The Coles credit card is a great way to to save money on petrol, just by using you credit card for everyday purchases at selected stores. This card is considered to be the best when it comes to rewarding customers and it also offers a 0% balance transfer for six months to make it even more rewarding. Read on for more information about this card and how much you could save.

Features

The most impressive feature of this card is the 0% balance transfer for 6 months, and that there is no annual fee ever. This in itself could save you a lot money. You also get a massive 62 days to pay back your debt without any interest being charged. This interest free period is the best in the industry and if you clear your debt on time, you wont have to pay a single cent in interest or fees with this card.

Savings

For those who have a large outstanding debt, transferring to this card can save you a lot of money. If you have a credit card debt of $5000 at an interest rate of 20%, you could easily pay around $500 in interest for six months. However if you transfer your debt to a Coles credit card, you do not have to pay any interest for the first six months. That’s a saving of $500, which could be better used to reduce your debt.

This card also has no annual fee, which can easily save you $60 or more every year compared to other cards. You also get to enjoy interest free terms of up to 48 months at selected stores.

The card also allows you to save a minimum of 8 cents per litre on petrol when you spend $30 or more in one transaction at selected Coles Group stores. To save 8 cents you will need one fuel discount voucher – which is sent with your monthly statement – and one fuel discount receipt, which you receive at the checkout.

Application Process

To apply for a Coles credit card, you need to be an Australian citizen or permanent resident aged 18 years or older.

The application process is very simple and can be done online. You will have to provide employment details, identification documents and landlords details for those renting. Once you complete your application, the card should arrive within ten days. You then need to activate it and it will be ready to use.

If you would like a card that has great credit terms and rewards you for what you spend, you must apply for a Coles credit card today.