Coles Credit Cards

Since their launch in 2012 Coles Credit Cards have made a strong challenge to be the best value credit cards in Australia. This challenge has continued as each of the Coles Credit Cards continue to feature some of the strongest offers in the market for both low interest rates, low card fees and generous rewards.

All Cole Credit Cards reward cardholders with Flybuys Points for spend made at Coles Supermarkets, with a couple of the Coles credit cards also rewarding everyday spend, no matter where the purchases are made. Coles has a clear focus on keeping the credit cards competitive most recently adding a 0% balance transfer promotion to each of the coles credit cards.

Coles Credit Card


Coles Credit Cards are focused on delivering the best value to their cardholders, with competitive rates, generous reward points and discount on your shopping. Coles currently offer 3 cards, a No annual fee credit card, a low rate credit card and a Rewards focused credit card with a high flybuy point earn rate. Each of the Coles credit cards share three features which Coles has included to deliver against their promise of everyday value:

  1. Instant discount on your shopping at Coles Supermarkets - As a Coles Insurance or Coles Credit Card customer you have the option to take $10 off your Coles Supermarket shop, instantly at the till, by simply redeeming 2,000 flybuys.
  2. Generous flybuy earn rates - Each of the Coles Credit Cards, when used at the Coles checkout to pay for your shopping multiplies your flybuy earn rate from the standard earn rate to either 1.5 times with the Coles No Annual Fee Credit Card, or 3 times with the Coles Rewards MasterCard.
  3. Coles online free delivery for Coles Credit Card customers - Free delivery every time you spend $100 or more, and pay with your Coles Credit Card at Coles online.


Multi award winning Coles Credit Cards

Since their launch in 2012 Coles Credit Cards have been recognized by Money Magazine and Canstar in their annual credit card awards.

  • Money Magazine - In 2015 & 2014 Coles Credit Cards where named the Best Non-Bank Transaction Credit Card and Best Non-Bank Rewards Credit Card
  • Canstar - For 3 straight years in 2013, 2014 & 2015 Coles Credit Cards where awarded 5 stars for Outstanding Value Credit Card and Outstanding Value Rewards Credit Card


Peace of mind that your credit card is secure

Coles Credit Cards come with a promise of 24 hour, worldwide protection thanks to the inclusion of a number of market leading security features:

  • Falcon fraud management system - This identifies any unusual activity on your credit card and alerts you of this by sending you an SMS message prompting you to either validate the transaction or report it as suspicious.
  • Coles Credit Card help phone lines - They are open 24/7, 365 days a year, worldwide to report fraud or lost and stolen cards.
  • MasterCard Zero Liability Guarantee - This protects your credit card from fraudulent or unauthorized transactions.


Balance Transfer to a Coles Credit Card

A Balance Transfer request can be made through the Coles Customer Help Phone Service or by filling in a balance transfer request form available on the Coles MasterCard website. The balance transfer rate offered by Coles is subject to the current offer available at the time and usually takes up to 15 working days to be processed.


Convert your flybuys to Velicity Points

flybuy members can convert their flybuys to Velocity Points in increments of 2,000 flybuys for 870 Velocity Points. This equates to a earn rate of 0.43 Velocity Points per $1 of spend which matches that offered under the Woolworths & Qantas partnership. The number of points you can transfer per year has a limit fixed at 138,000 flybuys points, (equivalent to 60,030 Velocity Points) per household, per calendar year.


Applying for a Coles Credit Card

Here’s a checklist of the information you’ll need to hand when making your application for a Coles Credit card:

  • Personal information - To verify your identity you will need a photo ID this can be your passport or drivers license
  • Contact Details - Your residential address, email address and a phone number will be required.
  • Income - Confirmation of your current income from employment, investments and any other sources will be requested. You may also be asked to provide documents to validate these income numbers.
  • Expenses - Details of your monthly expenses to include any mortgage payments, rent, living expenses and any loan repayments.
  • Existing credit cards - If you are seeking to transfer your existing credit card balance to a Coles credit card, you will need to supply the current credit card number and amount of debt you are seeking to transfer from these accounts.


What Credit Cards are offered by Coles?

Coles MasterCard offers three credit cards: a No Annual Fee credit card, a Rewards credit card and the latest addition, a Low Rate credit card. All the Coles credit cards include rewards, with flybuys being earned when you make any eligible purchases.


Coles Low Rate credit card

The Coles low rate credit card is a popular choice of cardholders who regularly do not pay off their credit card bill in full each month. The Coles Low Rate MasterCard features a competitive purchase rate and one of the longest interest free periods on purchases in the market, at 62 days, so long as your balance is repaid in full each month. The Coles Low Rate credit card is linked with the flybuys program, enabling customers to earn flybuy points as they make purchases with their credit card. The flybuy earn rate is 1 flybuy for every $2 you spend in Coles Supermarkets.


Coles No Annual Fee Credit Card

The Coles No Annual Fee credit card is the member of an exclusive set of cards of, that makes the promise that they will never charge an annual credit card fee and will also reward your credit card spending. The card offers a flybuy point earn rate of 1 point for every $2 you spend. The option to upgrade to the Coles Platinum No Annual Fee card maybe offered if your credit limit is in excess of $6,000.


Coles Rewards Credit Card

Coles Rewards Credit Card focuses on delivering the highest flybuy earn rate at 2 points for every dollar you spend, everywhere, every day. This higher earn rate comes at cost with an annual credit card fee of $89 p.a. The option to upgrade to a Platinum Coles Reward MasterCard maybe offered if your application results in a credit limit in excess of $6,000. This Platinum Reward MasterCard from Coles features all the benefits of the standard card plus a couple of additional services.


Am I eligible to apply for a Coles Credit Card?

Answer yes to these 5 questions and you are eligible to apply for any of the Coles Credit Card:

  • I am over 18 years of age
  • I have a good credit score
  • I have a minimum post tax income of $15,000 p.a.
  • I am a permanent Australian resident or have a 457 Visa
  • I am the main household income earner (recommended)


Coles Credit Card flybuy point earn rates


Coles Credit Card

Flybuy earn rate everywhere

Flybuy earn rate at Flybuy Partners

More Info

Coles Low Rate MasterCard 1 point per $2 spend at Coles Supermarkets n/a


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Coles Reward MasterCard 2 points per $1 spent anywhere  2 points for every $1 spent on top of the usual Flybuy points  


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Coles Platinum Reward MasterCard 2 points for every $1 spent anywhere 2 points for $1 spent on top of the usual Flybuy points


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Coles No Annual Fee MasterCard 1 point for every $2 spent anywhere 1 point for every $2 spent on top of the usual Flybuy points


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 Coles No Annual Fee Platinum MasterCard   1 point for every $1 spent anywhere  1 point for every $2 spent on top of the usual Flybuy points  


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Frequently Asked Questions

How many times can I redeem flybuys at the Coles Checkout to receive the $10 discount?

You can get a $10 discount as many times as you like, whenever you have at least 2,000 points in your flyBuys account. However, you can only claim the $10 discount once per shop. The $10 discount feature excludes Coles Express and Coles Online. The minimum spend is $10.05 after savings and discounts in one transaction at Coles Supermarkets and BI-LO (excluding smoking/tobacco related product purchases, Coles Group gift cards and iTunes cards).

Can I use my current flybuys account when I apply for a Coles Credit Card?

Yes you can still retain this flybuys account. When you apply, you should provide your current flybuys membership number. If you are approved, your new credit card will be automatically linked to your flybuys membership account. Your coles credit card can replace your flybuys membership card, or you can continue to use both cards, which are linked to the same flybuys membership account.

If I add a supplementary card holder to my Coles Credit Card will that card also earn flybuys?

Yes, whenever your additional authorised cardholders make eligible purchases they earn points which are added to your flybuys account. Up to 8 additional cardholders are permitted on Coles Credit Cards.

How can I increase or decrease my credit limit on my Coles Mastercard?

How can I increase or decrease my credit limit on my Coles Mastercard?

If you want more credit on your Coles Mastercard, get in touch with Coles on 1300 306 397 and let them know that you would like a credit limit increase. Coles will run through some basic questions about your expenses and how much you earn when they make a decision about increasing your credit limit.

Your credit limit is based on how much you can afford to repay, so if you accepted the maximum credit limit when you applied for a Coles Mastercard and your circumstances have not changed, you may not be eligible for a credit limit increase.

How do I transfer my existing credit card debt to my Coles Mastercard?

If you’re a new Coles Mastercard account holder, you can elect to transfer a balance within the online application. Enter the account number, the amount you want to transfer and select the name of the card issuing institution. The balance transfer is processed automatically when you get your card and you activate it.

Take note of the following if you’re considering a balance transfer to a Coles Mastercard.

You can transfer a balance from a credit card, store card or charge card

Balance transfers will not be accepted from any Coles Mastercard, any credit card issued by Latitude Financial Services or any credit card issued outside Australia

You can use on your Coles Mastercard towards a balance transfer

At the end of the balance transfer promotional period, the purchase will be charged on anything you transferred to a Coles Mastercard but have not repaid

What is Coles Mobile Wallet?

The Coles Mobile Wallet is the smart way to pay, that’s quick, secure and simple to use. The new Coles Mobile Wallet consists of a Coles Pay Tag that lets you pay with your phone and the Coles Credit Card App that keeps track of your purchases for your convenience and control.

What is the Coles Pay Tag?

Coles Pay Tag is a mini credit card sticker and flybuys barcode in one, which you stick to the back of your mobile phone. By leveraging the same functionality as PayPass on your Coles MasterCard, the Coles Pay Tag enables you to make quick and easy payments on your mobile phone, everywhere you see the MasterCard PayPass symbol. Whilst also enabling you to collect flybuys points at participating flybuys retail partners by scanning the barcode on your Coles Pay Tag.