- No annual fee ever
- Get $100 off a Coles Supermarket shop when you spend $1500 or more on eligible retail purchases within 60 days of approval
- 0% p.a. on balance transfers for 12 months. No balance transfer fee applies. Reverts to cash advance rate.
- Collect 1 point per $2 spent
- $10 instantly off your Coles Supermarket shop when you redeem 2,000 Flybuys points at the checkout in-store each time
- Tap & Pay with Apple and Samsung Pay
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Coles Credit Cards
Coles No Annual Fee Mastercard
Updated 20 July 2021
Coles No Annual Fee Mastercard allows you to collect points with your shopping without paying an annual fee. Get 1 point for every eligible $2 you spend. Plus, enjoy $100 off a Coles Supermarket shop when you spend $1500 or more on eligible retail purchases within 60 days of approval. Get 0% p.a. on balance transfers for 12 months (No balance transfer fee applies. Reverts to Cash Advance rate).
T&Cs apply. Offer ends 30 September 2021
Purchase Rate (p.a)
19.99%
Balance Transfer (p.a)
0% for 12 months No balance transfer fee.
Reverts to 19.99% p.a.
Annual Fee (p.a)
$0
Pros and cons
- High purchase interest rate of 19.99% p.a.
Creditcard.com.au review
Editor Review
Coles No Annual Fee Mastercard
Roland Bleyer
Credit Card Expert with over 15 years card experience and the founder of Creditcard.com.au. Ask Roland a Question about this card.
The Coles No Annual Fee Mastercard
An awesome low cost credit card for Coles shoppers, the Coles No Annual Fee Mastercard 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 Mastercard is a handy everyday credit card that lets you collect 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, it's a pretty good deal. 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 collect 1 Flybuys point for every eligible $2 you spend.
But that’s not all. With another double introductory offer on the table, you could benefit from 0% p.a. on balance transfers for 12 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 Mastercard. 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. Just take not that you can not get the interest free period while you have a balance transfer.
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 at the checkout in-store each time.
Overall Rating
An excellent everyday rewards card for Coles shoppers, providing shopping-related perks and some great introductory offers with no annual fee.
User reviews
Rates and fees
Interest rates
Purchase rate 19.99% p.a.
Cash advance rate 19.99% p.a.
Interest free period on purchases up to 55 days
Balance transfer
Balance transfer rate 0% p.a. for 12 months
Balance transfer revert rate 19.99% p.a.
Balance transfer from personal loan Yes
Balance transfer fee No fee
Balance transfer limit 80% of approved credit limit
Banks you can't balance transfer from Coles
Credit limits
Minimum credit limit $2,000
Maximum credit limit N/A
Fees & repayments
Annual fee $0 p.a.
Additional cardholder fee Up to 4 at no extra cost
Foreign transaction fee 2.5%
Minimum repayment 2% or $30, whichever is greater
Cash advance fee Min. $1.95 or 3% of transaction, whichever greater ; $5 for international cash advances
Late payment fee $30
Rewards and points
Rewards program
Rewards Program 
Flybuys
Bonus points N/A
Annual points cap uncapped
Bonus points spend criteria N/A
Earning points with this card
Flybuys Rewards points 0.5 points per $1 spent
Points cap per month N/A
Overseas earn rate same as standard earn rate
Additional features
Complimentary insurance
International Travel Insurance No
Flight Inconvenience Insurance No
Transit Accident Insurance No
Smartphone Screen Insurance No
Purchase Protection Insurance No
Extended Warranty Insurance No
Rental Vehicle Excess In Australia Insurance No
Extras
Tap & Pay with Apple and Samsung Pay.
Overview
Coles No Annual Fee Mastercard
Why pay an annual fee when you don’t have to? Coles No Annual Fee Mastercard still allows you to collect points with your shopping. You collect 1 point for every eligible $2 you spend when you use this card, and of course you pay no annual fee ever.
Key features
- No Annual Fee Ever
- Get $100 off a Coles Supermarket shop when you spend $1500 or more on eligible retail purchases within 60 days of approval
- Collect 1 point per $2 on eligible spend
- 0% p.a. on balance transfers for 12 months. No balance transfer fee applies. Reverts to cash advance rate
- Up to 55 days interest free on purchases if you do not have a balance transfer
- Mastercard and Flybuys card in one
- $10 instantly off your Coles Supermarket shop when you redeem 2,000 Flybuys points in-store at checkout
- Interest rate of 19.99% p.a. on purchases and cash advances
Minimum criteria to apply for this card
-
Be over 18 years old
-
Good Credit and have not applied for multiple credit cards recently
-
Australian permanent resident
-
Minimum income of $25,000 p.a.
You have your personal details ready to complete the online application
Roland B Bleyer founded Creditcard.com.au in 2005 and has extensive knowledge about credit cards. He personally answers all questions and write the editor reviews for each card here. Always keen to share his passion to educate consumers and help you select better suited credit cards.
Recently Asked Questions
Something you need to know about this card? Ask a our credit card expert a question.
Ask a question278 questions (showing the latest 10 Q&As)
I have just been given an opportunity to shop around for a credit card due to the fact that my new card cannot have "Tap and Go" disabled. Is it possible to have this feature disabled on your card?
Hi Alan, thanks for your question! Contactless payments are a permanent feature of credit card and can't be disabled. If you’d like to not have them in your mobile phone, you can remove your credit card from your mobile wallet app, this feature is still disabled.
Re. Coles no-annual-fee mastercard: The minimum application criteria specifies minimum income of $25000 annually. I am a self-funded retiree with a decent amount of cash and assets, but thanks to Wuhan and Canberra, my annual deposit interest earnings are now less than $25000. I can easily pay any required minimum payment (or even the entire outstanding amount) by the due date from cash deposit accounts, and in fact I have been doing so for years with my current Mastercard. Am I eligible to apply for this Coles no-fee card?
Hi Bill, thanks for your question. I checked on the bank’s page and I don’t see specific information for self-funded retirees. However, you’ll need to meet the income requirements and have a great credit rating. Should you be able to provide proof of a sustainable income, then it could be ok to apply.. Please note though that they may request further information.. If you’re ready, you can click here to proceed with your application.
My wife and I are aged pensioners and would like to know if the pension is enough income to enable us to apply for a $3000 Limit credit card. Currently have a credit card (Zero Balance) and the bank is going from no annual fee to a fee. we would cancel that one if we could get a different no fee card. We own our own home and have no debts
Hi Peter, thanks for your question! It’s important to make sure you meet the eligibility criteria of the bank, you can apply for a different card. You can check on our a href=“/pensioner-credit-cards/“>Pensioner Credit Cards page for your options. It could be worth calling your bank to see if you’re eligible for an annual fee waiver.
Hi I am on 820 visa, Can I apply for this? Thanks
Hi Molly, most credit cards require you to have at least 9 months left on your Visa and also meet the income requirements. We've compiled a list of cards here you can consider. If you'd like to call Coles directly to check your eligibility they're available on 1300 306 397. Thanks for the question.
is this card suitable for travel over seas and is it possible to set monthly or yearly auto repayments to vendors?
Hi Gunther, you can definitely use this card overseas but it does charge a 2.50% fee per transaction. For auto-payments, you just have to set those up with the vendors to auto-debit.
Do I collect bonus points with the Coles no annual fee credit card when I spend money any where, or just when I spend at Coles?
Hi Goeff, there are no "bonus" points on the Coles No Annual Fee Mastercard. But you earn Flybuys points (at the usual rate of 1 per $2 spent) for all eligible transactions - not just at Coles. The same goes for the minimum $1,000 spend to get $100 off a shop. Eligible transactions include most of your everyday purchases excluding (but not limited to) Cash Advances, Balance Transfers, Special Promotions, BPAY payments, purchases of foreign currency and travellers cheques, transactions made in operating a business, payments to other Citi accounts, bank fees and charges such as interest and ATM charges, transactions made using flybuys Points and government related transactions.
1) is there a credit free period? 2) what is the minimum amount I have to spend monthly? 3)
Hi Steven, the standard interest-free period on this card is up to 55 days. Until 31 March 2021, you can get a 12 month interest-free period on purchases and balance transfers. There is no minimum amount you have to spend each month.
I cannot get the application for the mastercard to load
Hi Lorraine, I'm sorry about that. There are a few steps you can take to try and get it working, if these don't work, please reach out again. - Try a different device (the Coles forms load well on phones & computers) - Clear your browser's cache and cookies - Disable any plugins or extensions on your browser - Disable any firewalls in case something is blocking the site I hope that works!
Can i apply online apply for low interest cedit card , or i visit to your branch
Hi Keshav, CreditCard.com.au is a comparison website and we do not offer credit cards ourselves. We direct you to the bank or lender and you apply and give all of your details to them. For the Coles No Annual Fee Mastercard you can just click on the green 'Go to offer' button on this page and you'll be taken to Coles where you can submit your application online.
Hi. I want to get 2000$ interest free credit to pay back in 6 to 12 months. Would you please guide me which credit line is suitable for me?
Hi Nil, there are lots of credit cards out there at the moment with 0% interest offers for 6-12 months. This Coles No Annual Fee Mastercard is one of those cards offering 12 months interest-free right now, 19.99% p.a. after the first 12 months. It also offers an ongoing $0 annual fee, so if used correctly, this card could cost you nothing and you could borrow that $2,000 without having to pay interest or fees. You should also compare other cards with the features you're interested in (like rewards or balance transfers) and eligibility criteria that fits your circumstances. I hope that helps.
This would be our only credit card. We are on a full Pension with additional income from Super of $2300 per month. We have had a credit card with ANZ for years which they are closing and wish us to move to another card (apparently not making them enough money). We own our home and always pay off our card so as not to pay interest. When applying for this card they said not enough income and not to include the super. When I put the pension amount in we can go no further because we don't earn enough. Surely there is a way aound this because it is a very attractive card. Also we own two cars. We owe nothing at all.
Hi Jennifer, the minimum income requirement for the Coles No Annual Fee Mastercard is $25,000. For Coles credit cards, retirees and self-funded retirees need to provide one of the following documents during the application (plus your proof of address and proof of residency): Annual Superannuation Statement which includes an Indexed Pension Amount, or Most recent Pension statement, or Three months of personal bank statements showing regular credit or cash deposits, or Most recent Self-Managed Superannuation Fund Tax Returns less than 15 months old, or Letter from Superannuation Fund, or Most recent Notice of Assessment, or Latest Individual Income Tax Return. If you're having a tough time with the online application form, it's a good idea to give Coles a call at 1300 306 397 and see if they can help.
Hi, would I be approved for this Mastercard as I am on a Centrelink pension and draw a small amount from my superannuation pension total income $27,342pa? I currently have an ANZ credit card and pay it off in full at the end of each month. The annual fee is too high and I would like to go to a zero fee per year.
Hi Charmaine, the minimum income requirement for the Coles No Annual Fee Mastercard is $25,000. For Coles credit cards, retirees and self-funded retirees need to provide one of the following documents during the application (plus your proof of address and proof of residency): Annual Superannuation Statement which includes an Indexed Pension Amount, or Most recent Pension statement, or Three months of personal bank statements showing regular credit or cash deposits, or Most recent Self-Managed Superannuation Fund Tax Returns less than 15 months old, or Letter from Superannuation Fund, or Most recent Notice of Assessment, or Latest Individual Income Tax Return
Hi, does Coles No Annual Fee Mastercard have a "Family Card"? My wife doesn't work now and need family card for her. If not, is there any free annual fee credit card with family card?
Hi Hiroshi, these are called "additional cards" or "supplementary cards" and yes, you can add up to 4 additional cardholders for $0 annual fee.
I already have coles low rate mastercard. Can i apply for this and most importantly can i use balance transfer to pay off my personal loan? Thanks
Hi Sudarshan, unfortunately this offer is not available if you currently hold or recently closed another Coles credit card. Citi credit cards do offer the option to balance transfer personal loan debt, however. I hope that helps.
Can I transfer money into this credit card? Does this card have a BSB and Account Number? Can I use this card to take out cash if my account is in credit?
Hi Raed, assuming you meet all the eligibility requirements, yes, you can transfer a balance onto this credit card. It currently offers 0% p.a. for 12 months. Credit cards don't use the same BSB and account numbers as savings or transactions accounts. Usually the account number is the 16 digit card number. And yes, you can make cash advances on the Coles No Annual Fee Mastercard.
I am looking at the best possible 0 transfer credit card.
Hi Snezana, there is no one "best" balance transfer for everyone. It depends on how long you need to pay off your debt (usually the longer the better - but a shorter offer where the card has more features could be more appealing), which card(s) your existing debt is on (you can't balance transfer between the same institutions) and the rates & fees (interest rates and annual fee you're willing to pay). I hope that helps you get started.
can i have a second card for my wife
Hi James, to add an additional cardholder to a Coles credit card, you can sign in to the Online Service Centre, and apply for an additional card under the "Manage my Card" section.
Hi, i am currently employed by NSW Health as a casual employee and have been since 28/11/2019. I have a mortgage with my partner and we have quite alot of equity. I have no other debts as i own my car. Would i be eligible to apply for a Coles Mastercard or would the fact that I am casual automatically decline my application?
Hi Renae, the employment requirement for the Coles No Annual Fee Mastercard is that you have permanent full-time or part-time employment, or are self employed. If you do not meet this criteria, it is not suggested that you apply for the card.
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13 March 2017I have used my new credit card many times but keep getting conflicting information about the $100 offer Today I was told that I had to spend over $100 to receive it. Other times I was told to spend any amount activates the $100 offer. Not happy.
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