Help your rewards points fly higher with the 2020 Mozo Experts Choice Credit Card Award winning Coles Rewards Mastercard that earns you 2 juicy flybuys points per $1 on eligible spends, plus a bonus 1 point per $1 spent when you also scan your flybuys card at the Coles checkout. The great thing is the points are uncapped and never expire, so you can save them up for as long as you like! And you'll receive this competitive flybuys points program without the high price tag, with a low $99 annual fee.
Plus there's currently a 10% discount off in-store purchases, when you use your Coles Rewards Mastercard at Coles Express (offer ends 30 November 2020).
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 when you scan your flybuys card. Once you've clocked up 2,000 flybuys points you can redeem $10 off your shopping at Coles Supermarkets.
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.
And if you want to blast away a niggling balance before starting your spending, there is a 0% balance transfer rate for 6 months on offer (1.5% BT fee applies). Just keep in mind that any remaining balance after the 6 months are up will start attracting interest at the higher 19.99% cash advance rate, and while you're using the balance transfer offer, you won't get any interest free days on new purchases made on the card.
Plus, if you use the Coles Rewards Mastercard at Coles Express before 30 November 2020, you could be eligible for a 10% discount. Just keep in mind that this discount only applies to in-store purchases, it does not apply to stuff like fuel, gift cards, telco and phone recharge, calling cards, lottery, charity items, trailer hire, iTunes cards and smoking or tobacco purchases. The discount applies after other offers have been deducted and your card must have been in good standing for at least five days before the purchase. You'll also have to remember to scan your Flybuys card.
Finally, just a reminder that terms and conditions apply to all these offers, so make sure you read the fine print carefully!
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.
Fly Sydney to London return
274,943 points
Fly Sydney to Melbourne one-way
17,931 points
$100 Giftcard
20,000 points
$100 Cash
-
2 points per dollar on Mastercard, uncapped
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.
Spend $10,000 (Mastercard)
Spend $8,966 (Mastercard)
Spend $137,471 (Mastercard)
Uncapped
Never
How do we calculate these points?
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.
none
0% p.a. for 18 months and then 19.99% p.a. (1.50% balance transfer fee)
yes
19.99% p.a.
55
$99.00
none
none
none
$30.00
3%, Min $1.95
0%
$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, PayTag
Concierge,
Purchase Protection
10% off in-store purchases at Coles Express when you pay with the Coles Rewards Mastercard and scan your Flybuys barcode until 30 November 2020.
1) When I first applied for this card it was a no yearly fee card. When it was passed on to Citibank I now have to pay $99 per year. Not so good. 2) I arranged for a monthly direct debit from my bank account to pay the full balance each month. Last month my expected expenses were quite high so I paid $3500 into the credit card account at the beginning of the month so that there would be no chance of being overdrawn. Citibank still took the full end of month balance, $6000+ out of my bank account. Not the balance less $3500. But my bank did not have enough funds to cover that withdrawal. What a mess. When I rang to complain they said "Well, that's what we do." They did offer to refund the $3500. Not so happy!
Read full review1) When I first applied for this card it was a no yearly fee card. When it was passed on to Citibank I now have to pay $99 per year. Not so good. 2) I arranged for a monthly direct debit from my bank account to pay the full balance each month. Last month my expected expenses were quite high so I paid $3500 into the credit card account at the beginning of the month so that there would be no chance of being overdrawn. Citibank still took the full end of month balance, $6000+ out of my bank account. Not the balance less $3500. But my bank did not have enough funds to cover that withdrawal. What a mess. When I rang to complain they said "Well, that's what we do." They did offer to refund the $3500. Not so happy!
High interest rate.
Read full reviewHigh interest rate.
I like the rewards side of this card, because the amount I can redeem for throughout the year offsets the annual fee. The one thing I do dislike about this card is that they removed the option to pay it off over the counter. Having said that, one end of month I didn't transfer the money in time and got a $30 late fee, which was waived after calling them.
Read full reviewI like the rewards side of this card, because the amount I can redeem for throughout the year offsets the annual fee. The one thing I do dislike about this card is that they removed the option to pay it off over the counter. Having said that, one end of month I didn't transfer the money in time and got a $30 late fee, which was waived after calling them.
It's cheap. Interest rates are not a factor because I settle before interest becomes due. Fly buys gives me $10 every few weeks. Helps stretch the budget and while I'm not that far ahead after annual fee, I am ahead.
Read full reviewIt's cheap. Interest rates are not a factor because I settle before interest becomes due. Fly buys gives me $10 every few weeks. Helps stretch the budget and while I'm not that far ahead after annual fee, I am ahead.
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.
Read full reviewA 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.
The Coles Mastercards are part of the Coles Group, owners of the well-known Australian Coles supermarkets. These cards offer a wide range of savings and rewards on everyday purchases.
Promoted
Westpac
Low Rate
13.74% p.a.
0% p.a. for 20 months and then 21.49% p.a. (1.00% balance transfer fee)
$59
Promoted
Virgin Money
Virgin Australia Velocity Flyer Card - Balance Transfer Offer
20.74% p.a.
0% p.a. for 22 months and then 20.99% p.a.
$129 $64 in the first year
Velocity Frequent Flyer
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CUA
Low Rate Credit Card
11.99% p.a.
0% p.a. for 20 months and then 21.74% p.a.
$49 $0 in the first year
Promoted
Qantas Money
Qantas Premier Platinum
19.99% p.a.
0% p.a. for 18 months and then 21.99% p.a. (1.00% balance transfer fee)
$299 $199 in the first year
Qantas Frequent Flyer
Promoted
ANZ
Low Rate
12.49% p.a.
0% p.a. for 25 months and then 20.24% p.a. (1.50% balance transfer fee)
$58 $0 in the first year
Promoted
NAB
Low Rate Card
12.99% p.a.
0% p.a. for 20 months and then 21.74% p.a. (2.00% balance transfer fee)
$59
Promoted
St.George
Vertigo
0% p.a. for 7 months then 13.99% p.a.
0% p.a. for 22 months and then 21.49% p.a. (1.50% balance transfer fee)
$55 $0 in the first year
Promoted
American Express
Qantas Discovery Card
Qantas Frequent Flyer
$0
No current offer
0.75 points uncapped
Promoted
Westpac
Altitude Platinum
Qantas Frequent Flyer
$200 $99 in the first year
60,000
0.5 points uncapped
Promoted
Qantas Money
Qantas Premier Platinum
Qantas Frequent Flyer
$299 $199 in the first year
100,000
1 point up to $10,000/month, then
0.5 points uncapped
Promoted
Bankwest
Qantas Platinum Mastercard
Qantas Frequent Flyer
$160
30,000
0.75 points up to $2,500/month, then
0.3 points uncapped
Promoted
St.George
Amplify Platinum
Qantas Frequent Flyer
$99
70,000
0.5 points uncapped
Promoted
Suncorp
Clear Options Platinum
Suncorp Rewards
$129
100,000
1.25 points uncapped
Promoted
Citi
Rewards - e-voucher Offer
Citi Rewards Program
$199 $99 in the first year
No current offer
1 point up to $10,000/month
Promoted
Bank of Melbourne
Amplify Platinum
Amplify Rewards
$99 $0 in the first year
No current offer
1 point uncapped
Promoted
CUA
Low Rate Credit Card
0% p.a. for 20 months and then 21.74% p.a.
11.99% p.a.
$49 $0 in the first year
Promoted
Westpac
Low Rate
0% p.a. for 20 months and then 21.49% p.a. (1.00% balance transfer fee)
13.74% p.a.
$59
Promoted
St.George
Vertigo
0% p.a. for 22 months and then 21.49% p.a. (1.50% balance transfer fee)
0% p.a. for 7 months then 13.99% p.a.
$55 $0 in the first year
Promoted
ANZ
First
0% p.a. for 18 months and then 20.24% p.a. (2.00% balance transfer fee)
20.24% p.a.
$30
Promoted
Qantas Money
Qantas Premier Platinum
0% p.a. for 18 months and then 21.99% p.a. (1.00% balance transfer fee)
19.99% p.a.
$299 $199 in the first year
Qantas Frequent Flyer
Promoted
CUA
Platinum Credit Card
0% p.a. for 20 months and then 21.74% p.a.
19.99% p.a.
$149 $0 in the first year
CUA Platinum Rewards
Promoted
Citi
Clear Credit Card
0.90% p.a. for 15 months and then 22.24% p.a.
0.90% p.a. for 15 months then 14.99% p.a.
$99
Promoted
Bank of Melbourne
Vertigo
0% p.a. for 22 months and then 21.49% p.a. (1.50% balance transfer fee)
0% p.a. for 7 months then 13.99% p.a.
$55 $0 in the first year
Promoted
Westpac
Low Rate
13.74% p.a.
0% p.a. for 20 months and then 21.49% p.a. (1.00% balance transfer fee)
$59
Promoted
NAB
Low Rate Card
12.99% p.a.
0% p.a. for 20 months and then 21.74% p.a. (2.00% balance transfer fee)
$59
Promoted
CUA
Low Rate Credit Card
11.99% p.a.
0% p.a. for 20 months and then 21.74% p.a.
$49 $0 in the first year
Promoted
ANZ
Low Rate
12.49% p.a.
0% p.a. for 25 months and then 20.24% p.a. (1.50% balance transfer fee)
$58 $0 in the first year
Promoted
St.George
Vertigo
0% p.a. for 7 months then 13.99% p.a.
0% p.a. for 22 months and then 21.49% p.a. (1.50% balance transfer fee)
$55 $0 in the first year
Promoted
Citi
Clear Credit Card
0.90% p.a. for 15 months then 14.99% p.a.
0.90% p.a. for 15 months and then 22.24% p.a.
$99
Promoted
NAB
StraightUp Card
0% p.a.
No current offer
$120 $10/month - waived if no spend & no balance owing
Promoted
Westpac
Low Rate
13.74% p.a.
0% p.a. for 20 months and then 21.49% p.a. (1.00% balance transfer fee)
$59
Promoted
CUA
Low Rate Credit Card
11.99% p.a.
0% p.a. for 20 months and then 21.74% p.a.
$49 $0 in the first year
Promoted
ANZ
Low Rate
12.49% p.a.
0% p.a. for 25 months and then 20.24% p.a. (1.50% balance transfer fee)
$58 $0 in the first year
Promoted
NAB
Low Rate Card
12.99% p.a.
0% p.a. for 20 months and then 21.74% p.a. (2.00% balance transfer fee)
$59
Promoted
St.George
Vertigo
0% p.a. for 7 months then 13.99% p.a.
0% p.a. for 22 months and then 21.49% p.a. (1.50% balance transfer fee)
$55 $0 in the first year
Promoted
Citi
Clear Credit Card
0.90% p.a. for 15 months then 14.99% p.a.
0.90% p.a. for 15 months and then 22.24% p.a.
$99
Promoted
Bankwest
Zero Platinum Mastercard
17.99% p.a.
2.99% p.a. for 9 months and then 17.99% p.a.
$0
