Getting to Know the LATAM Visa Signature® Card

The LATAM Visa Signature® Card is a LATAM Airlines co-branded card catering to the U.S. marketplace. The card offers decent points-earning potential and an easy-to-achieve introductory offer. New members earn 20,000 LATAM Pass Multiplus points when they first use their card and an additional 4,000 points on each anniversary upon renewal. With regular use, the card earns double the points when booking through LATAM and single points for every dollar spent with all other purchases.

Other perks of the LATAM Visa Signature® Card are 3 complimentary upgrade coupons good for class upgrades on one-way LATAM flights each year, Visa Signature® concierge service, and discounts on your LATAM flight each year (up to $1,000). These perks come at the cost of a $75 annual fee, U.S. Bank waives for the first year.

How It Works

Cardholders can expect the following from the LATAM Visa Signature® Card:

How to Earn Rewards:

• Fly with LATAM: Travelers earn 2 Multiplus points for every dollar spent on LATAM ticket purchases. Cardholders also receive 25% flight bonus points when they fly with LATAM and use their card.
• Everyday purchases: Cardholders earn 1 Multiplus point for every dollar spent all other purchases.
• No Cap: There is no cap on the number of bonus points that members can gain.
• Expiration: Multiplus points earned with LATAM Pass expire 24 months after they are earned.

How to Redeem Points:

• Travel: Redeeming Multiplus points with LATAM and other Oneworld airline partners is easy. LATAM Visa Signature® Cardholders can use their Multiplus points to save on select LATAM flights, travel on any Oneworld partner, purchase seat upgrades, or pay for additional baggage costs.
• Hotel Stays: LATAM Pass members can use their bonus points for hotel stays with select LATAM and Oneworld hotel partners.
• Rental Cars: Multiplus members can use their bonus Points for vehicle rentals with select LATAM and Oneworld partners worldwide.

Today’s Bonus Offer

Earn 20,000 bonus Multiplus points when you first use your LATAM Visa Signature® Card to make a purchase.

The Plane Facts

Can you expect a smooth flight from LATAM Visa Signature® Card, or will there be turbulence?

• ·Annual Fee: The card features no annual fee for the first year, followed by a $75 fee for every year after that. The discounts, upgrade coupons, and points-earning potential, however, more than makeup for the $75 yearly cost – especially if you frequently travel with the LATAM Group or any other Oneworld airline.

Airline and Airport Perks:

• Upgrade Coupons: LATAM Visa Signature® Cardholders receive 3 one-way upgrade coupons for LATAM flight each year of membership.
• Flight Discounts: Cardholders receive 20% off of their first LATAM ticket purchase each year of membership (up to $1,000 in value).

Cardholder Protections:

• Baggage Insurance Plan: Receieve reimbursement for either lost or stolen luggage when the entire fare is paid using the card.
• Fraud Protection: Cardholders have complete protection from any fraudulent purchases made on their account.
• Account Alerts: Visa account alerts allow cardholders to know – via text message or email -when payments are due or if there is suspicious activity on their account.
• Car Rental Loss and Damage Insurance: Auto rental collision damage is covered when you pay the total cost of your rental car with the LATAM Visa Signature® Card and waive additional collision protection while at the rental counter.
• Global Assistance: 24/7 access to Visa’s dedicated account services, as well as access to Visa Concierge, which provides travel assistance and coordination for any issues that may arise during travel. Customer service is available in different languages.

 Additional Benefits:

• No foreign transaction fees
• No preset spending limits
• Purchase Protection: Cardholdersrecieve protection when an eligible purchase break or suffer damage.
• Entertainment Access: Exclusive access to advance ticket sales for concerts, sports, and other events with Visa Signature®.
• Travel and Shopping: Visa Signature® offers exclusive discounts to cardholders globally at leading hotels, resorts, and retail merchants.

The Perks That Make the LATAM Visa Signature® Card Worthwhile

What are some of the pros that set this card ahead of the rest?

• An Easily Attainable Bonus Offer: The LATAM Visa’s signup bonus of 20,000 points just for using the card for a first purchase is a decent – and easy – reward for new members.
• No Annual Fee for the First Year: Cardholders don’t have to worry about an additional upfront cost.
• Upgrade Coupons: The addition of 3 upgrade coupons for one-way flights each year of membership is a nice feature. This allows members to receive a class boost at no extra cost.
• No foreign transaction fees

Potential Turbulence with the LATAM Visa Signature® Card:

What are some cons that take the wind from beneath this card’s wings?

• Limited Airport Perks: Not many perks to speak of. The LATAM Visa Signature® Card offers very few perks when traveling when compared to other cards.
• No Lounge Access: Many other cards offer complimentary lounge access certificates; not so with the LATAM Visa Signature® Card.
• No baggage allowances

Thoughts Before Takeoff

The LATAM Visa Signature® Card is a solid rewards card for those who frequently travel to or from South America. Members earn double points when booking tickets with LATAM. They also earn 1 point for every other dollar spent using the card. All of this comes with an annual fee of $75. LATAM waives this fee, however, for the first year. Cardholders also receive 20,000 bonus points when they first use their LATAM Visa Signature® Card to make a purchase, and 4,000 points each year on renewal of membership.

LATAM Airlines is a member of the Oneworld airline alliance, meaning LATAM Pass members can sue their Multiplus points to book travel with a variety of different carriers – including Qantas and British Airways – to over 1,000 destinations worldwide.

While there may be better airline cards available – especially in the $75 to $100 annual fee price point – the addition of no annual fee for the first year makes the LATAM Visa Signature® Card a decent option – especially for those who frequently travel to South or Central America. LATAM is the largest carrier in Latin America, meaning the points-earning potential for the frequent traveler is great. These benefits are boosted further by the 3 complimentary one-way upgrades each year of membership, as well as the suite of protections and benefits cardholders can expect from the Visa Signature® program.