In Review: Coles MasterCard
The Coles MasterCard is the latest offering by Coles and FlyBuys, replacing the Coles Group Source MasterCard. The offering is a lot more exciting, appearing to promise greater integration with FlyBuys over time. Overall the card is about par for the course when comparing to other entry-level rewards credit cards. The details:
Perks
There is an automatic redemption feature, similar to the automatic redemption offered by Woolworths Everyday Rewards except further integrated. Automatic redemption on the Coles MasterCard is truly that, automatic. If you choose to use automatic redemption and you’ve got the required minimum points (1,250) then you will receive $10 off your shopping at the point of sale. Nice!
Base-earn of 1 FlyBuys point for every $1 spent. This includes non-FlyBuys partners, and greatly increases the attractiveness of being a member of the FlyBuys program.
Core Bonus Points are available with the card when shopping at FlyBuys partners. Scan the barcode on the back of your Coles MasterCard to receive the base-earn of the credit card PLUS the regular FlyBuys points offered by FlyBuys partners.
Have you considered apply for the Coles MasterCard? Have your say below.
Costs
The regular costs of the card are par for the course with no annual fee for the first year and $49 per year after that, 19.99% interest rate, and 62 interest free days.
FlyBuys Integration
With automatic redemption and double-earning at FlyBuys partners the integration between the Coles MasterCard and FlyBuys is already pretty good. I’d suspect with the impending overhaul of the FlyBuys program this can only get better.
Cheers,
Graham
Tags: coles, FlyBuys, group, mastercard, source