Latitude Low Rate Mastercard (Cashback Offer)

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Latitude Low Rate Mastercard (Cashback Offer)

Highlights

  • Earn up to $300 in bonus Latitude Rewards when you spend at least $1,000 on eligible purchases every statement period for your first 6 months from approval.
  • Get 3% cashback on recurring payments with participating utility, telco, and streaming services.
  • Get additional cards at no extra fee.

Pros and cons

Pros

  • Earn up to $300 in bonus Latitude Rewards when you meet the criteria.
  • Start using your card instantly with Apple Pay—no need to wait for the physical card to arrive.
  • Earn Latitude Cashback Rewards when you shop in the merchant offers portal.
  • The ongoing purchase interest rate is 13.99% p.a., lower than many standard credit cards.
  • Get access to exclusive offers and discounts from hundreds of popular merchants.
  • Track and manage your card using the Latitude App.
  • It supports Apple Pay, Google Pay, Samsung Pay, and Garmin Pay.

Cons

  • You must spend at least $1,000 per month for six months to receive $300 cashback.
  • The standard cash advance rate is 29.99% p.a., which is on the higher side and typical for this type of transaction.
  • A 3% foreign exchange fee applies to overseas transactions.
  • The late payment fee is $45.

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    As seen on

    Media - The Sydney Morning Herald
    Media - Yahoo Finance
    Media - News.com.au
    Media - Daily Mail Australia
    Media - Australian Fintech
    Media - Dynamic Business