Available exclusively through Finder, this introductory offer on the Kogan Money Credit Card gives you a way to shop interest-free for the first 14 months, with an introductory 0% interest rate for purchases. After that, the purchase rate goes to 20.99% p.a., which is higher than the current average standard credit card rate (19.94%, according to RBA data). So you’ll typically get more value from this offer if you can pay off what you spend before the 0% interest rate reverts. The Kogan Money Credit Card also has no annual fee for life and a rewards program that earns you up to 2 points per $1. You can redeem these points for shopping at Kogan.com, with 100 points equal to $1 value. If you’re already paying off a different credit card, this introductory offer also gives you a 0% interest rate on balance transfers for 14 months. But make sure you can pay off the balance transfer before the 21.74% p.a. balance transfer revert rate kicks in.
Kogan Money Credit Card – 0% Purchase and Balance Transfer Offer
- Balance transfer rate for 14 months with no balance transfer fee
- 0% p.a.
- Purchase rate for the first 14 months (reverts to 20.99%)
- 0% p.a.
- Reward point per $ spent
- 1
- Annual fee
- $0 p.a.
Our verdict
Offers 0% p.a. interest on purchases and balance transfers for 14 months with no balance transfer fee.
The Finder exclusive offer expired on 29 June 2023. You can compare the current range of Kogan Money credit card options here.
Pros
-
0% p.a. on purchases for 14 months
-
0% p.a. on balance transfers for 14 months
-
Uncapped reward points
-
No annual fee
-
Complimentary Kogan First membership
Cons
-
Charges a one-time 0% balance transfer fee
-
Relatively high 20.99% p.a. interest rate for purchase after the introductory period
-
High 21.74% p.a. interest rate for balance transfers after the introductory period
-
Outside of introductory offers, no interest-free days if you have a balance transfer
-
3.4% foreign currency fee
Details
Product details
| Product Name | Kogan Money Credit Card - 0% Purchase and Balance Transfer Offer - DISCONTINUED |
| Balance transfer rate p.a. | 0% for 14 months, then 21.74% |
| Balance transfer limit | 80% of available limit |
| Purchase rate p.a. | 0% for 14 months, then 20.99% |
| Interest-free period | Up to 55 days on purchases |
| Cash advance rate p.a. | 21.74% |
| 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 | $0 |
| Minimum monthly repayment | 2% of the closing balance or $30, whichever is greater |
| Late payment fee | $30 |
| 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 |
Your reviews
Amy Finder
Editor
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Elizabeth Barry Finder
July 10, 2023
Hi Pourya,
Thanks for your question.
Kogan does not provide the maximum credit limit for this card as it approves credit limits based on your serviceability of the repayments. The minimum credit limit for the Kogan Money card is $6,000.
Hope this helps,
Elizabeth
Stephanie
June 25, 2023
Hi there, I have a question regarding this credit card’s balance transfer. In Ts&Cs it states: “Whilst you have a Balance Transfer, you will not be eligible for any interest free days” Does this mean the 0% interest free does not apply to the total amount that I have with balance transfer?
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Amy Bradney-George Finder
June 28, 2023
Hi Stephanie,
You would still get the introductory 0% interest rate for balance transfers with this offer, as well as the introductory 0% purchase rate. At the end of the introductory period, any remaining balances will be charged interest. If you have a balance after the introductory period, you also won’t be able to get up to 55 days interest-free on purchases unless you pay the total amount listed on each statement by the due date. Finder’s guide to interest-free days explains how this feature works. If you have further questions about interest or these introductory offers, you can check with Kogan Money by using the chat service in the Kogan Money Credit Card Mobile App. I hope that helps.
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tony
June 23, 2023
Hi Want to do balance transfer – can you help?
Sarah Megginson Finder
June 26, 2023
Hi Tony,
If you’d like to apply for a 0% balance transfer card, you have a couple of options.
To apply for this Kogan card, click the green “go to site” button and you can fill in the forms and get your application underway.
If you’d like to review other options for different 0% interest cards to see a few different offers and options, visit:
https://www.finder.com.au/credit-cards/balance-transfer-credit-cards
Hope this helps!
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Pourya
June 28, 2023
Hi,
What is the maximum credit limit for this card?
Thanks