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Latitude Go Mastercard – Rates and Fees

Take advantage of long-term, 0% interest payment plans for major purchases and get up to 62 days interest-free on your everyday spending with the Latitude GO Mastercard.

The Latitude GO Mastercard offers you a choice of three 0% interest payment plans when you buy big-ticket items with partnered retailers. It also offers reward points per $1 spent, as well as interest-free days on regular purchases when you pay your balance in full each statement period.

Product NameLatitude 'Go' Mastercard
Rewards ProgramGO Rewards Program
Purchase rate (p.a.)22.74% p.a.
Annual fee$25 p.a. annual fee for the first year ($0 p.a. thereafter)
Interest Free Period
The interest-free period on purchases is the period or number of days you do not have to pay interest on your card purchases. You will be charged interest either from the day you make a purchase or from the statement date, unless you pay the closing balance in full by the due date (or within the interest-free period) on your statement.
Up to 62 days on purchases
Cash advance rate (p.a.)29.49% p.a.
Min credit limit
This is the lowest credit card limit that you can request. It is possible to apply for a higher credit card limit but not a lower one than this figure.
$600
Max credit limit
This credit limit may not be issued to you immediately on application. This is the maximum credit limit for this card which must be applied for or offered to you after you are approved and have already opened the account.
$25,000
Card TypeMastercard
Foreign Currency Conversion Fee (MC)
Foreign currency conversion fees are charged when you make a transaction that is converted by a credit card network, such as MasterCard, Visa or American Express, from Australian dollars to a foreign currency. You’ll also incur a currency conversion fee if you make a purchase or obtain a cash advance in Australian dollars while overseas or shopping online with a foreign merchant or financial institution.
3% of transaction value
Complimentary Travel InsuranceNo
Minimum Age18 years of age
Available To Temporary ResidentsNo
Joint ApplicationYes
Annual fee$25 p.a. annual fee for the first year ($0 p.a. thereafter)
Minimum Monthly Repayment3% or $25 whichever is greater
Late Payment Fee$20
Cash Advance Fee$3 or 3% of the transaction (whichever is greater)
Overseas Cash Advance Fee$4.00 in addition to cash advance fee
Foreign Currency Conversion Fee
Foreign currency conversion fees are charged when you make a transaction that is converted by a credit card network, such as MasterCard, Visa or American Express, from Australian dollars to a foreign currency. You'll also incur a currency conversion fee if you make a purchase or obtain a cash advance in Australian dollars while overseas or shopping online with a foreign merchant or financial institution.
3%
of transaction value
Gambling Transactions AllowedNo
Additional Cardholder Fee$0
Rewards ProgramGO Rewards Program
Rewards Points per $ spent (VISA/MC)1
Rewards Points per $ (VISA/MC) Cap100,000

Latitude GO Mastercard review

If you want a new TV, bed, fridge or even some expensive jewellery, you could be able to pay it off interest-free with one of the Latitude GO Mastercard's 0% payment plan options. These plans range in length depending on the type of 0% interest offer and the retail partner but, as an example, you could get a "Buy Now, Pay Later" plan starting from three months or an "Interest Free" plan that starts from six months. There are also "Instalment Interest Free" plans that are offered at select times and through specific retailers.

As well as interest-free options for your big-ticket purchases, the GO Mastercard offers up to 62 days interest-free on everyday purchases, as long as you pay your purchase balance in full by the due date on each statement. It also has its own rewards program, earning 1 GO Reward Point per $1 spent, which you can redeem for a range of options available through your GO Mastercard account.

In terms of costs, the GO Mastercard has a one-off establishment fee of $25 and a monthly fee of $4.95 if balance >$10. It also has a standard variable purchase rate of 22.74% p.a.

Benefits of the Latitude GO Mastercard

Here are the highlights of the GO Mastercard, including details of the three 0% payment plan options:

  • Interest-free payment plans. This plan requires you to make a minimum repayment each month but also gives you the option of making additional repayments whenever you want. The plans start from 6 months and, as long as you pay off your balance before the period ends, you won’t pay any interest.
  • Buy now, pay later. This option has plans that are available for shorter periods, starting at three months. You don’t make regular repayments, but instead make one lump sum payment to pay off your purchase. Again, you can avoid paying interest by paying off your balance within the promotional interest-free period.
  • Instalment interest-free. Plans for this option vary, but what doesn’t vary is your monthly repayments. You’ll know how much you need to pay each month, and if you ensure your balance is paid off within the promotional period, you won’t have any interest charges to worry about.
  • GO Rewards. When you use your GO Mastercard to make everyday purchases, you will earn 1 GO Reward Point for every $1 spent. You can redeem your points for a range of gifts and services via the GO Mastercard Online Service Centre.
  • Price Protection. If you make an eligible purchase with your GO Mastercard and the price drops within six months, you can be reimbursed the difference. Note that terms and conditions apply for all the complimentary insurance covers offered in the GO Mastercard. Refer to the product disclosure statement and insurance details on the Latitude GO Mastercard website for full details.
  • Merchandise Protection. This insurance helps protect eligible purchases you make with your card. If the item is lost, stolen or damaged within six months of purchase, the repair and replacement costs will be covered.
  • Stolen Card Protection. If your card is stolen, you’ll receive $200 in your account for the inconvenience.
  • Repayment Cover. Can’t return to work due to sickness or injury? This insurance covers 10% of your monthly closing balance (up to $1,000) for up to 3 years or until you return to work.
  • Life and Critical Illness Cover. If you become critically ill, disabled or pass away, up to $20,000 of your credit card balance will be paid for.

Features of the Latitude GO Mastercard

Weigh up the rates and fees for the GO Mastercard to decide if it's right for you:

  • Interest rate on purchases. When you make purchases on your card, excluding those that are under a 0% interest plan, you’ll be charged a rate of 22.74% p.a.
  • Cash advance rate. When you use your card to withdraw cash from an ATM, you’ll be charged a rate of 29.49% p.a.
  • Expired promotional purchase rate. If you don't pay off the balance of your 0% interest plan before it ends, any remaining balance will be charged interest at a rate of 29.49% p.a. variable.
  • Account-servicing fee. If you carry a balance of more than $10, you will be charged a monthly account-servicing fee of $4.95. This could add up to $59.40 per year.
  • Establishment fee. When you open you credit card account you’ll be charged a one-off fee of $25.
  • Interest-free days. When you pay your balance in full, not including balances part of the 0% payment plans, you can enjoy up to 62 days interest free.
  • Card security. This card comes with an embedded microchip that offers greater protection against fraud when compared to cards that rely on magnetic strips. Falcon monitoring keeps an eye out for suspicious transactions, and Mastercard SecureCode provides additional security in the online marketplace.
  • Mastercard PayPass. Thanks to this technology, you can use this card to make contactless payments of less than $100.
  • Eligible for Samsung Pay. Enjoy the convenience of making contactless payments when you shop just by tapping your qualifying Samsung device on a contactless terminal.

How to apply for the Latitude GO Mastercard

You can apply for the Latitude GO Mastercard online in a few minutes and should get a response within 60 seconds of submitting your completed application. Before you get started, make sure you meet the eligibility requirements and have all the essential documents and details on hand.

Eligibility criteria

  • Are you aged 18 or older? You must be at least 18 years of age to apply.
  • What is your Australian residency status? This card is available for Australian citizens and permanent residents.
  • How is your credit score? Ideally, you should not have a bad credit score.

Required documents

  • Personal information. This includes your full name, address and phone number, as well as a valid form of ID such as your Australian driver’s license or passport.
  • Employment details. This includes your current job and salary, along with your employer’s name and contact details. You may also be asked to provide recent payslips as proof of income.
  • Financial details. You'll need to provide information on any other forms of income you get, investments such as savings or shares, as well as details of any existing debts. You also need to estimate your regular expenses, such as rent or mortgage payments, electricity bills and grocery shopping.

Frequently asked questions about the GO Mastercard

If you want to know more about the GO Mastercard, here you'll find answers to some of the most common questions. You can also get in touch with us using the form below if there's something else you'd like to know.

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32 Responses

  1. Default Gravatar
    VirginiaOctober 8, 2016

    How do I make payments
    Have had my card for about two weeks and want to commence payments
    Have not received ant information on how to pay payments

    Thanks

    • Staff
      MayOctober 11, 2016Staff

      Hi Virginia,

      Thank you for your inquiry.

      Latitude Financial Services offers two fee-free repayment options for your convenience – Direct Debit and Pay My Account via the Online Service Centre – whatever suits you best.

      You can also utilise BPAY to make a payment to your account. The BPAY biller code is 443887, and you can use your card number as the reference number. However, please note that payments can take 3-5 business days to clear, and a payment handling fee applies that is $2.50 (in person) and $0.95 (online).

      Hope this is helpful.

      Cheers,
      May

  2. Default Gravatar
    CBMarch 12, 2016

    I have just been sent a go MasterCard platinum to replace my green go MasterCard? It isn’t due to expire and I’ve not requested a new card … Any idea why I’ve been sent this and us there any benefit to changing over? Seems very strange to me!

    • Staff
      YsaMarch 13, 2016Staff

      Hi CB,

      Thanks for your question.

      Please note that you have come through finder.com.au, an online comparison service and is not directly affiliated with Latitude Financial Services.

      As such, we are unable to confirm this information since Latitude Financial Services has not yet listed the GO MasterCard Platinum on their official website. Anyhow, these are the only Latitude Financial Services credit cards we are currently featuring on our sites.

      You might need to get in touch with Latitude Financial Services for direct assistance regarding this matter.

      Cheers,
      Ysa

  3. Default Gravatar
    NessaFebruary 26, 2016

    Hi i received a free upgrade to a GO platinum mastercard. I am curious as to what my limit can go up to? Also is there a link to a page like this one but for the platinum cards??

    • Staff
      SallyFebruary 26, 2016Staff

      Hi Nessa,

      Thanks for your question.

      Just to confirm, are you referring to the 28 Degrees Platinum MasterCard? If so, you can see the review page here. Latitude Financial Services doesn’t offer a standard maximum credit limit, instead this will be based on your credit history and ability to repay. You’ll need to contact Latitude Financial Services directly to confirm what your maximum credit limit is.

      I hope this has helped.

      Cheers,

      Sally

  4. Default Gravatar
    ManorikaFebruary 14, 2016

    Hi, i have 2000 credit limit and bought a 1700 worth goods .i pay it by installment.
    I want to buy furnitures that worth of 2500 dollars. Should I increase my credit limit?
    How i do it?

    • Staff
      JonathanFebruary 15, 2016Staff

      Hi Manorika, thanks for your inquiry!

      You can request to increase your credit limit by contacting Latitude Financial Services directly on 1300 882 289. Unfortunately we are unable to directly advise on your financial situation as we are a lender, so it would be best to seek professional advice on your best options.

      Cheers,

      Jonathan

  5. Default Gravatar
    RsFebruary 11, 2016

    What is the difference between platinum and normal mastercard?

    • Staff
      AllyFebruary 11, 2016Staff

      Hi Rs,

      Thanks for your inquiry.

      By ‘normal’, do you mean ‘classic’?

      If so, the difference between the two is that the Platinum card usually has more benefits and features such as a higher credit limit, an extended warranty, a concierge service and complimentary travel insurance. However, the annual fee and minimum income requirement is also usually higher, depending on which card you’re looking into.

      To serve as your guide, you may read through our ‘What is a Platinum Credit Card’ page here. You might also want to see the different Platinum credit card options which you can compare on this page.

      I hope this has helped.

      Cheers,
      Ally

  6. Default Gravatar
    SarahJanuary 13, 2016

    Can I get a go mastercard on a parenting payment from centerlink.
    Thanks

    • Staff
      SallyJanuary 13, 2016Staff

      Hi Sarah,

      Thanks for your question.

      The Latitude Go MasterCard doesn’t list a required minimum income, but you are required to provide details of your income when you apply.

      Whether you receive your income from government support payments or a full-time job, your application will be reviewed based on your ability to repay (including your income and financial history).

      You may like to contact Latitude Financial Services directly on 1300 462 273 to discuss your likelihood of acceptance before applying as rejected applications can have a negative impact on your credit file.

      I hope this has helped.

      Cheers,

      Sally

  7. Default Gravatar
    SallyJanuary 6, 2016

    Hi I just want to know if we can use the go MasterCard to book accommodation and car hire ? Also can we reduce the limit on our MasterCard that we have had for 3years

    • Staff
      SallyJanuary 7, 2016Staff

      Hello Sally,

      Thanks for your question. Yes, you should have no issue using your Latitude Go MasterCard to book accommodation and car rentals.

      You can request a credit limit decrease by contacting Latitude Financial Services’ customer service team on 1300 882 289. Make sure to have your account details handy before you make the call.

      I hope this has helped.

      Cheers,

      Sally

  8. Default Gravatar
    brittanyJanuary 6, 2016

    my partner and i are trying to re-consolidate, when my daughter was born we went though a rough patch. Can we still be eligible for a small credit card. We already tried the load and didn’t get excepted.

    • Staff
      SallyJanuary 6, 2016Staff

      Hi Brittany,

      Thanks for your question and we’re sorry to hear about your predicament.

      Unfortunately, as a financial comparison service and without knowing your financial history, it’s difficult to confirm whether you’ll be accepted for a credit card.

      However, a good place to start is to compare low interest credit cards. These generally have lower eligibility requirements, though you’ll still need to make sure you meet these before applying. Please note that multiple rejected applications will have a negative impact on your credit file, so you should confirm that you meet the eligibility requirements with the provider before applying. Also, avoid applying for several credit cards within a short period of time, as this will also have a negative impact on your credit file.

      Please see our guide on improving your credit file for further tips.

      You can also compare debt consolidation options for applicants with bad credit here.

      I hope this has helped.

      Cheers,

      Sally

  9. Default Gravatar
    NormNovember 4, 2015

    How is interest calculated and apportioned when there are multiple purchases with different 0% interest free periods (e.g. 36 months and 50 months)on the card at one time?

    • Staff
      JonathanNovember 5, 2015Staff

      Hi Norm, thanks for your inquiry!

      If you have specific purchase promotions the 0% interest-free periods will run concurrently at the same time and expire when the stated promotion period has ended.

      Cheers,

      Jonathan

  10. Default Gravatar
    HeatherAugust 27, 2015

    I need help with credit as need $5000 for car and have bad credit that has been discharged but still there on records is there a finance to help

    • Staff
      JonathanAugust 27, 2015Staff

      Hi Heather, thanks for your inquiry!

      Please refer to the following link for repairing your credit file.

      Cheers,

      Jonathan

Credit Cards Comparison

Rates last updated June 19th, 2018
Name Product Purchase rate (p.a.) Balance transfer rate (p.a.) Annual fee Product Description
Westpac Low Rate Card
13.49% p.a.
0% p.a. for 24 months with 1% balance transfer fee
$0 p.a. annual fee for the first year ($59 p.a. thereafter)
Offers a 0% for 24 month balance transfer option, first year annual fee waiver and a competitive purchase rate.
American Express Westpac Altitude Platinum Bundle - Qantas - Exclusive Offer
20.24% p.a.
$50 p.a. annual fee for the first year ($249 p.a. thereafter)
Up to 90,000 bonus Qantas Points when you meet the criteria with this dual Visa (issued & serviced by Westpac) & Amex (issued & serviced by Amex).
HSBC Platinum Credit Card
19.99% p.a.
0% p.a. for 22 months with 2% balance transfer fee
$0 p.a. annual fee for the first year ($129 p.a. thereafter)
Offers a 0% p.a. for 22 months balance transfer, $0 annual fee for the first year and an annual fee refund each year when you spend $6,000.
NAB Low Fee Card
19.74% p.a.
0% p.a. for 18 months with 2% balance transfer fee
$30 p.a.
Receive complimentary purchase protection insurance, a 18 month balance transfer offer and special offers from Visa Entertainment.
Citi Platinum Credit Card - 100k Bonus Points
20.99% p.a.
0% p.a. for 15 months with 1% balance transfer fee
$49 p.a. annual fee for the first year ($149 p.a. thereafter)
Earn 100,000 reward Points, enjoy a long-term balance transfer offer, a discounted first year annual fee and complimentary travel insurance.

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* The credit card offers compared on this page are chosen from a range of credit cards finder.com.au 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.

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