Coles has a different type of credit card for different uses, like some everyday buying and earning rewards. The Coles Rewards Mastercard and the Coles No Annual Fee Mastercard will be looked at in detail in this paper. I am giving you Coles Credit Card Review features and some Coles Credit Card reviews to help you pick the best card for your money needs.
| Feature | Details |
|---|---|
| Card Options | Coles Rewards Mastercard, Coles No Annual Fee Mastercard |
| Annual Fee | $99 for Rewards Mastercard, $0 for No Annual Fee Mastercard |
| Purchase Rate | 20.74% p.a. |
| Cash Advance Rate | 20.74% p.a. |
| Interest-Free Period | Up to 55 days |
| Foreign Transaction Fees | 0% for Rewards Mastercard, 3% for No Annual Fee Mastercard |
| Bonus Points | 50,000 Flybuys points for Rewards Mastercard upon spending $3,000 in 90 days |
| Rewards Program | Flybuys |
| Mobile Payment Compatibility | Apple Pay, Google Pay, Samsung Pay |
| Additional Features | Coles Mobile Wallet app, Purchase Protection, Extended Warranty Insurance |
| Official Website | Coles Credit Cards |
Coles Rewards Mastercard
Rewards Program
For many people who use Coles’ rewards programme Flybuys, the Coles Rewards Mastercard is a very good option. Here are some important points:
- You can earn 2 Flybuys points for every $1 you spend on qualifying items, up to $3,000 per month. And after that, you will only get 1 point for every $1 you spend up to $8,000 per month.
- Bonus Points: If you are a new customer, you can get 50,000 bonus Flybuys points when you spend $3,000 in the first 90 days after getting your card.
- Extra Points: You need to scan can your Flybuys number at Coles and some other Flybuys partners to get an extra one Flybuys point for every dollar spent.
Fees and Rates
- Annual Fee: $99.
- Purchase Rate: 20.74% p.a.
- Cash Advance Fee: $1.95 for transactions under $65, or 3% for transactions $65 or more; $5 for international transactions
- Foreign Transaction Fee: 0% on purchases made online or overseas, making it a very good card for international shopping
- Interest-Free Days: Up to 55 days on purchases if the balance is paid in full each month.
Additional Features
- You can manage your account and keep an eye on your Flybuys points with the Coles Mobile Wallet app. Apple Pay, Google Pay, and Samsung Pay can all use it.
- Free insurance covers both the buy and the warranty for an extended period of time.
Who Is It Good For?
The Coles Rewards Mastercard is very good for many people who shop at Coles often and want to get the most out of their Flybuys points. Another good thing for international shoppers is that there are no fees for making international transactions.
Customer Feedback
Customers like that they can earn a lot of Flybuys points and that there are no fees for foreign transactions. but, some users have pointed out that the annual fee and relatively high buy interest rate are not so good.
Coles No Annual Fee Mastercard
Rewards Program
The Coles No Annual Fee Mastercard is made for many people who want to save money but still earn rewards:
- Earn Rate: You can earn 0.5 Flybuys points for every $1 you spend on qualifying items, up to $5,000 per month.
- extra Points: People who just got a new card can get 20,000 extra Flybuys points if they spend $3,000 in the first 90 days.
Fees and Rates
- There is no yearly fee, which makes it a very good choice for people who want to avoid paying fees every year.
- Rate to Buy: 20.74% p.a.
- Cash Advance Fee: 3% of the transaction amount or $1.95, whichever is bigger; $5 for transactions outside of the United States.
- A foreign transaction fee of 3% is charged for sales made with or in some other countries.
- Days without interest: You can also buy many things with a credit card and pay for them in full every month for up to 55 days.
Additional Features
- Coles Mobile Wallet App: This app works like the Rewards Mastercard in that you can control your account and track your Flybuys while you are on the go.
- Card Safety: It comes with the Coles Shield security service and Mastercard Zero Liability to protect you from fraudulent activities.
Who Is It Good For?
The Coles No Annual Fee Mastercard is very good for many people who want to get some points without having to pay a fee every year. It is very good for many people who do not spend a lot of money but still want to earn Flybuys points on everyday purchases.
Customer Feedback
There are many customers who like that there is no yearly fee and that they can earn Flybuys points. But the high interest rate on purchases and the fee for foreign transactions worry some users.
Comparison of Both Cards
Similarities
- Flybuys Points: You can earn Flybuys points with both cards, but at some different rates.
- Coles Mobile Wallet App: The app works with both cards, making it very easy to handle your points and keep track of them.
- Days with No Interest: You can buy things with no interest for up to 55 days as long as the amount is paid in full.
Differences
- An annual fee of $99 is charged for the Coles Rewards Mastercard. There is no annual fee for the Coles No Annual Fee Mastercard.
- Rewards Rate: The Coles Rewards Mastercard has a better earn rate than the No Annual Fee card. It gives you 2 Flybuys points for every $1 you spend up to $3,000 per month and 1 point for every $1 after that.
- Fees for Foreign Transactions: The Rewards Mastercard does not charge any fees for transactions in some other countries, so it is better for use abroad. The No Annual Fee card, on the other hand, does charge 3% for transactions in some other countries.
Last Lines
There are some very good benefits to both the Coles Rewards Mastercard and the Coles No Annual Fee Mastercard, but they are geared towards different types of members. People who shop at Coles many times and want to get the most out of their Flybuys points without having to think about foreign transaction fees should get the Rewards Mastercard. The No Annual Fee Mastercard, on the other hand, is very good for people who are watching their spending and do not want to pay an annual fee while still getting benefits.
When picking between these cards, you should think about how much you value the possible Flybuys points compared to the fees you might have to pay. You should also think about how often you travel or shop internationally. Before you use a credit card, you need to make sure you read terms and condition to make sure it fits your needs and goals for your money.
You can also visit more page for more credit cards information.
Faqs
What is the annual fee for the Coles Rewards Mastercard?
The annual fee for the Coles Rewards Mastercard is $99.
Are there any annual fees for the Coles No Annual Fee Mastercard?
No, the Coles No Annual Fee Mastercard does not have an annual fee.
What is the interest rate for purchases on Coles credit cards?
The interest rate for purchases on Coles credit cards is 20.74% p.a.
How can I earn Flybuys points with the Coles Rewards Mastercard?
You can earn 2 Flybuys points per $1 spent on eligible purchases up to $3,000 per month, and 1 point per $1 spent thereafter up to $8,000 per month.
Does the Coles No Annual Fee Mastercard have a foreign transaction fee?
Yes, the Coles No Annual Fee Mastercard charges a 3% foreign transaction fee.
What mobile payment options are compatible with Coles credit cards?
Coles credit cards are compatible with Apple Pay, Google Pay, and Samsung Pay.
Are there any bonus points offers for new Coles Rewards Mastercard customers?
Yes, new Coles Rewards Mastercard customers can receive 50,000 bonus Flybuys points if they spend $3,000 within the first 90 days of card approval.
Do Coles credit cards offer any complimentary insurance?
Yes, the Coles Rewards Mastercard gives purchase protection and extended warranty insurance.