Latitude Gem Visa credit card
Get access to long-term 0% payment plans at stores across Australia, plus 0% interest for 6 months on purchases over $250.
The Latitude Gem Visa gives you access to interest-free payment plans at a range of participating stores, with 0% interest periods typically ranging from 3 to 24 months, depending on the offer.
24.99% p.a.
Balance transfer rate
0% p.a.
Purchase rate
for the first 6 months (reverts to 24.99% p.a.)
$99 p.a.
Annual fee
55 days
Interest free period
Details
Product Name | Latitude Gem Visa |
---|---|
Balance transfer rate | 24.99% p.a. |
Purchase rate (p.a.) | 0% for 6 months, reverts to 24.99% p.a. |
Annual fee | $99 p.a. |
Interest Free Period | 55 days |
Cash advance rate (p.a.) | 24.99% p.a. |
Min credit limit | $1,000 |
Card Type | Visa |
Foreign Currency Conversion Fee (Visa/Mastercard) | 3% of transaction value |
Complimentary Travel Insurance | No |
Minimum Age | 18 years of age |
---|---|
Available to Temporary Residents | No |
Joint Application | No |
Pros
- An introductory rate of 0% for 6 months on purchases over $250.
- For purchases under $250, you have up to 55 days interest-free to pay back the amount owing provided you have been paying your card off in full by the statement due date.
- If you choose to shop within the thousands of Gem partner stores, you may be eligible for an extended interest-free period of up to one or two years.
Cons
- The 24.99% p.a. purchase rate is high.
- You can't earn rewards on the purchases you make with this card.
Annual fee | $99 p.a. |
---|---|
Minimum Monthly Repayment | 3% of the closing balance or $25, whichever is greater |
Late Payment Fee | $30 |
Foreign Currency Conversion Fee (Visa/Mastercard) | 3% of transaction value |
Cash Advance Fee | 3% or $3, whichever is greater |
Overseas Cash Advance Fee | 3% |
Expert review
Review by
Amy Bradney-George
amy.bradney-george@finder.comAmy is an editor and writer at finder.com.au with more than 10 years experience covering credit cards, personal finance and various lifestyle topics. When she’s not sharing her knowledge on money matters, Amy spends her time as an actress.