Thread: Woolworths (Safeway) saving money

Saving them money, not you...

It would appear that Woolworths no longer gives you the option of choosing "credit" when you swipe your card at either their supermarkets or servo's.

We have a Visa debit card thru the credit union. Part of the deal with the credit union is that they promote using the "credit" function to save on fee's. We can use "credit" as much as we want, and providing the funds are available, not incur any fees.

If we use the "savings" or "cheque" options, then we are limited to 5 free transactions per month.

So, this means that in order for Woolworths to save the cost of the visa transaction, which I understand is around 1%, I either have to pay in cash, restrict myself to 5 transactions per month, or shop elsewhere.

Now, the "overuse" fees charged by the credit union are fairly steep, but this is part of the deal that I signed up for, and until now, has never been an issue.

Considering that as a family, we would spend between $500 & $800 per month at Woolworths, in both food & fuel, I can sort of see what they are going on about. However, what irks me, is that for them, it is a cost of doing business, and a tax deduction, where as for me, it yet another cost to our everyday living.

And, I can fully understand small companies, or the local snack bar, needing to keep a close eye on costs, and I dont have a problem with this, but when you consider that in Woolworths own half year report, they are proud of the fact that for the half year ending January 2010, they reported an increase of their net profit after tax to $1,095.6 million (11.4%), then I start to have issues.

Your thoughts, opinions & experiences are always appreciated.


Link to Woolworths report:
http://phx.corporate-ir.net/External...xUeXBlPTM=&t=1

Originally Posted by Redback

We won't be shopping at any Woolies outlets anymore.

Buy Australian and get ripped off

Baz.

ha, maybe some truth to that but we generally buy fuel from united servos and shop at iga, makes us feel we are doing our bit.
actually seen iga now will refund 4c/ltr off any fuel receipt presented, assuming that is fuel bought without using anothers 4c discount.
cheers