February 5, 2023

U.S. Bank LANPASS Visa Signature Card Review

LATAM Visa Signature Card Benefits

The LATAM Visa Signature Card offers cardholder benefits that include:

  • Annual 20% discount on a LATAM Airlines purchase (savings up to $1,000)
  • One-way upgrade coupons (three each year)
  • Travel and emergency assistance services
  • Auto rental collision damage waiver
  • Travel accident insurance
  • Concierge service

Maximizing Rewards

The LATAM Visa Signature Card earns two points per dollar on LATAM Airlines purchases, so you will earn the highest rate of rewards when making purchases with the airline. All other purchases earn one point per dollar. After your first purchase, you will earn 20,000 bonus points and you’ll earn 4,000 bonus points each year when you renew your card.

Comparison to Other Cards

Annual fee: There is a $75 ($0 first year) annual fee for the LATAM Visa Signature Card. The Chase Sapphire Preferred Card has a $95 annual fee.

Rewards: The LATAM Visa Signature Card earns two points per dollar with LATAM Airlines and one point per dollar on all other purchases. The Chase Sapphire Preferred Card offers three points per dollar on dining at restaurants, two points per dollar on travel and one point per dollar on all other purchases.

Sign-up bonus: You’ll earn 20,000 points after your first purchase with the LATAM Visa Signature Card. With the Chase Sapphire Preferred Card, cardholders can earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That’s $750 when you redeem through Chase Ultimate Rewards®.

Benefits: Cardholders of the LATAM Visa Signature Card can take advantage of travel and emergency protection services, an auto rental collision damage waiver, travel accident insurance and concierge service. Chase Sapphire Preferred Card benefits include trip cancellation and interruption insurance, an auto rental collision damage waiver, travel and emergency assistance services, purchase protection and extended warranty coverage.

Annual fee: You’ll pay a $75 ($0 first year) annual fee for the LATAM Visa Signature Card. There is a $69 annual fee for the Southwest Rapid Rewards Plus Credit Card.

Rewards: The LATAM Visa Signature Card earns two points per dollar on LATAM Airlines purchases and one point per dollar on all other purchases. The Southwest Rapid Rewards Plus Credit Card earns two points per dollar on Southwest purchases, two points on local transit and commuting, including rideshare, and two points on internet, cable, and phone services, and select streaming. All other purchases earn one point per dollar.

Sign-up bonus: With the LATAM Visa Signature Card, you will earn 20,000 bonus points after you make your first purchase. With the Southwest Rapid Rewards Plus Credit Card new cardholders can earn 75,000 bonus points after spending $3,000 on purchases in the first 3 months.

Benefits: LATAM Visa Signature Card holders get access to travel and emergency protection services, an auto rental collision damage waiver, travel accident insurance and concierge service. Benefits offered by the Southwest Rapid Rewards Plus Credit Card include baggage delay insurance, lost luggage reimbursement, extended warranty protection and purchase protection.

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