Sometimes it is quite complicated to get a credit card in hand, either because of the high income requirement or for other reasons. Some people can’t afford it, just as they can’t get quality medical and legal assistance for their family.
With this in mind, the Woolworths Gold Credit Card was created, bringing all of this together in one place. As if that wasn’t enough, with this card in your hands, you also get various rewards for you and your family.
Are you ready to get your own credit card with many unique advantages? We’ll explain exactly how the Woolworths Gold Credit Card works, its rewards, their cons, and why it might be useful for you. Read on to learn how to apply and other important information as well.
Woolworths Gold Credt Card
Very low fees 2% cashback on purchases at WoolworthsHow does Woolworths Gold Credit Card works?
When you have any credit card, it comes with many features that may or may not fit into the cardholder’s life. With the Woolworths Gold Credit Card it is no different, it provides the best for those who aim to enjoy a credit card, save a lot and ensure the safety and health of the family.
You can get this card if you have a minimum income of R3,000.00 per month. One of the main rewards is the 2% cashback on all purchases made at Woolworths sent as a quarterly voucher.
The Woolworths Gold Credit Card is valid at all stores in South Africa and overseas, and also offers a 5% discount on WREWARDS items when paid with the card.
You also need to know that there is a monthly credit card service fee, which costs only R53.00, where purchases are tax-free if made in South Africa. Overseas transactions have an extra fee, and there is also a specific fee for withdrawing money from an ATM in another country.
Advantages of Using the Woolworths Gold Credit Card
The Woolworths Gold Credit Card is here to help you save big and provide a better quality of life for your family. Check out some advantages of using this card:
- Get 2% of your purchases at Woolworths back through quarterly WRewards vouchers.
- Visa offers theft and accidental damage protection for 90 days from the date of purchase.
- There is a 55-day interest-free credit available.
- If you are under 75, you can receive basic travel insurance coverage when you purchase an international airline ticket using your Woolworths Gold credit card.
- Optional balance protection insurance protects the credit card holder from credit used in the event of death, resignation, serious illness or disability.
- A variety of free and paid medical and legal assistance can be provided to you and your immediate family when traveling outside your country of residence.
Once you have Woolworths Gold in your hands, you can enjoy all this and more. The advantages of having this card are practical and especially for those who are thinking about helping their own family.
This is one of the most important sides that this credit card offers, besides giving you cashbacks of 2% on purchases at Woolworths and additional discounts of 5% on WREWARDS items.
Cons of the Woolworths Gold Credit Card
Not everything is perfect, so we can say that there are some Woolworths Gold downsides to tell you about.
The first point is that there are many fees to be charged when any cardholder uses an Absa branch to make transactions, plus deposits and withdrawals cannot be made at the Woolworths location, compromising the user experience.
Some Important Woolworths Gold Fees
That is the second point. Here are some of the most important fees you need to know before you get a card:
- Monthly service fee R53,00
- Initiation fee R185,00
- Absa ATM Mini statement R2,00
- Card replacement fee R 110,00
- Absa ATM cash deposit fee R2,50 per R100,00
- Branch cash deposit fee R5,00 + R1,50 per R100,00
- Absa ATM balance inquiry fee R2,00
- Absa ATM withdrawal fee R25,00
- Absa branch cash withdrawal R25,00 + R1,30 per R100,00
- Absa overseas Cash withdrawal R60,00
- Card delivery charge R170,00
These are just some of the fees that exist and that you can pay when using the Woolworths Gold Credit Card.
How to Apply
As you can see, this credit card does not have high fees and offers an interesting package of benefits for you and your family.
You can easily apply through the website, but remember that you will first have to be approved for an account.
After that, you will only have to offer some information about your business.
Conclusion
The Woolworths Gold Credit Card appears beneficial for regular shoppers at Woolworths and those who travel internationally, offering cashback rewards, purchase protection, and basic travel insurance. However, the fees associated with the card, especially for non-Woolworths transactions and withdrawals, should be carefully considered to ensure the card fits your spending habits and financial goals.
Oportun Visa® Credit Card – How to apply 
Fortiva® Mastercard® Credit Card 
Mercury Mastercard – How to apply