The Woolworths Qantas Credit Card

The Woolworths Qantas Credit card is a great addition to the credit card market. Issued by HSBC, it provides rewards and fees which are very competitive in comparison to other similar cards in the market. Top on the list is the low annual fee of $89, which card holders are able to enjoy together with a Concierge Service benefit which allows daily, uninterrupted access to help in various services, including car hire, accommodation and ticketing.

Unlike some cards, which will not allow the addition of other card holders, it allows for a free additional card holder upon successful application of the card. It simply involves filling in the Additional Card Holder Application Form and dropping it at the address on the form for processing.

Consumers will discover a competitive interest rate on both purchases and cash advances, along with an attractive rewards program.

In addition to these interest rates, card holders are able to enjoy a 55 day interest free period  on purchases, as long as card they pay off their closing balance in full, including any promotional amounts, by the statement due date. This period, besides being interest free, is almost akin to what most credit card companies offer on their cards. This period also comes in handy to those borrowers who have difficulty in paying their monthly debt. They can make necessary adjustments during this 55 day period in order to offset some of the debt.

Balance transfers are a great way of reducing credit card debt and the Woolworths Qantas Credit Card can support borrowers in doing this by offering an introductory period of 5.99% p.a. for the first six months on balance transfers. Card holders can utilise this period and transfer any existing credit from other cards with high interest rates to this card and save on interest, which usually forms the bulk of any credit card balance.

Besides these rates and offers, the card has the advantage of being accepted worldwide, since it bears the MasterCard logo, which has outlets in almost every part of the world. This enables customers, especially those who travel frequently out of the country and need to use their card, to easily access any services they need wherever they are.

Credit card fraud is rampant and any cards which offer security against this vice have the edge over others. This card has a microchip embedded in it, which has features and programs that enhance the security of the card including guarding against unauthorised use.