Benefits of the Coles No Annual Fee Mastercard
The Coles No Annual Fee Mastercard comes with its share of benefits, and here’s what you can look forward to as a cardholder:
- No annual fee. The Coles No Annual Fee Mastercard charges a $0 annual fee for life.
- Balance transfer offer. Enjoy 0% p.a. interest on balance transfers for the first 6 months. You can transfer up to 80% of your available credit limit and any balance remaining at the end of the introductory period will accrue interest at the variable cash advance rate, currently 19.99% p.a.
- Earn flybuys points. Earn 0.5 flybuys points per $1 you spend on eligible purchases. Points are awarded in whole numbers and rounded down. If you're not already a member of the flybuys program, you will be automatically enrolled when you apply for the Coles No Annual Fee Mastercard. If you earn or redeem points at least once every 12 months, your flybuys points do not expire.
- Enjoy $10 off at Coles Supermarkets. Enjoy $10 off at any Coles Supermarket after redeeming 2,000 flybuys points. This excludes purchases of smoking/tobacco related products and all gift cards.
- Up to 55 interest-free days. Save on interest charges with up to 55 days interest-free on purchases when you pay the full balance by the due date on each statement. Interest-free days do not apply to cash advances or if you’re carrying a balance from month to month, including when you transfer a balance to a credit card under a balance transfer promotion.
Features of the Coles No Annual Fee Mastercard
Keep these features in mind when you're comparing the Coles No Annual Fee Mastercard:
- Coles Mobile Wallet App. This free app for Android and iPhone allows you to manage your account and flybuys points 24/7.
- Foreign currency conversion fees. You will be charged 2.5% of the transaction amount for international purchases and cash withdrawals.
- Additional cardholders. If you want to share your account with your partner or a family member, you can request up to 4 additional cards at no extra cost. This may help you earn flybuys points faster. Just remember that if you're the main account holder, you'll be responsible for all repayments and account management.
- Card fraud protection. Mastercard Zero Liability Guarantee gives you a money back guarantee if you’re the victim of card fraud.
How to apply for the Coles No Annual Fee Mastercard
You can apply for the Coles No Annual Fee Mastercard online in around 10-15 minutes and should receive a response within 60 seconds of submitting your application. Before you apply, make sure you meet the following eligibility requirements and have necessary documents and details on hand:
- You are at least 18 years old
- You earn more than $25,000 p.a.
- You must be a permanent Australian resident
- Details of your income and employment
- Personal identification i.e. Australian driver’s license
- Your current flybuys number (if you have one)
The Coles No Annual Fee Mastercard offers many ways to save on standard card costs, including the $0 annual fee, Coles shopping benefits and flybuys rewards. As this isn't the only no annual fee credit card on the market, make sure you compare your options before applying.Back to top