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Kogan Money Black Card - 0% for 30 Months on Balance Transfers (No BT Fee), $0 Annual Fee & $50 Kogan.com Credit

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Available until 30 November 2021, the Kogan Money Black Card offers 0% p.a. interest for 30 months on balance transfers with no balance transfer fee. With this card, you can transfer debt from credit cards, store cards, lines of credit and personal loans issued in Australia. It also offers an ongoing $0 annual fee and $50 Kogan.com Credit when you spend $1,000 in the first 60 days.

If you apply elsewhere, the balance transfer offer is 0% p.a. for 12 months, with no balance transfer fee. The credit offer is $400 Kogan.com Credit, where $100 is granted when you make your first eligible purchase and the remaining $300 requires you to spend $1,500 in the first 90 days.

Features of this card

  • 30-month balance transfer offer. Save on interest charges with 0% p.a. on balance transfers for up to 30 months with no balance transfer fee when you apply through Finder by 30 November 2021. Any unpaid balance at the end of the introductory period will revert to the cash advance interest rate of 21.74% p.a. Please also note that you do not get interest-free days on purchases while you have a balance transfer.
  • Bonus $50 Kogan.com Credit. Spend $1,000 on eligible purchases in the first 60 days and you’ll get $50 to spend at Kogan.com within the next 12 months (credit will be in your account within 10 weeks of meeting the spend requirement).
  • $0 annual fee. The Kogan Money Black Card does not charge an annual fee. Ever. It also offers up to 4 additional cardholders for free.
    Rewards. Earn 2 points / $1 at Kogan.com, 1 point / $1 on eligible purchases everywhere else. Redeem rewards for purchases on Kogan.com or for credit card payments. 100 points = $1 of credit.
  • Interest rates. Purchase interest rate of 20.99% p.a., cash advance rate of 21.74% p.a. Interest-free period of up to 55 days (if you do not have a balance transfer).
  • Complimentary Kogan First Membership. Get free shipping on thousands of products, priority customer service and exclusive specials (currently valued at $49 / year).

Eligibility. To apply for this balance transfer & credit offer, you need to:

  • Be 18 years of age or over, and
  • Earn more than $35,000 per year, and
  • Be a permanent Australian resident or citizen, and
  • Not already be a Kogan Money Credit Card customer, and
  • Have a good credit rating and be in permanent full-time or part-time employment, or be self-employed, and
  • Request the balance transfer within 90 days of account opening (you can transfer up to 80% of your available credit limit).

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closed Comments

  • +9

    surely the $400 credit offer elsewhere is better

    • The other offer is different, not necessarily better. Depends if people want to avail of the longer 0% interest period, etc.

      • +6

        Nah the other offer is much better, you should not have a credit card if you're paying interest. I rest my face.

        • hungey%

          if your paying interest on a credit card, yikes get your life under control

    • Finder eats the $400 here.

    • If you have a few grand of CC debt that you're paying usurious interest rates on, then the 0% BT is better.

  • +5

    Don't bother. I applied a while ago. My credit rating is at the top. Somehow they still managed to decline my application. When asked no reason given. If you don't want a dint on your credit report don't do it. They are the worst kind!

    • +2

      The same thing happened to me!

    • Nah its not just Kogan, its most credit card companies.

      Lattitude and ING denied me as well, again my financial position is excellent.

      Kogan actually accepted my application with 60k limit last night lol. All luck to be honest. My suggestion is to call up and not just follow emailing documents.

      And in terms of 'credit rating' i also just applied for another loan, nothing ever came up.

  • same here, but got ANZ approved for $800 back with limit of $34K.

    https://www.ozbargain.com.au/node/614545

  • Great card with the $500 bonus offer when it comes up, not this.

    • I think the last time/only time that happened was at launch, right about when covid-19 came about… Coincidence?

      • I think it has happened the last two years in the run up to Black Friday.

  • +4

    Kogan is a rubbish company who constantly provide false or misleading advertisement for products.

    Please don't support them but more importantly, a hard credit enquiry is not in the slightest bit worth $50

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