Latitude Financial Services
Enjoy 0% interest on purchases for 9 months and a competitive $69 annual fee. Ideal for new customers seeking flexibility and savings right away.
The Latitude Low Rate Mastercard offers an appealing introductory deal for those looking to manage their finances smartly. With 0% interest on purchases for the first 9 months and a straightforward $69 annual fee, this card stands out for its value. New customers approved by 12 January 2026 are eligible and a 6.99% balance transfer rate applies for 12 months (then 29.99%).
Balance transfers incur a 3% fee, so it’s important to factor this cost in if you wish to consolidate debt. After the initial period, standard rates apply. Conditions and new customer eligibility are in place.
Steps to Apply for the Latitude Low Rate Mastercard
- Confirm you are at least 18 years old and an Australian resident with a steady income.
- Prepare ID and income documentation like payslips or tax returns.
- Fill out the online application form with your personal and financial details.
- Review all terms, especially intro interest rates and fees, before submitting.
- Submit and await a response, which may include a request for more documents.
Key Pros of Latitude Low Rate Mastercard
First, the 0% introductory rate on purchases for 9 months can be an effective way to make large purchases and pay them off interest-free if you are approved within the promotional period.
Secondly, the $69 annual fee is highly competitive for cards offering interest-free periods, making it accessible for a broad range of customers.
Considerations and Cons
Once the intro period ends, the revert interest rate is significantly higher, meaning carrying a balance after 9 months could become expensive.
There is also a 3% fee for balance transfers, which adds upfront cost if you’re using this card to consolidate existing debt. These factors may outweigh benefits for some.
Verdict final
Overall, the Latitude Low Rate Mastercard is best suited to those who can pay off purchases within the intro period and manage fees. It’s a cost-effective choice if you’re a new customer and can take advantage of the promotional deal. Just be mindful of conditions and ongoing costs down the track.
