Latitude Eco Mastercard

The Latitude ECO Mastercard offered fixed interest rates and flexible repayments, and provided for the environment through carbon offsets.

Last updated:

Important information

The Latitude ECO Mastercard is no longer available for new applications. However, we’ve kept the information online for the benefit of existing customers and for those who are interested. You can compare the current range of Latitude Financial Services credit cards here.

While it no longer exists, the Latitude ECO Mastercard used to offer competitive rates and fees. The credit card also offered extra features like balance transfers and interest-free days, in addition of the normal benefits of a Mastercard. This card is not available anymore but there are a number of other credit cards still offered by Latitude.

The ECO Mastercard also offered a program that bought carbon offsets in the cardholder's name through the Origin's Carbon Reduction Scheme. This was the first credit card in Australia to offer this kind of benefit. The offsets helped fund things like renewable energy, water treatment, and reforestation.

Features of the Latitude Eco Mastercard

  • Competitive interest rates. The ECO Mastercard had an interest rate of 22.49% p.a. on purchases and a 22.49% p.a. interest rate on cash advances. Unlike other credit cards that have variable interest rates, this credit card offered a fixed interest rate so you would always know what your repayments would be each billing cycle.
  • Fees and charges. The ECO MasterCard had a competitive annual fee of $49 that covered all of the additional features that the card offered. There were no establishment fees or ongoing account-keeping fees associated with the ECO MasterCard, which saved you money in the long run.
  • Interest-free days. Latitude offered you up to 55 days of interest-free purchases.This allowed you to enjoy using your MasterCard without having to worry about paying interest on the items. In order to get these days, you had to pay off the remaining balance on your credit card. For the purchases to remain interest-free, you also had to pay off the balance before the designated period ends.
  • Balance transfer options. Latitude also allowed you to transfer the balance of another credit card to your ECO MasterCard. This was a way to save money if your other credit card had a higher interest rate than this card. You would also benefit from consolidating your credit card debt into one bill instead of multiple bills. This offered a way for you to pay down your debt faster.
Back to top
Was this content helpful to you? No  Yes

Related Posts

Ask an Expert

You are about to post a question on

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our Terms of Use, Disclaimer & Privacy Policy and Privacy & Cookies Policy.

4 Responses

  1. Default Gravatar
    DeloresSeptember 14, 2013

    Could you send me application in mail? I do not have a computer.

    • Avatarfinder Customer Care
      JacobSeptember 16, 2013Staff

      Hi Delores.

      We can’t do this for you. You may want to apply for a card in branch.


  2. Default Gravatar
    RubyApril 12, 2012

    How can i find out the balance owing on my card please

    • Avatarfinder Customer Care
      JeremyApril 27, 2012Staff


      The best way to view your account is to log onto the Latitude Financial Services website where you can manage your account online. Cheers.


Credit Cards Comparison

Rates last updated October 23rd, 2019
Name Product Purchase rate (p.a.) Balance transfer rate Annual fee Product Description
HSBC Platinum Credit Card - Balance Transfer Offer
19.99% p.a.
0% p.a. for 22 months
$129 p.a.
Enjoy a balance transfer offer, yearly annual fee refund, airport lounge passes and complimentary insurance covers.
Latitude Low Rate Mastercard
9.89% p.a.
$69 p.a.
Offers a competitively low interest rate and annual fee, plus up to 55 interest-free days on purchases.
Qantas Premier Platinum
19.99% p.a.
0% p.a. for 18 months
$199 p.a. annual fee for the first year ($299 p.a. thereafter)
Get up to 120,000 bonus Qantas Points (20,000/month) when you spend $1,500/month for the first 6 months. Ends 31 October 2019.
Virgin Australia Velocity Flyer Card - Balance Transfer Offer
20.74% p.a.
0% p.a. for 22 months with 1% balance transfer fee
$64 p.a. annual fee for the first year ($129 p.a. thereafter)
Save with a 0% p.a. interest rate on balance transfers for the first 22 months, with a 1% balance transfer fee. Plus, a reduced $64 first year annual fee.

Compare up to 4 providers

* The credit card offers compared on this page are chosen from a range of credit cards has access to track details from and is not representative of all the products available in the market. Products are displayed in no particular order or ranking. The use of terms 'Best' and 'Top' are not product ratings and are subject to our disclaimer. You should consider seeking independent financial advice and consider your own personal financial circumstances when comparing cards.

Ask a question
Go to site