Exclusive Offer

Kogan Money Black Card – Exclusive Offer

Offers a nice $50 Kogan.com Credit and a long-term, no fee balance transfer, but watch out for the revert rate.

When you apply for the Kogan Money Black credit card through Finder by 30 September 2021, you’ll get 0% p.a. for 22 months on balance transfers with no balance transfer fee. This could be a great way to save money, but make sure you'll pay off your balance before the rate reverts to 21.74% p.a.

You'll also be eligible to earn $50 Kogan.com credit when you spend at least $1,000 on eligible purchases in the first 60 days from card approval. Note that interest-free days do not apply to purchases when you have a balance transfer, so pay them off straight away to avoid interest.

3.0 ★★★★★ (2 reviews) Write a review

Amy Bradney-George

Last Updated Feb 8, 2021

0% p.a.

Balance transfer rate

for 22 months

20.99% p.a.

Purchase rate

Reward point

Per $ spent

$0 p.a.

Annual fee

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Details

Product Name	Kogan Money Black Card - Exclusive Offer
Rewards program	Kogan Rewards Program
Balance transfer rate	0% p.a. for 22 months
Balance transfer revert rate	Cash Advance Rate (21.74% p.a.)
Balance transfer limit	80% of available limit
Purchase rate	20.99% p.a.
Annual fee	$0
Interest-free period	Up to 55 days on purchases
Cash advance rate	21.74% p.a.
Min credit limit	$6,000
Card type	Visa
Foreign currency conversion fee	3.4%

Minimum income	$35,000
Available to temporary residents	No

Pros

No annual fee
0% p.a. for the first 22 months on balance transfers, with no balance transfer fee
$50 Kogan.com Credit
Uncapped rewards points

Cons

Purchase interest rate of 20.99% p.a. is relatively high
Maximum earn rate only applies on Kogan.com purchases

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

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

Go to Kogan Money's site More info

Review by

Amy Bradney-George

[email protected]

Amy Bradney-George has been writing about personal finance for more than 13 years – including over 600 articles as a senior writer for Finder. Her work has also appeared in publications including Money Magazine, The Sydney Morning Herald, Financy, ABC News Australia and Equity Magazine. Amy has a Bachelor of Arts in Journalism and Drama from Griffith University.

Expert review

Available exclusively through Finder, this introductory offer on the Kogan Money Black Card gives you a way to pay off existing debt interest-free for 22 months, with no balance transfer fee. This is a competitively long-term for a balance transfer, but make sure you can pay it off before the 21.74% p.a. revert rate kicks in. You can also keep your ongoing credit card costs down with no annual fee for life.

If you’re more interested in spending right now, the $50 Kogan.com Credit that’s available through this offer could help you save on some online shopping.

The Kogan Money Black Card also earns up to 2 points per $1 spent and can be redeemed for shopping on Kogan.com, with 100 points equal to $1 in value. Just be aware that getting a balance transfer will mean any new purchases attract interest straight away, as no interest-free days are available when you’re carrying a balance.

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

Apply through Finder. To get of the 0% balance transfer offer and $50 Kogan.com Credit offer, you need to apply through Finder before 30 September 2021.
Income. You must earn at least $35,000 per year.

Residency. This card is only available to citizens and permanent residents of Australia.
New cardholder. To be eligible for the balance transfer and Kogan credit promotion, you must be a new Kogan Money Black Card applicant.
Eligible balance transfer debt. If you are transferring a balance, you can request to transfer from $500 up to 80% of your available credit limit from credit cards, store cards, personal loans and lines of credit issued in Australia.
Age. You must be at least 18 years old to apply.

Required documents

Personal details. Including your full name, contact details (including an Australian mobile number and valid email address), number of financial dependents.
Proof of identification. You'll be required to provide at least one form of ID including an Australian passport or driver's licence.
Income. Confirm your employment status and total annual salary.
Finances. This includes your expenses, liabilities and assets.
Balance transfer details. If you're transferring a balance to this card, you'll need to confirm how much you're requesting to transfer and provide details of the existing account(s) you're moving it from.

Go to Kogan Money's site More info

Card benefits

0% balance transfer. Apply through Finder by 30 September 2021 and you’ll get 0% p.a. interest on balance transfers for 22 months. You must request your balance transfer within 90 days of approval to take advantage of this offer. At the end of the introductory period, any remaining charges will attract the cash advance rate, currently 21.74% p.a.
$50 Kogan.com Credit. You'll earn $50 Kogan.com Credit when you apply by 30 September 2021 and spend $1,000 on eligible purchases in the first 60 days.

Earn rewards. Collect 2 rewards points per $1 spent at Kogan.com and 1 rewards point per $1 spent on all other eligible transactions elsewhere. At a rate of 1 cent per point, you can use your points to pay at the Kogan.com checkout or for payments to your Kogan Money Black Card.
Complimentary Kogan First membership. You'll save $99 with a complimentary Kogan First Membership. Perks include exclusive member deals, free delivery on thousands of eligible products, upgrades to express shipping and priority customer service.
Additional cardholders. You can request up to 4 additional cardholders at no extra cost.

Rates & fees

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

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 21.74% p.a. and a cash advance fee of $5 or 3.5% of transaction value, whichever is higher.
Interest-free days. When you pay your previous balance in full by the statement due date, you can take advantage of up to 55 interest-free days on purchases. You won't be eligible for interest-free days if you're paying off a balance transfer.
Foreign transaction fee. If you use your card to shop overseas or online with an international retailer, you'll be charged a foreign transaction fee of 3.4%.
Minimum credit limit. You can request a credit limit from $6,000.

Go to Kogan Money's site More info

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Kogan Money Black Card – Exclusive Offer