Rewards Mastercard card image
Mini meca 2023

Coles Rewards Mastercard

Advertiser disclosure
Purchase rate
19.99% p.a.
Balance transfer rate
0% p.a. for 6 months and then 19.99% p.a.
Annual fees
$99
Interest free days on purchases
55

Mozo editorial review Coles Rewards Mastercard - last updated: 3 April 2024

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What's hot
  • 2023 Mozo Experts Choice Awards winner
  • Offer: Get up to 50,000 Flybuys bonus points (T&Cs apply)
What's not
  • $30 late payment fee
Mozo snapshot

Help your rewards points fly higher Coles Rewards Mastercard which gets you 2 flybuys points per $1 on eligible spends for the first $3,000 (and 1 point thereafter). The great thing is the points are uncapped and never expire, so you can save them up for as long as you like! 

This card is a winner of an award in the 2023 Mozo Experts Choice Travel Money Award in the Travel Credit Card category as well as a winner of two awards in the 2023 Mozo Experts Choice Credit Card Award winner for best Rewards Credit Card and best Velocity Frequent Flyer Credit Card. 

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Key features

While the Coles Rewards Mastercard has a standard purchase rate of 19.99%, you'll have plenty of breathing room to pay off your balance with up to 55 interest free days. And if you apply by 30 June 2024, you could receive 50,000 bonus Flybuy points if you spend $3,000 or more on eligible purchases within 90 days of approval (T&Cs apply). 

Speaking of points, the Coles Rewards Mastercard is linked to the Coles flybuys scheme, earning you 2 flybuys points per $1 on eligible spending for the first $3,000 (and 1 point per $1 thereafter). Once you've clocked up 2,000 flybuys points you can redeem $10 off your shopping at Coles Supermarkets.

Bear in mind that eligible purchases exclude Cash Advances, Balance Transfers, Special Promotions, BPAY payments, purchases of foreign currency and travellers cheques, transactions made in operating a business, bank fees and charges such as interest and ATM charges.

This card is also really convenient - it's like having your Coles Rewards Mastercard and flybuys all in one. All you need to do to claim your flybuys points at the checkout is scan the flybuys barcode on the back of your card. Easy!

As part of the Mastercard network you can use it wherever Mastercard cards are accepted worldwide and pay via "tap and go" for purchases under $100 with Mastercard PayPass.

Finally, just a reminder that terms and conditions apply to all these offers, so make sure you read the fine print carefully!


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Who is it good for

The Coles Rewards Mastercard is great for fans of the flybuys program and those looking to earn points on their everyday shop.

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Any catches

The annual fee for this card is $99.

While you'll get $10 off your shopping at Coles Supermarkets when you redeem 2,000 flybuys points, keep in mind Coles Express and Coles Online are excluded.


Rewards program details

Rates and fees information correct as at 15 April 2024. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.

What your points get you
Fly Sydney to London return

239,200 points

Fly Sydney to Melbourne one-way

15,600 points

$100 Giftcard

20,000 points

$100 Cash

-

Points earning

2 points per dollar on Mastercard, up to $3,000 per month, then
1 point per dollar on Mastercard, uncapped

Rewards scheme

Collect 2 flybuys point per $1 on eligible spend.

Earn an additional 1 point per dollar spent at Coles and other Flybuys partners when your card is scanned.

Special offers

Receive 50,000 Flybuys bonus points when you spend $3,000 or more on eligible purchases within 90 days of approval. Apply by 30 June 2024.

Value of rewards points

Spend $10,000 (Mastercard)

Spend $7,800 (Mastercard)

Spend $203,200 (Mastercard)

Uncapped

Never

How do we calculate these points?

Rate and fee details

Rates

19.99% p.a.

none

0% p.a. for 6 months and then 19.99% p.a.

yes

19.99% p.a.

55

Fees

$99.00

none

none

none

$30.00

3%, Min $1.95

0%

$2.00

$0.00

$0.00

Features

$30.00

2.0

4

See Coles Credit Cards website for a full list of fees and charges

Payment options

Apple Pay, Samsung Pay

Rewards privileges

Concierge,
Purchase Protection

Customer Reviews

How are Coles credit cards rated by the Mozo community?

Overall
Price
Features
Customer service
Convenience
Trust

Latest reviews of Coles Rewards Mastercard Credit Card

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