The LATAM Visa Card has an offer for 15,000 Multiplus bonus points when you make your first card purchase. We value these points to be worth around $225. This card comes with an annual fee of $45, so the bonus will pretty much for the annual fee for 5 years.
Designed for the frequent LATAM flyer, the LATAM Visa card falls short when it comes to earning potential and airline perks. It offers an unlimited flat rate of 1x points on all purchases, a 2,000-point bonus every year when you renew your membership and a 10% discount every year on your first LATAM Airlines purchase (up to $500).
For a better deal, consider the slightly higher fee LATAM Visa Signature Card instead.
|Chase Sapphire Preferred® Card 60K Points after $4,000 spend within 3 months.||Citi Premier® Card 80K Points after $4,000 spend within 3 months
|The Platinum Card® from American Express 100K Points after $6,000 spend within 6 months||Capital One Venture Rewards Credit Card 75K Points after $4,000 spend within 3 months|
|American Express® Gold Card 60K Points after $4,000 spend within 6 months||Citi CustomSM Cash Card $200 Bonus after $750 spend within 3 months|
|Chase Freedom FlexSM $200 Bonus after $500 spend within 3 months||Chase Freedom Unlimited® Card earn an additional 1.5% cash back on everything you buy (on up to $20K spent in the first year) - worth up to $300 cash back!|
|Blue Cash Preferred® Card from American Express $350 Welcome Offer after $3,000 spend within 6 months||Blue Cash Everyday® Card from American Express $200 Welcome Offer after $2,000 spend within 6 months|
|Ink Business Preferred® Card 100K Points after $15,000 spend within first 3 months||Ink Business Unlimited® Credit Card $750 Bonus after $7,500 spend within 3 months|
|U.S. Bank Altitude® Go Visa Signature® Card $200 Bonus after $1,000 spend within 90 days||Capital One Quicksilver Cash Rewards Card $200 Bonus after $500 spend within 3 months|
*This LATAM Card is issued by U.S. Bank. and they also offers great sign-up bonuses for its Checking/Savings accounts.
Table of Contents
LATAM Visa Card Summary
|Bonus Available||Get 15,000 bonus points after your first card use.|
|Travel Credit||No travel credit.|
1 point for every $1 spent on all eligible purchases.
Receive 2,000 bonus points every year after you renew your membership.
One 10% discount per 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.|
LATAM Visa 15,000 Bonus Points Offer
Take advantage of the LATAM Visa card’s introductory offer: 15,000 bonus Multiplus Points. My valuation puts these points at around $225 (more on that later).
To qualify, charge your first purchase to your card. There’s no spend amount or time limit to worry about.
What Are LATAM Multiplus Points Worth?
Like many other airline-branded cards, your points’ worth depends on how you use them. Our research revealed a wide range of values from $0.002 to $0.09 per point. On average, each Multiplus Point is worth around $0.015.
You can use your Multiplus Points for:
- Award flights with LATAM Airlines or a partner airline (more on that below)
- Cabin upgrades
- Hotel stays
- Car rentals
For the best value, redeem your Multiplus Points for air travel with LATAM Airlines or one of its airline partners.
LATAM is part of the oneworld airline alliance, so you can redeem your Multiplus Points for award flights on any oneworld member airline:
Oneworld Alliance Airlines
|American Airlines||British Airways||Cathay Pacific|
|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
Get 2,000 bonus points every year when you renew your membership. You’ll see the bonus awarded to your account 6 to 8 weeks after the annual fee is paid.
Receive a 10% discount every calendar year on your first LATAM Airlines purchase. This will automatically appear on your statement as “LATAM Airlines Discount.”
The maximum discount per year is $500.
If you’re a frequent LATAM flyer, you’re better off moving past this Visa card and applying for the LATAM Visa Signature Card version. The extra $30 in annual fees is well worth all the added perks you’ll get.
But if you don’t fly to South America that often, then I’d suggest looking into another credit card that better suits your lifestyle. For more credit cards, see our latest list of the best credit card bonuses!
The editorial content on this page is not provided by any of the companies mentioned, and has not been reviewed, approved or otherwise endorsed by any of these entities. Opinions expressed here are author’s alone.