Coles Low Rate Mastercard
Get 0% p.a. on purchases for the first 12 months and collect flybuys points when you shop at Coles.
The Coles Low Rate Mastercard earns 1 flybuys point per $2 spent at Coles Supermarkets, in addition to the points you earn when you scan your flybuys membership barcode.
0% p.a.
Balance transfer rate
for 12 months with no balance transfer fee
0% p.a.
Purchase rate
for the first 12 months (reverts to 12.99% p.a.)
0.5
Reward points
Per $ spent (Visa/Mastercard)
$58 p.a.
Annual fee
Details
Product Name | Coles Low Rate Mastercard |
---|---|
Rewards Program | flybuys |
Balance transfer rate | 0% p.a. for 12 months |
Balance Transfer Revert Rate | Cash Advance Rate (19.99% p.a.) |
Balance Transfer Limit | 80% of available balance |
Purchase rate (p.a.) | 0% for 12 months, reverts to 12.99% p.a. |
Annual fee | $58 p.a. |
Interest Free Period | 55 days |
Cash advance rate (p.a.) | 19.99% p.a. |
Min credit limit | $2,000 |
Card Type | Mastercard |
Foreign Currency Conversion Fee (Visa/Mastercard) | 2.5% of transaction value |
Complimentary Travel Insurance | No |
Minimum Income | $25,000 |
---|---|
Minimum Age | 18 years of age |
Available to Temporary Residents | No |
Joint Application | No |
Pros
- 0% p.a. on balance transfers for the first 12 months, with no balance transfer fee
- 0% p.a. on purchases for the first 12 months
- Earn 0.5 flybuys points per $1 spent at Coles Supermarkets
Cons
- flybuys Points are only earned at Coles Supermarkets
- An international transaction fee of 2.5% of transaction value applies
Rewards Program | flybuys |
---|---|
Rewards Points per $ spent (Visa/Mastercard) | 0.5 |
Rewards Points per $ Cap (Visa/Mastercard) | Uncapped |
Annual fee | $58 p.a. |
---|---|
Minimum Monthly Repayment | 2% of the closing balance or $30, whichever is greater |
Late Payment Fee | $30 |
Foreign Currency Conversion Fee (Visa/Mastercard) | 2.5% of transaction value |
Cash Advance Fee | 3% or $1.95, whichever is greater |
Overseas Cash Advance Fee | $5 |
Additional Cardholder Fee | $0 |
Number of Additional Cardholders | 4 |
Expert review
Review by
Amy Bradney-George
amy.bradney-george@finder.comAmy is an editor and writer at finder.com.au with more than 10 years experience covering credit cards, personal finance and various lifestyle topics. When she’s not sharing her knowledge on money matters, Amy spends her time as an actress.