EXPIRED 2021-06-22 23:59:59 AEST (UTC+10)
This week, Coles are running a promotion where they are giving a 10% discount on their $100 and $250 Mastercard gift cards. These cards can be used anywhere online or in-person that accepts Mastercard.
The promotion stipulates a limit of 5 per customer. The cards have a $5 and $7 activation fee and the 10% discount is applied on the total so the costs turn out as follows:
- $100 gift card costs $94.50 (6.5% off face value)
- $250 gift card costs $231.30 (7.48% off face value)
This means if you buy 5 $250 gift cards, you would have saved $93.50 off the face value.
The staff “should” try and stop you from paying using another gift card (although the checkout system won’t stop you) and cards cannot be bought with a split payment. You should purchase the gift cards with your best spending card (see here) and this offer is great for meeting new credit card minimum spends. See the page on Gift Cards for more information.
The ad in the Queensland catalogue is also included here for reference.