Coles - Rewards Mastercard
The Rewards Mastercard from Coles earns 2 Flybuys Points per $1 spent, up to and including $3,000 per statement period. Beyond this, 1 Flybuys Point is earned per dollar spent. The purchase rate on this card is 20.74% p.a. and the annual fee is $99. The balance transfer rate for this card will be 20.74% p.a.
Earn 2 Flybuys Points per $1 spent with this card.
Annual Fee
$99 per year
Balance Transfer
20.74% p.a.
Purchase Rate
20.74% p.a.
Rewards Rate One
2 point(s) per AUD$1 On eligible purchases. up to $3,000 per statement
Details
Card Type
Mastercard
Minimum Repayment
2% or $25
per statement, whichever is greater
Interest Free Period
up to 55
days
Minimum Credit Limit
$1,000
Maximum Credit Limit
$100,000
Fees
Annual Fee
$99
per year
Late Payment Fee
$30
per statement
Cash Advance Fee
3% or $1.95
per transaction, whichever is greater
Additional Card Holder Fee
$0
Additional Card Holder Cap
up to 4
additional holders
Rates
Purchase Rate
20.74% p.a.
Cash Advance Rate
20.74% p.a.
Balance Transfer
Balance Transfer
20.74% p.a.
Overseas Spending
Foreign Currency Conversion Fee
3%
per transaction
Overseas Cash Advance Fee
2.50%
Eligibility
Minimum Age
18
years old
Temporary Residents
No
Rewards
Program
Flybuys
Types
Flybuys Points
Bonus
50,000 bonus points
Reward Rates
Rewards Rate One
2 point(s) per AUD$1
On eligible purchases. up to $3,000 per statement
Perks
Complimentary Travel Insurance
No
Airport Lounge Access
No
Who is the product designed for?
The target market for the Product is individuals who
- are seeking a line of credit facility for everyday spending to earn Flybuys Points and make use of complimentary insurance.
- are an existing Flybuys member or are seeking to be a Flybuys member.
- meet eligibility criteria and serviceability requirements for the Product.
- are unlikely to hold substantial balances for prolonged periods except to take advantage of reduced interest rates and/or instalment repayments on a Fixed Payment Option or a Balance Transfer (including holding a Balance Transfer for longer than the period during which a reduced interest rate applies).
Visit Coles to view Target Market Determination Effective From: 2024-10-01.
