A low fee credit card can help us manage our finances without raising expenses too much. Whether it is a store card or a card from one of the largest banks around, a low fee credit card can be extremely useful. 

Most credit cards come with different features and benefits, but low maintenance is a must for easy budget management. There are plenty of options nowadays

Keep reading to find out more about the best low fee credit cards in Australia. Let’s see how to sign up in a few minutes!

Coles Low Fee Credit Cards - Learn How to Sign Up

Fees and Interest

Coles Supermarket is one of the leading retailers in Australia. However, not many people know about their Mastercard, which comes with an $0 annual fee

In addition to this, the card has up to 55 interest-free days and a purchase interest rate of 19.99% afterward. 

If you prefer a Mastercard with a low-interest rate that allows you to finance a larger purchase, you can consider the Low Rate Mastercard. Although the card has an annual fee of $58, the purchase interest rate is only 12.99%, and up to 55 interest-free days. 

The balance transfers are 0% for the first year, while interest rates on cash advances amount to 19.99% per year. 

The third excellent option is the Coles Mastercard, which comes with a 0% rate per year on purchases for the first year, followed by 19.99%. 

There is no annual fee, and the card also benefits from up to 55 interest-free days. Similarly, balance transfers are 0% per year for up to 12 months. 

Furthermore, Coles cards have a 0% balance transfer rate for the first year, a late payment fee of $30, and an international cash advance fee of $5. 

All of their cards charge 2.5% as an international transaction fee, whether it is a cash advance or retail purchase. For paper statements, cardholders must pay $2 per statement. 

How to Apply

You can easily apply online on the Coles website, and it takes 1 minute to receive the answer. You need to complete each step of the application, filling in your personal and financial information, as detailed below. 

In order to apply for a low fee credit card, you must be at least 18 years old and a permanent resident in Australia. 

Coles requires a minimum income of $25,000 per year, a good credit rating, and active employment, regardless of whether you are self-employed, part-time, or a full-time employee. 

Coles also requires applicants to have an active Australian mobile phone number and also an email address. This will be used for electronic statements and all the on-going communications after you get your credit card. 

Also, if you already have an active Flybuys membership, you need to provide the number. Finally, the application requires you to provide proof of income; if the document is not readily available to you, you may also upload them at a later time.  

Features and Benefits

One of the best features of Coles Mastercard is the low cost of the card. In addition to this, you can also collect Flybuys points – 1 point for each $2 eligible spend. When you collect 2,000 points, these can be redeemed for $10 on your Coles supermarket shopping. 

There are other features of their excellent credit cards. For instance, they all come with a smart mobile phone app. This allows you to track your purchases, view, and activate all Flybuys offers for convenience

All of your data benefits from three layers of protection against theft and credit card fraud, so you can enjoy peace of mind. 

Bank Contact Details

If you have any questions or concerns, you can contact Coles representatives by dialing 011 61 2 8288 2890. 

Their friendly customer service team is ready to help you with your application. 

The company is headquartered at Coles Mastercard, GPO Box 40, Sydney NSW 2001.

Coles Low Fee Credit Cards - Learn How to Sign Up


As you can see, Coles’ low fee credit cards come with different features and low rates, so you can benefit from them regardless of your needs and plans. 

Whether you have existing debt, want to make a large purchase in the near future, or simply want a no annual fee credit card, Coles has plenty of options. 

Note: There are risks involved when applying for and using credit. Consult the bank’s terms and conditions page for more information.