- Get 10% off one Coles shop monthly (up to $50) with a free Coles Plus Saver# until Feb 2026 when you apply for a Coles Rewards Mastercard by 31 Mar 2025, are approved, and join as a new member with Flybuys linked. T&Cs apply.
- No international transaction fee on purchases when you shop online or overseas
- Collect 2 Flybuys points for every $1 spent on eligible transactions
- Up to 44 days interest free on purchases
- Complimentary insurance covers
- Complimentary access to our 24/7 worldwide concierge
- Compatible with Apple Pay, Samsung Pay and Google Pay
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Coles Credit Cards
Coles Rewards Mastercard
Updated 4 March 2025
Coles Rewards Mastercard offers a valuable way to save on your grocery shopping and earn Flybuys points. Enjoy 10% off one Coles shop every calendar month (up to $50 off) with a complimentary Coles Plus Saver membership, available until February 2026 when you apply by 31 March 2025, are approved, and sign up as a new Coles Plus Saver member. Simply link your Flybuys to activate the offer (excludes existing Coles Plus Saver members). Earn up to 2 Flybuys Points per $1 on eligible spend, plus benefit from $0 international transaction fees on purchases. Credit criteria, fees, charges, and T&Cs apply.
Purchase Rate (p.a)
20.74%
Annual Fee (p.a)
$99
Pros and cons
- Purchase and cash advance rate of 20.74% p.a.
Creditcard.com.au review
Editor Review
Coles Rewards Mastercard
Pauline Hatch
Pauline is a personal finance expert at CreditCard.com.au, with 9 years in money, budgeting and property reporting under her belt. Ask Pauline a Question about this card.
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The Coles Rewards Mastercard
If you're a frequent Coles shopper, the Coles Rewards Mastercard could be a great choice for earning rewards while you shop. This card offers a strong Flybuys earning rate and valuable perks, including 10% off one Coles shop every calendar month (up to $50 off) with Coles Plus Saver, free until February 2026. To qualify, you must apply for the card by 31 March 2025, be approved, and join as a new Coles Plus Saver member (existing members are not eligible) while linking your Flybuys account.
With competitive rewards, grocery savings, and no international transaction fees on purchases, this card offers strong value for everyday spending.
What we love...
- Flybuys Rewards – Earn 2 Flybuys points per $1 spent on eligible transactions and up to 3 points per $1 when shopping with Coles’ Flybuys partners and scanning your Flybuys barcode at checkout.
- Exclusive Savings – Get 10% off a Coles shop every month (up to $50 off) with a complimentary Coles Plus Saver membership, valid until February 2026 for eligible new members.
- Flexible Rewards – Redeem Flybuys points for Flybuys Dollars, travel bookings, or convert them into Velocity Points for flights.
- No International Transaction Fees – Enjoy fee-free purchases when shopping overseas or with international retailers online.
What’s not so great...
- Annual Fee & Interest Rates – As with most rewards cards, there’s an annual fee, and interest rates on purchases and cash advances are relatively high. This card is best for those who pay off their balance in full each month.
- Airline Points Conversion – While Flybuys points can be converted into Velocity Points, the rate may not be as competitive as dedicated frequent flyer credit cards.
Why should you choose this card?
The Coles Rewards Mastercard is ideal for regular Coles shoppers looking to maximize Flybuys points and save on groceries. With a generous rewards program, grocery discounts, and no international transaction fees on purchases, it provides strong everyday value.
For those who shop online or travel, the lack of foreign transaction fees is a useful perk. Additionally, with up to 44 days interest-free on purchases (if no balance is carried), cardholders can manage spending efficiently.
Overall Rating
A great rewards card for Coles shoppers who want to earn Flybuys points and enjoy exclusive savings on groceries. With solid perks and a strong rewards program, this card is a great fit for everyday spending.
User reviews
Rates and fees
Interest rates
Purchase rate 20.74% p.a.
Cash advance rate 20.74% p.a.
Interest free period on purchases up to 44 days
Credit limits
Minimum credit limit $1,000
Maximum credit limit $100,000
Fees & repayments
Annual fee $99 p.a.
Additional cardholder fee Up to 4 at no extra cost
Foreign transaction fee 3%*
Minimum repayment 2% or $30, whichever is greater
Cash advance fee $1.95 (under $65.00) or 3% (equal to or over $65.00); $5 (international)
Late payment fee $30
Rewards and points
Rewards program
Rewards Program
Flybuys
Bonus points N/A points
Annual points cap uncapped
Bonus points spend criteria N/A
Earning points with this card
Flybuys Rewards points 2 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 Yes
Extended Warranty Insurance Yes
Rental Vehicle Excess In Australia Insurance No
Overview
Coles Rewards Mastercard
A Coles Rewards Mastercard lets you earn Flybuys points while enjoying extra savings. Get 10% off one Coles shop every month (up to $50 off) with a complimentary Coles Plus Saver membership, free until February 2026, when you apply by 31 March 2025, are approved, and sign up as a new Coles Plus Saver member (excludes existing members). Plus, benefit from no international transaction fees on purchases when shopping online or overseas. Credit criteria, fees, charges, and T&Cs apply.
Key features
- Get 10% off one Coles shop monthly (up to $50) with a free Coles Plus Saver membership until Feb 2026. Apply by 31 Mar 2025, be approved, and join as a new member. T&Cs apply.
- No international transaction fee on purchases when you shop online or overseas
- Up to 44 days interest-free on purchases if you do not have a balance transfer
- Collect 2 Flybuys points for every $1 spent on eligible transactions
- Complimentary access to our 24/7 worldwide concierge
- Complimentary insurance covers
- Compatible with Apple Pay, Samsung Pay and Google Pay
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
You have your personal details ready to complete the online application
Pauline is a personal finance expert at CreditCard.com.au, with 9 years in money, budgeting and property reporting under her belt. Pauline is passionate about seeing Aussies win by making their money – and their credit cards – work smarter, harder and bigger
Recently Asked Questions
Something you need to know about this card? Ask our credit card expert a question.
Ask a question88 questions (showing the latest 10 Q&As)
what are the options for paying off the card each month?
Hi Matthew, Coles lists several payment options: direct debit, BPAY and Australia Post. You can set up direct debit to automatically pay off your outstanding balance each month, so you don’t make a late payment or pay interest. Thanks Matthew!
Hello. A month ago when I was researching the Coles Rewards Mastercard, I was certain there was a bonus offer that included earning 80,000 points if a 3K spend was done within the 3 month period after approval, but also that the annual fee was waived for the first year. How can I find the evidence of that again? I did apply for it at the time using the link, and have been approved now, but I just want to be able to keep a copy of that past offer.
Thank you.
Hi Darren, thanks for the information. You can check the welcome packet that came with your Coles Rewards card or give Coles a call directly at 1300 306 397 to check.
Hi Pauline,
If i used my mastercard for purchases in the Philippines what charges am I expecting?
Hi Richard, I see no foreign transaction fees when you use the Coles Rewards card in the Philippines or outside Australia.
Have paid off house loan , have saving age 48 years, full time teacher since leaving university, have $345 000. in super, approx $ 7000, deal cash everywhere and have approx $50 K in cash savings.
What is card credit limit would be provided in these circumstances.
Hi James, card limits are calculated by the credit provider after your application is approved. There's no way to calculate it before then based on income unfortunately!
do payments to govt agencies like State Revenue, Car Rego, Council Rates etc (not ATO) count as eligible spending for bonus flybuy ponts offers?
Hi there, that’s a good question! I checked this for you and it states that any government related transactions are not considered eligible. You can compare a range of credit cards that allow you to earn points at the ATO.
Already have coles platinum card wife has extra card on my card can she apply for her own card and also can I switch to platinum no fee card thanks john
Hi John, good questions! Yes, your wife may be eligible to apply for her own credit card as long as she meets all the necessary criteria specified for that particular card. And about changing the card type, yes it’s possible to change your credit card type, but as this will be a new application for credit, it’s important to ensure that you still meet the eligibility requirements for the new card. All these new requests for credit are subject to Coles' review and approval process. Hope this helps!
Hi. I want to separate business and personal expenses so can I get a 2nd one of these Coles Rewards Mastercards? I already have one? Would I get the points offer? Thank you
Hi Boyd, I checked this for you and see that the Coles Rewards Mastercard offer is exclusively applicable to individuals who are new customers. Additionally, please note that this card is designed specifically for personal use. Since you mentioned you’d like a card specific to business expenses, I recommend exploring a range of various business credit cards we’re currently partnered with to explore suitable options.
hi Pauline. I need a new credit card for overseas travel. My existing coles mastercard isnt suitable as it has international transaction fees. I believe the rewards card is the way to go, but does that have free currency exchange as well?
Hi Janene, good question! I checked and can see that when you use the Coles Rewards Mastercard overseas (or within Australia with overseas merchants), you won't be charged a foreign transaction fee. The Coles Rewards Mastercard also has no foreign transaction fees. Happy travels!
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Recommends this cardJae T
3 April 2022Good rewards, great for travelling. Terrible interface both website and app. 80% of the time you'll end up needing to call them to have it fixed.
Recommends this cardLin
2 December 2021I signed up for the Master credit card to receive the bonus points and I never received any ever with all the qualified criteria.
Does not recommend this cardDaniel
28 March 2019I was looking for a card to take overseas and went with the Coles Rewards MasterCard. I didn’t pay any fees on my overseas spend and was surprised at how many flybuys points I earned on my trip! Now that I’m back I’ve continued to use the card and I’m still earning a lot of flybuys points, which I’ve recently converted to shopping credits in Coles. This card really ticks a lot of boxes for me!
Recommends this card