Latitude Infinity Rewards Visa
specialWith one point every dollar you spend, earn points that are never capped and never expire.
- Last updated on 26 May 2020
Balance Transfer Rate
Max Free Days
- Balance Transfers Available
Number free supplementary
Interest Free Days
Interest Free Days
Maximum credit limit
Late Payment Fee
Minimum credit limit
Over limit fee
Minimum repayment dollars
Duplicate statement fee
Minimum repayment percent
Supplementary card annual fee
Cash advance rate
Balance Transfer Rate
Balance Transfer Rate
No set max
Balance Transfer Fee
Foreign Exchange Fee
3% on Visa
Estimated ATM Cost
for AU $300 withdrawal
Latitude Infinity Rewards
|1 point for $1 spent||Visa||uncapped||All eligible purchases|
- Other With one point every dollar you spend, earn points that are never capped and never expire.Use points for whatever you fancy - experiences, gadgets and gifts.
Minimum repayment 2.222% of the closing balance OR $10 (whichever is greater). No minimum repayment if your closing balance is $5 or less.
Compare and review credit cards with similar features
Latitude Financial Services (also known as Latitude) is a financial services company based in Australia and New Zealand, with their Australian headquarters in Melbourne. As of 2018, Latitude had around a 6 per cent share of Australia’s personal lending market. This made it the biggest non-bank lender of consumer credit in Australia.
Latitude has over 2.5 million customers through its credit cards, car loans, personal loans, home loans and consumer credit insurance. It also offers a buy-now-pay-later service, called LatitudePay.
Latitude is a common fixture amongst many Australian retailers, such as Harvey Norman and JB HiFi. Its cards can be used to obtain interest-free financing over a number of months.
The Latitude Infinity Visa by Latitude Financial Services offers a moderate number of interest-free days and a high interest rate for a moderate annual fee.
As a cardholder you have the ability to earn one point for every dollar you spend. The Infinity Rewards program offers unlimited points-earning potential.
You can use the Latitude Infinity card to earn points anywhere Visa is accepted. And purchases can be protected by taking out optional shopper’s protection insurance.
The Latitude Infinity account can be managed online, and repayments can be made by direct debit, Bpay, through the mail or at an Australia Post office.
There is a fee for additional cardholders, each of whom must be aged at least 16 years old. The maximum approved credit limit for this Visa depends on affordability.
- Earn unlimited points
- Additional cardholders
- Moderate interest-free days
- Annual fee charged
- Late payment fee charged
- Annual additional cardholder fee
Who is it good for?
If you want a credit card without many added extras, or flexible payment or purchase options, this could be for you.
The Latitude Infinity credit card is a basic Visa card offering points that are only redeemable through the Infinity Rewards program. Points earned are not transferrable to other programs such as flybuys or Frequent Flyer memberships.
The Latitude Infinity Visa card does not have smart-pay features such as Apple Pay or Samsung Pay. It offers a moderate number of interest-free days and a high purchase and cash advance rate.
The security features of this credit card need to be purchased. You have the option of safeguarding eligible purchases and repayments with credit card protection from Latitude Insurance.
You can opt-in for credit limit increases when applying for this credit card. This consent allows you to receive invitations to apply for an increase in your credit limit when eligible.
What RateCity says
The Latitude Infinity Visa is a very basic credit card with few fringe benefits. It’s one of the more expensive products available and offers little in return.
Points earned – although uncapped – can only be redeemed via the Infinity Rewards website. It’s worth reviewing the Latitude Infinity Rewards catalogue to see whether it appeals.
This credit card does not come with any buyer protections. Credit card insurance can be purchased from Latitude Insurance. This is worth considering when adding up the annual fees payable for this credit card.
No flexible purchase and payment options means that you must carry the physical card with you if you wish to use it. It cannot be linked to a bank account, although you can set up a direct debit for repayments.
The Latitude Infinity Visa replaces the Myer store card.
To be eligible for the Latitude Infinity Visa you need to be 18 years old and be a permanent Australian resident. When applying you need to have your financial and income details handy, including a residential address, postal address (if different from residential) and relevant contact information. You will also need to provide your Australian driver’s licence or another form of acceptable photographic identification. This could be a NSW photo card or current passport.
About Latitude Financial Services
Formerly GE Capital, Latitude Financial Services is a finance company in Australia and New Zealand, offering loans, credit cards, insurance and retail finance. Latitude Financial Services has more than 2.5 million customers, and offers sales finance, credit cards, personal loans and consumer credit insurance. The company also offers financing solutions for retail partners, managing credit applications, credit authorisation, billing, remittance and customer service processing. Latitude has a hardship team to help those who are struggling to meet repayments.
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.
Credit cards are a quick and convenient way to pay for items in store, online or over the phone. You can use a credit card as a cashless way to pay for goods or services, both locally and overseas. You can also use a credit card to make a cash advance, which gives you the flexibility to withdraw cash from your credit card account. Because a credit card uses the bank’s funds instead of your own, you will be charged interest on the money you spend – unless you pay off the entire debt within the interest-free period. If you pay the minimum monthly repayment, you will be charged interest. There are many different credit card options on the market, all offering different interest rates and reward options.
A credit card is a payment method which lets you pay for goods and services without using your own money. It’s essentially a short-term loan which lets you borrow the bank’s money to pay for things which you can pay back – potentially with interest – at a later date. Credit cards can also be used to withdraw money from an ATM, which is known as a cash advance. Because you’re borrowing money from a bank, credit cards charge you interest on the money you use (unless you repay the entire debt during the interest-free period). When you apply for a credit card, the bank gives you a credit limit which sets the maximum amount you can borrow using your card. Credit cards are one of the most popular methods of payments and can be a convenient way of paying for goods and services in store, online and all around the globe.