Coles Low Rate Mastercard

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Medium low rate mastercard

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Rewards Low Rates Balance Transfer Offers Special Offers Frequent Flyer Rewards Max Interest Free Days Max Credit Limit

  • Type: MasterCard
  • Level: Standard

All Offers

Balance Transfers Offers 0% for 6 months then 9.99%
Introductory Offers N/A
Special Offers Receive $50 off a single Coles shop when you apply online via this webpage using promotion code 'promo1' and make a purchase within the first 30 days.


Rates & Fees

Ongoing Purchase Interest Rate 12.99%
Annual Fee $49
Maximum free days Up to 62
Late Payment Fee $20
Over Limit Fee $0

Overseas Spending

Currency Conversion Fee 2.5%
Overseas ATM Charges $4 or 3% (the higher of)
Estimated ATM Cost for AU$300 withdrawal $16.50

Frequent Flyer Rewards

Points per $1 spent 0
Partners Etihad Guest
Annual Flights Earned Inf SYD-MEL return flights ($49 in annual fees)


Points per $1 spent 0.5
Rewards Available Frequent Flyer, Shopping, Travel or Accomodation
Value of Rewards $101 after $49 annual fees
Additional Fee for Reward Card $0


Travel Insurance N/A

Repayment Details

$ Minimum Repayment $10
% Minimum Repayment 2.22%

Application Requirements

Minimum Credit Limit $500
Maximum Credit Limit $999,999,999

More about Coles

In addition to being a prominent supermarket brand, Coles offers a number of financial services to Australians - including credit cards. They offer a variety of low fee credit cards and premium credits cards, which could be suitable for many different people's needs.

As always, it's important to compare and contrast credit cards with one another before making a commitment, so you fully understand where a suitable deal can be made. What can the Coles credit cards offer?

Coles Rewards MasterCard

This is a product that offers a rewards scheme for shopping, accommodation, travel or cash. You generate two rewards points for every dollar spent on the Rewards MasterCard, and there is the opportunity for exclusive event invites and a concierge service.

Minimum repayments are either $10 per month or 2.22 percent of what you owe, with a minimum credit limit of $500. Balance transfers are offered at zero percent for six months and 19.99 percent thereafter, making this a possible option for those who are seeking to change credit cards.

Coles Rewards Platinum MasterCard

The Coles Rewards Platinum MasterCard offers many of the features of the Coles Rewards MasterCard, but with a minimum credit limit of $6,000. Once approved for this, users receive bonuses like Merchandise Protection Insurance and a 24-hour concierge service.

With the No Annual Fee MasterCard from Coles, Australians could get fast access to credit, and the low credit limit of $500 may be easier to get approved for than with some other options.

Coles No Annual Fee Platinum MasterCard

While the Coles Rewards Platinum MasterCard has significant rewards systems, the interest rate may cost you if you don’t pay your card off in full. With the Low Rate MasterCard, this is much lower and better suited to those who don’t always pay their full balance. Annual fees are also lower than with rewards credit cards, and many of the bonuses remain in place.

It is more expensive than other Coles credit cards for withdrawing money at an ATM, and has the same low minimum credit limit as the No Annual Fee MasterCard, at $500.

Coles Low Rate Platinum MasterCard

The differences here are similar to with the other platinum and non-platinum credit cards available from Coles, in that the Low Rate Platinum MasterCard has a higher minimum credit limit you must be approved for, but also has a more significant rewards system.

Making sure to compare credit cards before signing away on one is crucial, and understanding the nuances of each of the rewards and low fee credit cards available from Coles will go a long way towards making an informed decision. Make sure to use the Rate City comparison tools to complete the picture and discover what each card can bring to your financial situation, be it boosting credit or seeking an overseas spending credit card.