Coles Credit Cards

20 March 2019

If you want to be rewarded for your everyday spending, the Coles Mastercard may be the choice for you. While we all know Coles as somewhere we can buy our groceries, the organisation also offers great deals and some great features on its credit cards. Get $10 off your Coles Supermarket shop, instantly at the till, when you redeem 2,000 flybuys points.

Alongside Woolies, Coles is one of the biggest supermarket chains in Australia, making it a name Aussies not only recognise, but trust as well. So, it only makes sense that Coles would branch out into the financial services game. Coles Financial Services now has a number of products on offer, from personal loans and insurance, to credit cards and prepaid cards. In terms of credit cards, these focus on rewarding Coles shoppers with flybuys points.

Coles credit cards are not just for Coles customers, of course. They are available to anyone who meets the eligibility requirements. However, as they provide rewards via the Coles rewards program – flybuys – it makes sense for regular Coles shoppers to choose this type of card over a Woolies card, for example. It’s worth remembering that members can also earn flybuys at partner retailers such as Kmart, Target, Liquorland and First Choice Liquor.

Cardholders who are flybuys members can enjoy higher points earning on their shop, while also benefiting from special offers to pick up extra flybuys points. Other benefits include instant cashback on supermarket shopping when redeeming points, and the opportunity to use points within the online flybuys store for travel and merchandise, or convert them into Velocity Points or Etihad Guest Miles.

Unlike many other rewards cards, Coles allows cardholders to earn points while keeping costs down with both low rate and no annual fee options. For those who want more from their card, they can choose within the range to find valuable extras such as no international transaction fees when shopping online or overseas.

Coles Rewards Mastercard

Coles Rewards Mastercard

3 reviews
More info
$0 saved over 6 months
Your savings
$ saved over 6 months
Calculate your savings icon
Coles Low Rate Mastercard

Coles Low Rate Mastercard

5 reviews
More info
$0 saved over 6 months
Your savings
$ saved over 6 months
Calculate your savings icon
Coles No Annual Fee Mastercard

Coles No Annual Fee Mastercard

4 reviews
More info
$0 saved over 6 months
Your savings
$ saved over 6 months
Calculate your savings icon

We found no credit cards using your selected criteria

Update your filters to get more cards to display. Reach out if you are having any problems.

Coles Financial Services

Just as everyone living in Australia has heard of the Big Four, every Aussie has heard of Coles. As one of the country’s biggest supermarket chains, Australians have grown up knowing Coles, whether they shop there or not. But it’s not all about food, you know. These days, Coles is about finance too.

Coles Credit Cards

Coles offers a range of financial products, from home and car insurance, to prepaid and credit cards. Credit cards, you say? As you would expect, Coles credit cards are fairly straightforward. They come in a variety of options, perfect for both money savers and people who want a few little extras on the side.

Looking for the lowdown on Coles credit cards? You’ve come to the right place. Time to look a little closer at what Coles has to offer.

Coles Credit Card Perks

Now to those perks that have been mentioned so often. Yes, Coles credit cards offer access to credit, some money saving capabilities, and some very nice features. But, they also have a few other tricks up their sleeve.

Earn More Points

By choosing a Coles credit card or insurance product, cardholders can earn more flybuys points as they shop. As we said, Coles also offers a range of insurance products. These include car insurance, home insurance and life insurance. By combining these products with a Coles credit card, cardholders can earn more flybuys points as they shop.

Depending on the Coles credit card you choose, and the number of insurance products you sign up for, you could Fast Track your points earning potential so that you earn up to six times more points than with a standard flybuys card alone.

Free Delivery

Prefer to shop online at Coles? Shopping from home is perfect if you don’t have time to get to the shops, or you just prefer to shop from home. With a Coles credit card, you could save time and money. If you spend more than $100 on your online shop – and use your Coles credit card to pay for it – you could enjoy free delivery. Unfortunately, this offer is not available in remote areas.

$10 Off

Want money off your weekly shop? Instead of redeeming points online, there is an easier way with a Coles credit card. Simply use the card to redeem 2000 flybuys points at the checkout, and you will receive $10 off your shop instantly. No hassles, it’s done.

Convenience

Bulging wallet? There are probably heaps of cards in your wallet that you don’t use any more. Coles can help simplify things. Instead of carrying two cards for your Coles shop, now you can just carry one. Your flybuys card is integrated into your Coles credit card so that it automatically collects eligible flybuys points when you use it. This can also solve the problem if you tend to leave your flybuys card at home. You will never miss out on collecting flybuys points as long as you have your Coles credit card.

Security

Ever worried about the safety of your credit cards? Coles takes security pretty seriously, offering three layers of defence against credit card fraud and theft. These include the Falcon fraud management system, Mastercard SecureCode, and immediate fraud notification systems. Cardholders can also benefit from the Fraud Money Back Guarantee from Coles, and Mastercard Zero Liability from Mastercard.

Management

We all know online banking can make keeping track of spending that much easier. Now Coles offers an app that can do just that – while also offering a simple way to pay using your smartphone. Simply download the easy-to-use app, and you can keep track of your spending and pay for your shop using the Coles Pay Tag. Using the app, you can also track your flybuys points and activate your flybuys offers.

Choosing Coles

Opening its first store in 1914, Coles has grown and developed over the years to become one of the most trusted brands in Australia. Having been around for more than 100 years, Coles clearly knows what people want. Whether it’s cantaloupes or credit cards, Coles is there to provide it. Is a Coles credit card right for you? Why not check out the options and find out?

You can earn flybuys points everywhere you use your card, but you earn additional flybuys points when you use your card at flybuys participants. Those who have a Source Mastercard are not eligible to earn flybuys points everywhere; they would need to switch to the Coles Mastercard.The list of flybuys participants includes Target, Kmart, liquorland and webjet.com.au.

As the name would suggest, a no annual fee credit card is a credit card that charges no annual fee. In terms of credit cards from Coles, the Coles No Annual Fee Credit Card sits nicely within this category. So, why would you choose this type of card?

Who’s it good for?

A no annual fee credit card is perfect for cardholders who want access to credit, but who don’t want to pay through the nose for the privilege. In its supermarkets, Coles is all about Down Down prices. You could say this is Coles’ credit card version of keeping costs Down Down.

Paying no annual fee can help cardholders save heaps of money. Some platinum cards and rewards cards can cost hundreds of dollars per year in annual fees, but with a no annual fee card you pay zip. Yes, those platinum and rewards cards tend to offer lots of enticing features – but not everyone needs fancy features.

For those people who only want a credit card so they can buy stuff on credit, a no annual fee card is perfect. For people who don’t need loads of extras, a no annual fee card is usually pretty basic. A no annual fee card can also be good for people who only keep a credit card for emergencies.

Not everyone uses a credit card day-to-day. They rely on cash or debit cards for their everyday shopping needs. But, having a credit card can be handy, just in case it’s needed. Big expenses can sometimes spring out of nowhere, and there’s not always money to pay for them.

With a no annual fee credit card, cardholders can keep a card for emergencies such as these. They’re not paying for a card they rarely use, but it’s there when they need it.

What can it do for you?

If we’re talking about the Coles No Annual Fee Credit Card, there’s a lot it can do for you. Especially if you shop at Coles. With this card, you can earn flybuys points on your everyday shopping, with 1 point for every $2 spent.

You can also enjoy up to 55 days interest free on purchases, as long as you pay off the balance in full each month. The standard purchase rate is pretty high, but as long as you pay off that balance at the end of each month, it can still be a money saver.

It’s also worth checking out if there are any offers on the table, as Coles often has great introductory offers on its credit cards. Coles credit cards also offer a range of other perks – but we’ll get to them soon.

Similar to no annual fee credit cards, low rate credit cards are designed to help cardholders save money. With a low purchase rate, low rate credit cards – such as the Coles Low Rate Mastercard – can allow cardholders to keep the amount they pay in interest to a minimum.

Who’s it good for?

When cardholders keep a balance on their credit cards – when they don’t pay off their balance in full each month – they have a revolving balance. While they may pay off some of what they owe on their card, they may also keep spending on it, so that balance is always there – and always accruing interest.

Some cardholders can’t afford to pay off their balances. Others just don’t realise how much it’s costing them to have a revolving balance. But whatever the reason, with a revolving balance, it’s best to have a card with the lowest possible purchase rate.

That’s where low rate credit cards come in. Standard credit cards often have purchase rates that range between 17% p.a. and 23% p.a. However, low rate credit cards offer much lower purchase rates. Any retained balance obviously attracts a lower rate of interest, so cardholders can save on the interest they pay.

Low rate credit cards can be good for people who have trouble paying off their credit card balances – and for those who are new to the world of credit. If they happen to rack up a large credit card debt, at least it’s attracting a lower amount of interest than on a standard card. This can allow them to pay back more of their debt, and less in interest.

What can it do for you?

The Coles Low Rate Mastercard can be a great money saver – if it’s used correctly. It has a low annual fee and a low purchase rate, so as long as the balance is paid off each month, it can be a money saving winner.

Probably best for regular Coles shoppers, this card allows cardholders to earn flybuys points at a  rate of 1 point per $2 spent. Similar to the no annual fee card, this card also offers up to 55 days interest free on purchases, as long as you pay off the balance each month. Again, there are other perks involved, but we’ll get to them later.

Rewards cards are credit cards that allow cardholders to earn rewards points for using the card. Rewards points can then be redeemed for anything within the rewards program. This could involve frequent flyer rewards for certain airlines, or it could mean cashback or shopper rewards for items such as toasters and suitcases.

With the Coles Rewards Mastercard, cardholders earn flybuys points. These can be redeemed for a whole range of items, from hairdryers and kitchen knives, to golf clubs and wine. They can also be exchanged for store credit, allowing cardholders to enjoy money off their next Coles shop.

Who’s it good for?

Rewards cards are generally better suited to people who spend big on their cards, especially when those cards cost a lot in annual fees. The key to working out whether a rewards card is good for you is to think about what you get in return.

To make it work for you, choose a rewards card that offers the most back for the type of spending you do most often. If you shop at Coles regularly, then a card that rewards that type of spending is ideal. For cardholders who fly with certain airlines regularly, choosing a card that rewards spending on that airline is probably best.

To work out value, first look at how many points is earned on each dollar spent. For example, the Coles Rewards Mastercard offers 2 points per $1 spent. Then work out the value of those points – what kind of value you actually get in return. Lastly – and yes, this needs to be said – think about the type of rewards on offer, and make sure you are actually interested in them.

Lastly, look at how much you are paying out for the card, and compare that to what you are getting in return. If you tend to carry a balance, then a rewards card may not be for you. Carrying a balance and paying out in interest will usually negate the value of any rewards earned.

What can it do for you?

Having a rewards card should obviously reward you. The Coles Rewards Mastercard can certainly do that for the Coles frequent shopper. But this card is also handy for international purchases. Whether you’re shopping online at an overseas store, or you’re travelling abroad and using your card – you will pay no international transaction fees on purchases. On top of that, this card has a very affordable annual fee, especially when it’s compared to other rewards cards on the market.

Recently Asked Questions

Something you need to know? Ask a our credit card expert a question.

Ask Roland a Question

Hi, I’m the site founder and I will personally answer your question within a business day.

By submitting this question you agree to our privacy policy.

49 questions (showing the latest 10 Q&As)

kazz

kazz

20 November 2018
I applied on the weekend and havent heard anything. How long does it normally take and should I try again?
    Roland B Bleyer - CreditCard.com.au Founder

    Roland

    21 November 2018
    Hi Kazz, it typically takes 5-10 working days to process a credit card application. I would wait until early next week. If you have not heard anything then you can reach out to Coles credit card customer service on 1300 306 397 if you like.
fer

fer

15 November 2018
Does coles low rate master card 15 month interst free treats Bpay payments as a normal purchase or a cash advance ? thanks in advance
    Roland B Bleyer - CreditCard.com.au Founder

    Roland

    15 November 2018
    Hi Fer, it depends on how the receiver treats the purchase. Some do not allow payments through credit cards. If they do, then most BPAY payments should be a considered a purchase, not a cash advance.
lore

lore

31 October 2018
dose the rewards mastercard have free travel insurance
    Roland B Bleyer - CreditCard.com.au Founder

    Roland

    1 November 2018
    Hi Lore, the Coles Rewards Mastercard does not come with overseas travel insurance. This is a feature that tends to start with cards around the $200 annual fee mark. My pick for people that travel is the ANZ Rewards Travel Adventure Card. No foreign fees, no cash advance fees overseas, travel insurance, good points earnings, bonus points and a return flight each year inc taxes.
Rodney

Rodney

8 October 2018
Do u have an interest free option on balances transferred on a coles credit card
    Roland B Bleyer - CreditCard.com.au Founder

    Roland

    9 October 2018
    Hi Rodney, Coles do no have 0% balance transfer for 6 months on their credit card range. You can transfer non-Citi credit card debt to any Coles credit card.
Bhargav Potluri

Bhargav Potluri

2 October 2018
I am on Student Dependent visa (My wife is an international student) and I am working permanent part time. My visa ends on 30th August 2019. Will I be eligible to get a coles credit card ?
    Roland B Bleyer - CreditCard.com.au Founder

    Roland

    2 October 2018
    Hi Bhargav, I do not think so with the amount of time left that you will be eligible for any credit card offer in Australia. If your Visa situation changes then reach out again. I hope you have been enjoying your time in Australia.
aanderson

aanderson

20 September 2018
why can't i get a credit card
    Roland B Bleyer - CreditCard.com.au Founder

    Roland

    21 September 2018
    Hi Anderson, have you applied for a credit card recently? If you apply for a range of credit in a short time they can instantly decline you. Have you got a copy of your free credit file? https://www.mycreditfile.com.au/faq/can-i-get-free-copy-my-credit-report. Check to see if any problems. Other than that you need to make sure you meet the minimum requirements to apply.
Marian Reilly

Marian Reilly

18 September 2018
I want to make a payment on my credit card
    Roland B Bleyer - CreditCard.com.au Founder

    Roland

    19 September 2018
    Hi Marian, there are a range of ways you can pay your Coles credit card. You can pay at Australia post though an Over-the-Counter Transaction Fee of A$2.25 will be charged to your Account at the end of the month. BPAY is the most popular. You can make payments from another financial institution through BPAY using Biller Code 8862 followed by your 16-digit Coles Mastercard number as your Customer Reference number. Lastly you can setup Direct Debit. Using Direct Debit avoids the hassle of remembering to make repayments each month. Though you need to ensure there are sufficient funds in the account on the monthly due date.
Nickson

Nickson

21 August 2018
Hi. Im an International Student working at Coles. As an international student and a coles team member, as I eligible to apply for a coles rewards credit card?
    Roland B Bleyer - CreditCard.com.au Founder

    Roland

    21 August 2018
    Hi Nickson, Coles credit cards are only for permanent residents or citizens of Australia. Have a look at the ANZ First Credit Card for Students. To apply as a non-Australian permanent resident. You need more than 9 months remaining on your Visa plus earning a minimum annual income of $15,000.
Gayle

Gayle

12 August 2018
Travelling to China soon is my Coles rewards card suitable for purchases and cash conversion in China are there extra charges
    Roland B Bleyer - CreditCard.com.au Founder

    Roland

    13 August 2018
    Hi Gayle, if you have the Coles Rewards Mastercard. Then it has no foreign transaction fees on overseas purchases. You would still be hit with a cash advance fees if you withdraw from an ATM.
Help us improve

By submitting this feedback you agree to our privacy policy.

My credit card is not listed

By submitting this form you agree to our privacy policy.