From earning more flybuys points to saving on rates and fees, compare Coles credit cards to find the right option for you.
Coles credit cards are designed to suit different spending habits and needs, with rewards credit cards, low rate and no annual fee cards as well as platinum options. If you're a member of the Coles Group's flybuys program, your Coles credit card can also double as your flybuys membership card.
As well as earning flybuys points through your rewards account, Coles credit cards offer you points for all your eligible spending. So depending on the card, you could get flybuys points even if you're not shopping with a program partner. Here, you can compare Coles credit cards and learn more about their individual features to decide if one of these products is right for you.
Receive 20,000 bonus flybuys points
Offer ends 31 January 2018
Eligibility criteria, terms and conditions, fees and charges apply
Coles Credit Card Offer
This card allows you to earn flybuys points on everyday purchases. Plus, enjoy up to 62 interest-free days on purchases.
- $0 p.a. annual fee.
- 19.99% p.a. on purchases
- Cash advance rate of 19.99% p.a.
- Up to 62 days interest free
- Minimum income requirement of $25,000 p.a.
Comparison of Coles Credit Cards
Types of Coles credit cards
Coles Mastercard offers three credit card options: a rewards credit card, a low rate credit card and a no annual fee card. Plus, if you apply for any of these Coles credit cards and get approved for a credit limit of $6,000 or more, you'll automatically be issued with a platinum version of that credit card.
Low rate credit cards
Low rate credit cards can be a more cost-effective option if you struggle to pay off your debts. The Coles Low Rate Mastercard charges a 12.99% p.a. interest rate on purchases and offers up to 62 interest-free days on purchases if you pay your balance in full by the due date on your statement. This Coles credit card also offers 0.5 points per dollar spent at Coles Supermarkets. Points are awarded in whole numbers and rounded down. This is in addition to the flybuys points you earn when you shop and scan your membership barcode at Coles and with flybuys partners.
No annual fee credit cards
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.
Rewards credit cards
The Coles Rewards Mastercard offers 2 flybuys points per $1 spent everywhere. When compared to some other rewards credit cards, it has a competitive annual fee of $99 and also offers no international transaction fee on purchases when you shop overseas or online with international merchants.
Platinum credit cards
You can enjoy Platinum Mastercard benefits when you apply for any Coles credit card and are approved for a credit limit of $6,000 or more. As well as a higher credit limit, you'll gain access to complimentary extras such as a 24/7 worldwide concierge service and merchandise protection insurance for items you buy with your card. Unlike many other platinum options, these credit cards have the same annual fees and interest rates as regular Coles credit card accounts.
The benefits of banking with a Coles Mastercard
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 membership 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 an extra 1 flybuys points per $2 spent on eligible purchases made at Coles Supermarkets. flybuys has a huge range of program partners and redemption options, including flights, frequent flyer points, holiday packages, merchandise and gift cards.
Free delivery for Coles online shopping
Shop at Coles Online and enjoy free delivery for orders of $100 or more when you pay with your Coles credit card. Note that normal delivery terms and conditions apply and this offer excludes spending on tobacco and tobacco-related products. Free delivery is also unavailable for remote delivery orders.
Get money off your shopping at Coles
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 to instantly redeem 2,000 flybuys points for $10 off your shopping at participating Coles Supermarkets.
Coles Mobile Wallet
The Coles Mobile Wallet allows you to make contactless payments wherever there’s a Mastercard PayPass contactless terminal. It also lets you view recent transactions and your flybuys points balance. Just apply and get approved for a Coles Mastercard, then download the Coles Mobile Wallet app and request a Coles Pay Tag so you can link your smartphone, Coles Mastercard and your flybuys card together.
Balance transfer offers
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 Rewards Mastercard offers 0% p.a. on balance transfers for the first 6 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 purchase rate.
Earn frequent flyer points and status
If you're a member of the Velocity Frequent Flyer program, you can redeem a minimum of 2,000 flybuys points for 870 Velocity Points. You can also earn 1 Velocity Status Credit per $100 spent at Coles Supermarkets, Coles Online, First Choice Liquor and Liquorland (up to 10 Status Credits per month). Or, if you're an Etihad Guest member and linked your accounts through flybuys before December 2017, you can earn 1 Etihad Guest Tier Mile for every $1 spent at Coles Supermarkets, Coles Online, Coles Express, Liquorland or First Choice Liquor (up to 2,500 Tier Miles per month).
If you apply for a Coles Rewards, Low Rate or No Annual Fee Mastercard and are approved for a credit limit over $6,000, you will automatically get a Platinum account with additional benefits. These include access to a 24/7 worldwide concierge service and complimentary insurance to protects the items you buy with your card against loss, theft or accidental damage.
How to apply for a Coles Mastercard credit card
Applying for a Coles Mastercard is easy and can be done 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 a 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:
- Age. You must be at least 18 years of age.
- Residency status. You must be a permanent resident or citizen of Australia, or have the right to work in Australia.
- Minimum income. You must meet the minimum income requirements for the card, which start from $25,000 per year.
Required information and documents
Make sure you have the following items on hand to assist with your Coles Mastercard application:
- Personal information. You will need to verify your identity using your driver’s licence or another form of approved identification. You’ll also need to enter your residential address, email address and provide at least two phone numbers, such as your mobile and home phone number.
- Financial information. You need to provide details about your income and your expenses. This includes information like your salary, food budget, rent or mortgage repayments as well as other living expenses.
- Other credit cards. If you want to transfer your existing credit card balance to a Coles credit card under a balance transfer promotion, you’re required to enter the card number and amount you want to transfer from these accounts.
- Current flybuys number. If you are an existing member of the flybuys rewards program, have your membership number ready so you can link it to your Coles credit card right away.
Frequently asked questions
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.