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Coles No Annual Fee MasterCard Platinum

Coles No Annual Fee MasterCard Platinum offers a rare combination; the promise of a No Annual fee, and the opportunity to earn reward points, via the flybuys program, on your everyday spend.

In terms of reward earn rates you will earn 0.5 flybuy points per $1 spent with the Coles MasterCard, this earn rate increases when shopping with partners.

The good news continues as the Coles No Annual Fee MasterCard Platinum also comes loaded with your flybuys details so with a single scan you can pay and collect your flybuys points at the checkout.

Although the Coles No Annual Fee MasterCard Platinum has a clear focus on delivering the very best value, in tandem with handsome rewards, there are no compromises when it comes to the Platinum card features, which are the same as the standard Coles MasterCard with a couple of handy additions:

  1. Worldwide Concierge Service - Complimentary access to Coles 24/7 worldwide concierge service 
  2. Merchandise Protection Insurance - providing protection for the items you buy with your card if lost, stolen or damaged 

The Standard features include:

  • No annual card fee - A promise that the Coles MasterCard Platinum will never charge an annual fee

  • Your Coles MasterCard Platinum and flybuys cards combined - Coles MasterCard and flybuys card in one so you only have to carry one card instead of two.
  • Interest rate of 19.99% p.a. - This is for both purchases and cash advances.
  • A market leading up to 62 days interest free on purchases - when you pay the full balance off each month.
  • $10 off your Coles Supermarket shop - every time you redeem 2,000 flybuys points at the checkout.
  • Security and fraud protection - Falcon™ fraud management system and Coles zero liability guarantee that protect you from any unauthorized transactions.
  • MasterCard PayPass - for amounts under $100, simply Tap & Go with your Coles MasterCard Platinum, or enter a PIN for amounts over $100.
  • Free delivery for on line orders - spend $100 or more and pay with your Coles MasterCard Platinum at Coles online to recieve free delivery.
  • Earn 0.5 flybuys point for every $1 you spend everywhere - points are uncapped and never expire.
  • Additional cardholders - option to add up to 8 additional cards which will be managed all under the one statement, minimum age for additional card holders is 16.
  • Many of Australia’s largest Retails are Flybuy partners - Telstra, Coles, Budget Car Rental, Kmart, Liquorland, NAB, Target and Webjet.
  • Coles Mobile Wallet - Turn your mobile into a wallet and flybuys card by adding the Coles Pay Tag to your Mobile


Earning flybuys with a Coles MasterCard Platinum Credit Card

  • 0.50 flybuys points per dollar spent - The Coles MasterCard Platinum rewards you with flybuys points when you make an eligible purchase on the card. If you’re not already a member of the flybuys program, you will be automatically enrolled when you apply for the Coles No Annual Fee MasterCard. It is important to be aware that points expire if your flybuys account is inactive for 12 months.
  • Points are earned on all purchases - flybuys points are earned on all eligible transactions - no mattter where you are in the world. The Coles MasterCard Platinum can be used wherever MasterCard is accepted and for all eligible purchases you will earn flybuy points.
  • Earn more when you shop at Coles - By linking your flybuys membership to your Coles Platinum MasterCard when you apply you will earn more flybuys points when you shop at Coles and flybuys partners.
  • Redeem your flybuys points for flybuys dollars - flybuys dollars can be used for money off your next shop at Coles or Liquorland or Target. 2,000 flybuys points will give $10 of your shop at the checkout. You can redeem flybuy points for dollars at the following flybuys partners: Coles, Liquorland, First Choice Liquor, Kmart, Target, and Kmart Tyre & Auto.


Multi award winning Coles Credit Cards

Since launching in 2013 the Coles Credit Cards have been recognized multiple times by both Money Magazine and Canstar in their annual awards for Australian Credit Cards

  • 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 - In 2013, 2014 & 2015 Coles Credit Cards where awarded 5 stars for Outstanding Value Credit Card and Outstanding Value Rewards Credit Card


Applying for a Coles Credit Card

Prior to commencing your on line application for a Coles Credit Card you will need to pull together some information on yourself and your current financial circumstances, here’s a checklist of the information you’ll need to hand when making your application:

  • Personal information -To verify your identity you will need either a drivers license or a passport.
  • Contact Details - You will need to confirm your residential address, email address and a phone number, which can be a mobile number.
  • Income - Details of your current income from employment, investments and other sources will be requested
  • Expenses - Details of your monthly expenses will need to be confirmed 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 under a balance transfer promotion, you will need to supply the current credit card number and amount you want to transfer from these accounts.


Credit Card Details
Provider Coles Credit Cards
Prestige Level Standard
Credit Card Type MasterCard
Instant Approval Yes in 60 seconds
Standard Rates
Purchase Rate 19.99% p.a.
Cash Advance Rate 19.99% p.a.
Interest Charged From Purchase date
Interest Free Period Up to 62 days
Balance Transfer
Balance Transfer Rate -
Balance Transfer Period -
Balance Transfer Fee -
Balance Transfer Processing Time -
Max. Balance Transfer -
Revert rate -
Intro Offer -
Offer end date -
Rewards Program Flybuys
Rewards Points 0.5 flybuys point per $1 you spend everywhere - that’s on top of the usual flybuys points from flybuy partners.
Acceptance Criteria
Age to Apply 18
Min. Income $15,000
Residency Australia
Temporary residents Yes with 457 Visa
Min. Credit Limit $6,000
Joint applicants No
Fees & Terms
Min. Monthly Repayment -
Annual Fee $0
Over Limit Fee $5
Duplicate Statement fee $7
Late Payment Fee $20
Min. Monthly Repayment % 2.22%
Max. Credit Limit -
Cash advance fee 3% of the cash advance/cash equivalent transaction or $1.95 - whichever is greater
Additional card holder fee $0
Travel & Insurance
Foreign currency conversion fee 2.5% of transaction value
Overseas atm withdrawal fee $4
Complimentary travel insurance No

What happens when I click "Go to site"?

  • 1

    Clicking Go to site will direct you to the providers web site

  • 2

    Complete the online application on the providers web site

  • 3

    Once approved the provider will issue your new product, delivery times will vary by provider.