The LATAM Visa Card has an introductory offer of: 15,000 Multiplus bonus points when charging your card for the first time. The value of these points will be worth about $225. However, there is an $45 annual fee charge, but the bonus will be able to cover the cards expenses for about 5 years. This fee will be waived in your first year, so this would actually cover your card for about 6 years.
This LATAM Visa card was made for customers who often fly with LATAM, but this card is a little under the standards when it comes to their earning potential and benefits for their airlines. They will offer you an unlimited flat rate of 1x points for all expenses, a 2,000 point bonus each year when your membership has been renewed, and 10% discount each year for your first LATAM Airlines purchase (up to $500).
If you want a better credit card option then you should consider looking into the LATAM Visa Signature Credit Card.
LATAM Visa Card Quick Facts
| Bonus Available | Receive 15,000 bonus points after making your first purchase on your card. |
| Bonus Value | $225 |
| Travel Credit | No travel credit |
| Ongoing Rewards/Benefits | Earn 1 point for each $1 used on qualifying expenses.
Gain 2,000 bonus points each year after having your membership renewed. Get one 10% discount each year on your first LATAM Airlines purchase (up to $500). |
| Foreign Transaction Fees? | 2% in USD, 3% in foreign currencies. |
| Airport Lounge Access | None |
| Annual Fee | $45, waived your first year. |
Recommended Free Credit Score (Get Free Score)
690 – 850 (Good – Excellent)
*LATAM Visa card is issued by U.S. Bank. Compare this card to their credit card bonuses.*
Pros
- Bonus points
- Anniversary bonus
- LATAM discount
- Partner airlines
Cons
- Annual fee
- Good-Excellent credit needed to qualify
- Low earning potential
- Complicated rewards
- Foreign transaction fees
Editor’s Alternate Pick
 The Southwest Rapid Rewards® Premier Credit Card offers a Companion Pass good through 2/28/26 plus 30,000 points after you spend $4,000 on purchases in the first 3 months from account opening. In addition, you'll earn 6,000 bonus points after your Cardmember anniversary each year. You'll earn: • Earn 3X points on Southwest purchases. • Earn 2X points on local transit and commuting, including rideshare. • Earn 2X points on internet, cable, phone services, and select streaming. You're able to redeem your points for flights, hotel stays, gift cards, access to events and more. This card does carry a $99 annual fee, but there are no foreign transaction fee. |
LATAM Visa Card 15,000 Bonus Points Offer
Make use of the LATAM Visa card’s introductory offer of: 15,000 bonus Multiplus Points. The evaluation for these points will be worth about $225 (more on that below).
You must charge your card for the first time to be able to qualify for this bonus points offer. There will not be any spending or time limitations placed on this card.
What are LATAM Miltiplus Points Worth?
Compared to other airline-branded credit cards, depending on how you choose to use your points will reflect their value. With the research conducted using different varieties of bookings, we saw a huge range of values that went from $0.002 to $0.09 for every point. Typically, the average of every Multiplus point will be worth about $0.015. In other words, this means that 15k points will be worth about $225.
Depending on how you book your trips like: destination, distance, time, flight class, etc will make your points differ each time. When you fly to different locations in Argentina for example will usually have a lower price in USD, this means your points have a lower value. For cash, the price increases for international flying and for cabin upgrades over economy. In this scenario, your points will be worth much more.
Your Multiplus points can be used towards:
- Award flights with LATAM Airlines or a partner airline (more on that below)
- Cabin upgrades
- Hotel stays
- Car rentals
To receive the best value for your points, it would be best to redeem your Multiplus points for flying with LATAM Airlines or one of their qualifying airline partners. LATAM is apart of oneworld airline aliance, this means you’ll be able to redeem your Multiplus points towards award flights for oneworld member airlines such as:
Oneworld Alliance Airlines
| American Airlines | British Airways | Cathay Pacific |
| Finnair | Iberia | Japan Airlines |
| Latam | Malaysia Airlines | Qantas |
| Qatar | Royal Jordanian | S7 Airlines |
| SriLankan Airlines | Fiji Airways (oneworld connect) | Royal Air Maroc (future member) |
LATAM also has 2 non-alliance partners: Aeromexico and Alaska Airlines.
LATAM Visa Card Top Features
Receive 2,000 bonus points each year when your membership has been renewed. You will be able to view the bonus that has been rewards to you in your account within 6 to 8 weeks after paying your annual fee.
Gain a 10% discount each calendar year for making your first LATAM Airlines purchase. It will immediately show up on your statement as “LATAM Airlines Discount.”
You’ll be able to receive a max of $500 each year for a discount.
Bottom Line
If you fly with LATAM often, then you should consider getting this visa card and sign up for the LATAM Visa Signature Credit Card option. This will include an additional annual fee of $30, but it is worth the money for their additional benefits you’ll be able to receive.
(Visit LATAM for more information)
What’s the Competition?
There are some of LATAM Visa credit card’s top competitors listed below.
 The Chase Sapphire Preferred® Card offers 100,000 bonus points after you spend $5,000 on purchases in the first 3 months from account opening. You'll earn: • 5x on travel purchased through Chase TravelSM • 3x on dining, select streaming services and online groceries • 2x on all other travel purchases • 1x on all other purchases • $50 Annual Chase Travel Hotel Credit • Get complimentary access to DashPass which unlocks $0 delivery fees and lower service fees for a minimum of one year when you activate by December 31, 2027. Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase TravelSM This card carries a $95 annual fee. |
 The Capital One VentureOne Rewards Card offers 20,000 miles once you spend $500 on purchases within 3 months from account opening, equal to $200 in travel. Enjoy 0% intro APR on purchases and balance transfers for 15 months; 19.24% - 29.24% variable APR after that; balance transfer fee applies You'll earn: • 1.25 Miles per dollar on every purchase, every day. • 5 Miles per dollar on hotels and rental cars booked through Capital One Travel. This card comes with no annual fees and no foreign transaction fees which is a great choice as your go-to travel card! |
 The United Explorer Card offers 50,000 bonus miles after you spend $3,000 on purchases in the first 3 months your account is open. You'll earn: • 2x miles on United® purchases, dining, and hotel stays. • 1x mile on all other purchases Perks of this card include: • Enjoy priority boarding privileges and visit the United Club with 2 one-time passes each year for your anniversary • Free first checked bag - a savings of up to $160 per roundtrip. Terms Apply. • Up to $120 Global Entry, TSA PreCheck or NEXUS fee credit • 25% back as a statement credit on purchases of food, beverages and Wi-Fi on board United-operated flights and on Club premium drinks when you pay with your Explorer Card There is a $0 introductory annual fee for the first year, then $95. Member FDIC |
 The Delta SkyMiles® Gold American Express Card offers 50,000 Bonus Miles after you spend $2,000 in eligible purchases on your new Card in your first 6 months of Card Membership. Delta SkyMiles Gold American Express Card Members get 15% off when using miles to book Award Travel on Delta flights through delta.com and the Fly Delta app. Discount not applicable to partner-operated flights or to taxes and fees. You'll earn: • 2X Miles on Delta purchases, at U.S. Supermarkets and at restaurants worldwide, including takeout and delivery in the U.S. • 1X Miles on all other eligible purchases. • $100 Delta Stays Credit: Get up to $100 back per year as a statement credit after using your Delta SkyMiles Gold American Express Card to book prepaid hotels or vacation rentals through Delta Stays on delta.com. • $200 Delta Flight Credit: After you spend $10,000 in purchases on your Card in a calendar year, you can receive a $200 Delta Flight Credit to use toward future travel. Receive a 20% savings in the form of a statement credit on eligible Delta in-flight purchases after using your Card. Want even more flexibility? Take up to $50 off the cost of your flight for every 5,000 miles you redeem with Pay with Miles when you book on delta.com. You can check your first bag free on Delta flights, saving up to $70 on a round-trip Delta flight per person. For a family of four that's a potential savings of up to $280 per round-trip flight. There is a $150 annual fee ($0 introductory annual fee for the first year, then $150) and no foreign transaction fees. (See Rates & Fees). Now, you'll get get more savings with your first checked bag for free on Delta flights. Terms Apply. |
 The American Express® Gold Card offers 75,000 Membership Rewards® Points after you spend $6,000 on eligible purchases on your new Card in your first 6 months of Card Membership. You'll earn: • 4X Membership Rewards® points per dollar spent on purchases at restaurants worldwide, on up to $50,000 in purchases per calendar year, then 1X points for the rest of the year. • 4X Membership Rewards® points per dollar spent at US supermarkets, on up to $25,000 in purchases per calendar year, then 1X points for the rest of the year. • 3X Membership Rewards® points per dollar spent on flights booked directly with airlines or on AmexTravel.com. • 2X Membership Rewards® points per dollar spent on prepaid hotels and other eligible purchases booked on AmexTravel.com. • 1X Membership Rewards® point per dollar spent on all other eligible purchases. Other benefits: • $120 Uber Cash on Gold: Add your Gold Card to your Uber account and get $10 in Uber Cash each month to use on orders and rides in the U.S. when you select an American Express Card for your transaction. That's up to $120 Uber Cash annually. Plus, after using your Uber Cash, use your Card to earn 4X Membership Rewards points for Uber Eats purchases made at restaurants or U.S. supermarkets. Point caps and terms apply. • $84 Dunkin' Credit: With the $84 Dunkin' Credit, you can earn up to $7 in monthly statement credits after you enroll and pay with the American Express(R) Gold Card at U.S. Dunkin' locations. • $100 Resy Credit: Get up to $100 in statement credits each calendar year after you pay with the American Express(R) Gold Card to dine at U.S. Resy restaurants or make other eligible Resy purchases. That's up to $50 in statement credits semi-annually. Enrollment required. • $120 Dining Credit: Satisfy your cravings, sweet or savory, with the $120 Dining Credit. Earn up to $10 in statement credits monthly when you pay with the American Express(R) Gold Card at Grubhub, The Cheesecake Factory, Goldbelly, Wine.com, and Five Guys. Enrollment required. • Explore over 1,000 upscale hotels worldwide with The Hotel Collection and receive a $100 credit towards eligible charges* with every booking of two nights or more through AmexTravel.com. *Eligible charges vary by property. This card has an annual fee of $325 with no foreign transaction fees (See Rates & Fees). Terms Apply. |
