Low Rate Mastercard

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Enjoy 0% p.a on Balance Transfers for 15 months*

Reverts to Cash Advance rate. No interest free days apply to Retail Purchases while you have a Balance Transfer. Apply for a Coles Low Rate Mastercard® by 30 June 2021.

Low Rate Mastercard

Annual fee

$58

Purchase interest rate

12.99% p.a.

Interest free days4

Up to 55

flybuys logo

1 point for every $2 at Coles Supermarkets²

Key features

  • Interest rate: 12.99% p.a. on purchases

    and 19.99% p.a. on cash advances.

  • Collect 1 Flybuys point for every $2 at Coles Supermarkets²

  • Interest rate: 12.99% p.a. on purchases

    and 19.99% p.a. on cash advances.

  • Collect 1 Flybuys point for every $2 at Coles Supermarkets²

Not quite what you want?

  • Tap & Pay with Apple and Samsung Pay.

    It's the easy and secure way to use your card on the go.

  • The free Coles Mobile Wallet App.

    Lets you view and activate flybuys offers with your phone, while keeping track of your purchases for your convenience and control.

  • $10 off your Coles Supermarket shop^

    Instantly take $10 off your Coles Supermarket shop, every time you redeem  2,000 flybuys Points at the checkout.

  • Protected by the Coles Shield

    Coles Shield provides three layers of defence against credit card fraud.

  • Mastercard and flybuys card in one

    So you only have to carry one card instead of two.

  • Complimentary Insurance⁶

    Protects the items you buy with your card in case they're permanently lost, stolen or accidentally damaged.

  • Complimentary access to our 24/7 worldwide concierge⁵

  • Annual Fee

    $58

  • Balance Transfer

    Enjoy 0% p.a on Balance Transfers for 15 months (reverts to Cash Advance rate)* when you apply by 30 June 2021. No interest free days apply to Retail Purchases while you have a Balance Transfer.

  • Interest rate on purchases

    12.99% p.a. 

  • Interest rate on cash advances

    19.99% p.a

  • Domestic Cash Advance Fee

    A $1.95 per transaction amount under A$65.00, and 3.00% of the transaction amount for any transaction equal to or over A$65.00, debited to your Account on the Transaction Date.

  • International Cash Advance Fee

    $5

  • International Transaction Fee

    2.5% of all Retail Purchases and Cash Advances.

  • Late Payment Fee

    $30 

    Each time we do not receive the Minimum Payment Due and any Overdue amount by the payment due date, debited to your Account after the payment due date. The Minimum Payment Due, any Overdue Amount, and Payment Due Date are detailed on your statement of account.

  • Over-the-Counter Transaction Fee

    A$2.25

  • Paper Statement Fee

    $2.00 per statement

Enjoy 0% p.a on Balance Transfers for 15 months (reverts to Cash Advance rate)* when you apply for a Coles Low Rate Mastercard by 30 June 2021. No interest free days apply to retail purchases while you have a Balance Transfer.

The features listed on this page apply to new applicants only. Please see our existing customers page if you already have a Coles Mastercard.

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Coles Low Rate Mastercard

Get a trolley top up

Enjoy $10 off your Coles Supermarket shop each time you redeem 2,000 flybuys Points in-store at checkout.^

Flybuys points

Collect 1 point for every $2 you spend at Coles Supermarkets.2

Coles Shield

Three layers of fraud protection with the Coles Shield.

Download the Coles Mobile Wallet App today

Download the Coles Mobile Wallet App today

  • Quick, simple and secure way to manage your account
  • 24/7 access
  • Use your Access Code to access your balance and transaction history
  • It's free
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Terms and conditions

Credit card criteria

* Credit criteria, fees and charges, terms and conditions apply. Individuals must be 18+. New customers only who apply for a Coles Low Rate Mastercard by 30 June 2021. Your total Balance Transfers may not exceed 80% of your Credit Limit. The 0% p.a. interest rate applies to balances transferred with this offer for a period of 15 months. The 15 months promotional period commences when the Balance Transfer is processed, and you must make the Balance Transfer request within 90 days from approval to receive this offer. At the end of the Balance Transfer period, the interest rate on any outstanding transferred balance will revert to the Annual Percentage Rate for Cash Advances, currently 19.99% p.a. Please note you are not entitled to any interest free days on purchases whilst you have a Balance Transfer. This means that all transactions will be charged interest at the applicable Annual Percentage Rate from the date of purchase. This offer is valid until 30 June 2021. Post this advertised date; Citi reserves the right to continue, withdraw or change the offer at any time without notice. This offer cannot be used in conjunction with any other offer and is not available when closing/transferring from another Coles Mastercard. For important information to consider before taking up a Balance Transfer, please click here for Balance Transfer information.

4 The interest free period applies to Retail Purchases, interest, fees and charges when you pay your full Closing Balance from your last statement by the Payment Due Date (excluding any Fixed Payment Option balance which isn’t due for payment by that Payment Due Date). No interest free period is available on Cash Advances or Balance Transfers. Please note you are not entitled to the interest free period whilst you have a Balance Transfer.

5 Concierge is a complimentary service available to the Primary Cardholder of a Coles Platinum Mastercard. Refer to the Coles Mastercard Rewards Terms and Conditions. Concierge Services provided by Aspire Lifestyles (Americas), Inc.

6Complimentary insurance covers are provided to your Account by AWP Australia Pty Ltd ABN 52 097 227 AFSL 243631 trading as Allianz Global Assistance (“Allianz Global Assistance”) under a binder from the insurer, Allianz Australia Insurance Limited 15 000 122 850 AFSL 234708 (“Allianz”) who has issued an insurance group policy to Citigroup Pty Limited 88 004 325 080 AFSL 238098 (“Citibank”) which allows eligible Citibank account holders and cardholders to claim under it as third party beneficiaries. Access to the benefit of cover under the Coles Mastercard Platinum Complimentary Insurance Terms and Conditions is provided to eligible Citibank cardholders by operation of s48 of the Insurance Contracts Act 1984 (Cth). Any advice on insurance is general advice only and not based on any consideration of your objectives, financial situation or needs. You must check whether or not it is appropriate, in light of your own circumstances, to act on this advice. The eligibility criteria, terms, conditions, limits and exclusions of the group policy are set out in the Coles Mastercard Platinum Complimentary Insurance Terms and Conditions Information Booklet which can be found at coles.com.au/mastercard-important-information and may be amended from time to time. Citibank does not guarantee this insurance. For general enquiries call Allianz Global Assistance who issues and manages the Group Policy on behalf of Allianz.


Redeeming and earning Flybuys points

^ 2,000 flybuys Points are required to redeem $10 off at the checkout in-store each time. Excludes Coles Express, Coles Local and Coles Online. Minimum spend is $10 after savings and discounts in one transaction at Coles Supermarkets (excluding gift cards, iTunes cards, tobacco and tobacco related purchases).

2 Coles spend is Eligible Transactions made at Coles Supermarkets Australia Pty Ltd, as defined in the Coles Mastercard Rewards Terms and Conditions found at www.coles.com.au/mastercard-important-information. The number of flybuys Points awarded is calculated by reference to the Australian dollar amount of the transaction. flybuys Points awarded for using a Coles Mastercard linked to your flybuys Membership Account are in addition to flybuys Points awarded by flybuys partners and will  be allocated by flybuys in accordance with the flybuys terms and conditions found at flybuys.com.au.

Other

Mastercard is a registered trademark and the circles design is a trademark of Mastercard International Incorporated.

Coles unsecured credit products are issued by Citigroup Pty Limited ABN 88 004 325 080 AFSL No. 238098 Australian credit licence 238098 and distributed by Coles Supermarkets Australia Pty Ltd ABN 45 004 189 708. Coles receives commission for the introduction of credit business to Citigroup.