Coles MasterCard is giving away 100,000 Flybuys points, yes you read that right! I think it is worth $500. The points are available on the condition of spending $3,000 in the first 90 days and has an annual fees of $99. Then another 20,000 Flybuys points in the 2nd year.
When you spend the $3,000 to get the points, you also earn an extra 2 Flybuys points per $1 spent, which is another 6,000 Flybuys points = $30.
Essentially, it's $530 up for grabs at the cost of $99 in the first 90 days net benefit of $430. Another $100 in the second year with another $99 fee. It's a great way to pay for a month's grocery!!
Issued by Citi.