LATAM and Cardless Launch Two Co-Branded Credit Cards
LATAM, the largest airline group in South America, and credit cards startup Cardless, have partnered to offer two new co-branded rewards credit cards. There’s the no-fee LATAM Airlines Mastercard and the LATAM Airlines World Elite Mastercard that has a $99 annual fee.
Created and distributed by Cardless and issued through First Electronic Bank, both cards are available to U.S. consumers, and offer the ability to earn award travel worldwide, Qualifying Points toward LATAM Pass Elite status, no foreign transaction fees, and other perks, including LATAM lounge access and seat upgrades.
Miles can be redeemed to take advantage of LATAM group’s global connectivity and extensive coverage of South America, with over 133 routes to 20 countries, as well as with LATAM’s partner Delta and partner airlines around the world.
New users will easily be able to apply for a Cardless card using their smartphone and, if approved, the virtual card can be delivered to their mobile wallet in seconds. The physical card will carry no card number in order to protect the user from fraud – should the digital-only number become compromised, users will be able to request a new account number through the Cardless mobile app immediately.
LATAM group currently offers travelers the opportunity to earn miles and valuable benefits through LATAM Pass, one of the largest airline loyalty programs in the world, with over 40 million members. In addition, customers will be able to redeem LATAM Pass Miles earned with LATAM Airlines credit cards on all LATAM’s partner airlines, including Delta Air Lines.
LATAM Airlines Mastercard
- Sign-up Bonus: Earn 15,000 LATAM Pass miles after $1,000 spent in first three months
- Earn:
- 3x on LATAM Purchases
- 3x on Restaurants, Ground Transportation
- 1x on Everything Else
- Qualifying Points: Issued at a rate of 10% of miles earned from card purchases (sign-up bonus and promotional miles excluded)
- No Foreign Transaction Fees
- No Annual Fee
- APPLY HERE (scroll to bottom for links to all Cardless cards)
LATAM Airlines World Elite Mastercard
- Sign-up Bonus: Earn 40,000 LATAM Pass miles after $2,500 spent in first three months
- Earn:
- 4x on LATAM Purchases
- 3x on Restaurants, Ground Transportation
- 1x on Everything Else
- Qualifying Points: Issued at a rate of 20% of miles earned from card purchases (sign-up bonus and promotional miles excluded)
- Upgrade Coupons: 3 (LATAM Pass Gold Plus elites and above will not receive additional Upgrade Coupons)
- LATAM Lounge Access: 2 passes per account year
- No Foreign Transaction Fees
- Annual Fee: $99
- APPLY HERE (scroll to bottom for links to all Cardless cards)
Guru’s Wrap-up
These cards were already announced previously, but we had no details about the benefits or the signup bonus. You now have to options to choose from, one with no fee and the other with a $99 annual fee. The LATAM Airlines World Elite Mastercard will be the first Cardless credit card with an annual fee.
If you have a friend or family member that already has a Cardless card, they can invite you to apply, and they’ll earn a referral bonus as well. You can see the full list of Cardless credit cards here, and choose the best one for you.
