The Finance Algorithm
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Latitude Low Rate Mastercard

Latitude Low Rate Mastercard with a low purchase rate of 13.99% p.a., up to 55 days interest free on general purchases, and access to Latitude Rewards discounts and offers.

Credit cardsLender updated 12 Oct 2026
Apply at Latitude Credit Cards ↗Product page ↗Fees and pricing ↗Terms ↗

At a glance

Purchase rate
13.99%
Cash advance
29.99%
Interest-free days
55
Annual fee
$69
Foreign transaction fee
3.00%
Rewards
Latitude Rewards
Balance transfer
0.00% for 25 mo
Latitude Low Rate Mastercard

How it compares

This credit card in ink, against the best that every other institution publishes for anyone to apply for. Each figure is counted the same way for all of them.

This credit card: 13.99%Every other institution's lowest, 50 in all

Ongoing purchase rate, not introductory offers. One dot per institution, at its lowest credit card purchase rate anyone can apply for; hover or tap a dot for its name.

RateThis credit cardBest anywhereTypical institutionWhere it sits
Any credit cardOngoing purchase rate, not introductory offers13.99%7.49%Unity Bank's Low Rate Visa Credit Card12.95%of 51 institutions35th lowest of 51, level with 5 others
Rewards cardOngoing purchase rate on a card that earns points13.99%9.90%Westpac Lite Card19.99%of 25 institutions4th lowest of 25, level with 3 others
Interest-free daysDays without interest on purchases when the balance is paid in full55 days62 daysBeyond Bank Australia's Low Rate Credit Card55 daysof 42 institutions2nd longest of 42, level with 30 others

Rates

Every rate Latitude Credit Cards publishes for this credit card, 4 in all.

TypeApplies toTermBandRateComparisonConditions
Balance transferBefore 31/01/27 - 0% for 25 months on Balance Transfer. 3% Balance Transfer fee and eligibility criteria apply. After 31/01/27 - 0% for 12 months on Balance Transfer.-25 mo intro-0.00%-New customers only, must be approved by 31 January 2027. Balance Transfer must be submitted by 31 March 2027. T&Cs , annual card fee and other charge apply. Interest rate reverts to the cash advance…
Balance transferThe Cash Advance Rate applies unless a specific valance transfer rate is subsequently offered-26 mo intro-29.99%--
Cash advanceCash advance rate.---29.99%--
Purchase0% p.a. on purchases up to 55 days---13.99%--

Fees

10 fees published, grouped by when they're charged.

While you hold it2

  • Credit Card Fee

    Credit card fee charged annually.

    $69 a year
  • Paper Statement Fee

    $5.00 You can avoid this fee by opting to receive statements online. Simply login to the Latitude Service Centre.

    $5

When you make a transaction4

  • Cash Advance Fee

    3.5% of the cash advance or $4 (whichever is greater).

    3.50% of transaction
  • Payment Handling Fees

    $3.95 (in person at Australia Post), $1.95 (online using BPAY®). You can avoid this fee by making your payments via mail, direct debit or via the Latitude Service Centre.

    $0 to $3.95
  • International Transaction Fee

    3.00% of the Australian dollar value of the international transaction.

    3.00% of transaction
  • International ATM Fee

    $4, on top of the cash advance fee.

    $4

If a payment is late or fails1

  • Late Fee
    $45

Other fees3

  • Balance Transfer Fee

    Up to 3% of balance transfer amount or in accordance with the specific balance transfer offer.

    3.00% of transaction
  • Credit Balance Processing Fee

    The fee amount will be the lesser of your balance or $19.99.

    $19.99capped at $19.99
  • International Over the Counter Fee

    $5, on top of the cash advance fee.

    $5

Features

Fraud protectionBalance transfers55 interest-free days1 additional cardApple PayGoogle PayLatitude Rewards
  • Enjoy the benefits of using a Latitude Low Rate Mastercard A low rate and rewards credit card rolled into one. Spoil yourself, and get more from your budget, with the Latitude Low Rate Mastercard.
  • Let your budget breathe Enjoy a 13.99% p.a. purchase rate, so you can stretch your budget without stressing it.
  • Minimum Monthly Payment The minimum monthly payment for a statement period is an amount equal to the greater of $30 or 2.75% of the closing balance, shown for the statement period on your statement o…

Eligibility and limits

  • Minimum age 18
  • Residency: Australian resident
  • Minimum income $20,000
  • Available to individuals
  • Amount from $1,000, no maximum
  • Applicants must be able to supply: - A copy of your driver's licence, passport or proof of age card. - Details of your income, assets and debts. - Employers name and contact details.
  • Credit history To be eligible you must: Be able to demonstrate a good credit history for the last 5 years

Published by Latitude Credit Cards under the Consumer Data Right, last changed by them on 12 Oct 2026. Figures are shown as the institution publishes them and can change without notice; confirm on their site before applying. The Finance Algorithm earns nothing from any product listed here.