Kogan Money Credit Cards
Online retailer Kogan.com has launched its first credit card called the Kogan Money Black Card. Kogan also offers home loans, superannuation funds, and a range of insurance products including car insurance, home and contents insurance, travel insurance and life insurance.
What types of credit cards does Kogan offer?
At the time of writing the Kogan Money Black Card is the only Kogan Money credit card available. The card, which is issued by Citi, offers the following features:
Kogan Money Black Card
- Card type: Visa Card
- Annual fee: There is no annual fee, at the time of writing
- Minimum credit limit: $6,000
- Interest-free period: Up to 55 days for retail purchases, there are no interest free days available on cash advances or balance transfers
- Minimum income required for eligibility: $35,000 p.a.
- Security: Kogan states that your Kogan Money Black Card is protected using ‘fraudshield’ technology, in addition to Visa Zero Liability security.
- Rewards points: According to Kogan, every Australian dollar spent on eligible everyday purchases, either on Kogan.com or elsewhere, earns one reward point. Every dollar spent at Kogan.com on Kogan exclusive brands earns two rewards points. Rewards points may be redeemed via selected purchases on Kogan.com only. If you’d like to know more about credit card rewards schemes and the value that they may offer Australian consumers, Canstar has looked at rewards versus fees across the market as part of its April 2019 Credit Card Star Ratings.
- Complimentary Kogan First Membership: A Kogan First membership, which is currently valued at $99 per year, is linked to the primary cardholder’s Kogan.com account. If you do not have an account, one will be set up for you when your credit card application is approved. According to the Kogan the membership provides free delivery on eligible Kogan.com purchases, free upgrades to express shipping, priority customer service and access to exclusive offers on Kogan.com products.
As a bonus launch offer, Kogan.com says it is offering $300 Kogan.com credit if you spend $3,000 on eligible purchases within 90 days of your credit card approval. To be eligible, you must apply for a Kogan credit card by the 30th of November 2019.