Coles No Annual Fee Mastercard review for Aussies – 20,000 Flybuys, $0 fee and 0% p.a. for 6 months

Overview of the Coles No Annual Fee Mastercard

The Coles No Annual Fee Mastercard is a practical choice for Aussies who want rewards without the ongoing cost. With 20,000 bonus Flybuys points for new cardholders who spend $3,000 in the first three months and 0% p.a. on purchases for six months, this card stacks value for everyday shoppers.

Coles No Annual Fee Mastercard suits those who do their weekly shop at Coles, visit Kmart or Target, or convert points to Velocity for flights. The card keeps things simple: no annual fee, a decent introductory offer, and widespread Flybuys redemption options across Australia.

Earn Flybuys and how the rewards stack up

Cardholders earn 0.5 Flybuys points per $1 on eligible spending, which adds up over regular grocery and household purchases. The 20,000 bonus points can be redeemed as Flybuys dollars at Coles and partner stores or swapped for 10,000 Velocity Points if you prefer travel rewards.

For cost-conscious Aussies the appeal is clear: the Coles No Annual Fee Mastercard lets you rack up loyalty points without paying a membership charge. If you lock in the bonus and keep using the card for day-to-day expenses, the Flybuys system delivers tangible value for supermarket shoppers and families.

Costs, rates and the fine print

While the card has no annual fee, keep an eye on the standard purchase rate after the intro period: 19.99% p.a. applies once the 0% p.a. period ends. Other fees include a 2.5% foreign transaction fee, cash advance fees, and a late payment charge, so this card is best for people who pay on time and avoid overseas spending on this plastic.

Eligibility requires Australian residency and a good credit history, and the bonus points typically apply to new online applicants only. The interest-free period on purchases can be up to 55 days, which helps if you clear the balance monthly and use the card as a rewards-earning tool rather than a long-term loan.

Apply, manage and maximise the Coles No Annual Fee Mastercard

Applying online is straightforward and you can expect a quick response if your documents are in order. Make sure you link your Flybuys membership or allow automatic enrolment so the 20,000 bonus points land in your account once you meet the spend criteria.

To get the most from the Coles No Annual Fee Mastercard, pay off the balance before the 0% p.a. expires and use the card for routine supermarket and partner store buys. Sign up for email alerts about promotions and keep an eye on Coles offers that boost Flybuys points so your rewards grow faster.