Flybuys Credit Cards

Compare Flybuys credit cards to earn points on everyday spending.

By   |   Verified by David Boyd   |   Updated 27 May 2024

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Comparing Flybuys Credit Cards

Coles Rewards Mastercard

On website

Apply by 30 June 2024

Coles Rewards Mastercard

Rewards program


Points per $1 spent

2 points

Sign up bonus

50,000 points

Annual fee

$99.00 p.a. ongoing


  • 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 Low Rate Mastercard

On website

Apply by 30 June 2024

Coles Low Rate Mastercard

Rewards program


Points per $1 spent

0.5 points

Sign up bonus


Annual fee

$58.00 p.a. ongoing


  • 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.

Flybuys is a popular Australian loyalty program co-owned by the Coles retail group and Wesfarmers. Members earn points on eligible purchases from various partner retailers, including Coles, Target, Kmart, Liquorland, First Choice Liquor, Bunnings, Officeworks, and other retail and travel partners.

To maximise rewards, you can apply for a Flybuys credit card to earn additional points on all eligible purchases, not just those from Flybuys partners. These points are in addition to those earned as a Flybuys member. Points from other credit card rewards programs — such as NAB Rewards — can also be transferred to Flybuys.

How Flybuys credit cards work

Coles is currently the only issuer of direct Flybuys credit cards. The number of Flybuys points earned per dollar spent varies depending on the card. The Coles Rewards Mastercard has the highest points earning rate and comes with other benefits, resulting in a higher annual fee.

For those seeking a card with no annual fee, consider the Coles No Annual Fee Mastercard or the Coles Low Rate Mastercard for a lower interest rate on purchase balances carried from month to month. However, these cards have a lower points earning rate compared to the Coles Rewards Mastercard.

Holders of NAB Rewards credit cards can choose to have their NAB Rewards points automatically converted into Flybuys points. You can also transfer points from the Citi Rewards or Suncorp Rewards programs to Flybuys, although one Citi or Suncorp point will earn less than one Flybuys point.

Choosing a Flybuys credit card

When selecting a Flybuys credit card, consider the following key factors to ensure you get the most value for your spending:

  • Points earning rate: Determines how many Flybuys points you earn for every dollar spent. The Coles Rewards Mastercard has a higher earning rate than the Coles No Annual Fee Mastercard and the Coles Low Rate Mastercard.
  • Sign-up bonus offer: Many Flybuys credit cards offer a sign-up bonus of thousands of points when you meet certain spending requirements within a set timeframe. Look for a card with a generous sign-up bonus to quickly build your points balance.
  • Introductory offers: Some Flybuys credit cards have introductory offers, such as waived annual fees or a 0% interest rate for a set period. These offers can help you save money or reduce interest on your credit card balance.
  • Annual fee: Consider the annual fee, as it can add up over time and reduce the value of your points. Higher annual fees often come with higher points earning rates and additional benefits. Ensure your spending is enough to earn rewards that cover the fee.
  • Interest rates: Important if you plan to carry a balance. A higher interest rate can negate the value of the Flybuys points you earn, so choose a card with a low interest rate if you plan to carry a balance.
  • Other benefits: Premium cards come with higher annual fees but offer additional benefits such as complimentary insurance or concierge services.

You can compare more credit cards from other issuers.

Redeeming Flybuys points

Flybuys points can be redeemed for various products and services, including:

  • Money off your shopping: Use points for instant discounts at Coles, Kmart, Target, Coles Express, Liquorland, First Choice, Officeworks, and Mycar Tyre & Auto.
  • Travel: Redeem points for flights, hotels, car rentals, travel packages, or convert them into Virgin Australia Velocity Frequent Flyer points.
  • Merchandise: Choose from a broad selection of products, including electronics, home goods, and fashion brands. Some exclusive merchandise is also available.
  • Gift cards: Redeem points for gift cards from participating retailers, usable in-store or online.
  • Experiences: Redeem points for unique experiences such as dining, concert tickets, and theme park entries.

Help choosing a Flybuys credit card

Earn rewards on every purchase and fly further with expert guidance on choosing the perfect Flybuys credit card.

  • FAQs

  • Pros & cons

Can I earn Flybuys points with a credit card?

Yes, with a Coles Mastercard, you can earn Flybuys points directly on eligible purchases. You can also transfer points from NAB Rewards, Citi Rewards, or Suncorp Rewards to Flybuys.

How do I redeem Flybuys points earned with a credit card?

Once points are added to your account, you can redeem them for instant discounts at many Coles and Wesfarmers retailers, convert them to Velocity points, or redeem them online via Flybuys Travel or the Flybuys Rewards Store.

How much does it cost to become a Flybuys member?

Flybuys membership is free.

Do Flybuys points expire?

Flybuys points can expire if your account is inactive. To prevent expiration, collect or redeem points at least once a year.

Which credit cards have Flybuys?

Coles Mastercards offer Flybuys points on all eligible purchases. NAB Rewards credit cards offer auto redemption for Flybuys points. Citi Rewards and Suncorp Rewards points can also be converted to Flybuys.

How much does a Flybuys credit card cost?

Credit card annual fees vary depending on the points earning rate and other benefits offered. The Coles No Annual Fee Mastercard allows you to earn Flybuys without paying a fee, albeit at a lower earning rate than some other cards.


Maximize rewards

Earn Flybuys points with partner retailers and additional points using a Flybuys credit card.

Flexible redemption

Redeem points for cash off your shop, gift cards, merchandise, travel, Velocity points, and other rewards.

Velocity benefits

Earn Velocity status credits when shopping at Coles if your Flybuys account is linked to your Velocity membership.

Points transfer

Transfer points from other rewards programs into Flybuys.


Exclusive options

Limited Flybuys credit card options, with only Coles Mastercard offering direct Flybuys points.

Variable conversion

Transferring points from other rewards programs may not offer a 1:1 conversion rate.

Value consideration

Some points redemptions, particularly for merchandise, may not provide great value.