Woolworths is to launch an Everyday Rewards Qantas credit card next week which will carry a low annual fee of $89. The card is said to be one of the best value frequent flyer reward cards in the market offering customers one Qantas Frequent Flyer point for every $1 spent in stores accepting Mastercard.
Customers shopping at participating Woolworths Group stores will also be able to turbo charge their Qantas Frequent Flyer points for the same spend by earning points for each dollar spent both with the Qantas credit card, and for each dollar spent over $30 by having their Everyday Rewards card scanned for the same transaction.
General Manager of Woolworths Everyday Rewards, Peter Burgan said: “The Woolworths Everyday Rewards loyalty card program has gone from strength to strength with more than 5.4 million registered members, of whom 3 million have also registered to earn Qantas Frequent Flyer points.”
“Woolworths is firmly focused on providing the best possible value to customers across all our brands and services, whether it’s a basket of groceries, a mobile phone plan or a rewards credit card. Since the launch of the Woolworths Everyday Rewards program, millions of our customers have come to value Qantas Frequent Flyer points and this credit card offers them a simple way to receive even more value from everyday purchases,” Mr Burgan said.
Qantas Frequent Flyer Chief Executive, Simon Hickey, said: “Qantas Frequent Flyer is committed to making it as easy as possible for our members to earn points and providing them with as many ways as possible to use those points. The Woolworths Everyday Rewards Qantas credit card is another great way our members can earn points by doing their everyday shopping.”
The Woolworths Everyday Rewards Qantas credit card features include a 24/7 concierge service, up to 55 days interest free on purchases, an interest rate of 19.99% on purchases with 5.99% p.a for six months on balance transfers, and no points capping or points expiry while the Qantas Frequent Flyer account remains active. Members will also be able to apply for a free additional cardholder.
New customers also save themselves the Qantas Frequent Flyer Membership of $82.50, and those who apply before 31 January 2011 and make an eligible purchase by 31 March 2011 will also receive 16,000 bonus Qantas Frequent Flyer points.
The Woolworths Everyday Rewards credit card is Woolworths’ second credit card product and the latest in a suite of value-focused financial services products.
General Manager of Woolworths Financial Services Dhun Karai said: “Woolworths has already rolled out a number of successful financial services initiatives which customers have embraced. Our financial services offer now spans credit cards, gift cards, prepaid single use and reloadable prepaid cards and one of Australia’s largest networks of ATMs.”
The Woolworths Everyday Rewards Qantas credit card is backed by HSBC, MasterCard and Qantas.