What is the Kogan Money credit card purchase rate?

The Kogan Money Credit Card charges 21.99% p.a. on purchases. While this is high, the card has no annual fee and earns Kogan Rewards points on eligible spending.

Does the Kogan Money card have a balance transfer offer?

Yes — 0% p.a. on balance transfers for 6 months with a 0% balance transfer fee. This is one of the lowest BT fees on any no annual fee card in Australia.

Is the Kogan Money card worth it?

It depends on how you use it. For people who pay in full each month and shop at Kogan, the rewards + no annual fee combination works well. For balance carriers, the 21.99% purchase rate is very high — consider a low-rate alternative like the Amex Low Rate (10.99%) or Heritage Bank Gold (11.80%).

Kogan Money Credit Card Review (2026)

Rates and details verified 13 June 2026

Rates can change without notice. Last verified: 13 June 2026 (AEST). Please confirm details on the bank’s official page.

Annual fee

no annual fee

Balance transfer

6m, 0% BT fee

Purchase rate

21.99%

p.a. (high — pay in full)

About the Kogan Money Credit Card

The Kogan Money Credit Card is issued by Citi and branded by Kogan.com. It stands out for having no annual fee, a Kogan Rewards program, and one of the longer 0% balance transfer periods (6 months) available on a no-fee card. The 0% balance transfer fee is also lower than the 3–5% charged by most competitors.

The key trade-off: the purchase rate is 21.99% p.a. — significantly higher than low-rate cards. This card is best suited to people who pay their balance in full each month and want to earn Kogan Rewards, or those specifically looking for a no-fee card with a balance transfer option.

Key Rates and Features

Feature	Detail
Purchase rate	21.99% p.a.
Annual fee	$0
Balance transfer rate	0% p.a. for 6 months
Balance transfer fee	0% (lowest no-fee BT fee)
Interest-free days	Up to 55 days
Rewards	Kogan Rewards (uncapped)

Rates as at 13 June 2026. Check Kogan Money's website for the latest.

Pros and Cons

Pros

✓ $0 annual fee
✓ 0% BT for 6 months — good for a no-fee card
✓ 0% BT fee — lowest of any no-fee BT card on this page
✓ Kogan Rewards on eligible spending

Cons

✗ 21.99% purchase rate — high; do not carry a balance
✗ Kogan Rewards value depends on Kogan shopping frequency
✗ BT revert rate is 22.74% — clear debt before 6m

How It Compares

→ Compare all no annual fee cards

Heritage Bank Gold Low Rate Credit Card
11.8% — $0 fee, 0% BT 12m, 0% BT fee — lower rate
Kogan Money Credit CardReviewed here
21.99% — $0 fee, 0% BT 6m, 0% BT fee — longer BT, rewards
ANZ Low Rate
13.74% — $58 fee, 0% BT 26m, 3% BT fee — longest BT

→ Compare all balance transfer cards

Related guides

FAQs

Is the Kogan Money card good for carrying a balance?

No — 21.99% p.a. is expensive. If you carry a balance regularly, consider the Amex Low Rate (10.99%), Heritage Bank Gold (11.80%), or Bankwest Breeze Classic (12.99%).

How long is the 0% balance transfer period?

6 months with a 0% balance transfer fee. After 6 months, the rate reverts to 22.74% p.a..

Who issues the Kogan Money credit card?

The Kogan Money Credit Card is issued by Citi (Citibank) and branded by Kogan.com.

View Kogan Money Credit Card →

Information verified 13 June 2026. Rates and fees subject to change. Confirm current terms on Kogan Money's website before applying. This is not financial advice.