Coles are offering their Rewards MasterCard with 40k bonus points with Zero annual fee for the first year where the cardholder spends $1500 in the first 60 days.
Something similar was posted a couple of weeks ago but that seemed targetted as some got offered 40k some 20k in bonus points and this one has a lower spend criteria.
Yes I know this is a far cry from the days when 90k was offered but for $0 fee this is a good card. The 40k points equate to $200 in Coles point of sale redemption ($10 per transaction) which is not bad, or a large variety of gift cards or FlyBuy redemptions.
This card is friendly in that the card has a low minimum credit limit (I think $3k), so its easier to get. Furthermore I have had it confirmed by the Call staff that current Coles credit card holders do not have to wait 12 months to be eligible for this deal, simply cancel and reapply for another one, and use the same FlyBuy account.
As usual please spend responsibly, always clear the balance at month end and please remember to cancel the card before the 1 year anniversary where the $99 annual fee kicks in.