In this guide

  • Our verdict
  • Details
    • Product details
    • Eligibility
    • Rewards
    • Fees
  • How to apply
  • Card benefits
  • Rates and fees
  • Your reviews
  • Ask a question
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Kogan Money Credit Card
Terms and conditions apply
Balance transfer rate for 9 months with no balance transfer fee
0% p.a.
Purchase rate for the first 9 months (reverts to 21.99%)
0% p.a.
Reward point per $ spent
1
Annual fee
$0 p.a.

Our verdict

A no annual fee card offering a $250 Kogan.com Credit, 0% on purchases and balance transfers for 9 months, with no balance transfer fee.

The Kogan Money Credit Card is one of a handful of credit cards that offers both no annual fee and rewards. It earns up to 2 points per $1 spent that you can redeem for shopping at Kogan.com or for payments on your credit card account. Each point gives you a value of $0.01, which works out to $10 value for every 1,000 points.

Pros

  • $250 Kogan.com Credit
  • 0% p.a. for 9 months on purchases and balance transfers
  • No annual fee
  • Fixed payment option
  • Uncapped reward points
  • Complimentary Kogan First membership

Cons

  • High interest rates for purchases and balance transfers after the introductory period
  • No interest-free days if you have a balance transfer
  • 3.4% foreign currency fee

In this guide

  • Our verdict
  • Details
    • Product details
    • Eligibility
    • Rewards
    • Fees
  • How to apply
  • Card benefits
  • Rates and fees
  • Your reviews
  • Ask a question

The Kogan Money Credit Card is a no annual fee credit card that also offers rewards and shopping perks. Right now, you'll get a $250 Kogan.com Credit when you apply and spend at least $3,000 on eligible purchases in the first 3 months.

Details

Product details

Product Name Kogan Money Credit Card
Balance transfer rate p.a. 0% for 9 months, then 22.74%
Balance transfer limit 80% of available limit
Purchase rate p.a.
Purchase rate p.a.
0% for 9 months, then 21.99%
Interest-free period
Up to 55 days on purchases
Cash advance rate p.a. 22.74%
Min credit limit $6,000
Card type Visa

Eligibility

Available to temporary residents No
Minimum income $35,000

Rewards

Rewards program Kogan Rewards Program
Bonus points N/A
Rewards points per $ spent 1
Rewards points cap Uncapped

Fees

Annual fee
Annual fee
$0
Minimum monthly repayment 2% of the closing balance or $25, whichever is greater
Late payment fee $30
Foreign currency conversion fee
Foreign currency conversion fee
3.4%
Cash advance fee 3.5% or $5, whichever is greater
Overseas cash advance fee $5
Additional cardholder fee $0
Number of additional cardholders 4

How to apply

You can apply for the Kogan Money Credit Card online in around 15 minutes as long as you meet the eligibility requirements and have the following information.

Eligibility criteria

  • Income. You must earn at least $35,000 per year. You also need to have full-time or part-time employment or be self-employed.
  • Residency. This card is only available to citizens and permanent residents of Australia.

Card benefits

  • $250 Kogan.com Credit. You'll earn a $250 credit when you apply and spend $3,000 on eligible purchases in the first 3 months. This covers most everyday transactions but exclusions include balance transfers, cash advances, refunds and account fees.
  • Balance transfer. You can get existing debt under control and pay 0% p.a. interest on balance transfers for 9 months (with no balance transfer fee). At the end of the introductory period, any remaining charges will attract the cash advance rate, currently 22.74% p.a. No interest-free days apply for purchases when you have a balance transfer.

Rates and fees

  • $0 annual fee. The Kogan Money Credit Card does not charge an annual fee.
  • Purchase rate. Outside of any promotions, this card charges a 21.99% p.a. variable purchase interest rate, which is slightly higher than the average standard rate for credit cards in Australia (currently 20.16% according to RBA data).
  • Cash advances. If you use your card to make a cash advance, such as an ATM withdrawal, you'll be charged the cash advance rate of 22.74% p.a. and a cash advance fee of $5 or 3.5% of transaction value, whichever is higher.

Your reviews

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Ask a question

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Amy Finder

Editor

Hi there, looking for more information? Ask us a question.

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June

September 26, 2023

Hi Amy, I am just looking for a card for my husband as he is a secondary cardholder on mine and if anything happens to me, he won’t have a card. We are fully self-funded retirees and I have just been through a very unpleasant process with another card provider, is it worth applying for this Kogan one do you think?


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Amy Bradney-George Finder

September 27, 2023

Hi June,

Please be aware that Finder can only give general advice and factual information. In regards to this card, the eligibility requirements include having employment or being self-employed. But Finder does have a guide to credit cards for people who are retired or receive a pension, which may be of assistance. You could also consider discussing your options with your current credit card provider. I hope this helps.


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Ashwini

March 28, 2023

I am not able to apply for Kogan credit card. Doesn’t give me a option to apply.


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Amy Bradney-George Finder

March 30, 2023

Hi Ashwini,

This card isn’t currently available through Finder, but you can apply directly through the provider’s website. I hope that helps.


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