Coles Rewards Mastercard
Best for: Coles and Flybuys households who want points on groceries and fuel
Pros
- Points on every purchase, not just at Coles
- Fee-free overseas spending
- Easy redemptions at the checkout
Cons
- Flybuys points are worth less than airline points for travellers
- A$99 annual fee
- Purchase rate is high if you carry a balance
Rates and offers change. Confirm today's terms on the issuer's official site before applying. Independent comparison — not financial advice.
The Coles Rewards Mastercard earns 2 Flybuys points per $1 on all eligible purchases — not just at Coles — which works out to roughly 1% back when you redeem points for Flybuys Dollars at the checkout. It also charges no international transaction fees and includes complimentary travel insurance, unusual for a supermarket card. The A$99 fee is covered by about A$10,000 of annual spend.
Coles Rewards Mastercard at a glance
| Issuer | Coles Financial Services (issued by NAB) |
| Card network | Mastercard |
| Annual fee | A$99 |
| Rewards rate | 2 Flybuys points per A$1 on eligible purchases (around 1% back) |
| Welcome bonus | Bonus Flybuys points after minimum spend (varies) |
| Intro APR | 0% on balance transfers for an introductory period on some offers |
| Purchase rate | 20.74% p.a. (variable) |
| Foreign transaction fee | None |
| Credit needed | Good |
| Airport lounge access | No |
| Best for | Coles and Flybuys households who want points on groceries and fuel |
Rewards & perks
- Flybuys points redeemable as money off at Coles, Kmart, Target and partners
- No international transaction fees
- Complimentary international travel insurance
Pros
- Points on every purchase, not just at Coles
- Fee-free overseas spending
- Easy redemptions at the checkout
Cons
- Flybuys points are worth less than airline points for travellers
- A$99 annual fee
- Purchase rate is high if you carry a balance
Who should apply
- Australian residents aged 18+ with a good credit history
- Households that shop at Coles weekly and fill up at Coles Express/Shell
- Flybuys members
Before you apply: card terms change often. Confirm the current annual fee, interest rate, welcome offer and rewards on the official Coles Financial Services site. CreditCardCompare is an independent comparison resource, not the card issuer, and this is not financial advice.
How it compares with similar Australia cards
| Card | Annual fee | Rewards | Intro APR | Foreign fee | Credit needed | Rating |
|---|---|---|---|---|---|---|
Coles Financial ServicesColes Rewards Mastercard 5338 9498 1181 4099 VALID THRU 02/30ALEX MORGAN Coles Rewards MastercardColes and Flybuys households who want points on groceries and fuel |
A$99/yr | 2 Flybuys points per A$1 on eligible purchases (around 1% back) | 0% on balance transfers for an introductory period on some o… | None | Good | |
American Express Qantas Ultimate CardQantas flyers who can use the annual travel credit |
A$450/yr | 1.25 Qantas Points per A$1, dropping to 1 point after 100,000 points i… | None | 3% | Good to excellent (minimum inc… | |
Qantas Premier Platinum Credit CardQantas Frequent Flyers who want points, lounge invitations and insurance |
A$399/yr | 1 Qantas Point per A$1 on domestic spend (up to A$10,000 per statement… | 0% on balance transfers for an introductory period (fee may… | 3% | Good to excellent (minimum inc… | |
ANZ Frequent Flyer Black Credit CardHigh spenders who want a high Qantas Points cap on a Visa |
A$425/yr | 1 Qantas Point per A$1 up to A$7,500 per statement period, then 0.5 pe… | None on purchases | 3% | Good to excellent (minimum inc… |
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