Coles Credit Cards

Pauline Hatch     

The Coles Mastercard rewards everday spending. No longer just a place to buy groceries, Coles offers great deals and some very cool features on its credit cards.

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 for anyone who meets eligibility requirements, not just Coles customers. 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 collect 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. Unlike many other rewards cards, Coles allows cardholders to collect 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.
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Coles Low Rate Mastercard

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$0 saved over 15 months

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points earned over 12 months

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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. Coles credit cards are straightforward and no-fuss. 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

Ok, over to perks. 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.

Collect More Points

By choosing a Coles credit card or insurance product, cardholders can collect 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 collect 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 collect up to six times more points than with a standard Flybuys card alone.


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.


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.


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?

Can you collect points with Coles Mastercard everywhere you spend?

You can collect Flybuys points everywhere you use your card, but you collect additional Flybuys points when you use your card at Flybuys participants. Those who have a Source Mastercard are not eligible to collect Flybuys points everywhere; they would need to switch to the Coles Mastercard.

The list of Flybuys participants includes Target, Kmart, liquorland and

What no annual fee credit cards does Coles offer?

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 collect 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.

What low rate cards does Coles offer?

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 collect 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.

What rewards cards does Coles offer?

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 collect 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.

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67 questions (showing the latest 10 Q&As)



20 May 2024
I have no credit score and I am trying to build one do I can get a small loan for a car , what credit card is best for me
    Pauline -


    21 May 2024
    Hi LIsa, if you’re trying to build your credit score things like phone plans and utility accounts can help. You should get a copy of your credit file for reference, too. I’ve heard from other users that they enquired with the provider they currently have a transaction account with, but you should call your provider and chat through some options. You can also consider comparing some of the cards on our guide to first time credit cards. Hope this has helped you out Lisa!


10 August 2023
I want to pay a bill by my coles credit card, how do I pay an invoice with bank acc details?
    Pauline -


    11 August 2023
    Hi Trish, If the biller accepts BPAY as a form of payment, you can. Here’s an article we’ve written that guides you on how to link your card for BPAY. If you do a straight transfer, you’ll most likely be charged the cash advance rate of interest.
George karipidis

George karipidis

28 March 2023
    Pauline -


    29 March 2023
    Hi George, you’ve actually reached, Australia’s leading credit card comparison site. Usually, credit card issuers send a new card a few weeks before the current card’s expiry date. But it’s best to reach out to Coles directly at 1300 306 397 to make a request.


16 March 2023
I've been refused a credit application because I have a Coles MasterCard that I'm unable to obtain a statement for. It was the card account number when Coles MasterCard were owned by Citibank but the credit check shows I pay my card monthly by BPay into the old card account number. That leaves the credit check showing one MasterCard account on my credit check file (the NAB account number) and a second account number on my banking record showing payments to the old Citibank account number. How can I get documentation to prove it's the same single account?
    Pauline -


    16 March 2023
    Hi Russ, I’m sorry to hear about your application being rejected. Depending on who you got your credit report through, you’ll need to contact either Experian or Equifax.You can dispute items on your report or request corrections by contacting the credit bureau. You can reach Experian on 1300 783 684 and Equifax on 13 8332. They should be able to help you with your problem!
Servington West SAVERY

Servington West SAVERY

8 March 2023
My PIN number is being rejected and I need to know what is going wrong
    Pauline -


    9 March 2023
    Hi Servington, sorry to hear that you are having problems with your card PIN. It’s best to call Coles customer support directly at 1300 306 397 so they can help you work out why your PIN is being declined and how the issue can be resolved.


13 January 2023
Does the coles platinum Mastercard come with free travel insurance like the com bank one?
    Pauline -


    17 January 2023
    Hi Brett, that's a good question! The Coles Platinum Mastercard was retired from the market and superseded by the Rewards Card. If you still hold the card, here's the official complimentary insurance booklet PDF for information on the coverage provided. Hope that helps!


12 October 2020
can you use coles credit card to shop for anything (not just at coles) as per normal bank visa or mastercard and, can you get a coles cred card with a limit say $1000?
    Roland B Bleyer - Founder


    14 October 2020
    Hi Zenk, yes that is correct. You can use the card at any place that accepts Mastercard.
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