Finding a credit card that is truly free of annual fees and still offers practical benefits is an increasingly difficult task. Amidst so many options that hide costs and fees between the lines, the Coles No Annual Fee Mastercard emerges as a transparent and advantageous alternative for those who value simplicity.
Aimed at Australians who want to accumulate points on Flybuys without paying an annual fee, the card offers flexibility and rewards for everyday life. Let’s look at everything you need to know to decide if this card is the right fit for your budget.
Why we recommend Coles No Annual Fee Mastercard
The recommendation for the Coles No Annual Fee Mastercard is based on some very clear points that make it an excellent option for a specific audience.
Permanent exemption from the annual fee, which already eliminates a common recurring cost on other cards
Automatic accumulation of Flybuys points on all eligible purchases, making everyday expenses more advantageous
Simplified application process and fast approval capability
Functional application for expense control and card management, compatible with digital wallets such as Apple Pay, Google Pay and Samsung Pay
Up to 44 days interest-free on purchases for those who pay the full balance by the due date
For those who want an efficient, economical card that also rewards everyday spending, the Coles No Annual Fee Mastercard stands out in the Australian market.
What are the requirements needed to apply?
Before you consider taking advantage of the Coles No Annual Fee Mastercard benefits, you need to ensure that you meet the required eligibility requirements.
Be at least eighteen years old at the time of application
Be a permanent resident of Australia or an Australian citizen
Have a good credit history, with no negative records in recent years
Present proof of regular income, sufficient to cover any card expenses
Not be involved in active bankruptcy proceedings or insolvency arrangements
Comply with Coles Financial Services’ internal credit granting policies
These requirements are standard for most reputable credit cards in Australia, and failure to meet any of them may result in your application being rejected.
What are the biggest uses of this card?
The Coles No Annual Fee Mastercard isn’t just a way to pay. It’s designed to add value to your everyday purchases and make managing your finances easier. Let’s explore its main uses.
Shopping in supermarkets and affiliated stores
This card is especially advantageous for those who already make regular purchases at Coles stores or Flybuys partners.
Automatic accumulation of Flybuys points on all purchases
Exclusive promotions for cardholders at participating supermarkets and pharmacies
Discounts on selected products using accumulated Flybuys points
Using your card at Coles stores maximises your points return, turning routine spending into tangible benefits.
Online and in-store shopping
Outside of supermarkets, the card also performs very well for everyday purchases.
Accepted in millions of establishments around the world as it is Mastercard
Zero usage fee for local purchases
Compatibility with digital wallets, facilitating contactless and online purchases
Whether you’re buying clothes, electronics or paying for services, the card offers convenience and security.
Payment of services and bills
The Coles No Annual Fee Mastercard is also useful for arranging payment for recurring services.
Payment of electricity, water, telephone and internet bills
Streaming subscriptions like Netflix, Disney+, Amazon Prime
Payment for personal insurance, education and subscription clubs
Centralizing these payments on the card makes it easier to monitor monthly expenses and also generates Flybuys points.
Simplified financial management
The card allows for easier management of finances, with features such as:
Application to check balance, available limit and invoice
Real-time transaction history view
Invoice due alerts to avoid delays
Possibility of installment payments for selected purchases
These tools help those looking for more control and organization in their financial life.
The Coles No Annual Fee Mastercard is an efficient tool for those who want a basic but functional credit card. It combines the advantage of zero annual fees with the real benefit of accumulating Flybuys points, international acceptance and a clear cost structure. Recommended for those who make frequent purchases in the Coles group or simply want a card without unpleasant surprises on their statement, it is a practical solution for everyday use.
Advantages and disadvantages of the card
Now, let’s weigh up the positives and negatives of having a Coles No Annual Fee Mastercard.
Advantages of the Coles No Annual Fee Mastercard
Zero annual fees forever, no minimum spend required
Accumulation of Flybuys points on all purchases
Worldwide acceptance via Mastercard
Easy-to-use app for invoice management and expense tracking
Up to 44 days interest-free on purchases if the invoice is paid in full
Apple Pay, Google Pay and Samsung Pay compatibility
Fully online and fast application process
Program of exclusive promotions and offers for cardholders
Possibility to exchange Flybuys points for discounts in supermarkets
Disadvantages of Coles No Annual Fee Mastercard
3% international transaction fee for purchases outside Australia
AUD 30 late payment fee if invoice is not paid by due date
No travel insurance included
No access to airport lounges or premium protections
No traditional cashback or airline miles program
Need to have a good credit history for approval
Benefits focused only on the Flybuys program, without much flexibility
If your goal is simply to accumulate airline miles or seek premium travel benefits, this card may not be the best fit.
How is the credit check done on the Coles No Annual Fee Mastercard?
Coles Financial Services performs a thorough credit check on all card applicants.
Credit score check with Australian credit agencies
Analysis of previous payment history in other financial products
Assessment of declared income compared to existing debts
Checking the consistency of the data provided
Permanent residency and financial stability check
The final decision depends on the combination of payment capacity, financial stability and good behavior in the credit market.
Is there a maximum and minimum value for the Coles No Annual Fee Mastercard?
The credit limit range offered varies according to the applicant’s financial profile.
Minimum limit usually starts from AUD 1,000
Maximum limit set individually, which can reach AUD 20,000 for more solid profiles
The limit is granted conservatively at the beginning, with the possibility of reviewing the limit after six months of good usage history.
Want to apply? Learn how to get the Coles No Annual Fee Mastercard right here!
If you’ve read all the way through and decided that the Coles No Annual Fee Mastercard is the right card for you, the application process is simple.
