Coles provides Australian customers credit cards at no extra fee. Through the Coles No Annual Fee Mastercard, users can gain 1 point for every $2 spent on their credit card.

Coles is known for offering credit cards that give cardholders points for every transaction. Under this, Coles announces that they are offering 1 point for every $2 eligible spend on their No Annual Fee Credit Card. According to the bank’s website, users can take $10 off their supermarket transactions. However, the bank notes that 2,000 flybuys points are required in order to redeem $10.

The Coles No Annual Fee Mastercard also acts as the cardholder’s flybuys card, allowing users to consolidate their data in one card. Aside from this feature, Coles also has a free Coles Mobile Wallet App which allows customers to view and activate flybuys offers with their smartphones. Shoppers can also get free delivery at Coles online using their credit card. However, the free delivery service can only be availed if consumers spend $100 or more.

Despite having a wide range of offers, including a low-interest rate of 19.99 per annum and having no annual fees, Coles has a different payment plan for existing users. All these promotional offers are only extended to new members. Credit limit can start at $500 depending on the applicant’s credit score.

Coles does not charge an annual fee for this credit card. But, customers are advised to be wary about the charges applied on this card such as the 3% domestic cash advance fee, the international cash advance fee of $5, the international transaction fee of 2.50% and a late payment charge of $10.

Interested applicants can course their applications online through the Coles website or by visiting a branch near them. Australian applicants must be of legal age, have a minimum income of $25,000, have an Australian phone number and a legal resident. A good credit score is also essential for approval.