Which 4U - Compare, Choose, Apply & SAVE!

Money Saving E-Newsletter

Enter e-mail address to signup NOW!

  • Home
  • Credit Cards
    • Credit Cards
      • 0% Balance Transfer
      • 0% Purchases
      • Low Interest Rate
      • No Annual Fee
      • Rewards
      • Airmile Credit Cards
      • Interest Free Days
      • Platinum & Gold
      • Business Cards
  • Banking & Saving
    • Bank Accounts
      • Bank Accounts
      • Business Accounts
    • Savings Accounts
      • Savings Accounts
      • Term Deposits
  • Personal Loans
  • Insurance
    • Insurance
      • Car Insurance
      • Single Trip Insurance
      • Annual Travel
      • Ski Insurance
      • Health Insurance
      • Life Insurance
      • Pet Insurance
  • Home Loans
You are here: Home Credit Cards Latest News Woolworths cuts credit card rate

Woolworths cuts credit card rate

Woolworths cuts credit card rate
The interest rates on purchases on the Woolworths Everyday Money credit cards are being cut by one per cent.

On February 1st this year, the interest rate is set to fall to 17.99 per cent. However, existing customers of Woolworths are able to make use of a 0% rate on purchases until this date.

Dhun Karai, head of Woolworths Everyday Money, said the card is a competitive entry in the Australian market.

"In the current economic climate we are committed to ensuring our Everyday Money credit card customers continue to benefit from a competitive interest rate and a rich rewards program," said Ms Karai.

Indeed, the card recently won the gold medal as the Best Innovative Product in the Best of the Best awards from Money magazine.

There are a number of other benefits associated with the card, including a points reward scheme, with up to three points being earned for every dollar spent on the card.ADNFCR-2079-ID-18961722-ADNFCR
Wednesday, 07 January 2009 00:00
View News Archive
Bookmark and Share

Comments (1)

The comments listed below are opinions held by the individuals posting and are not endorsed by, or representative of opinions held by which4u.com.au. We cannot be held responsible or liable for the accuracy or content of any comments submitted. We reserve the right to publish, remove or edit comments as we see fit.
  • john smith 2009-05-12 06:49:16
    in australia companies likes of woolworths and major player should have no right to charge extortion amounts of interest on creditcards ,,personally there is no reason ,nor any need for them to charge these amounts,,The profit margins that there already making are massive .Once again how far will the greedy monsters go..just to rip people off,i only hope as the years pass on people will get savvy like the [people in u.k] where competition is cut throat , because of competition!!. In australia there are few which means that you all rip people off with your high interest payments on your creditcards,,thanks john

Make a comment on this article

Comment
Please enter the following letters in the box below.
We're very sorry for this but we just need to ensure
that you are not a computer.

Popular Brands

  • American Express Credit Cards
  • ANZ Credit Cards
  • Aussie Credit Cards
  • Bank of Queensland Credit Cards
  • BankSA Credit Cards
  • Bankwest Credit Cards
  • BOQ Credit Cards
  • Citibank Credit Cards
  • Coles Group Source Credit Cards
  • Commonwealth Bank Credit Cards
  • Community First Credit Cards
  • CUA Credit Cards
  • GE Money Credit Cards
  • Heritage Bank Credit Cards
  • HSBC Credit Cards
  • IMB Credit Cards
  • Intech Credit Cards
  • Macquarie Credit Cards
  • Mecu Credit Cards
  • Members Equity Credit Cards
  • MyState Financial Credit Cards
  • NAB Credit Cards
  • St George Credit Cards
  • Suncorp Credit Cards
  • Virgin Money Credit Cards
  • Westpac Credit Cards
  • Wizard Credit Cards
  • Woolworths Credit Cards
RSS News Feed
  • About Us
  • Contact Us
  • Legal Information
  • Site Map
  • Blog

© Legalwebb Holdings Ltd - All rights reserved. | Web-Site Design - Firm Creation Design & Advertising & Legalwebb Holdings Ltd