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Kogan Money Black Card

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Save with a annual fee and reward your spending with $300 Kogan.com Credit.

The Kogan Money Black credit card combines rewards, shopping perks and cost-saving features. Earn $300 Kogan.com Credit when you apply by 15 November 2020 and use your new card to spend $3,000 on eligible purchases for the first 90 days. You’ll also earn up to 2 rewards points per $1 spent when you shop at Kogan.com and 1 rewards point per $1 spent on all other eligible transactions.

0% p.a.

Balance transfer rate

for 12 months

20.99% p.a.

Purchase rate

1

Reward point

Per $ spent

$0 p.a.

Annual fee

We’re committed to our readers and editorial independence. We don’t compare all products in the market and may receive compensation when we refer you to our partners, but this does not influence our opinions or reviews. Learn more about Finder .

Details

Product NameKogan Money Black Card
Rewards programKogan Rewards Program
Balance transfer rate0% p.a. for 12 months
Balance transfer revert rateCash Advance Rate (21.74% p.a.)
Balance transfer limit80% of available limit
Purchase rate20.99% p.a.
Annual fee$0
Interest-free period55 days
Cash advance rate21.74% p.a.
Min credit limit$6,000
Card typeVisa
Foreign currency conversion fee3.4%
Minimum income$35,000
Available to temporary residentsNo

Pros

  • No annual fee
  • 0% p.a. for the first 12 months on balance transfers
  • $300 Kogan.com Credit
  • Uncapped rewards points

Cons

  • Purchase interest rate of 20.99% p.a. is high
  • Maximum earn rate is only on Kogan Exclusive brands
Rewards programKogan Rewards Program
Rewards points per $ spent1
Rewards points capUncapped
Annual fee$0
Minimum monthly repayment2% of the closing balance or $30, whichever is greater
Late payment fee$30
Foreign currency conversion fee3.4%
Cash advance fee3.5% or $5, whichever is greater
Overseas cash advance fee$5
Additional cardholder fee$0
Number of additional cardholders4

Expert review

Sally McMullen

Review by


Sally McMullen is a creative content producer at Finder, co-hosts our Pocket Money podcast and wrote about credit cards for almost five years. Her byline can be spotted on Yahoo Finance, Dynamic Business, Financy and Mamamia as well as Music Feeds and Rolling Stone. She has a Bachelor of Communication and Media Studies majoring in Journalism (Hons) from the University of Wollongong.

Expert review

The Kogan Money Black credit card is the first Kogan credit card to hit the market. Underwritten by Citi, this Visa card is designed to reward online shoppers and loyal Kogan.com customers. If you regularly shop at Kogan, you can take advantage of the higher rewards points earn rates that this card has to offer.

You can redeem your points for purchases at the Kogan.com website at a rate of 1 cent per point. So if you spend $500 on Kogan exclusive brands and earn 1,000 reward points, you could redeem that for $10 worth of purchases at Kogan.com.

How to apply

You can apply for the Kogan Money Black 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 $35,000 per year.
  • Residency. This card is only available to citizens and permanent residents of Australia.

Card benefits

  • $300 Kogan.com Credit. You'll earn $300 Kogan.com Credit when you apply by 15 November 2020 and spend $3,000 in the first 90 days.
  • Balance transfer. Apply by 15 November 2020 and you can get existing debt under control and pay 0% interest on balance transfers for 12 months. At the end of the introductory period, any remaining charges will attract the cash advance rate, currently 21.74% p.a.

Rates & fees

  • $0 annual fee. The Kogan Money Black card does not does charge an annual fee.
  • Purchase rate. This card charges a 20.99% p.a. variable purchase interest rate.

Compare $0 annual fee credit cards

Data indicated here is updated regularly
Name Product Annual fee Purchase rate Balance transfer rate
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Qantas American Express Discovery Card
$0
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NAB StraightUp Card
$0
N/A
Save with 0% interest charges and 0% foreign transaction fees. Plus, $0 monthly fees when you don't use the card or carry a balance.
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$0 annual fee for the first year ($99 p.a. thereafter)
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St.George No Annual Fee
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0% p.a. for 12 months with 1% balance transfer fee
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$0 annual fee for the first year ($55 p.a. thereafter)
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BankSA No Annual Fee
$0
20.74% p.a.
0% p.a. for 12 months with 1% balance transfer fee
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American Express Velocity Escape Card
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