Latitude
Enjoy 0% p.a. on balance transfers for 24 months (3% fee applies) and a low $69 annual fee. Exclusive for new customers approved by 30 April 2026.
The Latitude Low Rate Mastercard is tailor-made for anyone looking to consolidate credit card debt thanks to its standout offer: a 0% interest rate on balance transfers for a full 24 months. A one-off 3% balance transfer fee applies, with an ongoing $69 annual fee that helps keep long-term costs lower than many premium cards. Eligibility is limited to new customers who are approved by 30 April 2026.
How to Apply for the Latitude Low Rate Mastercard
- Check that you’re at least 18 years old and an Australian resident with a steady income.
- Gather documents such as ID, proof of income, and current financial details.
- Submit your application online through the Latitude website.
- Wait for your approval notification and follow any instructions for identity verification or further information.
Key Advantages
The main benefit is the 0% interest on balance transfers over 24 months, offering genuine breathing space for those managing other card debts.
A competitive $69 annual fee makes this a cost-effective solution versus traditional, feature-heavy cards with higher yearly charges.
Possible Drawbacks
A 3% balance transfer fee applies up front, which may reduce the initial savings for users transferring large balances.
After the 24-month promotional period, the interest rate reverts to a much higher 29.99% p.a., making it less ideal if you plan to carry a balance afterwards.
Verdict: Should You Choose the Latitude Low Rate Mastercard?
The Latitude Low Rate Mastercard’s long 0% balance transfer period and budget-friendly annual fee make it an excellent option for consolidating and paying down debt. However, it’s best suited for disciplined spenders who can clear their balances within the offer period to optimise the savings offered by this promotion.