Compare Coles Credit Cards

Compare credit cards offering low everyday rates, no annual fees, or the fastest way to earn flybuys points to find your ideal match.

By   |   Updated 11 Mar 2024

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Comparing Coles credit cards

Coles Low Rate Mastercard

On website

Apply by 30 June 2024

Coles Low Rate Mastercard


  • 0% per annum (p.a.) for balance transfers spanning 15 months. Afterward, it reverts to the cash advance rate of 19.99% p.a.
  • Enjoy a modest annual fee of $58 p.a.
  • Earn 1 Flybuys Point for every $2 spent at Coles Supermarkets.


  • 0% p.a. on balance transfers for 15 months.
  • Complimentary access to your 24/7 local concierge.
  • Interest-free for up to 55 days.


  • There is a 1.5% balance transfer fee.
  • You can only earn Flybuys points at Coles Supermarkets.
  • No interest-free days while you have a balance transfer.
Coles No Annual Fee Mastercard

On website

Apply by 30 June 2024

Coles No Annual Fee Mastercard


  • Experience 0% p.a. interest on purchases for 6 months. Applicable to Retail Purchases (excluding Cash Advances). Reverts to standard purchase rate thereafter.
  • No annual fee, guaranteed.
  • Earn 1 Flybuys point per $2 spent on qualifying purchases.


  • 0% p.a. on purchases for 6 months.
  • No annual fee ever.
  • Complimentary access to your 24/7 local concierge.


  • Transactions made in a foreign currency incur a fee.
Coles Rewards Mastercard

On website

Apply by 30 June 2024

Coles Rewards Mastercard


  • Receive 50,000 Flybuys bonus points upon spending $3,000 or more on eligible purchases within 90 days of approval. Terms and Conditions apply.
  • Earn 2 points per $1 on eligible spend—this is in addition to the regular Flybuys Points earned from other partners.
  • Pay $0 in international transaction fees for purchases made online or overseas.


  • Get 50,000 Flybuys bonus points when you meet the criteria.
  • Collect 2 points per $1 on eligible spend – that’s on top of the usual flybuys points from other partners.
  • Access to the Coles concierge service.


  • The annual fee of $99 p.a.
  • No international travel insurance.

Coles credit cards are a popular choice for individuals looking to earn rewards and enjoy additional purchasing benefits. With various options available, Coles credit cards cater to different needs and preferences. From earning Flybuys points to enjoying special promotions, Coles credit cards offer a range of features that make them a desirable option for many Australians.

Types of Coles credit cards

Coles offers a range of credit cards for different needs and preferences. These may include:

  • Coles Low Rate Mastercard: Ideal for those looking for a competitive interest rate, the Coles Low Rate Mastercard offers a low ongoing interest rate on purchases.
  • Coles No Annual Fee Mastercard: As the name suggests, this card does not have an annual fee, making it a cost-effective option for those looking to save on credit card fees.
  • Coles Rewards Mastercard: With the Coles Rewards Mastercard, cardholders can earn additional rewards points on their purchases, helping them accumulate points faster for frequent flyers.
  • Coles Rewards Platinum Mastercard: For those seeking enhanced benefits, the Coles Rewards Platinum Mastercard offers higher earning rates on rewards points and additional perks such as travel insurance.

Benefits of Coles credit cards

Coles credit cards have several benefits that make them an attractive choice for consumers. Some of the key advantages include:

  • Earn Flybuys Points: By using a Coles credit card for your purchases, you can earn Flybuys points, which can be redeemed for a variety of rewards, including discounts on groceries and other products.
  • Extra rewards: Coles often runs special promotions for credit card holders, providing opportunities to earn bonus Flybuys points or enjoy discounts at partner stores.
  • Balance transfer offers: If you have existing credit card debt, Coles credit cards may offer balance transfer options with low or 0% interest rates for a specified period, helping you manage and pay off your debt more effectively.
  • Additional insurance coverage: Some Coles credit cards come with complimentary insurance coverage, such as travel insurance or purchase protection, providing added peace of mind for cardholders.

How to apply for a Coles credit card

Applying for a Coles credit card is a straightforward process. You can typically apply online through the Coles website or in-store at a Coles Supermarket. To apply, you must provide personal information such as your contact details, income, and employment status.

You may be asked to consent to a credit check to assess your creditworthiness during the application process. Once your application is approved, you will receive your new Coles credit card, allowing you to start using it for purchases and earning rewards.

Managing your Coles credit card

Once approved for a Coles credit card, it's essential to manage it responsibly to make the most of its benefits. Some tips for managing your Coles credit card effectively include:

  • Paying your balance in full: To avoid accumulating interest charges, aim to pay off your monthly balance in full and on time. This will help you maximise your rewards without incurring additional costs.
  • Monitoring your spending: Keep track of your spending on your Coles credit card to ensure you stay within your budget and avoid overspending. This will also help you maximise your rewards earnings.
  • Utilising promotions: Take advantage of any special promotions or offers available to Coles credit card holders, such as bonus points or discounts, to maximise the value you get from your card.
  • Review your statements: Regularly review your credit card statements to check for errors or unauthorised charges. This will help you spot any issues early and address them promptly.

Help choosing a Coles credit card

Find out how Coles credit cards work so you can save money and earn more flybuys points.

  • FAQs

  • Pros & cons

What is the main benefit of Coles credit cards?

The primary benefit of Coles credit cards is the ability to earn Flybuys points on your purchases, which can be redeemed for various rewards.

Are there any annual fees associated with Coles credit cards?

Some Coles credit cards have an annual fee, while others, like the Coles No Annual Fee Mastercard, do not charge an annual fee.

Can I transfer my existing credit card balance to a Coles credit card?

Yes, some Coles credit cards offer balance transfer options, allowing you to transfer your existing credit card balance to a Coles card with a lower interest rate.

Do Coles credit cards come with additional insurance coverage?

Certain Coles credit cards may include complimentary insurance coverage, such as travel insurance or purchase protection, depending on the card type.

How can I earn more rewards with my Coles credit card?

To earn more rewards with your Coles credit card, consider using it for everyday purchases, taking advantage of special promotions, and maximizing your points accumulation through Coles and Flybuys partner stores.


Coles rewards program

Coles credit cards offer a rewards program where users can earn points on their purchases, which can be redeemed for discounts on groceries, fuel, or other Coles Group products and services, providing tangible savings for cardholders.

Introductory offers

Coles frequently provides attractive introductory offers for new cardholders, such as bonus points upon sign-up, discounted fuel vouchers, or promotional interest rates on balance transfers or purchases, enhancing the value proposition of their credit cards.

No annual fee options

Some Coles credit cards come with no annual fee, making them cost-effective options for users who want to minimize their credit card expenses without sacrificing rewards or benefits.

Additional discounts and perks

Coles credit cardholders may enjoy additional discounts and perks at Coles Group stores, such as special promotions, exclusive offers, or bonus point opportunities, enhancing the overall value of the card for frequent Coles shoppers.

Contactless payments

Coles credit cards support contactless payments, allowing users to conveniently tap and pay for their purchases at compatible terminals, offering a fast and secure payment experience.


Limited redemption options

While Coles credit cards offer rewards for purchases, the redemption options may be limited primarily to discounts on Coles Group products and services, which may not appeal to users looking for more diverse redemption options such as travel or merchandise.

High interest rates

Some Coles credit cards may come with relatively high-interest rates, especially for cash advances or purchases made outside of promotional periods, potentially resulting in increased costs for users who carry a balance.

Foreign transaction fees

Coles credit cards typically charge foreign transaction fees for purchases made in a foreign currency, which can add up to significant expenses for users who frequently travel abroad or shop online from international merchants.

Limited acceptance outside Coles group stores

Coles credit cards may have limited acceptance outside of Coles Group stores and affiliated partners, which could be inconvenient for users who frequently shop at merchants that do not accept Coles credit cards.

Less comprehensive travel benefits

While Coles credit cards may offer some travel-related benefits, such as discounted travel insurance, these benefits may be less comprehensive compared to those offered by dedicated travel credit cards or premium cards from other providers.