Latitude Gem VISA Credit Card: Bonus $200 VISA eGift Card with $1,500 Spend Per Month for First 3 Months @ Latitude Financial

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Latitude Gem VISA Credit Card: Bonus $200 VISA eGift Card with $1,500 Spend Per Month for First 3 Months @ Latitude Financial
Go to Deal
dongltron on 08/08/2025 - 22:00 latitudefinancial.com.au (123 clicks)
Last edited 08/08/2025 - 22:14 by 2 other users

$200 Visa eGift Card when you spend $1,500 on general purchases each month in the first 3 months of approval.

Excludes long-term Interest Free payment plans. Other exclusions, T&Cs, card fee (currently $10.95) & other charges apply. $200 Visa eGift Card is available to Latitude Gem Visa credit card applicants, who signed up for the offer and are approved by 4 November 2025. Offer is not available to current Latitude Gem Visa cardholders and is limited to one offer per applicant. To qualify, you must be approved and fulfil the terms of the offer by spending $1,500 or more on general purchases each statement period for 3 consecutive months from the date of your approval. General purchases exclude cash advances, cash-equivalent transactions, card fees or charges, credits, refunds, reversed transactions or reimbursements, Interest Free plans, interest and balance transfers into your account. Only fully processed transactions at the end of statement period will count towards the spending requirement; pending transactions will not be considered. The account must be open and not in default of the credit contract when the Visa eGift Card is sent to you. Your Visa eGift Card will be sent to your nominated email address within 90 days of meeting the spend criteria. Latitude may vary, extend, or withdraw this offer at any time without notice.

For full terms & conditions of the Visa eGift Card visit https://activgiftcard.com.au/terms/.

Financial Cashback Credit Card Latitude Finance Australia VISA

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Comments

  • Lucille Bluth on 08/08/2025 - 22:10
    +19

    They are getting desperate with the mass exodus of 2024-2025.

    I just closed my 28 Degrees card two days ago. The guy clearly from overseas had a kid yelling in the background and a rooster was crowing. Didn't surprise my why my data was leaked from these idiots.

    Without prompting him he asks "Are you calling to close your account?" I took that to mean that's what most of his calls are about these days. It's like he read my mind.

    Also, $4500 spend to profit $167.60 (after 3 x $10.95 monthly fees) after three months isn't worth it IMO.

    • HD9990 on 08/08/2025 - 22:18
      +3

      they used to be the go to travel card here. what's changed in the last couple years. The $8 monthly fee is surely a scam but is there anything else?

      • dongltron on 08/08/2025 - 22:18
        +6

        The data breach killed a lot of customer trust.

      • Lucille Bluth on 08/08/2025 - 22:20
        +11

        Yes, most of us moved to Bendigo Bank Ready Credit Card.

        • No monthly or annual fees
        • No BPay fees
        • No annoying "spend $1000 to get promo credit" nonsense
        • PayID to the credit card. Your balance is immediately credited. I don't think any other credit card offers this. It's a game changer
        • Complementary travel insurance
        • No annoying hold music, with annoying AI prompts to verify yourself, only for the CS to pickup and ask again the same questions

        Another one is the Bank West credit card.

        Here is a handy popular post about alternatives

        • HD9990 on 08/08/2025 - 22:25

          humm how about international transaction fees? that's the most headache for me with other cards

        • dongltron on 08/08/2025 - 22:30
          -1

          Looks like a good option, but the $0 fee definitely won't be lasting long.

    • dongltron on 08/08/2025 - 22:18

      I'm only with Latitude because I get fees waived lifetime through my job.

    • dongltron on 08/08/2025 - 22:24
      -2

      They certainly aren't 'desperate' though. If you look at investor reports, they've bounced back pretty well since the breach.

      • Lucille Bluth on 08/08/2025 - 22:41
        +2

        Yeah, they are definitely not desperate here and definitely not desperate here after how many cancelled on introducing the monthly fee in September 2024.

        I don't know how else to read it but them being desperate when they have been sending previous customers the below throughout 2025

        Let’s cut to the chase…we miss you and want you back! We know the fee changes made last year didn’t meet your expectations, but we’d love to make it up to you. That’s why we’ve waived the monthly card fee for at least 2 years.

        • dongltron on 08/08/2025 - 23:39
          -3

          They were very aware they would lose a bunch of customers. They have professional advisors for this. They aren't stupid.

          As I said, look into investor reports. They're 100% freely available. They're doing fine. They're not where they were, but they're not even close to being desperate nor close to collapse.

    • chinaman on 08/08/2025 - 23:04
      +2

      Agree. Boycott till completely free again.

      • dongltron on 08/08/2025 - 23:38
        -3

        That's not how… anything works, mate.

    • Lucille Bluth on 08/08/2025 - 23:34
      +1

      Slight edit to my earlier comment

      Also, $4500 spend to profit $167.60 (after 3 x $10.95 monthly fees) after three months isn't worth it IMO

      The T&Cs state

      Your Visa eGift Card will be sent to your nominated email address within 90 days of the meeting the spend criteria

      So the total profit may be as little as $134.30 (after potentially being charged 6 x $10.95 monthly charges if it takes upto the 90 days of meeting the 3 x $1500 consecutive spends). And then you are stuck with a card that attracts 29.99% interest rate and $131.40 in annual fees. Even worse than I initially thought, doesn't even seem worth it for churners.

      • dongltron on 08/08/2025 - 23:40
        -2

        Worth noting that the interest rate on a card is 100% irrelevant. If you're paying interest on a credit card, you're doing it wrong. It's $130 in profit, I don't really see how you see that as not worthwhile.

        • Lucille Bluth on 09/08/2025 - 08:10

          It's $130 in profit, I don't really see how you see that as not worthwhile.

          Because there are almost 50 cards with a higher profit for churners? And if you aren't a churner, there is no value in having a card for only ~18 months before the monthly fees start eating into your profits and you start paying for the privilege of keeping the account open.

          I find it unusual you keep telling me to read through the 2024 Annual Report, the one where the introduction of the monthly fee covered only a portion of the year before the mass exodus. At least wait until the 2025 Annual Report.

          They couldn't even get their LatitudePay to work before closing it down.. Were those the same financial advisors paid to launch it here only to close it four years, during a period where BNPL platforms exploded in popularity?

          Anyway, what is evident in this deal based on comments and overall upvotes, is that it's not a popular deal.

          • dongltron on 09/08/2025 - 08:15

            @Lucille Bluth: Alright, then they go for those cards. I didn't claim that it would be optimal for churners anyway, just that it might be worthwhile for somebody who wants a card anyway.

            As for the report, alright, fair enough. The 2025 report will provide more clear insight.

            LatitudePay, well, business simply isn't as simple as you make it out to be, I'm afraid. There are a ton of reasons it could have been shut down that isn't this easy-to-digest-for-consumers 'they're bad at business'.

    • CharlieSheen on 15/08/2025 - 17:40
      +1

      Yea, I'm in the same boat. I had both a GEM Visa & a 28 degrees card that I had utilized for the last 6-7 years. Closed both of them earlier this year after the changes + the latitude data breach didn't help their case. My employer gives me a fee free credit card for employees that has complementary travel insurance but I haven't been bothered to apply for it- but when I plan to go overseas again, my intentions would be to utilise this.

      That being said, when I went overseas a few months back to visit the missus, I just used a combination of my WISE card and cash everywhere. That being said, it did suck paying out of pocket for travel insurance and airport lounge access. I haven't got a CC at the moment, but I'll investigate the bendigo card potentially.

  • Lets Go Brandon on 08/08/2025 - 22:20
    +3

    Stay away from these shonks!

    • dongltron on 08/08/2025 - 23:41
      -3

      Phew, that is an embarrassing online presence to have in Australia. Yikes.

  • cski on 08/08/2025 - 23:48
    +3

    The fee free payments are impossible every couple weeks it breaks for no reason, demands you call support, the then take a week to fix it, but your payment is due and they say paying twice by $2 per payment bpay will fix the lock on payments.

    It must be illegal to force a customer to pay fees with no alternative options,

    I'm desperately paying it down so i can close it, latitude has become a pathetic product

    • adventurer on 09/08/2025 - 00:51

      Agree they made it so hard to pay them without fees, I kept the card for years without any use.

      And finally when the monthly fee announce, got out straight away from this miserable joint.

  • spy on 09/08/2025 - 00:15
    +1

    Fool me once, shame on you; fool me twice, shame on me
    Up yours Latitude

  • miwahni on 09/08/2025 - 00:56
    +1

    I had two Latitude cards, a 28 Degrees and a Go Mastercard, but closed them both after Latitude in their wisdom decided to transfer my small credit balances (due to round up of payments - maybe $7 in total across both cards) to a charity, and told me about it after the fact. When I requested the return of my funds I was told that such actions (credit balances) were a sign of money laundering. True, but let's keep things in perspective. My $7 in credit over a couple of months was hardly the proceeds of crime. If their crime detection systems were so poor that they thought a $7 credit balance was a concern, I wanted nothing further to do with them.

    • adventurer on 09/08/2025 - 01:42

      After reading this twice I still think you should log a case to AFCA just to f around with Latitude. I wouldn't have donate to ANY charity without knowing the beneficiary.
      And Latitude did this without your specific approval.

      • dongltron on 09/08/2025 - 07:20
        -2

        Wouldn't recommend it, they'll get laughed out. It'll be in the Terms and Conditions (they ones that were specifically on agreement of) somewhere.

  • equal on 09/08/2025 - 11:11
    +1

    lets cut to the chase. nah

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