Stretch Your Grocery Budget with Coles Low Rate Mastercard, 0% Balance Transfers and Flybuys
Keep more cash in your pocket with Coles Low Rate Mastercard, 15 months 0% balance transfers and Flybuys on your weekly shop
Why the Coles Low Rate Mastercard suits Aussie shoppers
The Coles Low Rate Mastercard is designed for Australians who want to stretch their weekly shop budget while keeping interest costs down. With a low purchase rate and Flybuys rewards on Coles spending, this low rate credit card appeals to regular Coles customers looking to earn points and reduce long-term interest payments.
It balances practical savings and everyday perks: a 13.49% p.a. purchase rate, a modest $58 annual fee, and Flybuys earnings that add value to routine grocery trips. If your weekly shop makes up a big slice of your spending, the Coles Low Rate Mastercard can be a sensible fit.
Key features: 0% balance transfers and Flybuys
The headline feature is 0% p.a. on balance transfers for 15 months, which helps you pay down existing debt without extra interest during the offer period. A 1.5% balance transfer fee applies, so calculate the fee versus interest saved before transferring balances to this Coles Low Rate Mastercard.
Flybuys rewards are also built in: earn 0.5 Flybuys points per $1 at Coles supermarkets, helping you recoup value on groceries. Adding extra cardholders at no extra cost and up to 55 days interest-free on purchases when you clear the balance in full are handy extras for everyday money management.
Costs, limits and practical tips
Be aware of post-introductory rates and fees: after the 15-month balance transfer period a higher rate of 20.74% p.a. applies, and international transactions attract a 3% fee. The balance transfer fee and these ongoing charges should factor into whether the Coles Low Rate Mastercard is right for your repayment plan.
Plan to pay more than the minimum monthly repayment to make the most of the 0% window, and check you can transfer up to 80% of your available credit if you intend to move existing card debt. Use online calculators to estimate real savings before you apply.
How to apply and final considerations
Application is straightforward for Australian residents and permanent residents: complete the online form, provide ID and income details, and you can usually get an instant response. The Coles Low Rate Mastercard is particularly attractive if you regularly shop at Coles and want a simple way to earn Flybuys while cutting interest costs.
Compare alternatives if you need a longer 0% term or lower transfer fees, but if your priorities are low ongoing purchase rates, Flybuys on groceries and a practical balance transfer offer, the Coles Low Rate Mastercard is a competitive choice. Apply online, crunch the numbers, and see if the card helps your household budget right now.