In late March it was announced that Cardless had partnered with LATAM to offer a credit card. They are actually launching two credit cards and details are as follows:
LATAM Airlines Mastercard
- Annual Fee: $0
- Sign-up Bonus: 15,000 miles after $1,000 spent in first three months
- Card earns at the following rates:
- 3x per dollar spent on LATAM purchases
- 2x per dollar spent on Restaurants, Ground Transportation purchases
- 1x points per $1 spent on all other purchases
- Qualifying Points: Issued at a rate of 10% of miles earned from card purchases
- No foreign transaction fees
LATAM Airlines World Elite Mastercard
- Annual Fee: $99
- Sign-up Bonus: 40,000 miles after $2,500 spent in first three months
- Card earns at the following rates:
- 4x per dollar spent on LATAM purchases
- 3x per dollar spent on Restaurants, Ground Transportation purchases
- 1x points per $1 spent on all other purchases
- Qualifying Points: Issued at a rate of 20% of miles earned from card purchases
- 3 Upgrade Coupons
- LATAM Lounge Access: 2 passes per account year
- No foreign transaction fees
Our Verdict
The qualifying points bonus doesn’t work on the sign up bonus or promotional points. Only really the World Elite card is worth considering due to the 40,000 point sign up bonus.
