Updated September 28, 2026 · SumCue Editorial Team
Discover vs Kogan.com
Discover
Higher score in this comparison
Kogan.com
Where Discover and Kogan.com differ
| Compare | DiscoverReviewSee alternativesSee alternatives | Kogan.comReviewSee alternativesSee alternatives |
|---|---|---|
| Annual fee | $0 | A$0 |
| APR | 18.49% to 28.49%Lower | 21.99% |
| Rewards type | Cashback | Points |
| Rewards rate | 1% cash back on all other purchases; 5% cash back in rotating categories, plus dollar-for-dollar match in first year | 2 Kogan points per $1 on Kogan.com purchases, 1 point per $1 elsewhere; 1,000 points = $10 |
| Balance transfer intro period | 15 months | 18 monthsHigher |
| Balance transfer fee | 3% | 2%Lower |
| Perks | $0 fraud liability on unauthorized purchases, Unlimited Cashback Match: dollar for dollar match of cash back earned in the first 365 days, Free CreditWise credit monitoring and FICO Score 8 access, Pre approval tool that does not impact your credit score, Card Lock in the mobile app, 99% nationwide acceptance (Nilson Report, Feb 2026), Virtual card available before the physical card arrives, if eligible | Complimentary Kogan First membership, 4 free additional cardholders, 6.99% p.a. for up to 24 months on Kogan.com purchases of $50 or more paid by instalments, Apple Pay and Google Pay compatible, Zero Liability and FRAUDSHIELD fraud protection |
| Currency conversion fee | Not confirmed | 3.4% |
Same on both: Credit needed (Good), Card kind (Credit).
We earn a commission when you sign up through links on this site. Partner status can affect where a brand appears in our rankings. Partners with a live offer in your country come first, then every other brand by score.
Key differences
- Discover scores higher overall: 9.5 vs 9.1.
- Founded is lower at Discover: 1985 vs 2006.
- Kogan.com is available in 2 more countries.
- APR is lower at Discover: 18.49% to 28.49% vs 21.99%.
- Balance transfer fee is lower at Kogan.com: 2% vs 3%.
- Balance transfer intro period is higher at Kogan.com: 18 months vs 15 months.
- Perks: only Discover offers $0 fraud liability on unauthorized purchases, Unlimited Cashback Match: dollar for dollar match of cash back earned in the first 365 days, Free CreditWise credit monitoring and FICO Score 8 access.
- Perks: only Kogan.com offers Complimentary Kogan First membership, 4 free additional cardholders, 6.99% p.a. for up to 24 months on Kogan.com purchases of $50 or more paid by instalments.
Our verdict on each
Discover
Discover suits US borrowers who want a personal loan and a cash back card from the same provider, though the rate quoted decides the cost. Loans run $2,500 to $40,000 over 36 to 84 with an origination fee of $0, the card carries an annual fee of $0, and pre-qualification uses a soft prequal check.
Kogan.com
Kogan.com suits Australian households who want personal insurance and a rewards card handled in one place, and holding the card costs nothing. The catch is the interest rate: the Kogan Money card charges an APR of 21.99%, against a site median of 15.5% across cards.
Score breakdown
| Area | Discover | Kogan.com |
|---|---|---|
| Offer | 9.4 | 9.6Higher |
| Trust | 9.6Higher | 8.8 |
Availability and regulation
| Country | Discover | Kogan.com |
|---|---|---|
| United States | Not confirmed |
Available in 1 country for both. Additional countries for Kogan.com: 2.
Positions in our rankings
| Ranking | Discover | Kogan.com |
|---|---|---|
| Credit and debit cards | 109 of 1594 | 410 of 1594 |
| Balance transfer cards | 3 of 32 | 14 of 32 |
Where these facts come from
Discover
- discover.com: 13 facts, checked September 26, 2026
- en.wikipedia.org: 2 facts, checked September 26, 2026
Kogan.com
- finder.com.au: 12 facts, checked September 26, 2026
- en.wikipedia.org: 2 facts, checked September 26, 2026
- abr.business.gov.au: 1 fact, checked September 26, 2026
Every fact side by side
| Fact | Discover | Kogan.com |
|---|---|---|
| Pricing model | No annual fee | No annual fee |
| Features | Rewards | Rewards |
| Legal entity | Capital One, N.A. | Kogan.com Ltd |
| Headquarters | United States | Australia |
| Founded | 1985Lower | 2006 |
| Support channels | Phone, Chat, Help centre | Not confirmed |
Loans
| Fact | Discover | Kogan.com |
|---|---|---|
| Loan amount | $2,500 to $40,000 | Not confirmed |
| Term | 36 to 84 months | Not confirmed |
| Arrangement fee | $0 | Not confirmed |
| Credit check | Soft prequal | Not confirmed |
| Funding time | Funds sent as early as the next business day after acceptance | Not confirmed |
| Representative example | $15,000 loan at 11.99% APR for a term of 72 months, you'll pay just $293 per month | Not confirmed |
| Rate type | Fixed | Not confirmed |
| Lender type | Direct lender | Not confirmed |
| Free early repayment | Yes | Not confirmed |
| Eligibility | At least 18 years old, valid U.S. SSN, minimum individual or household annual income of $25,000, physical address, active email address | Not confirmed |
| Origination fee (%) | 0% | Not confirmed |
| Loan types | Personal, Debt consolidation | Not confirmed |
| Use cases | Home improvement | Not confirmed |
Where each stands against the rest
| Fact | Discover | Kogan.com | Median |
|---|---|---|---|
| APR | 18.49% to 28.49%above the median | 21.99%highest quarter | 11.635 |
| Currency conversion fee | Not confirmed | 3.4%highest quarter | 1% |
| Balance transfer intro period | 15 monthsabove the median | 18 monthsabove the median | 12 months |
| Balance transfer fee | 3%at the median | 2%below the median | 3% |
Median across 486 listed providers.
Pros and cons
Discover
Pros
- Origination fee $0 on loans, plus free early repayment, so clearing a balance sooner costs nothing extra.
- The card charges an annual fee of $0 and pays cash back on all purchases.
- Bank deposits are insured by the Federal Deposit Insurance Corporation, with stated protection of FDIC up to USD 250,000.
Cons
- Card borrowing is costly: APR runs 18.49% to 28.49% against a site median savings rate of 3%.
- Each balance transfer costs 3%, and the promotional window is 15.
- Built for a single market: it lends as a direct lender from US, so readers elsewhere cannot apply.
Kogan.com
Pros
- The annual fee on the card is AUD 0 and the model is no annual fee.
- Cover spans auto, home and landlord, with Kogan.com acting as broker.
- Complimentary Kogan First membership, 4 free additional cardholders and 6.99% p.a. for up to 24 months on Kogan.com purchases of $50 or more paid by instalments adds complimentary Kogan First membership, free additional cardholders and a promotional instalment rate on Kogan.com purchases.
Cons
- The APR of 21.99% sits well above the site median of 15.5% across cards.
- Balance transfers cost 2% each, and the promotional window runs 18.
- Currency conversion on overseas spend is 3.4%, at the high end of the card range.
Who each suits
Discover
Who it suits
- US adults with a steady income who need a personal or debt consolidation loan they can clear early.
- People who want a cash back card with an annual fee of $0 and free credit monitoring.
- Card customers who move a balance during the 15 promotional period.
Who should look elsewhere
- UK and euro-area readers who want a local deposit scheme: bunq protects balances with EU DGS up to EUR 100,000.
- Anyone preferring a European deposit scheme to a US bank, such as Wise with EU DGS up to EUR 100,000.
- Borrowers who want a UK debit card account rather than a loan: Starling Personal Account Debit Card carries FSCS up to GBP 85,000.
Kogan.com
Who it suits
- Anyone who wants auto, home and landlord arranged through one place rather than separate providers.
- People already shopping Kogan, since the points are weighted towards Kogan.com purchases.
- Card holders who clear the balance each month, as the annual fee is AUD 0 but the rate is 21.99%.
Who should look elsewhere
- Linxea, if you want life cover arranged on its own rather than through a broker.
- Oney Préstamos ES, if health, life and gadget cover, per health, life and gadget, matter more to you than auto and home.
- Euroasia Insurance, if you need only auto, home, travel and gadget policies, per auto, home and travel.
Current offers
Discover
Current offer
Bonus
5% cash back with the Discover it Cash Back Credit Card: 5% cash back on up to $1,500 in purchases at gas stations, transportation and drug stores, now-Sept. 30
Must activate the offer; up to $1,500 in purchases per period
Source, checked September 26, 2026
Bonus
Special 11-month 360 CD rate
11-month CD at the highest available CD rate for consumer accounts; APY fixed on opening, early withdrawal penalty applies, effective as of 9/24/2026
Source, checked September 26, 2026
Country by country
| Country | Discover | Kogan.com |
|---|---|---|
| Australia | No | Yes |
| New Zealand | No | Yes |
| United States | Yes | Yes |
Questions about each
Discover
What does a Discover personal loan cost?+
Loans are priced on a fixed rate and come with an origination fee of $0. You can borrow $2,500 to $40,000 over 36 to 84, and the lender covers personal and debt consolidation borrowing. The representative example shows a level monthly payment on a mid-sized loan repaid over a longer term.
Who can apply for a Discover loan?+
Applicants must be adults with a valid US Social Security number, a physical address, an active email address and a minimum annual income. That income floor rules out students and part-time applicants. The lender also runs its own underwriting, so it is a direct lender rather than a broker.
Kogan.com
Does the Kogan Money card have an annual fee?+
Nothing to pay for the card itself. The annual fee is AUD 0 and no annual fee is the model, so there is no yearly charge for holding it. What you do pay for is interest on a carried balance, plus any fee attached to a balance transfer.
What interest rate do I pay on the Kogan Money card?+
The APR is 21.99%, which sits above the site median of 15.5% across cards. That rate applies to anything carried from statement to statement, so the card only pays off if you clear the balance each month. The balance transfer offer runs for 18 at a fee of 2%.
Other options to compare
Other matchups
Discover
Kogan.com