How to Apply for your Woolworths Black Credit Card
The Woolworths Black Credit Card is so packed with benefits, it is almost a natural choice. From full ATM functionality, cash withdrawals, electronic statements, in store complimentary gifts, insurance solutions and lost card protection services, this card has plenty to offer.
The Woolworths Black Credit Card is great for household expenses, lifestyle activities and travelling. It comes with customised limits and enables financial elasticity for times when you need it most. One of the great features is the ability to amend limits on the App and use the card on international trips without fear of disaster.
- 3% back in quarterly vouchers for your spend at Woolworths stores and 1% at other retail outlets.
- Automatic membership on the WRewards programme.
- Free hot beverages per month at any Woolies Café
- Free monthly copy of the Taste Magazine.
- Access to the Woolworths mobile App.
- In store discounts and specials.
- Free online delivery.
- A budget facility.
- Cash withdrawals.
- Contactless payments.
- Travel Insurance and Balance Protection.
- SMS updates of transactions made on your credit card account at a fee.
- Up to 8 additional cards for free.
- Legal and medical services and advice.
- Visa Purchase Protection.
- Visa Extended Warranty.
Prerequisites
To get and enjoy the Woolworths Black Credit Card, one must meet the following requirements:
- Income: Earn at least R41 666 per month.
- Age: Be at least 18 years old.
- Identification: Hold a valid South African ID book or Smart card.
- Proof of residence: Provide proof of residence.
- Financial documentation: Present the latest payslip or bank statement.
- Assessment: Undergo an affordability assessment for the issuance of the card.
These criteria ensure that applicants are financially stable and meet the bank’s requirements for creditworthiness.
More About ABSA
Absa Group Limited, a subsidiary of the Absa Group, offers a diverse range of financial services including retail, business, wealth management, corporate, and investment solutions across South Africa.
With a strong presence in 15 African countries, as well as offices in the UK and US, Absa Group operates banks, insurance services, and securities entities, demonstrating a commitment to sustainable value creation and client empowerment.
Notably, their collaboration with Woolworths has resulted in innovative financial products like the Woolworths Black Credit Card, offering exclusive benefits and enhancing financial flexibility for customers both locally and internationally.
Who is this card for?
The Woolworths Black Credit Card offers a wide range of benefits, making it adaptable and suitable for various customer needs, whether for daily household expenses, emergencies, holidays, or business purposes.
With generous credit limits, it provides financial flexibility to support diverse lifestyle choices. The card is equipped with robust security features, crucial for its broad customer base.
Overall, the Woolworths Black Credit Card is ideal for customers seeking superior banking products with round-the-clock access and an empowering banking experience.
How to apply for the Woolworths Black Credit Card
To apply for the Woolworths Black Credit Card, follow these steps:
- Eligibility check: Make sure you meet the card’s eligibility criteria.
- Apply online: Visit the Woolworths website, which has partnered with Absa Bank for this credit card.
- Fill in all details: Fill in the required personal information in the online application form.
- Submission: Submit your application online and wait for the evaluation process.
How to unblock the card?
Regarding unblocking the card after receiving it:
- Activation: Once you receive your Woolworths Gold Credit Card, you must activate it before use.
- Activation methods: You can activate your card through:
- The mobile app associated with the card issuer.
- Online banking services provided by the issuer.
- Calling the activation number printed on the back of your credit card.
Follow these steps to ensure your Woolworths Black Credit Card is ready for use after receiving it.
Positive and negative aspects of the woolworths Black Credit Card
Positive
- Wide range of benefits: Offers exclusive discounts, rewards programs like WRewards, and travel insurance, providing added value to customers.
- Financial flexibility: Allows for adjustment of credit limits through the app, accommodating users’ varying financial needs.
- Efficient customer support: Absa provides multiple support channels including dedicated phone lines, email, and online self-service tools, ensuring quick and effective assistance.
Negative
- Additional costs: Involves monthly fees and extra charges for withdrawals, deposits, and foreign currency conversion, potentially increasing costs for users.
- High income requirement: Requires a minimum monthly income of R41,666, excluding potential applicants who do not meet this criterion.
- Replacement and delivery fees: Significant fees for card replacement and delivery in cases of loss or damage, adding extra costs for users.
Fees and tariffs
The Woolworths Black Credit Card offers several attractive features and terms:
Monthly service fFees
- Accounts before May 6, 2016: R57.50.
- Accounts from May 6, 2016 onwards: R69.
Cash deposits
- Absa ATM: R2.50 per R100 deposited.
- Branch Teller: R5 + R1.50 per R100 deposited.
Cash withdrawal fees
- Absa ATM: R48.
- Branch Teller: R80 + R1.50 per R100 (max R500).
Other fees
- Card Replacement Fee: R150.
- Card Courier Fee: R180.
- Initiation Fee: R175.
- International Currency Conversion Fee: 2.5% of Rand value of transaction.
Balance inquiries
- Absa ATM: R2.
- Saswitch ATM: R8.
- Branch Teller (any local bank): R80 + R1.50 per R100 (max R500).
Notes
- Secondary cards are free of charge.
- Domestic card purchases and bill payments appear to be free of specific charges, likely without fees.
These fees and terms outline the costs associated with specific services offered by Absa Bank, varying based on account opening date and transaction type.
Customer service
Absa provides various support options for customer service:
- Self-service support: Customers can access help quickly using self-service tools available on the Absa website.
- Telephone support:
- For South Africa: Call 0861 462 273.
- For international clients: Call +27 11 354 4001.
- Email: Customers can email queries to [email protected].
- Branch visits: Customers can visit a nearby branch. They can locate branches based on their preferences, whether close to work or home, by visiting this link.
- Woolworths financial services: Customers can submit queries using the electronic form available on the Woolworths Financial Services website.
These channels ensure that customers have convenient options to resolve queries and receive assistance from Absa.