Kogan Money is part of the Kogan.com network – an Australian online retailer that's been around for over 15 years. At the moment, it only offers one credit card: The Kogan Money Black. This is a rewards credit card that also offers shopping perks at Kogan.com. It is underwritten by Citigroup, and was first launched by Kogan Money in October 2019. So, let's take a look at what it offers and how you can apply.
Kogan Money Credit Card - Exclusive Offer
0% p.a. for 30 months on
$50 Kogan.com Credit
Offer ends 30 November 2021
Eligibility criteria, terms and conditions, fees and charges apply
Kogan Money Credit Card - Exclusive Offer
Earn $50 Kogan.com Credit and enjoy 0% p.a. on balance transfers for 30 months when you apply through Finder. Plus, save with an ongoing $0 annual fee.
- $50 Kogan.com Credit when you spend $1,000 in the first 60 days
- 0% p.a. for the first 30 months on balance transfers, with no balance transfer fee (reverts to 21.74% p.a.)
- Ongoing $0 annual fee | 20.99% p.a. purchase interest rate
- Earn 2 rewards points/$1 at Kogan.com and 1 point/$1 on all other eligible spend elsewhere.
The Kogan Money Black Card is the only credit card you can get through this brand at the moment. It offers rewards points per $1 spent that you can redeem for eligible purchases at Kogan.com – with 100 points giving you $1 worth of credit. It also offers complimentary Kogan First membership, which gives you access to free shipping deals and exclusive shopping offers.
The Kogan Money Black Card has an ongoing $0 annual fee, which sets it apart from most other rewards credit cards. But it has a relatively high interest rate for purchases, so it's suited to people who can pay off their balance in full each month to save on interest (by taking advantage of the card's interest-free days for purchases).
The Kogan Money Black credit card charges $0 annual fee for the life of the card. Most rewards credit cards charge an annual fee, so this is a perk for cardholders who want to reward their spending while cutting back on card costs.
Collect 2 rewards points per $1 spent when you shop at Kogan.com and 1 rewards point per $1 spent on all other eligible transactions. At a rate of 1 cent per point, cardholders can redeem points to pay for purchases at the Kogan.com checkout or to cover payments to their Kogan Money Black Card account.
Complimentary Kogan First membership
With this card, you'll save on the usual cost of Kogan First Membership – usually $49 for an annual membership. The membership benefits include exclusive member offers, free delivery on thousands of products, upgrades to express shipping and priority customer service.
If you have a credit card you're paying off, the Kogan Money Black Card gives you a way to transfer the balance over to your new account. Like other balance transfer credit cards, you may be able to get a low or 0% introductory interest rate on your balance transfer – you can check for introductory offers before you apply. Just remember that balance transfers won't earn points.
If you have Apple Pay set up on your iPhone or another device, you'll be able to add the Kogan Money Black Card to your mobile wallet and make payments straight from your devices.
You can apply for the Kogan Money Black Card online in around 15 minutes. You can get started now by seeing if you meet the eligibility requirements and have details you'll need for the application.
- Income. You must earn at $35,000 per year.
- Residency. This card is only available to permanent Australian residents.
- Age. You must be at least 18 years old to apply.
Information and documents you need to apply
- Personal details. This includes your full name, date of birth, residential address and mobile phone number. You may also need to provide supporting documents such as your Australian passport, Medicare card, current driver's licence (front and back) and/or a recent utility bill.
- Financial details. This covers your income and assets like savings or shares, as well as debts and regular household expenses.
- If you're a permanent employee (full-time or part-time). You may be asked to provide at least one of the following: your most recent payslip, a bank statement showing the past 3 months of regular income, your most recent tax return or PAYE payment summary, an employment contract or a letter from your employer confirming the details of your employment.
- If you're employed casually. You may be asked to provide at least one of the following: payslips for the last 2 months of work, your most recent tax return or PAYE summary, an employment contract signed by your employer in the past 60 days or a letter from your employer confirming the details of your employment.
- If you're a contractor. You may be asked to provide at least one of the following: all your payslips for the last 2 months, your most recent individual tax return, your most recent PAYE payment summary.
- If you're self-employed. You may be asked to provide at least one of the following: 2 most recent individual or company tax returns or 2 years of profit and loss statements for your business/company.
- If you're retired or on a pension. You may be asked to provide at least one of the following: a bank statement for the last 3 months showing regular Centrelink payments, an annual superannuation statement showing your pension amount or a letter from Centrelink showing your permanent government pension amount. If you have documentation for other forms of income (such as investments), you could also include them as supporting documentation.
Credit card details
When you apply, you may be asked about the following credit card features as part of the application.
- Credit limit. You can request a credit limit as part of the application, or have one assigned to you. If you want to request one, just keep in mind that the actual credit limit will be based on the details you provide, as well as the lending criteria and assessment process.
- Balance transfers. If you want to transfer a balance from an existing Australian credit card or loan, you'll need to include the total you want transferred and the account details (name, number, BSB or institution details). Similar to credit limits, your balance transfer request is subject to approval based on the details provided and the lending criteria.
What happens after you apply?
Kogan Money will send you an email with a reference number and details of anything else you need to provide. If you're approved, your Kogan Money Black Card will be sent in the mail.
If you have a question about the Kogan Money Black Card, you can also chat to a representative at any time through the Kogan Money Credit Card Mobile App, or by submitting an enquiry through the Kogan Money website.
Important links and details
Want to compare a wider range of credit cards? Check out the latest offers for rewards, balance transfers, low rates and more.