Coles Platinum No Annual Fee MasterCard – Rates & Fees

Rates and Fees verified correct on March 7th, 2015
Coles No Annual Fee Platinum MasterCard Find out more Go to site
What happens when I click Go to site?
  • Clicking Go to site will take you to your Online Application on the bank's website. You do not need to be an existing customer of this bank to apply.
  • Your application will typically take you no more than 10-15 minutes to complete
  • Once approved, you will typically receive your credit card within 1-2 weeks
Click here to start your application >>

Enjoy the benefits of a premium card, receive up to *10,000 bonus flybuys points and no annual fee with the Coles Platinum No Annual Fee Mastercard.

Save money and enjoy no annual fee with the Coles Platinum No Annual Fee Mastercard. Coles MasterCard is offering *10,000 bonus flybuys points and a balance transfer offer.

You can also earn flybuy points every time you use your card on top of your normal flybuy points earned at Coles partner stores. This is will help you grow your flybuys points and allows you to reward yourself by making purchases on your MasterCard. If you’re after a more premium option with more rewards, the Coles Rewards Mastercard could be an alternative product for you, but comes with an annual fee.

This offer is exclusive to only

As you know, it’s part of our on-going mission to find you a better deal as we continuously seek to provide you with the best possible offers. Our exclusive offers are unique to the market and are only available if you apply online through

For more information about the application process and to see whether you’re *eligible for this offer, see below.

Product NameColes No Annual Fee Platinum MasterCard
Rewards Programflybuys
Balance Transfer Rate0% p.a. for 6 months
Balance Transfer Revert Rate
The interest rate after the balance transfer ends.
Purchase Rate (19.99% p.a.)
Balance Transfer Limit100% of available credit limit
Interest Rate on Purchases19.99% p.a.
Offer end date31 March 2015
Annual Fee$0 p.a.
Interest Free Period
on Purchases
The Interest free period on purchases is the period or number of days you don't have to pay interest on your card purchases. This would usually start from the first day of your credit card statement and not when the purchase is made.
up to 62 days
Interest Rate on Cash Advances19.99% p.a.
Minimum Credit Limit
This is the lowest credit card limit that you can request. It is possible to apply for a higher credit card limit but not a lower one than this figure.
Card TypeVisa
Late Payment Fee$20
Foreign Currency Conversion Fee (MC)2.5% of transaction value
Complimentary Travel InsuranceNo
Available to Temporary ResidentsNo
Joint ApplicationNo
Minimum Age18 years of age
Available to Temporary ResidentsNo
Credit Rating RequirementGood
Min Credit Limit
This is the lowest credit card limit that you can request. It is possible to apply for a higher credit card limit but not a lower one than this figure.
Annual Fee$0 p.a.
Late Payment Fee$20
Cash Advance Fee3% of the cash advance/cash equivalent transaction or $1.95 - whichever is greater
Overseas ATM Withdrawal Fee$4
Foreign Currency Conversion Fee (MC)2.5% of transaction value
Gambling Transactions AllowedNo
Additional Cardholder Fee$0
Number of Additional Cardholders8
Direct DebitYes
Australia PostYes
Phone BankingYes
Internet Banking TransfersYes
In BranchNo
Rewards Programflybuys
Bonus Points on Sign-up10,000
Rewards Points per $ (VISA/MC)0.5
Rewards Points per $ (AMEX)0
Rewards Points per $ (VISA/MC) CapUncapped
Rewards Points per $ (AMEX) CapN/A
Points ExpiryNever

Coles Platinum No Annual Fee MasterCard Review

Enjoy a bonus points offer of up to 10,000 flybuys points and 0% p.a. for 6 months on balance transfers.
The Coles Platinum No Annual Fee MasterCard is a credit card that can be used on a range of goods or services. This card goes beyond a generic card as it offers plenty of additional features that reward you for using your card.

The Coles MasterCard is linked to your flybuys card, so there’s no need to carry two cards around. It also means you won’t miss out on points if you forget your flybuys card at the checkout. You can also manage your account online with ease.

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Benefits of the Coles Platinum No Annual Fee MasterCard

  • Coles Mobile Wallet

    With the Coles Platinum No Annual Fee MasterCard, you can pay and collect flybuy points with your phone. This also allows you to keep track of your purchases with ease.

  • Rewards program

    This card is linked to the flybuys reward program. With your flybuy points, you can treat yourself or someone special to a range of rewards including travel, gift cards, homewares, technology devices, baby and kids items, and more.

  • Discounts and savings

    Every time you redeem 2,000 flybuy points you will receive an instant $10 discount at the checkout. You can also receive free delivery when you spend $100 or more on your card when shopping with Coles Online. Offer can be withdrawn at any time. Offer excludes tobacco and tobacco related purchases and remote delivery orders.You may still be interested in learning more about shopping online at Coles. First time customers to Coles receive free home delivery on orders over $100. Learn more here.

  • International use

    You can also use your MasterCard overseas. However, this may attract fees such as an international ATM fee and international transaction fee.

Features of the Coles Platinum No Annual Fee MasterCard

  • Annual fee - As mentioned, the Coles Platinum No Annual Fee MasterCard has no annual fee. This is a lifetime zero annual fee and can assist you in saving over the life of your card.
  • Rewards program - The Coles Platinum No Annual Fee MasterCard is linked to the flybuys program. You receive 0.500 flybuys point for every $1 you spend everywhere, this is in addition to the usual flybuy points you receive from making purchases at Coles partners – This ultimately means when you shop at Coles you have the potential to earn 1.5 points for every dollar spent when you scan your flybuys barcode on your card.
  • Interest rate - This credit card has an interest rate 19.99% p.a. on purchases and cash advances.
  • Interest-free period - The Coles Platinum No Annual Fee MasterCard has a 62-day interest-free period, allowing you time to pay off your balance before interest will be charged.
  • Security - MasterCards are known for their security and this card is no different. The card has a high level of security and fraud protection. This credit card also has the Falcon fraud management system and a zero liability guarantee.

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How to apply for the Coles Platinum No Annual Fee MasterCard

Applying for the Coles Platinum No Annual Fee MasterCard is easy and you can get a response in 60 seconds. To apply online, simply click ‘Go to site’ to begin your application. Before you start, ensure you meet the following eligibility requirements:

Application Criteria

  • Be at least 18 years of age
  • Be a permanent Australian resident
  • Have a good credit rating
  • Be eligible for a minimum credit limit of $1,000

*How can I be eligible for the exclusive offer?

  • Click through the “Go to Site” button and submit your application
  • Be approved by the 31 March 2015
  • Make one transaction on your Coles MasterCard within 30 days of approval date
  • Be a new customer

Required Documents

  • Contact details
  • Drivers licence
  • Income information

There’s a large range of credit cards available on the market so start comparing credit cards and apply for the one that’s right for you today.

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This page was last modified on 2 March 2015 at 17:43.

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Disclaimer: At we provide factual information and general advice. Before you make any decision about a product read the Product Disclosure Statement and consider your own circumstances to decide whether it is appropriate for you.
Rates and fees mentioned in comments are correct at the time of publication.
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10 Responses to Coles Platinum No Annual Fee MasterCard – Rates & Fees

  1. Default Gravatar
    Paul | October 3, 2014

    Would Aged Pensioners be eligible for this card.

    • Staff
      Elizabeth | October 3, 2014

      Hi Paul,

      Thanks for the question.

      You’re able to apply for this card if you are an aged pensioner, as long as you are able to satisfy the minimum salary requirement of $15,000 p.a.

      Hope this has helped.



  2. Default Gravatar
    Susan | September 9, 2014

    Does this card come with travel insurance?

    • Staff
      Shirley | September 10, 2014

      Hi Susan,

      Thanks for your question.

      Unfortunately this card doesn’t come with complimentary travel insurance.

      You can find a list of cards that do here.


  3. Default Gravatar
    Josh | April 24, 2014


    Do the points on this card have an expiry limit?


    • Staff
      Shirley | April 24, 2014

      Hi Josh,

      Thanks for your comment.

      The points don’t expire on the Coles no annual fee Mastercard.


  4. Default Gravatar
    Lulu | December 9, 2013

    Does anyone know how long does it take for flybuy points earned by using coles master card be transferred to your flybuys account? The website says daily but I made purchases on the 6 December however the flybuys points haven’t been transferred to my flybuys account today, the 8 December. Have I missed something? Thank you for your reply in advance.

    • Staff
      Jacob | December 9, 2013

      Hi Lulu.

      The 6th of December was a Friday. It could be the flybuys points are not processed over the weekend.

      Thanks for your question.

  5. Default Gravatar
    tony | August 18, 2013

    Can I keep my points with my existing MasterCard?

    • Staff
      Jacob | August 19, 2013

      Hi Tony.

      What credit card do you have?

      If you’re a member of a rewards program, like the Commonwealth Bank Awards Program, you will have three months to use your points after you close the credit card account before they expire. This card rewards you with flybuys points when you make an eligible purchase on the card. These points will be credited to your flybuys rewards account, which can be managed online.

      Thanks for your question.

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* The credit card offers compared on this page are chosen from a range of credit cards has access to track details from and is not representative of all the products available in the market. Products are displayed in no particular order or ranking. The use of terms 'Best' and 'Top' are not product ratings and are subject to our disclaimer. You should consider seeking independent financial advice and consider your own personal financial circumstances when comparing cards.

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