Phenanthroline‐pyridyl bases containing a triarylamine (Tara) 1–4 and their respective Co2+ ([Co(L)2](ClO4)2, L = 1–4) and Co3+ complexes ([Co(L)2](ClO4)3–n(BF4)n, L = 2, 3) were prepared. The structure of [Co(3)2](ClO4)2 in the solid state was determined by single‐crystal X‐ray diffractometry. The oxidation processes of [Co(L)2](ClO4)2 (L = 1–4) were investigated by cyclic voltammetry. The first oxidation step in [Co(L)2](ClO4)2 (L = 1–3) is chemically reversible and cobalt‐centered. This process is followed by the irreversible oxidation of the Tara units at higher potentials. In case of [Co(4)2](ClO4)2 the first oxidation is Tara‐centered and electrochemically reversible. The electronic coupling between the Co3+ ion and Tara in in‐situ prepared [Co(L)2]3+ (L = 2, 3) was investigated by UV/Vis/NIR spectroelectrochemistry. In spectra of in situ prepared [Co(L)2]3+ (L = 2, 3) ligand‐to‐metal charge transfer (LMCT) bands were found between 600–1250 nm, which were assigned to a charge transfer from the Tara to the Co3+ ion. Physical parameters (wavenumber ν̃max, extinction εmax, and full‐width at half‐maximum Δν1/2) of the charge transfer (CT) bands were obtained by deconvolution of the UV/Vis/NIR spectra. In addition analogous Co3+ complexes [Co(L)2]3+ (L = 2, 3) were isolated as the mixed BF4–/ClO4– salts. These compounds exhibit the same CT bands as observed in the in situ oxidation experiments.