Coles Rewards Mastercard

The Coles Rewards Mastercard offers 40,000 bonus Flybuys Points. Ongoing benefits include Flybuys Points earned on everyday purchases, and no international transaction fees.

Updated 18 May 2022

Expert Review

The Coles Rewards Mastercard is one of Coles' entry level Flybuys products. Featuring a relatively high points earn rate which is Coles' highest and uncapped, the card provides great value. Of the 200+ credit cards reviewed by Stay or Go, this card ranks among the best 5% for earning $100 back in value, such as on a gift card, for an average spend of $5,000 per month. Further, the product has a $99 annual fee, including up to 55 interest free days. And for anyone who is planning on travelling or making purchases online from international companies, this product charges no foreign transaction fees, which can create significant savings.

Considering its key features, this card is most suitable to someone who wishes to be rewarded for their spend. Other benefits include no foreign transaction fees, which are commonly around 3%, this product is great for anyone who makes overseas purchases online, or anyone planning on travelling overseas and no additional cardholder fees.

Product Details
Our Coles Rewards Mastercard® was awarded Canstar’s 5-Star Rating for Outstanding Value Rewards Credit Cards in 2020 and 2021, Mozo’s Experts Choice Award for best Rewards Credit Card for 2020, and Money magazine's best Non-Bank Credit Card issuer of the Year for 2021."
- Coles

Earn Flybuys Points

2points per $1 spent up to $3,000, then 1 per statement

Account Fees

$99 annual account fee

Additional Cardholder Fees

No additional cardholder fee

Up to 4 additional cardholders

Transaction Fees

No international transaction fee

Other fees may apply.


19.99% p.a. purchase rate

19.99% p.a. cash advance rate

Up to 55 interest fee days on purchases


Purchase Protection Insurance

Bonus Points Offer

40,000bonus points

0% for 12 monthson balance transfers, reverts to 19.99% p.a.

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Before applying for this product, you should read the Target Market Determination (TMD) available here on the Coles website.

points per
$1 spend*
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^ Credit card reward programs can be difficult to compare due to tiered and capped points earn rate structures. To simplify comparison, we estimate the number of points you could earn per $1 spent, assuming $5,000 of spend on eligible purchases each month.
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