Card Overview
What we’ll be overlaying
Coles is providing $100 off a Coles Grocery store store for brand new cardholders of the No Annual Charge Mastercard who spend $1,000 or extra on eligible retail purchases inside the first 60 days of approval till 30 September 2021.
The Coles No Annual Charge Mastercard is a straightforward proposition – pay no annual price, and earn a small variety of flybuys factors out of your day-to-day spend in return.
Digging into the small print
It is a no-frills card designed for individuals who don’t spend heaps on their card every month and don’t need any further advantages.
Card Particulars
| Card | Coles No Annual Charge Mastercard |
| Loyalty program | flybuys |
| Factors earned from spend | 1 flybuys level per $2 on eligible spend |
| Worldwide transaction price | 2.5% on all Retail Purchases and Money Advances |
| Minimal Revenue | $25,000 p.a. |
| Annual price | $0 |
Efficient Frequent Flyer Program Level Earn Charges
| Companion Frequent Flyer Program | Equal accomplice factors earned |
|---|---|
| Velocity Factors | 0.22 level / $ on all eligible spend |
Earn flybuys factors with the Coles No Annual Charge Mastercard
You’ll accumulate 1 flybuys level for each 2 {dollars} you spend on the cardboard. 2,000 flybuys level might be redeemed for $10 value of groceries (or redeemed for present playing cards/different merchandise from the flybuys rewards retailer).
If as a substitute you switch your flybuys factors to Velocity, you’ll be capable of redeem in increments of two,000 flybuys factors for 870 Velocity factors. Decreased to some extent per $1 earn price, this equates to about 0.22 Velocity Level per greenback, and you’ll switch flybuys factors to Velocity at any time you select, simply remember the fact that factors increments and limits apply.
It is a low factors earn price for these currencies in comparison with different playing cards in the marketplace, however virtually all of its friends will include an annual price to take note of.
Mixed flybuys and bank card with Coles Pay Tag
This can be helpful – your bank card comes along with your flybuys barcode printed on the again, so there’s one much less card to hold round in your pockets.
You too can order a Pay Tag to stay on the again of your telephone, once more pre-printed along with your flybuys barcode (which might be fairly handy when utilizing the self-scanner at Coles checkouts when purchasing) and a contactless chip to make use of for PayPass with out pulling your pockets out.
Apple Pay & Samsung Pay Help
Coles Credit cards help Apple Pay and Samsung Pay, that means you should utilize this card in your smartphone for simpler funds.
Learn the Level Hacks information to utilizing Apple Pay or for utilizing Samsung Pay, together with directions on learn how to add your card to these providers.
With this function arrange, it means you might nonetheless use your NFC-enabled telephone to make purchases along with your card, even when your bodily card is misplaced or stolen and pending substitute.
Summing up
The Coles No Annual Charge Mastercard is for individuals who are actually attempting to minimise outgoings in charges and different prices to banks however nonetheless wish to earn a couple of factors from day-to-day transactions.
Fortunately, flybuys factors are more and more helpful, so even should you don’t find yourself utilizing them for flights with Velocity, they’re straightforward to redeem for a reduction at Coles.
That stated, it may very well be nicely value trying up the Coles card vary, together with the Coles Rewards Mastercard with an annual price of $99, which continues to be comparatively low in comparison with most different rewards playing cards.
With that card, you’ll obtain a factors earn price 4 occasions that of the No Annual Charge card (2 flybuys factors per $ spent for the Coles Rewards Mastercard vs 1 flybuys level for each $2 spent for the No Annual Charge Mastercard).
Phrases and situations
Phrases and situations and exclusions apply. Click on right here to seek out out extra.
