Latitude Financial
Take advantage of a 0% p.a. balance transfer for 24 months and a low 13.99% p.a. purchase rate with a $69 annual card fee. Perfect for saving on interest.
The Latitude Low Rate Mastercard stands out with a generous 0% p.a. balance transfer offer for 24 months, making it a compelling choice if you’re aiming to pay off debt with zero interest. New customers benefit from a low annual fee of $69, and purchases attract a competitive 13.99% p.a. rate. Take note: the balance transfer incurs a one-off 3% fee, and you must be approved by 31 March 2026.
How to Apply: A Step-by-Step Guide
- Check eligibility as a new customer.
- Gather your financial details and identification.
- Complete the online application for Latitude Low Rate Mastercard.
- Await approval and receive your card.
- Activate your balance transfer after approval.
Key Pros of the Latitude Low Rate Mastercard
One major advantage is the exceptionally long 24-month interest-free balance transfer. This is ideal for reducing interest costs on existing debts and managing repayments.
The card also rewards customers with 3% back in Latitude Rewards for recurring bill payments with selected utilities and streaming services, increasing long-term value.
Potenziali contro da considerare
The balance transfer fee of 3% may offset initial savings for those transferring large balances. Watch out for the reversion to the high cash advance rate of 29.99% after the promotional period.
Additionally, you cannot transfer balances from existing Latitude cards, and approval is strictly for new customers only. Be mindful of eligibility criteria before applying.
Il nostro verdetto
If your goal is to slash debt quickly and minimise interest, the Latitude Low Rate Mastercard is a strong option with its extended 0% balance transfer window. The ongoing low annual and purchase fees enhance its appeal. However, make sure you plan to pay off your transferred balance before standard rates kick in, or the card’s advantage may quickly erode. For strategic debt reducers, this card gets our recommendation.
