How to cut costs on essentials
Ditch the reliance on the credit card and cut down on costs with these tips. It pays to ditch the big-name brands at the supermarket.
Balance Transfer0% p.a. for 22 months on balance transfers. Earn 3 additional bonus Velocity Points per $1 on your everyday spend in the first 3 months (capped at 10,000 points per month).
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No annual fee, currency conversion fees or foreign transaction fees on purchases
Overseas cash withdrawals from ATMS are treated as cash advances and incur a fee of 3% of the cash advance or $4, whichever is greater.
We’re a brand new name with a brand new look and big plans to be the best independent financial services provider in Australia and New Zealand. Whilst we may be a new name in the consumer finance market, we look after more than 2.5 million customers with sales finance, credit cards, personal loans and consumer credit insurance. We’ve also forged successful partnerships with some of the region’s most iconic and successful retailers. We’d love to hear from you whether it’s to enquire about one of our products, how we can help your business grow or even if you want to speak to someone about your existing relationship with us.
The Latitude 28° Global Platinum Mastercard is a credit card with no annual fee, high interest rates, a moderate number of interest-free days and a moderate late payment fee. The card does not have an associated rewards scheme, though Mastercard does provide exclusive offers and experiences for card holders.
This card is known for being a sensible travel card, as it has no fees on overseas purchases both abroad and online, as well as no international currency conversion fees. The Latitude 28° Global Platinum Mastercard also comes with a free concierge service that can help you plan your next holiday, as well as special travel offers for card holders.
The card is eligible for Apple Pay, allowing customers to pay simply and securely with their phone.
The Latitude 28° Global Platinum Mastercard is best for overseas travellers. In particular, this card is suitable for regular travellers who always pay their balance in full each month, as this will avoid the card’s high interest rates.
Although the Latitude 28° Global Platinum Mastercard has advantages for travelling, the card does not have an associated rewards scheme to earn card holders points or frequent flyer miles. For credit card users who want to receive travel benefits as they spend, there are other cards on the market that earn frequent flyer points for a range of airlines.
This card is also not well suited to budget card holders who struggle to pay their balance in full each month. Though there is no annual fee, the high interest rates may become problematic for those who regularly pay only part of their balance.
The Latitude 28° Global Platinum Mastercard may be a sensible choice for card holders who often travel overseas. The card charges no fees for international spending while abroad and also does not have a currency conversion fee, as many other credit cards do. There are also no fees for online purchases from international vendors.
However, frequent travellers may wish to have a credit card that offers travel perks as they make purchases. Some cards have a rewards scheme that earns frequent flyer points on eligible purchases. Customers seeking frequent flyer points may be better off searching for a credit card with a rewards scheme to fit their travel preferences.
This card may also be a reasonable choice for card holders who don’t travel overseas, but do shop online often and want to minimise costs.
In order to be an eligible applicant for the Latitude 28° Global Platinum Mastercard, you must be at least 18 years of age and be either an Australian citizen or Australian permanent resident. When applying, you must provide a driver’s licence, passport or proof of age card in addition to details of your income, assets and liabilities. Most applicants will also need their employer’s name and contact details. Customers can apply online.
Latitude Financial is an independent financial services provider in Australia and New Zealand. Latitude Financial Services delivers credit cards, loans and insurance to consumers. Their insurance offering includes credit card insurance, travel insurance and car insurance, and their loan offering provides debt consolidation, home improvement, car loans and personal loans. Latitude Financial serves over 2.5 million customers. Customers can contact Latitude Financial Services at any time either online or over the phone.
A property and personal finance writer, Nick Bendel covers property, loans, credit cards, superannuation, and other bank products. Nick has previously written for The Adviser, Mortgage Business, Lifehacker, Business Insider, Yahoo Finance, and InvestorDaily, and loves getting elbow-deep in the latest ABS, APRA and RBA data.
The numbers on your credit card actually follow a universal standard which is used to identify specific functions. Each credit card has a different amount of numbers: Visa and Mastercard have 16, American Express has 15 and Diner’s Club has 14. The first number on a credit card always identifies what type of credit card it is. Visa cards start with a 4, whereas Mastercard starts with a 5 and American Express with a 3. The remainder of the digits represent the account number, including the last number which is used to verify that your credit card is actually valid. Credit cards also have additional verification numbers, which are mainly used when the card isn’t present for phone and online purchases. These are the three-digit numbers on the back of Visa and MasterCard or the four-digit numbers on the front of an American Express card.