Coles Rewards Mastercard
Last updated:
Earn flybuys points for your spending and save with a 0% balance transfer offer.
Earn flybuys points faster with 2 points per $1 spent on eligible transactions with the Coles Rewards Mastercard. This is in addition to the points that are earned with flybuys partners.
0% p.a.
Balance transfer rate
for 18 months with 1.5% balance transfer fee
19.99% p.a.
Purchase rate
2
Reward points
Per $ spent (Visa/Mastercard)
$99 p.a.
Annual fee
Details
| Product Name | Coles Rewards Mastercard |
|---|---|
| Rewards program | flybuys |
| Balance transfer rate | 0% p.a. for 18 months with 1.5% balance transfer fee |
| Balance Transfer Revert Rate | Cash Advance Rate (19.99% p.a.) |
| Balance Transfer Limit | 80% of available balance |
| Purchase rate (p.a.) | 19.99% p.a. |
| Annual fee | $99 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) | 0% |
| 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 18 months
- 2 flybuys points for every $1 spent on eligible purchases
- 0% international transaction fees on purchases
Cons
- Charges a one-time 1.5% balance transfer fee
- Relatively high annual fee of $99
| Rewards program | flybuys |
|---|---|
| Rewards Points per $ spent (Visa/Mastercard) | 2 |
| Rewards Points per $ Cap (Visa/Mastercard) | Uncapped |
| Annual fee | $99 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) | 0% |
| Cash Advance Fee | 3% or $1.95, whichever is greater |
| Overseas cash advance fee | $5 + 2.5% of transaction amount |
| Overseas ATM withdrawal fee | $5 |
| Additional cardholder fee | $0 |
| Number of Additional Cardholders | 4 |
Expert review
Review by
Sally McMullen
sally.mcmullen@finder.com.auSally McMullen is a creative content producer at Finder, co-hosts our Pocket Money podcast and wrote about credit cards for almost five years. Her byline can be spotted on Yahoo Finance, Dynamic Business, Financy and Mamamia as well as Music Feeds and Rolling Stone. She has a Bachelor of Communication and Media Studies majoring in Journalism (Hons) from the University of Wollongong.
