The Coles No Annual Fee Mastercard
An awesome low cost credit card for Coles shoppers, the Coles No Annual Fee Credit Card provides heaps of shopping-related perks, as well as some very attractive introductory offers – all with no annual fee, ever.
Whether you always shop at Coles, or even if you don’t visit Coles that often, the Coles No Annual Fee Credit Card is a handy everyday credit card that lets you earn points as you spend. Is it enough for you, though? Let’s take a closer look to find out.
What we love...
When you take into account the fact that this card has no annual fee ever, that’s a pretty good deal indeed. As long as you pay off your balance month-to-month to avoid interest charges, you could be paying nothing for the card, while earning heaps in rewards or getting money off on your Coles shop. And the earn rate? That’s pretty simple too. You can earn 1 flybuys point per $2 on eligible spend.
But that’s not all. With another introductory offer on the table, you could benefit from 0% p.a. on balance transfers for six months, allowing you to pay off existing credit card debt, while saving big on interest.
What’s not so great...
To be honest, there’s not much not to like about the Coles No Annual Fee Credit Card. While it does have a relatively high rate of interest on cash advances and purchases, these can be avoided by paying off the balance month-to-month, and saying no to the cash advance feature.
Why should you choose this card?
As an everyday credit card, this is a simple option that allows you to save money while earning rewards. Plus, there are some very handy features on offer. As a cardholder, you can take advantage of up to 55 days interest free on purchases, allowing you to manage your spending while saving on interest.
Just be aware that to receive those interest free days, you need to pay off the balance each month, and have paid off any balance transfers onto the card.
For Coles shoppers, this is a very convenient card to have in your wallet. For starters, you have a credit card and flybuys card in one, plus you can enjoy $10 off your Coles Supermarket shop instantly when you redeem 2,000 flybuys points.
Other perks include free delivery when you spend $100 or more at Coles online.
An excellent everyday rewards card for Coles shoppers, providing shopping-related perks and some great introductory offers with no annual fee.