Are you a regular customer at The Warehouse stores? Then you must determine your eligibility for the Warehouse Money Visa credit card, and if you qualify, apply for it online.
With the Warehouse Money Visa credit card, you get 5% off all your purchases at Warehouse stores when you pay with your Warehouse Money Visa credit card. This discount is on top of any already discounted items.
We’ve had a look at what the Warehouse Money Visa credit card offers, and for your convenience, we’ve summarized the information to share with you.
Warehouse Money Visa Credit Card Features
One of the great features of the Warehouse Money Visa credit card is that if you regularly shop at The Warehouse you can enjoy 5% off with this card. You receive this discount whether you buy at the outlet or order online with your card.
With the Warehouse Money Visa credit card, you also qualify for a range of discounts offered from time to time by other New Zealand retailers. Your credit limit for your Warehouse Money Visa credit card is determined by your income and credit history.
Although you have to pay a one-off establishment fee of $55, there is no annual fee payable. If you have additional cardholders their cards also have no annual fee. This card also offers up to 55 days of interest-free credit. To qualify for this your payments have to be on time.
The Warehouse Money Visa credit card is easy to use at outlets. You don’t have to use your PIN for smaller transactions. You can make a payment using contactless technology - just touch your card on the card reader.
Pros and Cons of the Warehouse Money Visa Credit Card
As a Visa card, your Warehouse Money Visa credit card is widely accepted locally and abroad. Your card is accepted wherever you see the Visa logo. You can also manage your Warehouse Money Visa credit card through Warehouse Money’s online service centre.
You can pay your bill, access statements and transaction details, and view all of your accounts to see how much you owe.
Currently, Warehouse Money doesn’t offer a balance transfer benefit. You also won’t get the 5% discount at Warehouse shops when buying gift cards or pre-paid phone cards.
Warehouse Money Visa Credit Card Rates and Fees
- One-off establishment fee: $55
- The Annual fee: $0
- The annual fee for supplementary cards: $0
- The interest rate on purchases: 19.95% p.a.
- The interest rate on cash advances: 22.95% p.a.
- Minimum monthly repayment: 3% of transaction value or $20, whichever is greater
- Late payment fee: $15
- Foreign transaction fee: 2% currency conversion fee
Warehouse Money Visa Credit Card Eligibility
To apply for this Warehouse Money credit card, you must be a New Zealand citizen or permanent resident and over 18 years of age. Warehouse Money doesn’t set a minimum income requirement, but you are required to have a steady income. You might be approved easier if you have a good credit history.
How to Get a Warehouse Money Visa Credit Card
If you satisfy all of the above criteria, you apply online for the credit card on the Warehouse Money website. The online application takes about 10 minutes, and you will receive an answer within 60 seconds.
The documents you’ll have to provide include a valid driver license or passport, employment details, annual income, and debts on other credit cards, loans, or overdrafts.
Warehouse Money Visa Credit Card Address and Contact
Warehouse Money’s head office is located at 26 The Warehouse Way, Northcote, Auckland 0627. If you want to speak to a bank official personally, you can phone 0800 733 665.
Conclusion
Applying for a Warehouse Money Visa credit card is a good idea if you already do a lot of shopping at The Warehouse shops, online or otherwise.
It offers you the best way to maximise the discount benefits of the card. We recommend that if you qualify, you apply for this card.
Disclaimer: There are risks involved when applying for and using credit products. Ensure you consult Warehouse Money Visa credit card’s terms and conditions before agreeing on anything.
