Low Rate Mastercard

Low interest rates every day.

Low Rate Mastercard

Annual fee


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

    Three layers of defence against credit card fraud and theft.

  • 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


  • Balance Transfer

    Enjoy 0% p.a. on Balance Transfers for 6 months when you apply by 31 October 2020 (reverts to Cash Advance rate)*. No Interest free days apply to 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


  • International Transaction Fee

    2.5% of all Retail Purchases and Cash Advances.

  • Late Payment Fee


    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


  • Paper Statement Fee

    $2.00 per statement

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 at checkout.^

Flybuys points

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

Coles Shield

Three layers of theft and 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

Terms and conditions

Credit card criteria

* Credit criteria, fees and charges, terms and conditions apply. New customers only who apply for a Coles Low Rate Mastercard by 31 October 2020. 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 6 months. The 6 month promotional period commences when the Balance Transfer is processed. At the end of the Balance Transfer period, the interest rate on any outstanding transferred balance will revert to the variable Annual Percentage Rate for Cash Advances, currently 19.99% p.a for a Coles Low Rate Mastercard. Please note you are not entitled to any interest free days on purchases whilst you have a balance transfer. This means that all spend will be charged interest at the applicable Annual Percentage Rate from the date of the transaction. This offer is valid until 31 October 2020. Post this advertised date Citi reserves the right to continue, withdraw or change the offer at any time without notice. For important information to consider before taking up a balance transfer, please click here for balance transfer information.

4 The Interest Free Period applies 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. No Interest Free Period is available on Cash Advances or Balance Transfers. Whilst you have a Balance Transfer you will be charged interest on your daily unpaid balance.

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.

6 Complimentary Insurance is provided to your Account under a Group Policy issued by AWP Australia Pty Ltd ABN 52 097 227 177 AFSL 245631 (trading as Allianz Global Assistance) under a binder from the insurer Allianz Australia Insurance Limited ABN 15 000 122 850 AFSL 234708 to Citigroup Pty Ltd ABN 88 004 325 080 AFSL and Australian Credit Licence 238098 and is subject to terms, conditions and exclusions, some limits may apply. For full terms and conditions of the cover applicable to you see coles.com.au/mastercard-important-information

Redeeming and earning Flybuys points

2,000 Flybuys points are required to redeem $10 off at the checkout each time. Excludes Coles Express 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).

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 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.

Product issuers

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.