If you’re questioning whether to move towards credit cards or buy now pay later, the Latitude Gem Visa credit card may be the choice for you. The card comes with an introductory offer of 0% for the first 6 months (on purchases over $250), up to 55 interest free days and a low $131.40 annual fee. Plus, cardholders also have the option of three different interest-free repayment plans when they shop at selected retailers.
With the Latitude Gem Visa card, you can enjoy the convenience of an everyday credit card while also taking advantage of interest-free buy now pay later options.
This card comes with a 6-month interest-free introductory offer on purchases over $250, no annual fee and up to 55 interest-free days. Just bear in mind, there is a 27.99% purchase rate, 29.99% cash advance rate and $9.95 monthly fee (for balances of $10 or more). And if you do decide to withdraw cash from an ATM using this card, you’ll also be slapped with a 3% cash advance fee (maximum $30 per transaction).
Want more 0% interest options? Say hello to Latitude’s buy now pay later plans. These range from 24 up to 60 months interest free, and are available when you spend at any of Latitude’s partner retailers, including JB Hi-Fi, Apple and The Good Guys.
Here’s a breakdown of what’s on offer:
Minimum Monthly Payments: Customers make a minimum payment each month with the option of extra repayments. (Plans start from 6 months).
Flexible Payments: Customers choose when they want to pay - in a lump sum at the end of the plan period or make payments throughout. (Plans start from 3 months).
Equal Monthly Payments: Customers pay equal monthly instalments and can’t make additional contributions. (Plans vary and are only available during specific promotional periods).
This card is a great option for someone looking to use both a credit card and buy now pay later service all in the one place. Plus, for those that are all about digital wallets there are plenty of options available: Apple Pay, Google Pay, Samsung Pay, Fitbit Pay and Garmin Pay.
It’s important to note that while you can use the Latitude Gem Visa credit card overseas, there is a 3.00% foreign exchange fee.
And make sure not to miss any minimum repayments on this card because you’ll be slapped with a large $45 late payment fee every time you do. So, it may be worth setting up recurring repayments via direct debit if you need to.
|
27.99% p.a. |
|
|
none |
|
|
6.99% p.a. for 12 months and then 29.99% p.a. (3.00% balance transfer fee) |
|
|
yes |
|
|
29.99% p.a. |
|
|
55 |
|
$131.40 |
|
|
none |
|
|
none |
|
|
none |
|
|
$45.00 |
|
|
3%, Min $3, Max $30 |
|
|
3.00% |
|
|
$2.50 |
|
|
$0.00 |
|
|
$0.00 |
|
$25.00 |
|
|
3.00% |
|
|
9 |
|
|
$10.95 account servicing fee is charged when outstanding balance is more than $10, shown as $131.4 annual fee. |
Apple Pay, Google Wallet, Samsung Pay, Fitbit Pay, Garmin Pay
It's a great product until you hit financial trouble, then the interest rate is the highest I've ever seen .
Read full reviewIt's a great product until you hit financial trouble, then the interest rate is the highest I've ever seen .
Really happy with this card. I use it for interest free purchases over 6 months. I won't use any other credit card now.
Read full reviewReally happy with this card. I use it for interest free purchases over 6 months. I won't use any other credit card now.
Avoid it !!!! They lost your personal information's to hackers, advise from the CEO was to renew your driving licenses then customer support refused to own it. I close my account, never ever will deal with them.
Read full reviewAvoid it !!!! They lost your personal information's to hackers, advise from the CEO was to renew your driving licenses then customer support refused to own it. I close my account, never ever will deal with them.
Recent data hack has not been handled well. High fees, but lots of flexible options for interest free periods.
Read full reviewRecent data hack has not been handled well. High fees, but lots of flexible options for interest free periods.
Run a mile, I paid my card completely off and they kept charging my account fees, I could never get in touch with anyone so legally I threatened them by email, probably took about 6 weeks to close my account, each time I paid fees off, the very next day they would charge acc 99 cents again just to keep account open.
Read full reviewRun a mile, I paid my card completely off and they kept charging my account fees, I could never get in touch with anyone so legally I threatened them by email, probably took about 6 weeks to close my account, each time I paid fees off, the very next day they would charge acc 99 cents again just to keep account open.
Low Rate Card
13.49% p.a.
0% p.a. for 28 months and then 21.74% p.a. (2.00% balance transfer fee)
$59 $0 in the first year
Rewards Credit Card
0% p.a. for 15 months then 21.49% p.a.
0% p.a. for 15 months and then 22.24% p.a.
$199
Citi Rewards Program
Qantas Ultimate Card
23.99% p.a.
No current offer
$450
Qantas Frequent Flyer
Clear Credit Card - BT Offer
14.99% p.a.
0% p.a. for 24 months and then 22.24% p.a. (1.50% balance transfer fee)
$99 $49 in the first year
Essential® Rewards Credit Card
23.99% p.a.
No current offer
$108
Membership Rewards
Rewards Credit Card
21.49% p.a.
No current offer
$199 $99 in the first year
Citi Rewards Program
Explorer Credit Card
23.99% p.a.
No current offer
$395
Membership Rewards
Qantas Ultimate Card
Qantas Frequent Flyer
$450
50,000
1.25 points up to 100,000 points/year, then
1 point uncapped
Platinum Visa Credit Card
Qantas Frequent Flyer
$299
30,000
1 point up to 20,000 points/month
Qantas Rewards Premium Card
Qantas Frequent Flyer
$295 $195 in the first year
70,000
0.66 points up to $3,000/month, then
0.33 points up to $6,000/month
Qantas Premium Card
Qantas Frequent Flyer
$249
20,000
1 point uncapped
Rewards Signature Card
NAB Rewards
$295 $145 in the first year
180,000
1.25 points uncapped
Qantas Discovery Card
Qantas Frequent Flyer
$0
No current offer
0.75 points uncapped
Velocity Escape Plus Card
Velocity Frequent Flyer
$95
No current offer
1 point up to 120,000 points/year, then
0.75 points uncapped
Qantas Rewards Signature Card
Qantas Frequent Flyer
$420 $320 in the first year
120,000
1 point up to $5,000/month, then
0.5 points up to $20,000/month
Low Rate Card
0% p.a. for 28 months and then 21.74% p.a. (2.00% balance transfer fee)
13.49% p.a.
$59 $0 in the first year
Clear Credit Card
0% p.a. for 28 months and then 22.24% p.a. (3.00% balance transfer fee)
14.99% p.a.
$99
Premier Credit Card
0% p.a. for 6 months and then 22.24% p.a.
21.49% p.a.
$300 $150 in the subsequent years if you spend $48,000 on eligible purchases or cash advances in previous year., $150 in the first year
Citi Rewards Program
Blue Visa Credit Card
0% p.a. for 9 months and then 21.74% p.a.
0% p.a. for 9 months then 20.74% p.a.
$60
Q Rewards
Virgin Australia Velocity Flyer Card - Balance Transfer Offer
0% p.a. for 24 months and then 20.99% p.a.
20.74% p.a.
$149 $0 in the first year
Velocity Frequent Flyer
More Mastercard
0% p.a. for 6 months and then 19.99% p.a. (1.00% balance transfer fee)
19.99% p.a.
$100
Bankwest More Rewards
Rewards Credit Card
0% p.a. for 15 months then 21.49% p.a.
0% p.a. for 15 months and then 22.24% p.a.
$199
Low Rate Card
13.49% p.a.
0% p.a. for 28 months and then 21.74% p.a. (2.00% balance transfer fee)
$59 $0 in the first year
Clear Credit Card
14.99% p.a.
0% p.a. for 28 months and then 22.24% p.a. (3.00% balance transfer fee)
$99
Low Rate Credit Card
12.99% p.a.
0% p.a. for 12 months and then 25.99% p.a. (2.00% balance transfer fee)
$99
Low Rate Visa Credit Card
9.90% p.a.
No current offer
$59
Low Rate Credit Card
8.99% p.a.
0% p.a. for 6 months and then 8.99% p.a.
$59 $0 in the first year
Low Rate Card
13.49% p.a.
0% p.a. for 28 months and then 21.74% p.a. (2.00% balance transfer fee)
$59 $0 in the first year
Rewards Credit Card
0% p.a. for 15 months then 21.49% p.a.
0% p.a. for 15 months and then 22.24% p.a.
$199
Clear Credit Card - BT Offer
14.99% p.a.
0% p.a. for 24 months and then 22.24% p.a. (1.50% balance transfer fee)
$99 $49 in the first year
Clear Credit Card
14.99% p.a.
0% p.a. for 28 months and then 22.24% p.a. (3.00% balance transfer fee)
$99