Latitude Gem Visa Card review

Latitude Gem Visa Card is a credit card product provided by Latitude Financial Services. Latitude Financial Services is also a provider of other credit cards, personal and car loans, insurance and buy now pay later services.

What credit cards does Latitude Financial Services offer?

Latitude Financial Services offers different credit cards. Here are more details about the Latitude Gem Visa Card, as offered at the time of writing.


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Latitude Gem Visa Card


  • Card type: Visa
  • Minimum credit limit: $1,000
  • Annual fee: $107.40 (based on a monthly fee of $8.95, applicable when you have an outstanding balance of $10 or more)
  • Purchase rate: 19.95% p.a. on everyday purchases
  • Interest-free period: Up to 55 days for purchases under $250, and six months interest-free for purchases over $250, if you pay your closing balance in full and on time and have paid the previous month’s balance in full and on time
  • Cash advance rate: 24.99% p.a.
  • Minimum repayments: Latitude Financial Services says minimum monthly repayments are calculated as the adjusted closing balance if it is more than $5 but less than $25; or 3% of the adjusted closing balance or $25 (whichever is greater), plus any instalment payment due for a statement period
  • Late repayment fee: $30
  • Contactless payments: Available with Apple Pay, Samsung Pay, Google Pay, Fitbit Pay and Garmin Pay. 
  • Security: Card protected by fraud protection and Visa Secure technology 
  • Additional: Instant six months interest-free on purchases $250 and over. Terms and conditions may apply.

Latitude Gem Visa Card FAQs

To be eligible for a Latitude Gem Visa Card, you need to be 18 years old or over and an Australian citizen or permanent Australian resident. You must be able to supply a copy of your driver licence, passport or proof of age, as well as details of your income, assets and debts and your employer’s name and contact details. Other criteria may also apply, so contact Latitude Financial for more information.

Before applying, consider the eligibility criteria, plus whether a credit card is generally suitable for your needs. You can also compare a wide range of credit cards using Canstar’s comparison tables.

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If you do choose to apply for a Latitude Gem Visa Card, and you meet the eligibility criteria, you can apply online. You will be required to provide an email address, a mobile phone number and either an Australian driver licence or Australian passport. Other information you may need on hand includes your personal details, employment details, assets, liabilities and living expenses.

You will need to activate your Latitude Gem Visa Card when it arrives before you can use it. Latitude Financial says you can activate your card by calling them on 1300 552 079 to set up a PIN, or online through their Online Service Centre, via an SMS code.

You can manage your Latitude Gem Visa Card through an online portal or via the Latitude App, which is available for both Apple and Android devices. Latitude Financial Services says you can manage your account and update your account details, access statements and view pending transactions through its online portal, and check your balance, check payment due dates, view all transaction information and pay someone by bank transfer via the app.  

When interest is charged:

Interest is charged when you carry a balance on your Latitude Gem Visa Card beyond the month pay cycle. Interest is charged on cash advances daily from the date the transaction is made until the date the transaction is paid in full.

When interest is not charged:

At the time of writing, the Latitude Gem Visa Card offers an interest free period of up to 55 days for purchases under $250, and six months interest-free for purchases over $250, if you pay your closing balance in full and on time and have paid the previous month’s balance in full and on time.At the time of writing, the Latitude Gem Visa Card also has interest free offers for up to 50 months with various Latitude Financial Services retail partners, so long as the customer meets the criteria for a particular offer.There is no interest-free period for cash advances or instalment interest bearing transactions.

Your credit limit for a Latitude Gem Visa Card will be determined based on the information you provide in your application, keeping in mind the minimum credit limit is $1,000.

Latitude Financial Services says you can ask to increase or reduce your credit limit at any time online, either by completing a form on their website or logging into the online service centre. Latitude Financial Services reserves the right to reduce your credit at any time without notice. Latitude Financial Services says your eligibility for credit or a particular credit limit will be subject to its lending criteria.

You can submit a request for your Latitude Gem Visa Card to be closed online or through the Latitude app. If an outstanding balance remains, your account will not be closed until you have paid off the balance in full, along with any interest, fees or other charges.

Latitude Financial Services is a digital payments, instalments and lending business. Founded in 2015,  they specialise in personal loans, new and used car loans, insurance, buy now pay later services and credit cards.

This content was reviewed as part of our fact-checking process.

Written by: Alasdair Duncan | Last updated: