The LATAM Visa Signature Card has an offer for 20,000 Multiplus bonus points when you make your first card purchase. We value these points to be worth around $300. This card comes with an annual fee of $75, so the bonus will pretty much for the annual fee for around 4 years.
Designed for the frequent LATAM flyer, the LATAM Visa Signature card is designed for those who frequently travel to South America. It offers 2X points on LATAM airfare and 1X points for all other purchases. You’ll also get 4,000 bonus points every year after you renew your membership and a few other LATAM-related benefits.
If the $75 annual fee is a little to steep and you can’t make use of all of the benefits, consider the fee LATAM Visa Card instead.
| Ink Business Preferred® Card 90K Points after $8,000 spend within first 3 months | Ink Business Unlimited® Credit Card $750 Bonus after $6,000 spend within 3 months |
| Capital One Venture X Business 150K Miles after $30,000 spend within 3 months | Ink Business Cash® Credit Card Up to $750 Bonus: Earn $350 after $3,000 spend in the first 3 months and an additional $400 with $6,000 spend in the first 6 months. |
| Chase Sapphire Preferred® Card 60K Points after $4,000 spend within 3 months. | Chase Freedom FlexSM $200 Bonus after $500 spend within 3 months |
| The Platinum Card® from American Express 80K Points after $8,000 spend within 6 months. Terms Apply. | Capital One Venture Rewards Credit Card 75K Points after $4,000 spend within 3 months |
| American Express® Gold Card 60K Points after $6,000 spend within 6 months. | Chase Freedom Unlimited® Card $200 Bonus after $500 spend within 3 months |
| Blue Cash Preferred® Card from American Express $250 Welcome Offer after $3,000 eligible spend within 6 months. Terms Apply. | Blue Cash Everyday® Card from American Express $200 Welcome Offer after you spend $2,000 in purchases on your new Card within the first 6 months. Terms Apply. |
| Chase Sapphire Reserve® Card 60K Points after $4,000 spend within 3 months. | 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.
LATAM Visa Signature Card Summary
| Bonus Available | Get 20,000 bonus points after your first card use. |
| Bonus Value* | $300 |
| Travel Credit | No travel credit. |
| Ongoing Rewards/Benefits |
Earn 2 points for every $1 spent on LATAM Airlines ticket purchases and 1 point for every $1 on all other eligible purchases. Receive 4,000 bonus points when you renew your membership every year. Enjoy one 20% discount(up to $1,000) on your first LATAM Airlines purchase every year. Get 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. |
(Visit Latam to learn more)
LATAM Visa Signature 20,000 Bonus Points Offer
Take advantage of the LATAM Visa Signature card’s introductory offer: 20,000 bonus Multiplus Points. My valuation puts these points at around $300 (more on that below).
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 |
| 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
Get 4,000 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.
Get 3 LATAM Airlines one-way upgrade coupons every year. To renew this benefit, you have to spend at least $15,000 each calendar year.
Receive a flight points bonus of 25% on every LATAM Airlines flight. For example, accrue 6,000 points and you’ll get 1,500 extra points. To renew this benefit, you have to spend at least $15,000 each calendar year.
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Bottom Line
If you fly to South America often, the LATAM Visa Signature Card is a worthy consideration. It offers double points for LATAM airfare, plus a handful of useful perks. But if you’re not going south of the border at least once a year, I suggest you look into another travel rewards card instead.
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.