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Latitude Financial Services Credit Cards

Latitude Low Rate Mastercard

Amy Bradney-George
Amy Bradney-George
Last updated:  

Save with a low 11.99% interest rate for purchases and a competitive annual fee.

The Latitude Low Rate Mastercard has a competitive purchase rate and an annual fee of $69. Plus, if you pay your balance in full by the statement due date, you can take advantage of up to 55 interest-free days on purchases.

11.99% p.a.

Balance transfer rate

11.99% p.a.

Purchase rate

$69 p.a.

Annual fee

55 days

Interest free period

Find out more Go to Latitude Financial Services's site

Details

Product NameLatitude Low Rate Mastercard
Balance Transfer Rate11.99% p.a.
Purchase Rate11.99% p.a.
Annual Fee$69
Interest Free Period55 days
Cash Advance Rate20.99% p.a.
Card TypeMastercard
Foreign Currency Conversion Fee (Visa/Mastercard)3% of transaction value
Complimentary Travel InsuranceNo
Minimum Age18 years of age
Available to Temporary ResidentsNo
Joint ApplicationNo

Pros

  • 11.99% p.a. on purchases and balance transfers
  • A low $69 annual fee
  • Up to 55 days interest-free on purchases

Cons

  • Does not feature a travel insurance or a rewards program
Annual Fee$69
Late Payment Fee$30
Foreign Currency Conversion Fee (Visa/Mastercard)3% of transaction value
Overseas Cash Advance Fee3% or $1.95, whichever is greater
Overseas ATM Withdrawal Fee$4
Additional Cardholder Fee$0
Go to Latitude Financial Services's siteMore info

Expert review

Amy Bradney-George

Review by

Amy 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.

Expert review

The combination of a competitive purchase rate and annual fee on the Latitude Low Rate Mastercard could help you keep credit card costs down. When compared to other low rate cards, the 11.99% p.a. interest rate for purchases is at the lower end of the scale and could help you save on interest charges if you want to pay off purchases over time. The $69 annual fee is also competitive with other cards in this category.

How to apply

You can apply for the Latitude Low Rate Mastercard online in a few minutes and should get a response within 60 seconds of submitting your completed application. Before you do that, make sure you meet the following eligibility requirements and have all the documents and details needed to apply.

Eligibility criteria

  • Residency. You must be an Australian citizen or permanent resident. If you are a temporary resident and want to apply, you must have a valid visa with at least 12 months remaining from the date you submit your credit card application.
  • Age. You must be at least 18 years old to apply.
Go to Latitude Financial Services' siteMore info

Card benefits

  • Purchase interest rate. This card has a competitive 11.99% p.a. standard purchase interest rate.
  • Price protection. When you use your card to make an eligible purchase and the price drops within 30 days, Latitude will refund the difference.

Rates & fees

  • Annual fee. This card charges an annual fee of $69 p.a.
  • Cash advance interest rate. If you use this card to make a cash advance (such as an ATM withdrawal), you'll be charged 20.99% p.a. interest.
Go to Latitude Financial Services' siteMore info

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2 Comments

  1. Default Gravatar
    Tom
    March 5, 2019

    is there any loan/credit card I can apply for given I’m a full time student on scholarship and my other form of employment is recently commenced self employed contracting?

    Reply
    • AvatarStaff
      Nikki
      March 6, 2019

      Hi Tom,

      Thanks for reaching out to Finder. On this page, you’ll find a list of providers that accept applications without income. Just go to the part of the page that says “What discounts and eligibility criteria apply to student personal loans?” and review the eligibility of each provider carefully. Before lodging an application, read up on the terms and conditions and product disclosure statement and contact the bank should you need any clarifications about the policy.

      Hope this was helpful. Don’t hesitate to message us back if you have more questions.

      Best,
      Nikki

      Reply
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