Coles Low Rate Mastercard 0% balance transfers for 15 months, low interest plus Flybuys rewards

Low interest and balance transfer offer

The Coles Low Rate Mastercard delivers a clear aim: trim interest costs while you get on top of debt. With 0% balance transfers for 15 months, you can shift higher-rate card debt across and concentrate on repayment instead of rising interest.

That introductory 0% p.a. period pairs with a competitive 13.49% p.a. purchase rate, so everyday spending is cheaper than many standard cards. Remember the 1.5% balance transfer fee when doing the sums to ensure the move really saves you money.

Flybuys rewards and everyday benefits

For regular Coles shoppers, earning Flybuys points adds tangible value: you collect 0.5 Flybuys point per $1 spent at Coles. Over weeks and months, those points turn into fuel discounts, vouchers or product offers that cut household costs.

The card also lets you add extra cardholders at no extra cost, making it practical for couples or families who shop together. If most of your spending is domestic and at Coles, the combined low rate and Flybuys returns can stack up nicely.

Fees, rates and real costs

Know the numbers: annual fee sits at $58, international transactions incur a 3% fee, and cash advances attract the higher rate of 20.74% p.a. Late payments and minimum repayments follow standard terms, so set up auto-pay to avoid penalties.

After the 15-month 0% period, any remaining transferred balance reverts to a higher rate (around 20.74% p.a.), so plan a repayment schedule. Do the math: the 1.5% transfer fee might be worth paying if you eliminate higher-rate debt within the intro term.

How to apply and whether it suits you

Applying is straightforward online for Australian residents and permanent residents; typical checks cover ID and income. If you want to move up to 80% of your available limit as a transfer, check eligibility and the exact limit offered in your approval.

Choose the Coles Low Rate Mastercard when you have an existing high-rate balance you can repay within 15 months and you shop at Coles enough to benefit from Flybuys. Compare other cards if you need a longer 0% term or zero transfer fees, but for many Aussies this card balances savings and rewards well.