The LATAM Visa Signature Card has an introductory offer of: 20,000 bonus Multiplus points when you charge your card for the first time. The value of these 20k points will be worth about $300. This card comes with a $75 annual fee, and the bonus will cover the card’s cost for about 4 years.
LATAM is one of the biggest airlines in South America, made from the 2015 merger of LAN Airlines and TAM Airlines. They include 4 major South American cities such as: Santiago, LIma, Sao Paulo, and Bogota. LATAM Pass used to be a frequent flyer program, but is now Multiplus.
The LATAM Visa Signature card isn’t really the most well known airline branded credit card in the platform. However, for people who go to South America quite often, it’s a great choice for you.
LATAM Visa Signature has offers for 2x points on LATAM airfar and 1x points for other expenses. You can even receive 4,000 bonus points each year once you’ve renewed your membership and a couple other LATAM related perks.
If the $75 annual fee doesn’t match your personal requirements, then you should look into the LATAM Visa instead. They have less benefits included but it will have a smaller price.
LATAM Visa Signature Card Quick Facts
| Bonus Available | Receive 20,000 bonus points once you’ve charged your card for the first time. |
| Bonus Value | $300 |
| Travel Credit | No travel credit. |
| Ongoing Rewards/Benefits | Gain 2 points for each $1 used towardsLATAM Airlines ticket expenses and 1 point for each $1 used towards other qualifying expenses.
Get 4,000 bonus points when you renew your membership every year. Benefit from one 20% discount(up to $1,000) on your first LATAM Airlines purchase each year. Gain a flight points bonus of 25% on LATAM Airlines. Receive 3 one-way upgrade coupons every year on LATAM Airlines. |
| Foreign Transaction Fees? | 2% in USD, 3% in foreign currencies. |
| Airport Lounge Access | None |
| Annual Fee | $75, waived your first year. |
Recommended Free Credit Score (Get Free Score)
720 – 850 (Excellent)
*LATAM Visa Signature is issued by U.S. Bank. Compare this card to other credit card offers.*
Pros
- Bonus points
- Anniversary bonus
- LATAM discount
- Flight points bonus
- Upgrade coupons
- Partner airlines
Cons
- Annual fee
- Excellent credit needed to qualify
- 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 Signature 20,000 Bonus Points Offer
Make use of the LATAM Visa Signature card’s introductory offer of: 20,000 bonus Multiplus Points. The evaluation for these 20k points will be worth about $300 (more on that below).
You must charge your card for the first time to be able to qualify for this offer. There won’t be any spending or time limitations to stress over.
What are LATAM Multiplus Points Worth?
Compared to other airline branded credit cards, depending on how you use your points will reflect their value. Hypothetically, using different booking scenarios has shown a large range of values from $0.002 to $0.09 for each point. Typically, every Multiplus Point will be worth about $0.015, so the 20,000 points will be worth about $300.
Depending on where you decide to go, distance, time, flight, class, etc will make the value of your points differ. If you want to fly to different cities in Brazil, it will normally cost less in USD, this way your points will also be worth a less amount. For international flights and cabin upgrades over Economy will make the cash cost increase. In other words, your points will be worth more this way.
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, redeem your Multiplus Points for air travel with LATAM Airlines or one of their qualified partners. LATAM is apart of the Oneworld Airline Alliance, this way you will be able to redeem your Multiplus Points towards award flights with any of the participating oneworld member airlines:
Oneworld Airline 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 Signature Card Top Features
Receive 4,000 bonus points each year when you’ve renewed your membership. The bonus will be awarded to your account in about 6-8 weeks after you’ve paid for the annual fee.
Get a 20% discount each calendar year towards your first LATAM Airlines purchase. It will immediately show up on your statement as “LATAM Airlines Discount.”
You can get up to no more than $1,000 every year.
Receive 3 LATAM Airlines one-way upgrade coupons each year. If you want to renew this perk, then you will have to spend a minimum of $15,000 every calendar year.
Get flight bonus points of 25% on each LATAM Airlines flight. Hypothetically speaking, if you accrue 6,000 points, you’ll receive 1,500 additional points. If you want to renew this perk, then you will have to spend a minimum of $15,000 every calendar year.
Bottom Line
If you tend to travel to South America quite frequently, then the LATAM Visa Siganure Card is a great fit for you. They have double points towards LATAM airfare and some benefits that you’ll be able to enjoy. However, if you don’t normally go to the South at least once every year, then you should consider a different travel rewards credit card.
(Visit LATAM for more information)
What’s the Competition?
There are some of LATAM Visa Signature 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 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. |
