Coles Credit Cards

An Overview of Coles Credit Card Features

Coles MasterCard features an average purchase rate and above average interest-free period, which gives you more time to repay purchases before the interest starts to be charged. Annual fees are also on the low side and are competitive with offers from Woolworths.

The interest rate applied to cash advances is lower than our average, but unlike purchases this interest is not covered by interest-free days and is applied from the date of the transaction. There is an ATM cash advance fee of the greatest of either 3% or $1.95; this fee is waived if you withdraw from Westpac ATMs. Cash advances do not earn FlyBuys rewards points.

The Coles MasterCard Online Service Centre allows you to access and manage your account securely and conveniently on the internet, receive online statements and email reminders, and make online transactions including bill payments.

As the main Coles MasterCard cardholder you can authorise up to nine additional cardholders for no extra charge. Each additional cardholder can collect FlyBuys points, meaning you can and earn discounts and rewards faster.

FlyBuys Rewards

Coles MasterCard has the unique feature of allowing you to redeem 1,250 FlyBuys points for a $10 discount on your shopping basket at Coles Supermarkets. This is a simple way to use your credit card spending to save money on everyday grocery costs.

This is a credit card and FlyBuys membership card combined into one card for convenient points earning. Every time you spend $1 on your Coles credit card you earn 1 FlyBuys point. You can also earn extra points when you spend at any of the other retailers participating in FlyBuys program. These include Coles Supermarkets, Coles Express, BI-LO, Kmart, Target and Liquorland.

FlyBuys points can be redeemed at the program’s online store for a wide variety of rewards including audio-visual equipment, home and garden items, entertainment, sports and leisure, wine and dining, luxury items, travel and gift cards. Whenever you have earned 1,250 points you also have the option to redeem them for a $10 discount on your shopping at Coles Supermarkets.

A Q&A for the Coles Credit Card

Q: What are the eligibility requirements for a Coles MasterCard? A: To qualify for a Coles MasterCard you need to be: aged 18 or over; a citizen or resident of Australia; earning an income after tax of at least $15,000 per annum; and you also need to have a good credit history to get approved.

Q: What is FlyBuys? A: It’s Australia’s largest shopping rewards program. Coles MasterCard provides membership to the program and allows cardholders to earn points and redeem them for discounts on shopping at Coles Supermarkets and for a range of other rewards.

Q: What do I need to do to join FlyBuys? A: If you get approved for a Coles credit card you get automatic membership to the FlyBuys program and can start earning points straightaway. The Coles MasterCard is a credit card and a FlyBuys membership card rolled into one.

Q: What if I am already a FlyBuys member? A: When you apply you should give your FlyBuys membership number. If you are approved your new credit card is automatically linked to your FlyBuys membership account. Your card can replace your FlyBuys membership card, or you can continue to use both cards, which are linked to the same FlyBuys membership account.

Q: How do I make sure points are added to my account? A: Your card features a FlyBuys barcode on the reverse of the card. When you make purchases at participating FlyBuys retailers make sure the barcode is scanned and the points are added to your account.

Q: Do additional cardholders earn FlyBuys points? A: Yes, whenever your authorised additional cardholders make eligible purchases they earn points which are added to your FlyBuys account.

Q: How do I get discounts on my Coles Supermarket shopping? A: Whenever you have collected 1,250 FlyBuys points in your account, the next time you get your FlyBuys barcode scanned when paying for groceries at Coles Supermarkets you will be asked if you would like to redeem the points for a $10 discount. You can claim the discount immediately, and then start earning points again.

Q: Is there a limit on claiming the $10 discount? A: You can get a $10 discount as many times as you like, whenever you have at least 1,250 points in your FlyBuys account. However, you can only claim the $10 discount once per shop.

Q: How do I apply? A: Once you have checked that you meet the eligibility requirements, simply click the application button and complete the online application form. You should get a preliminary answer within 60 seconds and if approved you should receive your new card in the post within five to 10 working days.