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Woolworths Black credit card

The Woolworths Black credit card offers a range of benefits from one of South Africa’s top retailers. Explore the features and costs to see if this premium option suits your needs.

31 October 2024

The Woolworths Black credit card offers a select range of rewards, benefits, and advantages – from cashback on purchases to premium customer service – to improve your shopping experience.

To qualify, you must be 18 or older, have a valid South African identity number, and earn at least R41,666 a month.

Tip: Use a budget calculator to assess how much credit you can comfortably afford.

Why choose the Woolworths Black credit card?

The Woolworths Black credit card comes with many benefits. Cardholders are automatically enrolled in the WRewards programme, offering a slew of WRewards promotions and special offers, and can get up to eight additional cards for family or friends at no extra cost.

You also enjoy free standard delivery when shopping at Woolies online or on the app if you pay with your card (express delivery is excluded), and qualify for two complimentary hot beverages a month at Woolies Café, Food To Go, or NOW NOW.

Here are some compelling reasons to choose this card:

Cashback rewards

Enjoy cashback on all your Woolworths purchases. This essentially means that every time you shop, you save money.

If you’re a Woolworths Black credit cardholder, you also earn WRewards at a higher rate than with the standard Woolworths card, and use them for discounts on groceries, clothing, and other Woolworths products.

You’ll receive a portion of your spending back in cash, with vouchers paid out quarterly. The reward rate varies depending on where you shop: 3% for Woolworths goods and 1% for purchases outside Woolworths (including fuel purchases).

Exclusive discounts

As a Black cardholder, you can access exclusive discounts and special offers on a wide range of products, providing value for money.

Premium customer service

Cardholders can expect top-notch customer service, with dedicated support for your needs – from queries about your statement to assistance with your card.

Travel insurance

The Black credit card also provides peace of mind for travellers, since it includes basic travel insurance cover for international journeys, if you pay for your return ticket with the card.

This includes cover for emergency medical expenses, and some legal assistance, when travelling outside South Africa for up to 90 days, as well as free consular, emergency travel, medical referral and other assistance.

Balance protection cover

Woolworths Black credit cardholders are offered optional Balance Protection insurance, with a premium payable, which provides cover in the event of your death, terminal or critical illness, or disability.

If any of these events occur, your balance will be settled to a maximum of R100,000 if your account is in good standing.

Loss of income due to retrenchment or temporary disability will see your Woolies account instalments paid for up to 12 months, up to a maximum of R100,000.

Woolworths Black credit card features

Flexible payment options

The Woolworths Black credit card offers flexible payment options that allow you to manage your finances. You can choose to pay in full or spread your payments over a period that suits you, for example, paying R300 or more over six to 60 months if you use the budget facility to make larger purchases.

Secure transactions

The card is equipped with advanced security features to protect your transactions and ensure the safety of your personal and financial information.

Rewards programme

Earn instant WRewards on purchases, and get 3% back in quarterly vouchers when paying with your card.

How to apply for the Woolworths Black credit card

It is easy to apply for the card. Visit the Woolworths Black credit card page, and start your application online for a seamless experience.

Follow these simple steps to get started:

  • Fill out the application form. Provide your accurate personal and financial details.
  • Submit the required documents. Ensure you have all necessary documents ready, and submit them.
  • Wait for approval and for the card to be issued. Once your application is approved, your card will be issued, and you can start enjoying its benefits.
  • The table below outlines the features and charges associated with the Woolworths Black credit card. Note that you can withdraw cash from your card, but at a cost.

You can use your Woolworths credit card anywhere – it is issued and supported by Absa and accepted in stores in South Africa and abroad.

The quoted fees have been valid since 1 January 2024 and may change in 2025.

Minimum income to qualify

R41,666

Interest rate

Interest is tailored to the cardholder’s individual credit profile.

Interest-free period (days)

57

Monthly card fee

Accounts before 6 May 2016: R57.50

Accounts from 6 May 2016: R69 + R175 initiation fee 

Transaction fee

Free

Cash withdrawal fee – branch counter

R80 + R1.50/R100 (maximum R500)

Cash withdrawal fee – Absa and Absa-supported ATM

R48

Cash withdrawal fee – another bank’s ATM (Saswitch)

R31.50

Cash withdrawal fee – overseas ATM

R80

Cash deposit fee – Absa ATM

R2.50/R100

Balance enquiry – Absa ATM

R2

Balance enquiry – Absa-supported ATM

R8

Balance enquiry – Saswitch ATM

R8

Replacement card fee

R150

Unpaid debit order fee

R135

Car courier fee

R180

International currency conversion fee

2.5% of rand value of transaction

Collection fee

As per the requirements of the Debt Collectors Act 114 of 1998

In conclusion, the Woolworths Black credit card offers convenience, savings, and exclusive rewards, ideal for frequent shoppers. If you meet the criteria, apply today to take advantage of its many benefits.

Check your credit score on the JustMoney portal to determine if you qualify for credit products.
 
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