- 0% p.a. on purchases for the first 9 months (new customers only)
- 13.99% p.a. ongoing purchase rate
- Up to 55 days interest-free when paying balance in full
- 3% back on eligible recurring bills
- Complimentary E-Commerce Purchase Protection Insurance
- Works with all major digital wallets
- Free additional cardholder
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Latitude Financial Credit Cards
Latitude Low Rate Mastercard – Purchase Offer
Updated 21 August 2025
Spend interest-free with the Latitude Low Rate Mastercard – Purchase Offer. New customers approved by 2 September 2025 get 0% p.a. on purchases for the first 9 months, then 13.99% p.a. ongoing.
For a $69 annual fee, you’ll also enjoy up to 55 days interest-free when you pay your balance in full each month. This is after the promotional 9 months.
Add value with 3% back in Latitude Rewards on eligible recurring bills, free E-Commerce Purchase Protection Insurance, and instant digital wallet access.
New customers only. Terms, conditions and eligibility criteria apply.
Purchase Rate (p.a)
0% p.a.
for 9 months. Reverts to 13.99% p.a.
Balance Transfer (p.a)
6.99% for 12 months
3% balance transfer fee applies.
Reverts to 29.99% p.a.
Annual Fee (p.a)
$69
Pros and cons
- $69 annual fee applies every year (no waiver)
- Intro offer ends after 9 months, then standard rate applies
- Rewards limited to recurring bill payments only
- No travel perks or extended insurance cover
- Cash advances attract high rates and fees (29.99% p.a.)
Creditcard.com.au review
Editor Review
Latitude Low Rate Mastercard – Purchase Offer
Pauline Hatch
Pauline is a personal finance expert at CreditCard.com.au, with 9 years in money, budgeting and property reporting under her belt. Ask Pauline a Question about this card.
Editor’s Overall Rating
The Latitude Low Rate Mastercard – Purchase Offer is made for anyone planning bigger expenses in the near future. With 0% interest on purchases for the first 9 months, then 13.99% p.a. ongoing, it’s a practical way to spread out costs without being hit by interest right away.
Editor’s Review: What I love about this card
This card’s superpower is its introductory 0% purchase rate. Whether it’s a laptop, a home appliance, or a few months of higher spending, the 9-month interest-free window gives you room to pay things off without pressure. Once that period ends, the rate reverts to 13.99% p.a., which is still competitive compared to many mainstream cards that hover around 20% or more. This makes the card flexible — a short-term money saver that’s still affordable long-term.
Like the No Annual Fee version, the Purchase Offer also gives you 3% back on eligible recurring bills, so regular payments like streaming subscriptions and utilities continue to add value. Free E-Commerce Purchase Protection helps online shoppers feel secure, while wallet compatibility and the option to add another cardholder at no cost make it easy to share or manage across a household.
What’s not so great
The trade-off here is the annual fee. At $69 each year, you’re paying for access to the 0% intro deal, and there’s no waiver or offset in the first year. Once the 9 months of interest-free spending end, the card is really about whether you value the competitive ongoing rate enough to justify the ongoing fee. Rewards are also narrow — only recurring bills count, so if you want a rewards card for everyday purchases, this isn’t it. And as with the No Fee card, there are no travel perks or comprehensive insurances included.
Other extras
Applications take just a few minutes, with most customers receiving a quick decision. You can start using your card instantly via digital wallets once approved. Overall, this card suits anyone looking to make purchases upfront and pay them off gradually, with a buffer of 9 months interest-free — provided you’re comfortable with the ongoing annual fee afterward.
User reviews
Rates and fees
Interest rates
Purchase rate 13.99% p.a.
Introductory purchase rate 0% p.a. for 9 months
Cash advance rate 29.99% p.a.
Interest free period on purchases up to 55 days
Balance transfer
Balance transfer rate 6.99% p.a. for 12 months
Balance transfer revert rate 29.99% p.a.
Balance transfer from personal loan N/A
Balance transfer fee 3% one off
Balance transfer limit 85% of approved credit limit
Brands you can't balance transfer from N/A
Credit limits
Minimum credit limit $1000
Maximum credit limit N/A
Fees & repayments
Annual fee $69 p.a.
Additional cardholder fee 0
Foreign transaction fee 3%
Minimum repayment 3% or $25, whichever is greater (Gem Visa & Go Mastercard); 2.5% or $30, whichever is greater if closing balance is $30 or more (28° Global)
Cash advance fee 3.5% or $4, whichever is greater
Late payment fee $45
Additional features
Complimentary insurance
International Travel Insurance No
Flight Inconvenience Insurance No
Transit Accident Insurance No
Smartphone Screen Insurance No
Purchase Protection Insurance Yes
Extended Warranty Insurance No
Rental Vehicle Excess In Australia Insurance No
Overview
Latitude Low Rate Mastercard – Purchase Offer
Key features
- 0% p.a. on purchases for the first 9 months (then 13.99% p.a.)
- $69 annual fee
- Up to 55 days interest-free when paying balance in full
- 3% back in Latitude Rewards on eligible recurring bills (utilities, telco, streaming)
- Complimentary E-Commerce Purchase Protection Insurance
- Instant digital wallet access (Apple Pay, Google Pay, Samsung Pay, Fitbit, Garmin)
- Free additional cardholder
Minimum criteria to apply for this card
-
Be over 18 years old
-
Good Credit and have not applied for multiple credit cards recently
-
Permanent Australian resident and supply a copy of your driver's licence, passport or proof of age card, details of income, assets and debts, and employer name and contact details
You have your personal details ready to complete the online application
Pauline is a personal finance expert at CreditCard.com.au, with 9 years in money, budgeting and property reporting under her belt. Pauline is passionate about seeing Aussies win by making their money – and their credit cards – work smarter, harder and bigger
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