Purchase rate
20.99% p.a.
Balance transfer rate
0% p.a. for 12 months and then 21.74% p.a.
Annual fees
Interest free days on purchases

Mozo editorial review Kogan Money Black Card - last updated: 11 April 2022

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What's hot
  • $0 annual fee
  • 0% balance transfer rate for 12 months (no BT fee)
  • No cap on rewards points
What's not
  • 21.74% cash advance rate
  • 3.40% foreign exchange margin
Mozo snapshot

If you love being rewarded for shopping up a storm and want to dodge fees, then the Kogan Money Black Card is a worthy contender. This rewards credit card has no annual fee and no cap or expiry date on points - so it’s great for points hoarders waiting for the right moment to cash in their chips!

And if you’re trying to escape high interest while paying off credit card debt, you’ll be pleased to know that the Kogan Money Black Card also comes with a 0% balance transfer rate for the first 12 months. 

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Key features

Looking at credit card basics, the Kogan Money Black Card has a 20.99% purchase rate, 55 interest free days on purchases, and a 0% balance transfer rate for the first 12 months, although bear in mind this reverts to a high 21.74% cash advance rate after the balance transfer period.

With the Kogan Money Black Card, you can earn 1 rewards point per dollar spent on eligible purchases, and up to 2 points for every dollar spent on Kogan.com, as long as you’re buying Kogan Exclusive Brands.

What’s more, these rewards points are uncapped and never expire, so you can save up your points and redeem them any time for eligible purchases made on Kogan.com or for Kogan Money credit card payments.

The Kogan Money Black Card also comes with a complimentary Kogan First Membership (valued at $99 p.a.), which gives customers free shipping without a minimum purchase amount, or a free upgrade to express shipping for products that already have free shipping.

Plus, you could catch its special offer - $400 in Kogan.com Credit when you spend $1,500 on eligible purchases in 90 days from card approval.

As for those looking to share their card with family, you’ll be happy to hear that the Kogan Money Black Card lets you have four additional cardholders, free of charge.

Who is it good for

The Kogan Money Black Card is a good choice for rewards lovers who want the perks of a rewards card without having to worry about any annual fees. With a generous balance transfer introductory offer, it also suits those looking to rid themselves of credit card debt.

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Any catches

If you’re looking to take advantage of the card’s initial 0% balance transfer rate to pay down your credit card balance, be sure to do so within 12 months, as after that, it jumps to a high 21.74% p.a..

And if you’re using the card to shop overseas, there is a 3.40% foreign exchange margin on all international purchases.

Rewards program details

Rates and fees information correct as at 20 August 2022. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
What your points get you

Fly Sydney to London return


Fly Sydney to Melbourne one-way


$100 Giftcard

10,000 points

$100 Cash


Points earning

1 point per dollar on Visa, uncapped

Rewards scheme

Points can be redeemed for eligible purchases made on Kogan.com or for Kogan Money credit card payments.

Earn up to 2 points per $1 of eligible spend on Kogan exclusive brand purchases.

Special offers

Earn $400 Kogan.com Credit when you spend $1,500 on eligible purchases in 90 days from card approval.

Value of rewards points

Spend $10,000 (Visa)



How do we calculate these points?
How do we calculate the rewards?

To work out the "Rewards value minus fees" in our Rewards Revealer we:

  • calculate how many points you'd get each year,

  • figure out how many flights or gift cards or cashback credits you could get for those points,

  • work out what that's actually worth to you,

  • take off the annual fee you'd pay.

More details:

  • Our calculations are designed to help you compare the value of different rewards schemes. To do this, we've looked at earning a one-way Sydney-Melbourne flight excluding taxes and charges, a return Sydney-London flight excluding taxes and charges, a $100 shopping Gift Card and $100 cashback. Most cards will also offer other rewards, which may be worth more or less than the ones we've shown.

  • We have made no allowance for bonus points for using your card at specific merchants, introductory offers or special offers. We have not assigned any value to instant discounts, insurances, ticketing and concierge services or other such benefits.

  • Rewards value calculations do not take credit card interest into account. If you do not pay off your card each month you may be better off looking for a card based on interest rates than on the value of rewards.

  • In products that have more than one card, a different mix of spend between American Express / Visa / Mastercard will give different results. Mozo's Rewards Revealer lets you choose the mix based on the way you would use such a product, and gives you tailored results.

  • We assume flights purchased with airline points are 'classic' or 'reward' economy seats with restricted seat availability. 'Any seat' rewards will probably cost more.

  • To compare the value of flight rewards, we sample online retail flight prices once a quarter based on the average price on a Wednesday 3 months in advance but outside NSW school holidays. For domestic flights we take the lowest available fare from each flight on that day from Qantas Red e-deal, Virgin Australia Saver including baggage and Jetstar Starter including baggage. We calculate the average price excluding taxes and surcharges for each airline, and also the average across all airlines (which we use when rewards are travel agent vouchers). For international flights, we take the lowest available fares on that same Wednesday from each of Qantas, Emirates, Malaysian, Etihad, Singapore, Cathay Pacific and Thai, assuming a return flight 2 weeks later, calculate the average price before taxes and surcharges and use this as our assumed cost of a flight on any airline.

  • Shopping rewards are based on $100 gift cards from a major national department store.

  • We make every effort to ensure our calculations are correct and up to date but make no guarantees.


Rate and fee details


20.99% p.a.


0% p.a. for 12 months and then 21.74% p.a.


21.74% p.a.








3.50%, min $5.00










Other benefits

Complimentary Kogan First Membership currently valued at $99 per year.

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