A popular household brand in Australia, Coles has been offering quality products and services in the country for over 100 years. Coles Financial Services offers financial products like credit cards and insurance to customers across Australia. Whether you’re after a low fee, low rate or a rewards card, Coles has options for all kinds of financial needs.
And, in 2019, Coles even took out a Mozo Experts Choice Travel Money Award in the best Travel Credit Card category.
Rates and fees verified as correct at 20 February, 2020. Other information correct at the time of writing.
Take a look at the different types of credit cards that Coles has to offer:
Do you generally end up carrying a balance on your credit card? Then a smart way to manage your money is to get a card with a low interest rate. For best value, check out a Coles Credit Card that comes with an everyday low rate interest rate on eligible purchases and lets you earn flybuys points every time you shop at Coles Supermarkets.
| Product | Purchase rate | Balance transfer rate | Annual fees | Interest free days on purchases |
|---|---|---|---|---|
| 12.99% p.a. | 0% p.a. for 6 months and then 19.99% p.a. | $58 | 55 |
If you’re looking for a low fee card, you can choose a Coles Credit Card that comes with no annual fee ever. In addition to the saving that you’ll make on the annual fee, you’ll also earn flybuys points on your eligible everyday spends and get interest free days on purchases when you pay off the full balance every month.
| Product | Purchase rate | Balance transfer rate | Annual fees | Interest free days on purchases |
|---|---|---|---|---|
| 12.99% p.a. | 0% p.a. for 6 months and then 19.99% p.a. | $58 | 55 | |
| 19.99% p.a. | 0% p.a. for 18 months and then 19.99% p.a. (1.50% balance transfer fee) | $0 | 55 |
With a Coles Rewards Credit Card, you’ll not only earn reward points for every eligible dollar you spend, you’ll also have access to other benefits like complimentary access to 24/7 worldwide concierge service as well as Purchase Protection Insurance, which protects the items you buy with your card in case they're lost, stolen or damaged.
| Product | Points per dollar | Purchase rate | Balance transfer rate | Annual fees |
|---|---|---|---|---|
| 0.5 points per dollar on Mastercard, uncapped | 19.99% p.a. | 0% p.a. for 18 months and then 19.99% p.a. (1.50% balance transfer fee) | $0 | |
| 2 points per dollar on Mastercard, uncapped | 19.99% p.a. | 0% p.a. for 18 months and then 19.99% p.a. (1.50% balance transfer fee) | $99 |
| Interest free daysInterest free days | Coles Credit Cards come with up to 55 interest free days on purchases when you pay your full balance off for two consecutive months. If you don't pay your bill in full by the due date, you'll be charged interest from the day you made the purchase - so to avoid paying interest on your spending, you should always try to pay the full closing balance shown on every account statement by the due date. This interest free period also doesn't apply to cash advances or balance transfers. |
| Card securityCard security | Coles Credit Cards are protected round the clock by the Coles Shield, which comprises three layers of defence - technology, action and reliability. The technology fraud management system indentifies any unusual activity on your card and alerts the security experts. If any dubious activity is observed on your card, you will be immediately notified by phone. For added peace of mind, the Fraud Money Back Guarantee ensures that if there’s a fraudulent transaction on your Coles Credit Card, you won’t be held liable, as long as you've let Coles know about any problems ASAP and followed the rest of the terms and conditions. |
| Tap and go Tap and go | You can make contactless payments with your Coles Credit Card, which won’t need you to swipe, sign or enter your PIN when making purchases under $100. All you need to do is hold your Coles Credit Card to the reader for a quick and easy transaction. |
| Online bankingOnline banking | Signing up for Internet banking with a Coles Credit Card is quite a simple process. You just need to go to the Coles Credit Cards website and register for the Online Service Centre. This should hardly take a few minutes, however, in case you need help you can also call customer support for further help. Once you’ve registered, you should be able view statements, transfer money and pay your bills online. |
| Coles Mobile Wallet appColes Mobile Wallet app | The Coles Mobile Wallet app lets you manage your credit card account, track your account balance, access your transaction history and view your flybuys points balance. |
| Additional cardholderAdditional cardholder | Coles Financial Services lets you add a close friend or family member as an additional cardholder who, for a small fee, is allowed to make purchases on your Coles Credit Card account. They can be issued with a card of their own to make these transactions, which would be reflected on your statement. Do remember that while additional cardholders can charge their purchases to your Coles Credit Card account, you will still need to meet the repayment obligations. |
Wonder how Coles Credit Cards stack up against the competition? Check out how the Mozo community has rated Coles Credit Cards on price, features, convenience and customer service.
The interest is high but the point doubling up helps to save.
The interest is high but the point doubling up helps to save.
Cerise, Western Australia, reviewed 14 days ago
I like the no annual fee and Flybuy points.
I like the no annual fee and Flybuy points.
Sharne, Queensland, reviewed 2 months ago
Making BPAY payments to the account takes too long, up to 4 days where as most other banks are instant. Furthermore, you do not have the option to reduce your card limit online and have to call customer service with poor English-language.
Making BPAY payments to the account takes too long, up to 4 days where as most other banks are instant. Furthermore, you do not have the option to reduce your card limit online and have to call customer service with poor English-language.
Emma, New South Wales, reviewed 2 months ago
A quick way to ensure you get some points just by doing your shopping and buying your fuel at Coles. It had a 0.0% balance transfer feature when I got it, as well as a long interest free period for purchases, so the features made this really...
A quick way to ensure you get some points just by doing your shopping and buying your fuel at Coles. It had a 0.0% balance transfer feature when I got it, as well as a long interest free period for purchases, so the features made this really worthwhile for a period of time.
Nathan, Victoria, reviewed 3 months ago
Great customer service over the phone, easy to deal with. Fantastic Flybuys rewards which i use like a Xmas club saver and buy vouchers at Christmas time for all my Christmas shopping!
Great customer service over the phone, easy to deal with. Fantastic Flybuys rewards which i use like a Xmas club saver and buy vouchers at Christmas time for all my Christmas shopping!
Amy, Victoria, reviewed 3 months ago
Mozo may receive a payment from financial providers listed on the site. Customer reviews are in no way affected by any commercial relationships Mozo has with providers. Reviewers may receive a voucher from Mozo in exchange for their review. Vouchers are given to all reviewers who meet our review guidelines regardless of the sentiment of their reviews.
Once you’re done comparing the different Coles Credit Cards and picked the one that suits your financial needs the most, you can hit the ‘Go to site’ button on Mozo to reach the Coles Financial Services website.
Applying for a Coles Credit Card from the website directly is quite simple. You’ll see an online form, which will require you to fill in some personal and financial information such as your contact details, identity proof and employment status. Fill in the form carefully and remember to review it before submitting. You’ll get a response on your application from Coles in under 60 seconds.
Hide