The Kogan Money Credit Card offers no annual fee and perks when you’re shopping at Kogan.com. As a new cardholder, you can enjoy a 0% p.a. interest on purchases for the first 9 months and if you have a different credit card that you want to pay off, you can also save with a 0% p.a. interest on balance transfers for 9 months (with a one-time 1% balance transfer fee). But if you’re still paying off your balance transfer after the introductory period, a higher interest rate of 22.74% p.a. applies. If you need to combine several debts to a balance transfer and you frequently shop at Kogan, this card offers a useful combination of perks and benefits.
Kogan Money Credit Card – 0% Purchase and Balance Transfer Offer
- Balance transfer rate for 9 months with 1% 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
No longer offered
The Kogan Money Credit Card – 0% Purchase and Balance Transfer Offer is no longer available for new applications. We’ve kept this information online for existing customers and for those who are interested. You can also compare a range of current balance transfer credit cards on Finder.
Pros
-
0% p.a. on purchases for 9 months
-
0% p.a. on balance transfers for 9 months
-
Uncapped reward points
-
No annual fee
-
Complimentary Kogan First membership
Cons
-
Charges a one-time 1% balance transfer fee
-
Relatively high 21.99% p.a. interest rate for purchase after the introductory period
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High 22.74% p.a. interest rate for balance transfers after the introductory period
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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 9 months with 1% balance transfer fee, 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 |
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