermarkets, Big W, Caltex Woolworths/Safeway branded fuel outlets, e-pump, Woolworths Liquor, Dick Smith PowerHouse, Thomas Dux and all included Dick Smith Electronics and all Tandy stores though exclusions apply. You get a point on every dollar spent on other purchases. Every four months, all points that meet the criteria are automatically converted into an EveryDay Money Shopping Card which is mailed to you that allows you to make purchases at specified retail outlets. It expires in 90 days from the issue date the woolworths low rate credit card.