Big changes in Coles Mastercard gift cards

Coles offered a solution to the cost of living by giving customers a 10 percent discount on some Coles Mastercard gift cards.

This comes at a crucial time for consumers facing high prices for basic goods and amenities such as petrol and fresh produce.

From Wednesday alone for one week, Coles is offering a 10 percent discount on the total transaction price for gift cards of $ 100 and $ 250, though there is an additional purchase fee.

A $ 250 Coles Mastercard gift card with a $ 7 purchase commission will cost $ 231.30, which means savings of $ 18.70.

Customers will receive an additional $ 5.50 if they purchase a Coles Mastercard gift card for $ 100, with a $ 5 purchase commission for $ 94.50.

There is a limit of five gift cards per customer, which means buyers will save $ 93.50 if they purchase five gift cards for $ 250.

Most consumers (58 percent) now use gift cards in their weekly grocery stores, followed by utilities and services.

Coles Non-food general manager Jonathan Thor said the proposal is to help Australians tackle the current cost of living crisis.

“We understand that many Australians are experiencing difficulties due to rising cost of living and we are always looking for ways we can provide the best value for Coles to help change the situation,” he said.

“A 10 percent discount on selected Coles Mastercards will give some temporary relief from everyday expenses, as gift cards can be used for anything from a weekly store to paying home bills – they can even be used to maximize savings from other end-of-sales sellers. financial year ”.

This offer is only available until next Tuesday, while stocks remain in Coles supermarkets.