Coles No Annual Fee Mastercard Review 2025 – 20,000 Flybuys, 0% on Purchases for 6 Months and Real Savings for Aussies

Overview of the Coles No Annual Fee Mastercard

The Coles No Annual Fee Mastercard is a solid pick for Aussies who want rewards without paying a yearly fee. With 20,000 bonus Flybuys points for new cardholders who spend $3,000 in the first three months and 0% on purchases for six months, this card pairs everyday value with a generous sign-up incentive.

After the intro period the purchase rate reverts to 19.99% p.a., so the best value comes to those who pay on time or use the interest-free window. For regular Coles, Kmart or Target shoppers the Flybuys ecosystem turns routine grocery runs into meaningful savings and travel perks.

Rewards, Earning and Redemptions

Earn 0.5 Flybuys points per $1 on eligible spend and collect the 20,000 bonus Flybuys points that can be redeemed as Flybuys dollars or converted into Velocity Points. That flexibility makes the Coles No Annual Fee Mastercard useful whether you’re stocking the pantry or saving for a holiday flight.

Flybuys points stack up across partner stores, and regular use of the Coles No Annual Fee Mastercard accelerates that earning without an annual fee dragging down returns. Aussies who shop consistently at Coles will notice the difference when points become real discounts at the checkout.

Fees, Charges and Practical Costs

Zero annual fee is the headline, but it’s important to watch the small print: 0% p.a. for six months on purchases then 19.99% p.a., 2.5% foreign transaction fee, and fees on cash advances. Late payment fees and the cash advance charge can erode value if you’re not careful.

Use the initial 0% period to manage larger purchases interest-free, and set up automatic payments to avoid late fees. For travellers, the 2.5% foreign currency conversion fee is standard, so factor that into overseas spending plans.

Who Should Apply and How to Make the Most of It

The Coles No Annual Fee Mastercard suits Aussies after a no-fee rewards card who shop at Coles or want a simple points program without annual cost. You’ll need to be an Australian resident, at least 18, and generally have a decent credit history to secure the sign-up bonus.

Apply online, link your Flybuys account or get enrolled automatically, and treat the 6-month 0% period as a window to clear planned spend. Keep monthly statements tidy, avoid carrying a balance long-term, and check Coles promotions for bonus point offers to maximise returns.