Woolworths Credit Card Reviews
Woolworths Credit Card Reviews, your guide to all that you need to know regarding this extra financial assistance.
The Woolworths credit card is a basic credit card created to lower the cost of purchasing at Woolworths.
The credit card offers a number of advantages, including Woolworths points and discounts when using the credit card for purchases.
Cardholders are not limited to using the credit card solely at Woolworths; they are free to use it anywhere.
The credit card can be used to pay for groceries, furnishings, lodging, travel arrangements, and other things.
Woolworths Gold Credit Card
A minimum monthly income of R3000.00 is needed to qualify for the Woolworths Gold Credit card, a personal credit card offered by the retailer.
Since Woolworths is the provider of the account, it offers a 2% rebate in the form of quarterly vouchers on all purchases made at Woolworths.
When using the credit card to make a purchase, cardholders automatically become members of WREWARDS and are eligible for an additional 5% off WREWARDS merchandise.
When using their credit card at a retailer other than Woolworths, credit cardholders get 0.75% back in the form of quarterly vouchers.
The Woolworths credit card has a low monthly service cost of R53.00 for a gold credit card in South Africa.
If done in South Africa, purchases purchased with a credit card are free.
The cost to use an ATM in another nation is R60.00 per withdrawal. International transactions are subject to fees.
How It Works
How the Woolworths Credit Card Works?
A credit card that is provided by Absa and issued by Woolworths is called the Woolworths Gold Credit card.
The credit card is accepted everywhere both domestically and internationally.
A 2% reward is applied to all purchases made with the credit card at Woolworths stores and is delivered as a quarterly voucher.
An initiation charge of R185 is needed to start using the Woolworths Gold Credit Card.
The credit will be added to the credit card when the initiation fee is paid and may then be used to make purchases.
Purchases made locally are cost-free, however purchases made abroad incur charges.
There is a 2.5% foreign exchange fee when using the card outside of the country.
Any spent credit has to be returned to the account.
The early repayment of the credit is interest-free if done within 55 days of the due date.
Interest will be added monthly until the loan is entirely repaid if the credit amount is not paid off within 55 days.
A revolving loan account is what the Woolworths Gold credit card is used for.
As a consequence, all funds placed into the account—aside from interest—can be withdrawn and spent again.
If payments are paid on time, Woolworths will automatically increase the account's credit limit.
The credit card holder might ask to have their credit limit decreased if they believe they are excessively indebted.
Apply for Woolworths Credit Card
To qualify for Woolworths credit card (Gold), you need to satisfy the following requirements.
- Must bring in a minimum of R3,000 every month.
- Own a valid South African ID card or book.
- Be older than 18 years old.
- Three-month bank statement or the most recent payslips.
- A residency document that, at the time of application, was not older than three months.
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