Coles No Fee Mastercard

Benefits & Flybuys Points Calculator
Review the benefits of the Coles No Fee Mastercard and calculate how many Flybuys points you can earn based on the spend amounts you enter.
Last Updated 2022-07-05

The Coles No Annual Fee Mastercard is a great if you're looking to earn additional Flybuys Points while avoiding annual fees.

The card earns 1 Flybuys Point per $2 on eligible spend and offers a handful of useful benefits such as complimentary purchase insurance and up to 55 days interest free on purchases when you pay your full balance every month.

Overall, the card is a solid option, but if you frequently shop at Coles and want to maximize your rewards, you'll want to consider the Coles Rewards Mastercard.

Card Details At-A-Glance

Issued By
Annual Fee
Foreign Transaction Fee

Coles No Fee Mastercard earning rates

1X/$2 All Purchases

The Coles No Annual Fee Mastercard earns 1 Flybuys point for every $2 on eligible purchases everywhere Mastercard is accepted.

Coles No Fee Mastercard benefits

The Coles Rewards Mastercard features the following card benefits:

  • Tap & Pay with Apple Pay and Samsung Pay
  • Protected By The Coles Shield
  • Complimentary Purchase Insurance
  • Access to 24/7 Local Concierge
  • Up To 55 Interest Free Days
  • Mastercard & Flybuys Card All-In-One

Coles No Fee Mastercard points value

Redemption option Redemption value in cents
Transferring points to partners 1 - 1.5
Redeeming points at checkout 0.5
Redeeming points towards Flybuys Travel 0.5

Flybuys Points are worth 0.5 cents each when redeemed at checkout and when used towards travel through Flybuys Travel. Points can also be transferred to Virgin Australia Velocity which can give your points values of up to 1.5 cents or more.

Coles No Fee Mastercard points transfer

Flybuys Points earned with the Coles Rewards Mastercard can be transferred to Virgin Australia Velocity. This redemption option offers the most value as you'll be able to earn as much as 1.5 cents or more per point when redeeming for flights.


Flybuys points calculator

Input your monthly and yearly spend amounts to calculate how many Flybuys points you can earn with the Coles No Fee Mastercard. Compare the results side by side up to two credit cards to find out which cards are best for you.

Any spend entered into the primary card column (the first column) will carry over to all credit card calculators on the site, so there's no need to re-enter spend when viewing other credit cards.

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