The Woolworths Gold Credit Card provides South African consumers with a range of benefits and rewards. We explore its advantages and key features.
1 November 2024
The Woolworths Gold Credit Card offers an array of rewards and benefits, including quarterly Woolworths vouchers, cashback on purchases, quick access to cash, and purchase protection.
To qualify, you must be 18 years or older, have a valid South African identity number, and earn R3,000 a month or more.
Tip: A budget calculator can help you manage your monthly budget and credit use.
The Woolworths Gold Credit Card comes with a range of benefits, including automatic membership of the Woolworth WRewards programme. The following are some additional advantages to holding this card.
Cardholders enjoy substantial cashback on Woolworths purchases. This means that every time you shop, you get an instant discount on selected items, saving you money on everyday shopping.
Cardholders receive a portion of their spending back in cash, with vouchers paid out quarterly. The reward rate varies depending on where they shop: 2% for Woolworths purchases, and 0.75% for purchases outside of Woolworths (including fuel purchases).
As a Woolworths Gold Credit Card holder, you gain access to discounts and special offers on a wide range of products, providing you with value for money.
Experience top-notch customer service with dedicated support, whether you have a query about your statement or need assistance with your card.
Travel with peace of mind, knowing that your Woolworths Gold Credit Card includes basic travel insurance, if you buy your return international ticket with the card.
You and family members travelling with you can also take advantage of a free assistance service, for trips of up to 90 days’ duration. Get telephonic medical advice, be referred to medical service providers, and access monitoring of any medical conditions during and after hospitalisation.
The Woolworths Gold Credit Card offers flexible repayment options. You can choose to pay in full, or spread your payments over a period that suits you.
The card has advanced security features to protect your transactions and ensure the safety of your personal and financial information.
Earn instant rewards on purchases, which translates into more value every time you shop.
Applying for the card is straightforward. Follow these easy steps to get started:
The table below outlines the features and charges associated with the Woolworths Gold Credit Card. Note that you can withdraw cash from your card, but at a cost.
The card is issued and supported by Absa, and is valid for purchases in South Africa and abroad.
All quoted fees are valid as of 1 January 2024 but may change as of 1 January 2025.
|
Minimum income |
R3,000 a month |
|
Interest rate |
22% (but note that interest is tailored to the cardholder’s individual credit profile) |
|
Interest-free period (days) |
57 |
|
Monthly card fee |
Accounts prior to 6 May, 2016: R57.50 Accounts from 6 May, 2016: R60 + R193 initiation fee |
|
Transaction fee |
Domestic card purchases are free |
|
Cash withdrawal fee – branch counter (any local bank) |
R80 + R1.50/R100 (maximum R500) |
|
Cash withdrawal fee – Absa and Absa-supported ATM |
R27 |
|
Cash withdrawal fee – another bank’s ATM (Saswitch) |
R31.50 |
|
Cash withdrawal fee – overseas ATM |
R80 |
|
Cash deposits – branch counter |
R17.50 + R1/R100 (maximum R500) at any local bank |
|
Cash deposits – Absa ATM |
R2.50/R100 |
|
Balance enquiry – Absa and Absa-supported ATM |
R2 |
|
Balance enquiry – Saswitch ATM |
R8 |
|
Account payments – Absa ATM |
R4.50 + R1.50/100 (maximum R15) |
|
Transfer fee – ATM |
R30 |
|
Transfer fee – bank branch |
R30 |
|
Statement fee – Absa ATM mini-statement |
R7 |
|
Replacement card fee |
R150 |
|
Collection fee |
As per the requirements of the Debt Collectors Act 114 of 1998 |
|
Unpaid debt order fee |
R135 |
|
Card courier fee |
R180 |
|
Internet banking fee |
Free |
|
Second card fee |
Free |
|
Travel insurance |
Free basic travel insurance |
|
International currency conversion fee |
2.5% of rand value of transaction |
|
Card protection |
Basic R5.25/R1,000 outstanding |
|
Balance protection insurance |
R5.50 per R1,000 outstanding balance per month |
The Woolworths Gold Credit Card provides a combination of convenience, savings, and rewards designed for frequent shoppers.
Its features can enhance your shopping experience and provide financial flexibility for cardholders – apply today.
Log on to JustMoney to check your credit score and determine whether you qualify for credit products.
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