Warehouse Money Visa Card

Roland Bleyer

Credit Card Expert with over 15 years card experience and the founder of Creditcard.co.nz. Ask Roland a Question about this card.

The Warehouse Money Visa Card

Designed to reward frequent shoppers at The Warehouse, The Warehouse Money Visa Card offers an instant 5% off all eligible purchases made using the card at The Warehouse. Paying no annual fee, cardholders can also benefit from access to monthly specials, worldwide Visa acceptance, basic credit card features, and up to 55 days interest free on purchases.

What we love...

The Warehouse Money Visa Card is a simple card – but that doesn’t mean it hasn’t got something very special to offer. Designed to appeal to shoppers who frequent The Warehouse, this card offers a 5% discount on all eligible purchases made using the card both instore and online. Of course, some exclusions apply.

You will not earn a discount on layby items, gift cards, mobile phone top-ups, pre-paid phone cards, pre-paid postage-included envelopes, postage stamps, music and gaming cards, baby formula, tobacco or lottery products. The discount will also not apply to goods bought from The Warehouse pop-up stores, phone orders, PartPay orders, Warehouse Money Insurance and The Warehouse Christmas Club.

So, how does it work? Every time you use your card at The Warehouse (on items not excluded from the discount), you will automatically receive 5% off your shop. This allows you to buy what you want when you want, to benefit from a nice little discount without any real effort on your part. No complex rewards programmes to worry about here. Just plain and simple, money off your shop.

But of course, card use is not limited to The Warehouse. As a Visa, it works just like any other credit card, allowing you to buy what you want now, to pay it off later. Visa offers payment facilities at more than 40 million locations around the world, while also providing access to basic security and payment features such as Visa PayWave and Visa Zero Liability.

On top of that, cardholders can benefit from access to monthly specials at both The Warehouse and various partner retailers, while keeping track of their account online. Up to 55 days interest free on purchases is also on the table, allowing cardholders to keep their interest costs at zero as long as they meet certain stipulations set out by the issuer.

So, how much should you expect to pay for The Warehouse Money Visa Card? Perhaps one of the best things about this card is that it charges no annual fee. That means you – and an additional cardholder, should you choose to add one to your account – can benefit from access to credit, plus 5% off at The Warehouse, while paying nada in annual account fees.

What’s not so great...

While The Warehouse Money Visa Card may not have an annual account fee, it seems there is a one-off establishment fee to pay, although the card’s site does not make it clear when this is paid or what it is for. On top of that, the interest charged on both purchases and cash advances is not low, so it’s best to clear your balance each month to avoid interest accruing.

Why should you choose this card?

Whether you simply love shopping at The Warehouse, or you only shop there now and then, The Warehouse Money Visa Card could provide an easy way for you to save money on your purchases. Given the fact that it doesn’t charge an annual account fee, you could keep it in your wallet to use whenever you need it, without having to worry about costs accruing if you don’t use it that often.

With that being said, this is not a card to carry a balance on, so make sure to pay off your balance by the due date each month. This allows you to take advantage of up to 55 days interest free on your purchases, while making the most of that 5% discount on your spending at The Warehouse.

Overall Rating

A basic rewards card, The Warehouse Money Visa Card offers 5% off all eligible spending at The Warehouse, with no annual fee and up to 55 days interest free on purchases.