Tag: APR offers

All You Need to Know About the LATAM Visa Signature Card

The LATAM Visa Signature Card is a premier credit card issued by Banco Itau in partnership with LATAM Airlines, designed specifically for frequent travelers seeking exceptional travel rewards and exclusive benefits. Whether you are an avid traveler or looking for a card that complements an on-the-go lifestyle, the LATAM Visa Signature offers a range of features that cater to various needs.

Card Type

This credit card falls under the category of travel rewards cards, making it an ideal choice for those who prioritize earning miles that can be redeemed for flights, upgrades, and other travel-related expenses.

Annual Fee

One thing to note is the annual fee. The LATAM Visa Signature Card has an annual fee of $150. While this may seem steep, the potential rewards and travel benefits can outweigh the costs for frequent flyers.

Rewards Program

With the LATAM Visa Signature Card, cardholders can benefit from a robust rewards program. For every dollar spent, cardholders earn 2 LATAM Pass miles on travel-related purchases and 1 mile on all other purchases. Reward miles can be redeemed for air tickets, seat upgrades, or even travel packages, which offers great flexibility for travelers.

Sign-Up Bonus

New applicants can take advantage of an enticing sign-up bonus. After making your first purchase within the first three months, you can earn 20,000 LATAM Pass miles. This welcome bonus is an excellent way to kickstart your travel plans.

APR (Annual Percentage Rate)

The LATAM Visa Signature Card comes with a regular APR of 18.99%. However, if you are new to credit or at any promotional period, there might be introductory APR offers available that could provide a lower interest rate for a specified period.

Foreign Transaction Fees

Traveling internationally? Great news—the LATAM Visa Signature Card does not charge any foreign transaction fees. This means you can use your card abroad without worrying about incurring additional costs.

Balance Transfer Options

For those looking to consolidate debt, this card offers balance transfer options with an introductory rate of 0% APR for the first 12 months, followed by the regular APR. Keep in mind there is a balance transfer fee of 3% on the transferred amount.

Additional Fees

While the LATAM Visa Signature Card has many benefits, it is essential to be aware of other additional fees. Cardholders may incur a late payment fee of up to $39 and a cash advance fee equivalent to 5% of the amount withdrawn.

Card Benefits and Perks

The card truly shines with its benefits and perks, which include travel insurance to protect against unexpected changes, access to the LATAM Lounge at select airports, and a dedicated concierge service that can assist with reservations and travel planning. Overall, these features add significant value to the cardholder experience.

Customer Protections and Insurance

Cardholders can enjoy strong customer protections, including fraud liability protection and purchase protection, which covers new purchases against theft or damage for up to 90 days. Additionally, the card includes rental car insurance when you use the card to pay for your vehicle rental.

Eligibility and Credit Score Requirements

To qualify for the LATAM Visa Signature Card, applicants typically need a credit score of at least 700. Apart from credit score requirements, factors such as income and credit history will also be assessed during the application process.

Introductory Offers

New cardholders can benefit from attractive introductory offers, including promotional rates on purchases or balance transfers as mentioned earlier. These offers are designed to attract new users and make it easier to manage expenses during the first year.

Special Features or Unique Selling Points

The LATAM Visa Signature Card stands out from the crowd with unique features, such as earning miles for both flight tickets and travel-related purchases. Additionally, the card grants members access to exclusive airline promotions and discounts, ensuring that you get the most value for your spending.

How to Apply

If you’re looking to enhance your travel experience, applying for the LATAM Visa Signature Card is simple. You can complete the application process online by visiting the official website. For more information and to get started, click UpCube.net.