Updated September 28, 2026 · SumCue Editorial Team
Kogan.com vs U.S. Bank
Kogan.com
U.S. Bank
Higher score in this comparison
What sets them apart
| Compare | Kogan.comReviewSee alternativesSee alternatives | U.S. BankReviewSee alternativesSee alternatives |
|---|---|---|
| Annual fee | A$0 | $0 |
| APR | 21.99% | 0%Lower |
| Rewards type | Points | Cashback |
| Rewards rate | 2 Kogan points per $1 on Kogan.com purchases, 1 point per $1 elsewhere; 1,000 points = $10 | Unlimited 2% cash back on every purchase, plus up to an additional 2% on the first $10,000 in eligible Net Purchases each billing cycle when paired with a U.S. Bank Smartly Savings account and qualifying checking balances (total 2.5% / 3% / 4% by qualifying balance) |
| Balance transfer intro period | 18 monthsHigher | 12 months |
| Balance transfer fee | 2%Lower | 5% |
| Perks | 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 | Cash back deals from brands via the U.S. Bank Mobile App or online banking, Flexible cash back redemption: direct deposit, statement credit, rewards card, merchant gift cards, U.S. Bank ExtendPay Plan with a $0 fee offer for new cardmembers on plans opened in the first 60 days, Contactless chip payment on all U.S. Bank credit cards |
| Currency conversion fee | 3.4% | Not confirmed |
| Cashback rate | Not confirmed | 2% |
Same on both: Credit needed (Good), Card kind (Credit).
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Key differences
- U.S. Bank scores higher overall: 9.4 vs 9.1.
- Founded is lower at U.S. Bank: 1863 vs 2006.
- Kogan.com is available in 2 more countries.
- APR is lower at U.S. Bank: 0% vs 21.99%.
- Balance transfer fee is lower at Kogan.com: 2% vs 5%.
- Balance transfer intro period is higher at Kogan.com: 18 months vs 12 months.
- 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.
- Perks: only U.S. Bank offers Cash back deals from brands via the U.S. Bank Mobile App or online banking, Flexible cash back redemption: direct deposit, statement credit, rewards card, merchant gift cards, U.S. Bank ExtendPay Plan with a $0 fee offer for new cardmembers on plans opened in the first 60 days.
- Features: only U.S. Bank offers Secured.
Our verdict on each
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.
U.S. Bank
U.S. Bank suits people who want a large US bank behind a rewards card that ranks 1 of 312 brands for annual fee. The same group also runs personal loans, savings and mortgages, so you can keep your money with one name across each product.
Score breakdown
| Area | Kogan.com | U.S. Bank |
|---|---|---|
| Cost | Not confirmed | 9.2Personal loans carry an origination fee of 0 USD (no origination fees) and the checking account a monthly fee of $0. |
| Offer | 9.6Higher | 8.9The card pays 2% cash back on every purchase, with more when paired with a Smartly Savings account. |
| Trust | 8.8 | 9.9Higher |
Pick Kogan.com if, pick U.S. Bank if
Pick Kogan.com if balance transfer intro period and balance transfer fee matter most.
Pick U.S. Bank if apr matter most.
Moving a 3,000 balance
Kogan.com
60
2% of 3,000
U.S. Bank
150
5% of 3,000
Kogan.com comes out 90 lower in this example.
Worked out from the stated prices and rates; your own total depends on how you use it. Facts checked September 26, 2026.
Where each is licensed and available
| Country | Kogan.com | U.S. Bank |
|---|---|---|
| United States | Not confirmed | FDIC FDIC cert 6548 |
Available in 1 country for both. Additional countries for Kogan.com: 2.
How they place
| Ranking | Kogan.com | U.S. Bank |
|---|---|---|
| Credit and debit cards | 410 of 1594 | 202 of 1594 |
| Balance transfer cards | 14 of 32 | 6 of 32 |
Every fact side by side
| Fact | Kogan.com | U.S. Bank |
|---|---|---|
| Pricing model | No annual fee | No annual fee |
| Features | Rewards | Rewards, SecuredCovers more |
| Audience | Not confirmed | Business, Student, Kids |
| Legal entity | Kogan.com Ltd | U.S. Bank National Association |
| Headquarters | Australia | United States |
| Founded | 2006 | 1863Lower |
| Support channels | Not confirmed | Phone, Help centre |
Loans
| Fact | Kogan.com | U.S. Bank |
|---|---|---|
| Loan amount | Not confirmed | $1,000 to $50,000 |
| Term | Not confirmed | 12 to 84 months |
| Arrangement fee | Not confirmed | 0 USD (no origination fees) |
| Credit check | Not confirmed | Hard |
| Funding time | Not confirmed | 1 to 4 business days after loan closing, same day if eligible |
| Representative example | Not confirmed | Loan payment example: Monthly payments for a $10,000 loan at 12.60% APR with a term of 36 months would be $335.02. |
| Rate type | Not confirmed | Variable |
| Lender type | Not confirmed | Direct lender |
| Free early repayment | Not confirmed | Yes |
| Eligibility | Not confirmed | Credit approval and program guidelines; needs SSN, US home address and employment information; not all programs available in all states |
| Origination fee (%) | Not confirmed | 0% |
| Loan types | Not confirmed | Personal, Debt consolidation, Credit line, Car |
| Use cases | Not confirmed | Home improvement |
Savings
| Fact | Kogan.com | U.S. Bank |
|---|---|---|
| Headline rate | Not confirmed | 3.5% |
| Minimum deposit | Not confirmed | $25 |
| Deposit protection | Not confirmed | FDIC up to USD 250,000 |
| Access terms | Not confirmed | Easy access to funds: withdraw or transfer at thousands of U.S. Bank branches and ATMs; open with $25, no fixed term |
| Monthly fee | Not confirmed | $0 |
| Account kind | Not confirmed | Easy access |
Debit cards
| Fact | Kogan.com | U.S. Bank |
|---|---|---|
| Card type | Not confirmed | Debit |
| Card network | Not confirmed | Visa |
Mortgages
| Fact | Kogan.com | U.S. Bank |
|---|---|---|
| Initial rate | Not confirmed | 6.625% |
| APRC | Not confirmed | 6.794% |
| Fixed period | Not confirmed | 30 years |
| Maximum loan to value | Not confirmed | 75% |
| Purpose | Not confirmed | Purchase, Remortgage, First time buyer, Home equity |
Where each stands against the rest
| Fact | Kogan.com | U.S. Bank | Median |
|---|---|---|---|
| APR | 21.99%highest quarter | 0%lowest quarter | 11.635% |
| Currency conversion fee | 3.4%highest quarter | Not confirmed | 1% |
| Balance transfer intro period | 18 monthsabove the median | 12 monthsat the median | 12 months |
| Balance transfer fee | 2%below the median | 5%highest quarter | 3% |
| Cashback rate | Not confirmed | 2%above the median | 1.5% |
Median across 486 listed providers.
Pros and cons
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.
U.S. Bank
Pros
- Rewards are cashback, with flexible redemption from direct deposit to statement credit and gift cards.
- Savings deposits carry FDIC up to USD 250,000 of cover from an FDIC insured bank.
- Personal loans allow free early repayment, with borrowing of $1,000 to $50,000 over terms of 12 to 84.
Cons
- Support runs on phone and help centre only.
- Savings pay 3.5% at a variable rate, so the return can fall as well as rise.
- Loans expect good credit and a hard credit check, so approval is not automatic.
Who each suits
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.
U.S. Bank
Who it suits
- People already banking with U.S. Bank who want cash back on everyday spend from a card that pairs with a savings account.
- Borrowers with good credit who want to clear a personal loan early at no cost.
- Savers who want easy access at branches and ATMs, a variable rate and insured deposits.
Who should look elsewhere
- Starling Personal Account Debit Card, if you want a UK account and a card at £0 rather than a US bank that also lends.
- bunq, if a euro plan at €0 suits your spending better than a US dollar bank.
- Wise, if you want a card with an annual fee of £0 and no lending, savings or mortgage side.
Current offers
U.S. Bank
Current offer
Bonus
U.S. Bank Cash+ Visa Signature Card one-time cash back bonus (increased from $150 to $200): $200
Approved for a new Cash+ Visa Signature Card and $1,000 or more in eligible Net Purchases within 90 days of account opening; not combinable with other bonus offers; subject to credit approval.
Source, checked September 26, 2026
Bonus
U.S. Bank Altitude Connect Visa Signature Card welcome bonus: 20,000 points
Approved for a new Altitude Connect Visa Signature Card and $1,000 or more in total eligible Net Purchases within 90 days of account opening; previous cardmembers who received a bonus for this product in the last five years are not eligible.
Source, checked September 26, 2026
Bonus
U.S. Bank Altitude Go Visa Signature Card welcome bonus: 20,000 points
Approved for a new Altitude Go Visa Signature Card and $1,000 or more in total eligible Net Purchases within 90 days of account opening; previous cardmembers who received a bonus for this product in the last five years are not eligible.
Source, checked September 26, 2026
Country by country
| Country | Kogan.com | U.S. Bank |
|---|---|---|
| Australia | Yes | No |
| New Zealand | Yes | No |
| United States | Yes | Yes |
Questions about each
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%.
U.S. Bank
What does the U.S. Bank Smartly credit card cost to hold?+
The Bank Smartly Visa Signature card charges an annual fee of $0, and it is sold as no annual fee. The purchase APR is listed as 0%, so check how long any promotional period runs before relying on it. Support runs on phone and help centre.
How much cash back do I earn, and how do I use it?+
Every purchase earns 2% in cash back, and pairing the card with a U.S. Bank Smartly Savings account and qualifying checking balances adds more on the first eligible purchases each cycle. Rewards are cashback, and redemption is flexible across direct deposit, statement credit, a rewards card and merchant gift cards.
Other options to compare
Other matchups
Kogan.com
U.S. Bank