Coles reveals money-saving 'hack' – but for one week only

·News Reporter
·2-min read

Coles has today announced a promotion that’s set to leave more money in customers’ pockets. But it’s only available for one week.

The incentive, which the grocery giant called a “money saving hack” in a media release, will be running from today until Tuesday, or until stocks last.

During that period, Coles customers can pick up a $100 or $250 Coles Mastercard gift card, and receive 10 per cent off the cost, helping to offset the rising cost of living.

Coles store, Mastercard $100 and $250 gift cards overlaid. Source: Getty Images, Coles
The gift cards can be used at any retailer or outlet that accepts Mastercard. Source: Getty Images, Coles

A $250 Coles Mastercard gift card would usually cost $257 including the mandatory purchase fee; however during the promotion the card will only cost $231.30.

Similarly, a $100 Coles Mastercard gift card would normally cost $100 plus a $5 purchase fee, but will only cost $94.50 in total, during the promotion.

There’s a limit of five gift cards per customer, and those who purchase five $250 gift cards will save $93.50, Coles says.

Promotion part of 'best value' promise, Coles says

As consumers are struggling with inflation and produce shortages, Coles’ General Manager of Non-food said that the Coles Mastercard offer is set to provide money-saving opportunities for customers.

“We understand many Australians are feeling the pinch with rising cost of living pressures and we’re always looking at ways we can provide the very best value at Coles to help make a difference,” Jonathan Torr said.

“The 10 per cent off selected Coles Mastercards will provide some temporary relief on everyday expenses, as the gift cards can be used on anything from the weekly shop to paying the household bills – it can even be used to maximise savings at other retailers during end-of-financial-year sales.”

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