Explore the Benefits of the Coles No Annual Fee Mastercard

Choosing a credit card that offers genuine value without any hidden costs can be a real win. The Coles No Annual Fee Mastercard is a standout option, allowing you to earn Flybuys points on your everyday spending without the burden of annual fees.

Whether you’re a frequent Coles shopper or someone who enjoys racking up rewards with Flybuys partners, this card could be a great addition to your wallet. Let’s explore what makes this card worth considering and how it could fit into your financial strategy.

Why the Coles No Annual Fee Mastercard Is a Smart Pick

The Coles No Annual Fee Mastercard is designed for those who want to get the most out of their credit card without having to worry about extra costs. Here’s a closer look at why this card might be the right choice for you.

Key Benefits of the Coles No Annual Fee Mastercard

One of the most attractive features of this card is that it truly lives up to its name—no annual fee. You can keep the card active and enjoy its benefits without worrying about an annual charge, making it a cost-effective option for anyone focused on saving money.

Another highlight is the ability to earn Flybuys points. For every $2 spent on eligible purchases, you earn 1 Flybuys point, up to a limit of $5,000 in spending per statement period.

These points can be redeemed for a variety of rewards, including groceries, travel, and more, making it an excellent choice for regular shoppers at Coles and other Flybuys partners.

The card also offers up to 55 days of interest-free purchases, giving you flexibility in managing your cash flow. If you’re diligent about paying off your balance in full each month, this feature allows you to borrow without incurring extra costs.

When it comes to security, the Coles Shield provides three layers of protection against credit card fraud, ensuring your transactions are safe. Plus, with integration into Apple Pay, Samsung Pay, and Google Pay, you can make secure, contactless payments wherever you go.

Drawbacks of the Coles No Annual Fee Mastercard

While the Coles No Annual Fee Mastercard offers plenty of benefits, there are a few considerations to keep in mind:

Cash Advance Fees: If you use the card for cash advances, you’ll incur fees, and the interest rate on these transactions is typically higher than for regular purchases. This could lead to additional costs if not managed carefully.

Higher Interest Rates: The card carries an interest rate of 20.74% p.a. on purchases and cash advances. If you don’t pay off your balance in full each month, the interest charges can quickly add up, potentially outweighing the benefits of the Flybuys points.

Limited Reward Use: The rewards program is closely tied to Coles and Flybuys partners. If you don’t shop frequently at these locations, the rewards may be less appealing compared to cards with broader reward options.

Eligibility Criteria for the Coles No Annual Fee Mastercard

Before applying for the Coles No Annual Fee Mastercard, ensure that you meet the following criteria:

• Age Requirement: Applicants must be at least 18 years old.
• Residency: You need to be a permanent resident of Australia.
• Creditworthiness: A good credit history is crucial, as Coles will assess your credit score to evaluate your application.
• Income Verification: While Coles doesn’t always specify a minimum income, you’ll need to demonstrate regular income to manage the credit limit.
• Identification: Valid identification, such as a driver’s licence or passport, is required to verify your identity during the application process.

How to Apply for the Coles No Annual Fee Mastercard

Applying for the Coles No Annual Fee Mastercard is straightforward and can be done entirely online. Here’s how to get started:

1 – Head to the official Coles No Annual Fee Mastercard page.

2 – Scroll down until you see the “Apply Now” button, then click on it.

3 – A new page will open up, highlighting the eligibility criteria. When you’re ready, hit the “Get Started” button.

4 – You’ll be directed to the application form for the Coles No Annual Fee Mastercard. Fill out all the requested details, ensuring everything is accurate.

5 – As you proceed, you’ll notice that “we/our” refers to both National Australia Bank Limited (NAB) and Citigroup Pty Limited (Citi), along with their related entities that help provide services. Unless stated otherwise, “we/our” is used collectively or separately as required by the context.

6 – Your application will be saved, and you’ll receive an email and SMS allowing you to continue your application later. If you prefer not to receive these notifications, be sure to close the window before your session expires.

7 – Before clicking “Continue,” you must acknowledge and agree to the following:

• You consent to the Coles Mastercard Terms and Conditions, Electronic Communication Consent, Privacy Notice, and Flybuys Terms and Conditions.
• A copy of your credit report will be obtained from one or more credit reporting bodies.
• We may contact you by phone to assist with completing an incomplete application.
• You agree to the “Electronic Communication Consent” and consent to receiving statements and other notices related to any Coles accounts electronically. You can change this preference at any time by accessing your account online or calling 1300 306 397.
• We may provide your name, residential address, date of birth, and government-related identifiers (like your driver’s licence number, passport details, and Medicare details) to verify your identity by the Anti-Money Laundering and Counter-Terrorism Financing Act 2006, and our policies. You confirm that you’re authorised to provide these personal details and consent to your information being verified through a third-party system, such as Electoral Roll, Medicare, or other official registries.
• Your personal information will be collected, maintained, used, and disclosed as reasonably necessary for business purposes, including regulatory reasons, fraud detection and prevention, customer service, and handling complaints.
• The information you provide in this application will be retained to process future applications in your name or another’s and to identify any attempts at fraudulent activity, regardless of whether your application is successful or if you are a current customer.
• We may engage third parties to verify the authenticity of any identity documents you provide. If you do not wish to use these methods to verify your identity, do not click “Continue.” Instead, email applicationsupport @ secure.coles.com.au to request a paper application. Once received, we’ll send you a form to take to Australia Post for in-person identity verification.
• This product is not marketed or intended for residents outside Australia, including the EU, EEA, UK, Switzerland, Guernsey, and Jersey. This does not constitute a solicitation for non-Australian residents to apply for this product.
• If you leave Australia or are not an Australian resident for tax purposes, we may be limited in how we can provide financial services to you, including advice and promotional material when you are overseas.

8 – Review everything carefully. Once you’re comfortable with the terms, click “Continue” to move forward with your application.

Fees to Be Aware Of with the Coles No Annual Fee Mastercard

While there’s no annual fee, it’s important to be aware of other costs associated with the card:

• Interest on Purchases: The card carries an interest rate of 20.74% p.a. on purchases.
• Interest on Cash Advances: The same rate applies to cash advances, and additional fees may be incurred.
• Late Payment Fee: A $30 fee applies if you miss a payment deadline.
• Foreign Transaction Fees: Transactions made in foreign currencies will incur a conversion fee.

Contacting Coles No Annual Fee Mastercard Support

For any inquiries or support:

• Phone Support (Within Australia): 13 22 65
• Phone Support (International): +61 3 8641 9083
• Website: Visit the Coles Credit Card page for more information.
• Mobile App: Access the app store on your smartphone! Available for Android and iOS.