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.
As expected the Coles Rewards Mastercard is linked to the Coles’s flybuys scheme earning you 2 flybuys points per $1 on eligible spends and an additional 1 point per $1 spent at Coles and other Flybuys partners. Once you've clocked up 2,000 FlyBuys points you can redeem $10 off your shopping at Coles Supermarkets.
With two cards on the one account - a Mastercard for convenience and flybuys for points value - you'll free up space in your wallet by carrying one card instead of two. And get the help of your family to boost your rewards points count with the additional card holder option at no extra cost.
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.
It is a good card to take with you on your next overseas trip or shop online at international stores as there is no international transaction fee with the card, which is why it took out two awards in the Mozo Experts Choice Travel Money Awards.
Who it's good for:
The Coles Rewards Mastercard is great for those looking to earn juicy flybuys points on their everyday shop.
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.