How to apply for your Kogan Money Credit Card

The Kogan Money Credit Card offers a range of benefits, including points rewards, no annual fee, and Visa worldwide acceptance. This guide provides a detailed breakdown of the card’s features, eligibility requirements, fees, and application process.

APPLY NOW

Benefits of Kogan Money Credit Card

Whether you’re a frequent Kogan shopper or simply looking for a feature-rich credit card with no annual fee, the Kogan Money Credit Card offers a range of valuable benefits designed to reward your everyday spending and enhance your shopping experience.

Benefit 1: Earn Kogan Rewards Points

Earn 2 Kogan Rewards Points per $1 spent on eligible purchases at Kogan.com and 1 Point per $1 spent on eligible everyday transactions elsewhere. These points can be redeemed directly on Kogan.com through features like Shop with Points or Pay with Points, helping frequent shoppers reduce costs on electronics, appliances, internet, mobile services, and more.

Benefit 2: $0 Annual fee

The Kogan Money Credit Card charges no annual fee, making it an excellent choice for cost-conscious consumers who want to enjoy premium features and rewards without ongoing maintenance costs.

Benefit 3: $300 Kogan.com credit welcome offer

New cardholders can receive $300 in Kogan.com credit when they spend $3,000 or more on eligible purchases within 90 days of card approval — a significant upfront value, ideal for new users planning larger purchases.

Benefit 4: 0% interest on balance transfers for 6 months

Enjoy 0% p.a. interest on balance transfers for the first 6 months, with no balance transfer fee. After the promotional period, the standard cash advance rate applies. This is a helpful feature for those looking to consolidate debt interest-free in the short term.

Benefit 5: Secure digital payments

The card supports Apple Pay, Google Pay, and Visa payWave, allowing for fast, contactless, and secure transactions both online and in-store.

Benefit 6: Visa global acceptance

Issued on the Visa network, the Kogan Money Credit Card is accepted worldwide, making it suitable for both domestic use and international travel.

Benefit 7: Exclusive Kogan offers and membership perks

Cardholders enjoy access to exclusive Kogan.com discounts, free shipping offers, express shipping upgrades, and special promotions. Additionally, customers receive $100 off their first Kogan Energy bill when subscribing to Kogan FIRST, maximizing value across Kogan’s ecosystem.

Who is this card for?

The Kogan Money Credit Card is ideal for:

• Frequent Kogan shoppers.
• Budget-conscious consumers.
• Individuals looking for a no-annual-fee rewards card.
• People who prefer digital payments and online shopping.

Positives and negatives of Kogan Money Credit Card

Like any financial product, the Kogan Money Credit Card comes with both advantages and limitations. Here’s a balanced overview of its key positives and potential drawbacks to help you decide if it’s the right fit for your spending habits and lifestyle.

Positives

• No annual fee – Enjoy all the benefits of a rewards card without yearly charges.
• Rewards program – Earn points on purchases and redeem them for discounts on Kogan.com.
• Digital wallet compatibility – Secure, contactless payments via Apple Pay, Google Pay, and Samsung Pay.
• Visa worldwide acceptance – Use the card anywhere Visa is accepted.

Negatives

• Limited rewards usability – Points can only be redeemed on Kogan.com, restricting flexibility.
• No travel perks – Unlike premium credit cards, it lacks travel insurance and lounge access.
• Foreign transaction fees – Charges apply to international transactions.
• High interest rate – If balances are not paid in full, the interest charges can be significant.

APPLY NOW

Fees and tariffs the Kogan Money Credit Card

Despite being a credit card with no annual fee, there are other costs to consider. Below, we also highlight the card’s financial limits and key details:

Fees

• Annual fee: $0. Enjoy all the benefits of the card without paying any annual maintenance fee.
• Retail purchase interest rate: 21.99% p.a. This is the standard interest rate applied to purchases if the full balance is not paid by the due date.
• Cash advance interest rate: 22.74% p.a. Applies to cash withdrawals and balance transfers after the promotional period ends.
• Domestic cash advance fee: $5 or 3.5% of the transaction amount (whichever is higher). Charged on the date the cash advance is made for transactions within Australia.
• International cash advance fee: $5 per transaction. Applies to cash advances made outside Australia, charged on the date of the transaction.
• Foreign transaction fee: 3.4%. Applies to any purchase or cash advance: Made in a foreign currency (converted to $); or processed outside Australia, even if charged in Australian dollars. Includes a 1% Visa service and assessment fee.
• Late payment fee: $30. Charged after the payment due date if your account has an overdue amount and the balance is $50 or more.

Other financial details

• Interest-free days on purchases: Up to 44 days. Available when the full statement balance is paid by the due date each month.
• Minimum credit limit: $6,000. The lowest credit limit available upon approval.
• Maximum credit limit: $30,000. May vary depending on individual financial assessment.
• Minimum required income: $35,000 per year. Applicants must meet this income threshold to qualify.

Step-by-step guide to applying for the Kogan Money credit card

Applying for the Kogan Money credit card is a straightforward process, but it’s important to follow each step carefully to ensure a smooth experience. Below is a detailed breakdown of the application process:

Step 1: Visit the Kogan Money credit card website

Start by visiting the official Kogan Money credit card website. There, you’ll find comprehensive information about the card’s features, fees, and eligibility criteria. Make sure to carefully review the terms and conditions before proceeding.

Step 2: Check eligibility requirements

Before applying, confirm that you meet the following eligibility criteria:

• Age: You must be at least 18 years old.
• Residency: You must be an Australian citizen or permanent resident.
• Income: Your annual income must meet the minimum requirement of $35,000.
• Credit history: A good to excellent credit score is typically required.
• Other requirements: You should not have a history of bankruptcy or defaults on previous credit accounts.

If you meet these conditions, you can proceed with the application. If you’re unsure, you may use Kogan Money’s eligibility checker (if available) to assess your likelihood of approval.

Step 3: Fill out the online application

Once you’ve confirmed your eligibility, click the “Apply now” button on the website. The online application form will ask for the following information:

• Personal details: Full name, date of birth, email address, mobile number, and residential address.
• Employment and income information: Employer’s name, job title, length of employment, and annual income.
• Financial details: Existing debts, monthly expenses, and other financial obligations.
• Identification documents: A valid form of ID such as a driver’s licence or passport to verify your identity.

Make sure all the information you provide is accurate and up to date. Incomplete or incorrect details may delay the approval process.

Step 4: Submit the application

After completing the form, review all information carefully before submitting. Once submitted, Kogan Money will:

• Verify your identity and financial details.
• Conduct a credit check to assess your repayment capacity.
• Review your income and expenses to determine affordability.

The approval process typically takes a few business days. If additional documents are needed, submit them promptly to avoid delays.

Step 5: Receive your card

If your application is approved, Kogan Money will:

• Send a confirmation email with your credit limit and card terms
• Mail your physical credit card to your registered address (delivery times may vary)
• Provide instructions to activate your card, usually through your online account or via phone

Once activated, you can begin using your Kogan Money credit card for purchases and enjoy any rewards or promotional offers associated with the card.

By following these steps carefully, you can ensure a smooth and successful application experience with the Kogan Money credit card.

Customer support & contact details

• Phone support: 1300 415 445 (within Australia)
• Website: Kogan Money Credit Card

APPLY NOW

Final thoughts on Kogan Money Credit Card

The Kogan Money Credit Card is a fantastic option for frequent Kogan shoppers looking to maximize their savings. With no annual fee, an interest-free period, and Kogan Rewards Points, it offers solid benefits for online shoppers. However, individuals who prioritize travel perks, flexible rewards, and low-interest rates may want to explore other options.

If you frequently shop on Kogan.com and want a cost-effective rewards card, the Kogan Money Credit Card is an excellent choice. However, if you require more diverse rewards and travel benefits, consider alternative credit cards that align with your spending habits.