Coles Personal Loans

This information is current as at 30 March 2023.

1. Flybuys members currently collect 1 Flybuys point for every dollar spent at Coles when they scan their Flybuys barcode. Flybuys members who hold a Coles Personal Loan and have linked their loan to their Flybuys membership will collect +1 extra points on every dollar spent at Coles, whenever they scan their Flybuys barcode, for each Coles Personal Loan they hold, up to a maximum 1,000 extra points per loan per month. Flybuys extra points are collected from the date you activate your Coles Personal Loan Debit Mastercard and it is linked to your Flybuys membership. You do not need to spend on your Coles Personal Loan Debit Mastercard to qualify for extra points. No Flybuys extra points will be collected for the month in which your loan ends. Standard  Flybuys Terms and Conditions apply. Flybuys extra points are collected on transaction balance after savings and discounts and exclude gift cards, iTunes cards, tobacco and tobacco-related purchases. Coles means Coles Supermarkets and Coles Online only.

2.  Comparison rate is based on a 5 year unsecured variable rate loan of $30,000. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.

3. 2,000 Flybuys points are required to redeem $10 off at the checkout in-store each time. Excludes Coles Express and Coles Online. Minimum spend is $10 after savings and discounts in one transaction at Coles Supermarkets (excluding gift cards, iTunes cards, tobacco and tobacco related purchases).

4. Payment of the monthly instalment enables you to pay off your initial loan within your chosen loan term. You can choose to reuse credit up to your approved credit limit. Any use of the reusable credit facility will require additional monthly repayments on your loan. There will be no end date for your reusable credit facility. For the full terms and conditions of your instalment loan, please refer to the Coles Personal Loans Unsecured Credit Terms and Conditions and Other Important Information.

Coles unsecured credit products are issued by National Australia Bank Limited (ABN 12 004 044 937, AFSL and Australian Credit Licence 230686) (“NAB”) and distributed by Coles Supermarkets Australia Pty Ltd ABN 45 004 189 708. NAB has acquired the business relating to these products from Citigroup Pty Ltd (ABN 88 004 325 080, AFSL and Australian Credit Licence 238098) (“Citi”) and has appointed Citi to assist to administer the products. Coles receives commission for the introduction of credit business to NAB.