How to Apply for your Woolworths Gold Credit Card
The Woolworths Gold Credit Card has several benefits which makes it an attractive option. From full ATM functionality, cash withdrawals, electronic statements, insurance solutions and lost card protection services, this card has plenty to offer.
The Woolworths Gold 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.
One can enjoy lost or stolen credit card protection and take up Balance Protection which will settle the balance on the credit card up to R100 000 in the event of death or dread disease.
With the Woolworths Gold Credit Card the benefits include:
- 2% cash back at Woolworths stores and 0,75% cash back at other retail outlets.
- Automatic membership on the WRewards programme.
- Access to the Woolworths mobile App.
- In store discounts and specials.
- 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
In order to get and enjoy the Woolworths Gold Credit Card, one ought to earn at least R3 000 per month, be at least 18 years of age, be a holder of a valid South African ID book or Smart card and present proof of residence.
You may be required to provide your latest payslip or bank statement. Finally, the issuance of the card is subject to an affordability assessment.
More About ABSA
ABSA is guided by fundamental values that drive their engagement with their clients. These values include trust, resourcefulness, stewardship, inclusion and courage. Being an organisation that handles the precious financial resources of millions of clients, it goes without saying that trust is at the centre of interactions.
This culture permeates from internal relations and cascades down to the clients. In a tough economic climate such as South Africa which has experienced supressed growth pre and post the Covid-19 pandemic, there is a demand for resourcefulness which ABSA has embraced. They are also keenly aware that the financial resources at their disposal belong to their clients and that as stewards of this wealth, ABSA has an obligation to be faithful towards their clients.
In an environment where the vast majority of the population was excluded from the benefits of the economy, ABSA has emerged as a truly inclusive institution that embraces and celebrates diversity. There are numerous programs which they have launched such as disability inclusive training, scholarships, financial literacy competitions and BEE initiatives to mention a few.
ABSA is also a great supporter of sports and one of their flagship events which they have sponsored since 2006 is the ABSA Cape Epic, a gruelling and exhilarating mountain bike race, widely considered to be one of the toughest. It hosts local and international participants and is an example of ABSA’s commitment to community support.
All these initiatives are indicative of who ABSA really is, that is an institution immersed and invested in the wellbeing of the community from which it receives support.
Who is this card for?
As referred to earlier, the Woolworths Gold Credit Card is adaptable and suited to a wide variety of customers whether it be for daily needs, emergencies, holiday or business. The limits offer a lot of financial agility while being mindful of risks that come with credit.
There are a lot of secuirty features which are critical for a card with such a wide reach. Given shear amount of benefits on offer, the Woolworths Gold Credit card is good for diverse types of customers who are in need of round the clock access to superior banking products and an empowering experience.
How to apply for the Woolworths Gold Credit Card
Having considered and met the eligibility criteria for the card, you can apply online on the Woolworths website, Absa Bank’s partner on this credit card.
Fill in the personal information necessary to submit the request and wait for the evaluation of the credit card application process to return.
How to unblock the card?
When you receive your credit card, you will need to activate it before using it. To activate it, you can use the app, online banking, or call the number written on the other side of your credit card.
Review of the card: fees and tariffs
The Woolworths Gold Credit Card boasts several benefits which are very handy. You can get up to 8 secondary cards free of charge. The monthly fee is only R60 on the main card. Domestic card purchases are free and the International Currency Conversion Fee is 2.5% of Rand value of transaction.
Cash withdrawals are limited to R500 and given the punitive charges to withdraw, it is safe to conclude that the card is not optimised for cash withdrawals.
There is also an initiation fee of R193 and R180 for courier services and to replace a lost card will cost R150, all of which seem on par with market trends.
While the card is fully ATM enabled, most common transactions like balance checks and mini statements will incur a fee.
This again speaks volumes about the steering towards controlling one’s account via online banking or the App. Both these methods are easily accessible though.
Customer service
There are numerous ways to receive support including a website link Get help quickly with our self-service support tools.
Dedicated telephone lines 0861 462 273 for South Africa and +27 11 354 4001 for international clients. One can email [email protected] or visit a branch near them. To find a branch nearby, one can visit here and search based on their preferred branch whether it is close to work or home.
One can make use of the Woolworths Financial Services electronic form on their website to submit a query by following this link.