|
Credit Cards Home 
Common Questions
Common Fees and Charges
Common Fees and Charges
On this page:
Fees and Charges
Coles Group Source™ MasterCard® is committed to educating customers about fees and charges. An important part of this is letting you know some of the options available to help reduce or avoid fees altogether.
 Top of Page
Tips for avoiding fees
- Keep track of your available balance using the Online Service Centre or by phone on 1300 306 397.
- If your circumstances change, so can your credit limit. If you would like to review your current limit, please call us on 1300 306 397.
- Pay special attention when using payment methods such as BPAY and cheque, which can take between 3-5 business days to process.
- Always make sure your minimum monthly payment is made by the due date. This is a simple way of avoiding a late fee.
- Over-limit fees can be avoided by ensuring you spend within your credit limit. Ensure you have sufficient funds in your account so all direct debits and other scheduled payments can be made. Keep track of your account balance by using the Online Service Centre or by phone on 1300 306 397.
- Making a payment at Australia Post incurs a handling fee of $1.50. To avoid this, consider making your payments via another payment option such as in-store at Kmart and Target, Direct Debit, BPAY or cheque. For more information on payment options visit the Online Service Centre.
- Only request a reprint of your statement if necessary as a fee may be charged. If you'
ve lost your statement, you can check your balance, payments and transaction through the Online Service Centre.
Top of Page
Below is a summary of your fees and charges. For a more detailed explanation, please refer to your Contract Documents.
| Overview - Coles Group Source™ MasterCard®
|
Annual Percentage Rate
The interest you pay on purchases.
|
20.24% p.a
|
Cash Annual Percentage Rate
|
21.99% p.a
|
Interest Free Days
The number of days no interest will be charged for the Coles Source MasterCard purchases you make using your credit card.
|
Up to 62 days
|
Cash Advance fee
The cost of withdrawing cash from your Coles Source MasterCard.
|
Greater of 3% or $1.95
|
Australia Post payments
The cost incurred from making a payment at Australia Post.
|
$1.50
|
Late Fee
This is charged if you do not pay any amount that is due and payable (e.g. your minimum monthly payment) by the due date.
|
$25
|
Over-limit Fee
This is incurred when a purchase takes your balance over your credit limit.
|
$5
|
International ATM Fee
This is charged on each occasion you withdraw cash from an automatic teller machine outside Australia.
|
$4 in addition to the cash advance fee
|
International (OTC) Fee
This is charged on each occasion you withdraw cash outside Australia via an over of the counter transaction.
|
$5 in addition to the cash advance fee
|
International Transaction Fee
This is charged when you obtain funds or make a purchase outside of Australia or in a foreign currency.
|
1.5% on all purchases and cash
|
Special Promotion Fee
This applies if you make a purchase that is subject to a special offer, such as interest free promotions, so check when making your purchase if this fee will be charged.
|
$25
|
Cross-Border Assessment Fee
(Set by MasterCard International Incorporated)
Charged each time you withdraw cash or make a purchase outside of Australia. |
An additional 0.8% of the transaction amount |
Currency Conversion Assessment Fee
(Set by MasterCard International Incorporated)
Charged
each time you withdraw cash or make a purchase outside of Australia. |
An additional 0.2% of the transaction amount |
| 
Direct Debit Request form