The Coles No Annual Fee Mastercard was highly commended in the 2024 Finder Awards Best No Annual Fee Rewards Credit Card category. As well as bonus points, this offer gives you a way to save on upcoming purchases with 0% p.a. interest on purchases for the first 6 months. Just make sure to factor in the 19.99% p.a. interest rate that applies after that, because it could quickly add up if you’re still paying off purchases.
Coles No Annual Fee Mastercard – Bonus Points Offer
![Coles No Annual Fee Mastercard - Bonus Points Offer](https://dvh1deh6tagwk.cloudfront.net/credit-cards/images/product/coles-naf-sml-14-jun-2018.jpg)
- Bonus points
- 20,000
- Purchase rate for the first 6 months (reverts to 19.99%)
- 0% p.a.
- Reward points per $ spent
- 0.5
- Annual fee
- $0 p.a.
Our verdict
Offers 20,000 bonus Flybuys points and 0% interest on purchases for the first 6 months, with no annual fee ever.
Pros
-
20,000 bonus Flybuys points
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0% p.a. on purchases for the first 6 months
-
Ongoing $0 annual fee
-
Earn Flybuys points for your spending
Cons
-
Flybuys points earn rate is low at the equivalent of 0.5 points per $1 spent
-
19.99% p.a. purchase rate after the introductory period
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2.5% foreign transaction fee
Details
Product details
Product Name | Coles No Annual Fee Mastercard - Bonus Points Offer |
Purchase rate p.a. | Purchase rate p.a. 0% for 6 months, then 19.99% |
Interest-free period | Up to 55 days on purchases |
Cash advance rate p.a. | 19.99% |
Min credit limit | $1,000 |
Card type | Mastercard |
Eligibility
Joint application | No |
Rewards
Rewards program | Flybuys |
Bonus points | 20,000 |
Rewards points per $ spent | 0.5 |
Rewards points cap | Uncapped |
Fees
Annual fee | Annual fee $0 |
Minimum monthly repayment | 2% of the closing balance or $30, whichever is greater |
Late payment fee | $30 |
Foreign currency conversion fee | Foreign currency conversion fee 2.5% |
Cash advance fee | 3% or $1.95, whichever is greater |
Overseas cash advance fee | $5 |
Additional cardholder fee | $0 |
Number of additional cardholders | 4 |
Your reviews
![Avatar](https://www.finder.com.au/finder-au/wp-uploads/2022/05/AmyBG_Supplied_1000x1000.jpg)
Amy Finder
Editor
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![Avatar](https://www.finder.com.au/finder-au/wp-uploads/2023/10/Sarah-Megginson_2023_600x600.jpg)
Sarah Megginson Finder
June 11, 2024
Yes that’s right, using this card you’ll earn FlyBuys points on all eligible purchases. The earn rate is 1 point for every $2 spent, and there is no cap.
Hope this helps!
![Avatar](https://www.finder.com.au/global/images/finder-default-gravatar-64.png)
Lee
May 29, 2024
what’s the upper limited of Coles no annual Fee Mastercard can be used monthly? Also, if I purchase items in Cole with the credit card (earn 0.5 point/dollar), whether I still can wipe my Flybuys card to earn points or not? Thanks.
![Avatar](https://www.finder.com.au/finder-au/wp-uploads/2023/10/Sarah-Megginson_2023_600x600.jpg)
Sarah Megginson Finder
May 30, 2024
Hi Lee,
The upper limit is not publicly available, you’ll need to contact Coles for that information.
As for your Flybuys card, you can swipe that as well and earn points twice: once on your credit card and once on your Flybuys card.
Hope this helps!
![Avatar](https://www.finder.com.au/global/images/finder-default-gravatar-64.png)
Mahmuda
May 05, 2024
Hi there!
What is the late payment fee? Would you please explain in simple words. Thank you.
![Avatar](https://www.finder.com.au/finder-au/wp-uploads/2023/10/Sarah-Megginson_2023_600x600.jpg)
Sarah Megginson Finder
June 10, 2024
Hi Mahmuda,
This card attracts a fee of $30 each time they do not receive the Minimum Payment Due (and any Overdue Amount) by the Payment Due Date.
It will be debited to your account after the payment due date.
Hope this helps!
![Avatar](https://www.finder.com.au/global/images/finder-default-gravatar-64.png)
Anna
February 22, 2024
Hi is there a BT on this card?
![Avatar](https://www.finder.com.au/finder-au/wp-uploads/2023/10/Sarah-Megginson_2023_600x600.jpg)
Sarah Megginson Finder
May 02, 2024
Hi Anna,
Right now there is no balance transfer offer on this card. You can review some current balance transfer options here.
Hope this helps!
![Avatar](https://www.finder.com.au/global/images/finder-default-gravatar-64.png)
Mimi
February 19, 2024
Hi there,
“0% p.a. on balance transfers for 12 months, with no BT fee” — does this mean that after the 12 month period, the 55 day interest-free period becomes obsolete and one will have to pay interest daily on any purchase they make?
Thank you :)
![Avatar](https://www.finder.com.au/finder-au/wp-uploads/2023/10/Sarah-Megginson_2023_600x600.jpg)
Sarah Megginson Finder
February 20, 2024
Hi Mimi,
Yes that’s right, after 12 months, any balance you’re still carrying from the initial balance transfer will be subject to the current full interest raet each day until it’s paid off.
Daniel
June 04, 2024
Does this card give you flybuy points on any type of transaction from any type of purchase or only places that partner with flybuys