The Coles No Annual Fee Mastercard is one of the few cards in the market which comes with a mobile wallet feature which lets you keep track of flybuys points and activate offers with your phone. It also has no annual fee, a 19.99% purchase rate, and you can earn flybuys points on your spending.
For those looking to clear their existing debt, this card won a 2020 Mozo Experts Choice Award in the best Balance Transfer Credit Card category. In fact, for the first 6 months, you won't be charged any balance transfer rate or balance transfer fee.
The Coles No Annual Fee Mastercard is linked to the flybuys program so you'll collect 1 point per $2 on eligible spends, plus you'll also earn the usual points at select partners. Points are uncapped and won't expire so you can save them up or choose to use them as soon as you've accumulated enough for a reward. For instance, 2,000 points buys you $10 off your shop at Coles.
The card has PayPass functionality so you can tap and go for purchases under $100. The card is also accepted wherever Mastercard is, so you can use your card for the weekly grocery shop or at overseas boutiques. There is a 2.5% overseas transaction fee for all international purchases and cash advances (including a visit to the ATM), whether made in person or online.
If you are interested in transferring debt from one card to another, you'll want to make sure there's not a hefty balance transfer rate. With the Coles No Annual Fee Mastercard, you'll have 6 months to pay off any debt transferred without paying interest.
Just keep in mind that after 6 months any transferred balance still left on your card will start attracting interest at the 19.99% cash advance rate.
One last thing - terms and conditions apply to all these offers, so just be aware of the fine print and make sure you know what you're signing up for.
The Coles No Annual Fee Mastercard is a great way to access a credit card rewards program with $0 ongoing annual fee.
Set up those regular automatic repayments or you will be hit with a $30 late payment fee.
Fly Sydney to London return
239,200 points
Fly Sydney to Melbourne one-way
15,600 points
$100 Giftcard
20,000 points
$100 Cash
-
0.5 points per dollar on Mastercard, uncapped
Earn 1 flybuys point per $2 on eligible spend
Earn an additional 1 point per dollar spent at Coles and other Flybuys partners when your card is scanned.
Spend $40,000 (Mastercard)
Spend $31,200 (Mastercard)
Spend $478,400 (Mastercard)
Uncapped
Never
To work out the "Rewards value minus fees" in our Rewards Revealer we:
calculate how many points you'd get each year,
figure out how many flights or gift cards or cashback credits you could get for those points,
work out what that's actually worth to you,
take off the annual fee you'd pay.
More details:
Our calculations are designed to help you compare the value of different rewards schemes. To do this, we've looked at earning a one-way Sydney-Melbourne flight excluding taxes and charges, a return Sydney-London flight excluding taxes and charges, a $100 shopping Gift Card and $100 cashback. Most cards will also offer other rewards, which may be worth more or less than the ones we've shown.
We have made no allowance for bonus points for using your card at specific merchants, introductory offers or special offers. We have not assigned any value to instant discounts, insurances, ticketing and concierge services or other such benefits.
Rewards value calculations do not take credit card interest into account. If you do not pay off your card each month you may be better off looking for a card based on interest rates than on the value of rewards.
In products that have more than one card, a different mix of spend between American Express / Visa / Mastercard will give different results. Mozo's Rewards Revealer lets you choose the mix based on the way you would use such a product, and gives you tailored results.
We assume flights purchased with airline points are 'classic' or 'reward' economy seats with restricted seat availability. 'Any seat' rewards will probably cost more.
To compare the value of flight rewards, we sample online retail flight prices once a quarter based on the average price on a Wednesday 3 months in advance but outside NSW school holidays. For domestic flights we take the lowest available fare from each flight on that day from Qantas Red e-deal, Virgin Australia Saver including baggage and Jetstar Starter including baggage. We calculate the average price excluding taxes and surcharges for each airline, and also the average across all airlines (which we use when rewards are travel agent vouchers). For international flights, we take the lowest available fares on that same Wednesday from each of Qantas, Emirates, Malaysian, Etihad, Singapore, Cathay Pacific and Thai, assuming a return flight 2 weeks later, calculate the average price before taxes and surcharges and use this as our assumed cost of a flight on any airline.
Shopping rewards are based on $100 gift cards from a major national department store.
We make every effort to ensure our calculations are correct and up to date but make no guarantees.
| 19.99% p.a. | |
| 0% p.a. for 12 months | |
| No current offer | |
| yes | |
| 19.99% p.a. | |
| 55 |
| $0.00 | |
| none | |
| none | |
| none | |
| $30.00 | |
| 3%, Min $1.95 | |
| 2.50% | |
| $2.00 | |
| $0.00 | |
| $0.00 |
| $30.00 | |
| 2.0 | |
| 4 | |
| See Coles Credit Cards website for a full list of fees and charges |
Apple Pay, Samsung Pay
Concierge
$100 off in-store purchases at a Coles Supermarket when you spend $1,500 on eligible purchases within the first 60 days. To redeem the offer pay with the Coles Rewards Mastercard and scan your Flybuys barcode. Apply by 30 September 2021.
I had one of these 1-yr interest-free purchase credit cards. Once the period of 1-yr is finished, I was not notified by SMS/EMAIL. I was charged with a 19.99% interest rate for three months until I noticed in the app transactions. Surprisingly, the Coles Master card APP doesn't send the push notification for the interest-charged transaction. When I asked customer care why I was charged an interest rate, they gave me a false answer. Now, I have been following up for two months with customer care to withdrawn my interest. It seems they are very reluctant to remove the interest. Once the promotion period is finished, Coles Master card doesn't send SMS/EMAIL notification, doesn't call the end-user, or even gives you a false explanation of transactions. And they are expecting you to pay the interest for all the months that you even didn't notice, only just because you agreed on the contract at the starting of the account!! This is a trap for the end-user, and I got the worst customer support ever!! In the same period, I have the credit card from NAB and WestPack. NAB customer care called me and notified me of my first interest charged transaction. They explained the promotional period is finished and asked me whether they can help in any way. Later I paid the balance amount, and they have withdrawn the recent interest charge with an annual fee. I have been with Westpac, and they SMS me that the promotional free period will expire. They eventually call me whether they can help me since it is interest-charged. Be mindful and careful before you are going to apply. Think about the company and customer relations/support with whom you are doing business; this is Citi group, later I came to know, this is not Colesgroup!!
Read full reviewI had one of these 1-yr interest-free purchase credit cards. Once the period of 1-yr is finished, I was not notified by SMS/EMAIL. I was charged with a 19.99% interest rate for three months until I noticed in the app transactions. Surprisingly, the Coles Master card APP doesn't send the push notification for the interest-charged transaction. When I asked customer care why I was charged an interest rate, they gave me a false answer. Now, I have been following up for two months with customer care to withdrawn my interest. It seems they are very reluctant to remove the interest. Once the promotion period is finished, Coles Master card doesn't send SMS/EMAIL notification, doesn't call the end-user, or even gives you a false explanation of transactions. And they are expecting you to pay the interest for all the months that you even didn't notice, only just because you agreed on the contract at the starting of the account!! This is a trap for the end-user, and I got the worst customer support ever!! In the same period, I have the credit card from NAB and WestPack. NAB customer care called me and notified me of my first interest charged transaction. They explained the promotional period is finished and asked me whether they can help in any way. Later I paid the balance amount, and they have withdrawn the recent interest charge with an annual fee. I have been with Westpac, and they SMS me that the promotional free period will expire. They eventually call me whether they can help me since it is interest-charged. Be mindful and careful before you are going to apply. Think about the company and customer relations/support with whom you are doing business; this is Citi group, later I came to know, this is not Colesgroup!!
There occurred a fraudulent transaction on my Coles platinum MasterCard of $180.00 on 7th Nov.2020. It's almost 6 months and the Coles Master card Management has not settled the dispute yet through the merchant. I would never recommend anyone to purchase or use Coles Mastercard. I went through many reviews now which showed there were illegal transaction on the card done to various individuals which also shows that there is no safety using the card whatsoever.
Read full reviewThere occurred a fraudulent transaction on my Coles platinum MasterCard of $180.00 on 7th Nov.2020. It's almost 6 months and the Coles Master card Management has not settled the dispute yet through the merchant. I would never recommend anyone to purchase or use Coles Mastercard. I went through many reviews now which showed there were illegal transaction on the card done to various individuals which also shows that there is no safety using the card whatsoever.
I applied the card with the flybuys bonus points, which never came. I called Flybuys and was told that i need to contact Coles card department. I then called card department and was told they can't do anything. And the quality of phone call was really bad with timing differences...hardly can hear it clearly. At the end neither party willing to do anything to help and just let the customer stuck there. Definitely disappointed at their services.
Read full reviewI applied the card with the flybuys bonus points, which never came. I called Flybuys and was told that i need to contact Coles card department. I then called card department and was told they can't do anything. And the quality of phone call was really bad with timing differences...hardly can hear it clearly. At the end neither party willing to do anything to help and just let the customer stuck there. Definitely disappointed at their services.
Coles credit card is easy to get rewards from and is competitive. Switched to Coles because there's no annual fee and we use it frequently considering the stores my partner and I use the card at. I don't need to go out of my way if I need to conduct anything in person as Coles stores are readily available and accessible. The accompanying mobile app is very easy to use and trustworthy. I have recommended this credit card to family members and friends as I have had no problems with this service.
Read full reviewColes credit card is easy to get rewards from and is competitive. Switched to Coles because there's no annual fee and we use it frequently considering the stores my partner and I use the card at. I don't need to go out of my way if I need to conduct anything in person as Coles stores are readily available and accessible. The accompanying mobile app is very easy to use and trustworthy. I have recommended this credit card to family members and friends as I have had no problems with this service.
I made one of the biggest mistakes in getting a Coles credit card. They are the worst ever service I have ever used. Their verification team can torture you anytime whenever they want. First they will approve your application and send you a message that you will receive a credit card soon. This will be marked in your credit history file now. And they start exploiting this point. After your application is approved their verification team will call you daily and ask for very niche and personal documents and they even want access to your job's manager and HR dept as well. And as a threat they say "This will impact your credit history if you don't do it now". Once you get the credit card you activate it but they then block it for further verifcations. And you have to call them time and time again to get it reactivated. Every time you call a new person it's a new story and another 24 hours. Someone who is concerned and doesn't want to mess his credit file history should never opt this service.
Read full reviewI made one of the biggest mistakes in getting a Coles credit card. They are the worst ever service I have ever used. Their verification team can torture you anytime whenever they want. First they will approve your application and send you a message that you will receive a credit card soon. This will be marked in your credit history file now. And they start exploiting this point. After your application is approved their verification team will call you daily and ask for very niche and personal documents and they even want access to your job's manager and HR dept as well. And as a threat they say "This will impact your credit history if you don't do it now". Once you get the credit card you activate it but they then block it for further verifcations. And you have to call them time and time again to get it reactivated. Every time you call a new person it's a new story and another 24 hours. Someone who is concerned and doesn't want to mess his credit file history should never opt this service.
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humm90
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