In an exciting move for frequent flyers and credit card enthusiasts alike, South American aviation giant LATAM Airlines, in collaboration with the innovative financial technology outfit Cardless, has unveiled two co-branded credit offerings. These offerings, dubbed the LATAM Airlines Mastercard and the LATAM Airlines World Elite Mastercard, are being issued in partnership with First Electronic Bank, a known entity in the banking sector.
Devoted LATAM patrons now have the opportunity to augment their travel experience significantly through these cards. Each purchase made earns the spender LATAM Pass Miles, amongst a slew of other perks, particularly appealing for those selecting the variant accompanied by an annual fee.
Delving into the specifics, here’s a closer insight into the LATAM credit card offerings.
1. A duo of LATAM credit cards await
The distinction between the two cards lies primarily in their membership perks and the presence of an annual fee. The LATAM Airlines World Elite Mastercard, the more premium of the two, fetches a broader range of benefits against its no-annual-fee counterpart, the LATAM Airlines Mastercard. A side-by-side comparison reveals:
LATAM Airlines World Elite Mastercard
LATAM Airlines Mastercard
2. Embark on a rapid journey to status elevation
Notably, a portion of the miles amassed on these cards counts towards LATAM Pass Elite status, with different scales of mileage qualification. The LATAM Airlines Mastercard offers a 10% mileage contribution, whereas the LATAM Airlines World Elite Mastercard propels you forward with 20% of the miles earned contributing to your elite status. Prestige within the LATAM Pass Elite tier unlocks access to premium seat selection, priority boarding, class upgrades, and more, enriching your travel saga manifold.
3. Avail exceptional perks with the elite card
In lieu of a $99 annual fee, holders of the LATAM Airlines World Elite Mastercard are privy to a suite of exclusive benefits.
4. A forgiving approach to late payments
These cards are designed with a compassionate stance towards accidental payment lapses by waiving off late fees and penalty APRs. However, it’s crucial to maintain regular payment discipline to safeguard your credit score, as delayed payments beyond 30 days post-due are liable to be reported to the credit bureaus.
5. Broaden your mileage earning and redemption horizon
Although LATAM Airlines operates independently of the major airline alliances, it facilitates a seamless mileage earning and redemption process with an array of partner airlines. This elite cadre includes top-tier operators like Delta Air Lines, Alaska Airlines, and other reputed international carriers such as AeroMexico, Lufthansa, British Airways, Qantas, and Iberia. Despite the exclusivity on earning miles with Virgin Atlantic flights, redemption remains an exception.
As the journey of exploring the multifaceted benefits of the LATAM Airlines credit cards wraps up, these offerings stand out as exceptional allies for those seeking to enhance their air travel experience. With a thoughtful assembly of benefits aimed at rewarding purchases, accelerating elite status qualification, and availing premium perks, LATAM, in concert with Cardless and First Electronic Bank, positions these cards as indispensable tools for the modern traveler. Whether you’re a frequent flyer with LATAM or a traveler looking to maximize your travel rewards, these cards present a compelling proposition. So, the next time you’re plotting the course of your aerial adventures, consider how a LATAM Airlines credit card could amplify your travel narrative, ensuring each mile flown is as rewarding as the destinations explored. For aficionados of the latest in credit card trends and financial technologies, embarking on the
