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Offer ends 31 January 2021
Eligibility criteria, terms and conditions, fees and charges apply
Reward your spending with Flybuys points and save with 0% interest on balance transfers and purchases for the first 12 months.
Coles Mastercard offers three credit card options: a rewards credit card, a low rate credit card and a no annual fee card.
The Coles Low Rate Mastercard offers a low interest rate of 12.99% p.a. purchases and offers up to 55 interest-free days on purchases if you pay your balance in full by the due date on your statement. It also offers 0.5 Flybuys points per $1 spent at Coles Supermarkets. Points are awarded in whole numbers and rounded down (meaning you earn 1 point for every $2 of eligible spending). These points are in addition to the points you'll earn by scanning your Flybuys membership barcode (on the back of the card).
The Coles No Annual Fee Mastercard is one of the few credit cards that offers both no annual fee for life and a rewards program. This means you can get extra value from the card without wondering if your reward points will balance out the cost of the annual fee. With the Coles No Annual Fee Mastercard, you'll earn 0.5 Flybuys points per $1 spent on eligible purchases anywhere you use the card, as well as standard Flybuys points for spending with partnered retailers. Points are awarded in whole numbers and are rounded down, meaning you earn 1 point per $2 spent with this card.
The Coles Rewards Mastercard offers 2 Flybuys points per $1 spent on all eligible purchases up to $3,000 per statement period (1 point per $1 thereafter). It offers up to 55 days interest-free on retail purchases when you pay the total outstanding balance by the due date on each statement and 0% international transaction fees when you're shopping overseas or online with retailers based overseas. Compared to some other rewards credit cards, this card also has a competitive annual fee of $99.
A Coles Mastercard credit card gives you access to the following benefits:
Coles credit cards are linked to the Flybuys rewards program and double as your Flybuys membership card, with your membership details printed on the back of your credit card. If you want to earn more Flybuys points for your spending, both the Coles Rewards and Coles No Annual Fee cards offer you points for eligible purchases made anywhere. The Coles Low Rate Mastercard also offers points per $1 spent on eligible purchases at Coles Supermarkets. Flybuys has a huge range of program partners and reward options, including travel rewards, frequent flyer points, holiday packages, merchandise and gift cards.
If you choose to use Flybuys points to get money off at the checkout when you shop at Coles, you can scan the back of your Coles credit card and instantly redeem 2,000 Flybuys points for $10 off your shopping at participating Coles Supermarkets. Note that you need a minimum of 2,000 Flybuys points in your account to get money off your shop.
You can save money on your existing credit card debt by transferring it to a Coles Mastercard with a balance transfer offer. For example, the Coles No Annual Fee Mastercard offers 0% p.a. on balance transfers for the first 12 months you have the card, allowing you to save money on interest charges and pay down your debt faster. Any balances remaining after the promotional period will attract interest at the cash advance rate.
You can use your smartphone or eligible device to make contactless payments at the terminal when you link your Coles credit card to Apple Pay or Samsung Pay.
You can apply for a Coles Mastercard online in about 15 minutes. Once you have compared a range of options and chosen the Coles credit card you want to apply for, click "Go to site" and you'll be taken to Coles Mastercard's secure online application page. Before you start, make sure you meet the eligibility requirements. These vary depending on the card you choose but will include:
Make sure you have the following items on hand to assist with your Coles Mastercard application:
Want to know more about Coles credit cards? Here you can read answers to some of the most common questions about them. If you have a specific question we haven't covered, you can also ask your own question using the comment box below.
You can activate your Coles credit card and PIN online via the Coles Credit Card Online Service Centre. Once you have registered or logged on to this service, simply follow the prompts to activate your card and select a four digit Personal Identification Number (PIN) in one easy step.
Alternatively, you can activate your card by calling 1300 306 397 and following the prompts. Remember to also sign the back of your Coles credit card before you start using it.
This process is known as a balance transfer and can help you save money on interest repayments if there is a low/no interest promotion. With Coles credit cards, you can submit a balance transfer application at any time after your card is approved by filling out a balance transfer request form (available on the Coles Credit Cards website).
You'll need to include the account number, the amount you want to transfer and the name of the card-issuing institution. Before you conduct a balance transfer with a Coles credit card, make sure you also understand the following terms and conditions:
If you want to check on your Coles Mastercard application at any time, you can call Coles Mastercard on 1300 306 397.
You'll need to make a minimum repayment of 2% by the due date each statement. Otherwise, a late payment fee will apply. If you want to take advantage of interest-free days, you'll need to pay your entire balance in full.
You can make a payment to your Coles Mastercard using the following methods.
If you want additional credit, call the Coles Mastercard customer service team on 1300 306 397 and let them know that you would like a credit limit increase. A customer service representative will run through some basic questions about your expenses and how much you earn when they make a decision about increasing your credit limit.
Your credit limit is based on how much you can afford to repay, so if you accepted the maximum credit limit when you applied for a Coles Mastercard and your circumstances have not changed, you may not be eligible for a credit limit increase.
Coles and Mastercard have a number of measures in place to protect your account from credit card fraud. Coles credit cards are monitored in real time for unusual transactions. Mastercard also offer various layers of protection, including Mastercard SecureCode when shopping online, and the Mastercard Zero Liability Guarantee.
Lost or stolen credit cards need to be reported immediately so you’re not liable for any unauthorised transactions. Lost or stolen credit cards are blocked right away and a new credit card will be issued as soon as possible.
You can report a lost or stolen Coles Mastercard at any time of the day, any day of the year by calling 1800 055 809. If you're overseas, add the code +61 to the start of this number when you call.
If you need to speak to Coles about your credit card, you can contact them Monday to Friday 8.00AM to 9.00PM, Saturday and Sunday 8.30AM to 8.00PM. The relevant number is as follows:
If you're overseas, add the code +61 to the start of the phone number when you call. Alternatively, you could go to www.financialservices.coles.com.au/credit-cards to find more details about your card, access related forms or log in to the Coles Credit Card Service Centre.
If you want to close your Coles Mastercard account for whatever reason, you can do so by calling a Coles customer service representative on 1300 306 397. Just make sure you don’t owe any money on your card.
Once you've got your Coles credit card, follow these steps to register for the online banking services:
Once you have done this, you'll be able to log in to your account at any time via colescreditcards.com.au.
Unfortunately not, Coles only offers Mastercard credit cards at this stage. Both Mastercard and Visa credit cards offer worldwide acceptance and similar functionality but if you're still unsure, you can compare the range of Coles credit cards to Visa credit cards to help you find an option that's right for you.
If you wish to send a Coles gift card to your loved ones, have a look at this guide and find out what should be considered before buying and using one.
The Coles Low Rate Mastercard offers a low purchase interest rate and allows you to earn Flybuys points as you spend at Coles Supermarkets.
Enjoy 12 months interest-free on purchases & balance transfers. Plus, an ongoing $0 annual fee.
Explore the range of Coles Mastercard credit cards and find tips to help you through the application process.
The Coles Mastercard insurance called Account Cover Plus offers credit card insurance. Find out more here.
The Coles Rewards Mastercard offers a $0 first-year annual fee, a $100 off a Coles Supermarket shop and 0% p.a. interest rate on balance transfers for the first 18 months.