Coles Financial Services
Coles Rewards Mastercard
One of Australia's best shopping and fuel rewards credit cards, offering up to 2 Flybuys points per A$1 spent, strong Coles shopping rewards, fuel savings through Flybuys partners, and a valuable welcome offer.
Highlights
Main benefits
- Up to 2 Flybuys Points per A$1 spent
- A$250 welcome gift card
- Flybuys points convertible to Velocity Frequent Flyer points
- Mobile wallet support
- Up to 44 interest-free days
- Purchase protection insurance
- Extended warranty insurance
- Integrated Flybuys membership.
Fees
Fees and charges
Joining fee
A$0
Renewal fee
A$99
Annual fee waiver
No
Who can apply
Eligibility
- 18+ years old
- Australian resident
- Regular income
- Good credit history
- Minimum income generally around A$25,000 p.a. according to card review sources.
Checklist
Documents required
- Government-issued photo ID
- Australian residential address
- Employment details
- Income information
- Bank account details
Process
How to apply
1. Apply online through Coles Credit Cards
2. Complete personal and financial information
3. Submit identity verification
4. Receive approval decision
5. Activate card upon arrival
Value
Reward and cashback structure
Reward rate
2 Flybuys Points per A$1 on eligible purchases up to A$3,000 per statement period;
1 Flybuys Point per A$1 thereafter up to A$8,000 per statement period;
Additional Flybuys points when shopping at Coles and scanning your Flybuys card.
Cashback
- 2,000 Flybuys Points = A$10 Flybuys Dollars
- Approximate base value around 1% back in Flybuys Dollars.
Good fit
Pros
- Strong Flybuys earning rate
- Good welcome offer
- Useful for Coles shoppers
- Velocity conversion available
- Reasonable annual fee
- Mastercard acceptance worldwide.
Watchouts
Cons
- No lounge access
- 3% foreign transaction fee
- Annual fee applies
- Not a direct cashback card
- Rewards capped at spending thresholds.
Related
Related cards
Compare
Compare Cards
| Field | Coles Rewards Mastercard | MONEYME Cashback Rewards Credit Card |
|---|---|---|
| Bank/provider | Coles Financial Services | MONEYME |
| Joining fee | A$0 | $0 |
| Renewal fee | A$99 | $149 annual fee |
| Best for | Fuel, Groceries, Shopping, Flybuys Rewards | Ongoing cashback on everyday card spending |
| Reward rate |
|
|
| Cashback |
| 1% of eligible spend, capped monthly based on credit limit |
| Lounge access | No | No |
| Fuel surcharge waiver | No | No |
| Welcome benefit | A$250 Coles Gift Card: Spend A$3,000 within 90 days of approval | No standard welcome bonus currently advertised |
| Annual fee waiver condition | No | Not generally available |
| Eligibility |
|
|
| Apply link | Apply | Apply |