Cardless and LATAM Airlines Launch Two Co-Branded Credit Cards

“Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed or approved by any of these entities.”

Earlier this year, the FinTech Cardless announced plans to launch a co-branded credit card in partnership with LATAM Airlines. Today, the companies unveiled the finished product, which happens to be two card options: the LATAM Airlines Mastercard and the LATAM Airlines World Elite Mastercard. Both of these cards will earn LATAM Pass Miles that can be redeemed for LATAM Airlines flights as well as for flights on partner airlines such as Delta.

Starting with the LATAM Airlines Mastercard, the no-annual-fee card will earn 3 miles per dollar spent on LATAM purchases plus 2x miles at restaurants, 2x miles on ground transportation, and 1x miles on everything else. Plus, 10% of miles earned from purchases will qualify toward earning Elite status.

Turning to the LATAM Airlines World Elite Mastercard, the card comes at a $99 annual fee but increases earning rates in multiple categories. With this card, customers will earn 4x miles on LATAM purchases, 3x miles at restaurants, 3x miles on rideshare/taxi/public transit, and 1x on all other purchases. In this case, 20% of miles earned using the card will qualify toward Elite status. Additionally, the LATAM Airlines World Elite Mastercard includes extra perks such as two LATAM Lounge Access passes per account year, three upgrade coupons per calendar year, and more.

Best Travel Credit Cards

For the complete list of travel rewards credit cards with all of the latest offers click below.

Get Rewards

In terms of welcome bonuses, both card options will give new cardholders the opportunity to earn extra miles when they meet a minimum spending limit. For the LATAM Airlines Mastercard, customers can earn a 15,000-mile bonus when they spent just $1,000 on the card within their first three months. As for the LATAM Airlines World Elite Mastercard, cardholders can score 40,000 bonus miles after spending $2,500 in purchases within their first three months from account opening.

Commenting on the new cards, Cardless president and co-founder Michael Spelfogel said in a statement, “We’re seeing record high numbers for travel this year and it’s no surprise people want generous travel benefits with their credit cards. Through our collaboration with LATAM Airlines, we’re excited to launch two separate credit card products, giving travelers access to the perks and rewards most relevant to their travel lifestyle.”

Meanwhile, LATAM Airlines Group’s Chief Commercial Officer Marty St. George said of the offerings, “As the largest airline group in South America, LATAM is the logical solution for travel anywhere on our beautiful continent. Whether you are visiting the beaches of Brazil, the wonders of Machu Picchu, or the natural beauty of Patagonia, LATAM is your best choice. And with the new LATAM credit card, customers can earn miles towards award flights and more.”

Overall, the LATAM Airlines cards from Cardless are interesting for a few reasons. For one, it’s interesting to see Cardless expanding beyond its sports team roots and releasing a card that earns a different currency (in this case LATAM Pass Miles). Additionally, with a modest annual fee, some great perks, and an attainable welcome bonus, the LATAM Airlines World Elite Mastercard could be worth taking a shot on. At the same time, if you’re not a LATAM flyer, you will surely want to do your research on how to turn your Pass Miles into flights on partner airlines or on other ways to redeem your miles before applying.

DyerNews has partnered with CardRatings for our coverage of credit card products. and CardRatings may receive a commission from card issuers.” (Note: advertising relationships do not have any influence on editorial content. Advertising compensation allows to provide quality content for free. All editorial opinions are those of the individual author and/or Dyer News.)

Leave a Reply

Your email address will not be published.


Jonathan Dyer

I'm a small town guy living in Los Angeles looking to make solid financial decisions. I write for a number of finance websites, including HuffingtonPost and Business2Community. I founded in 2015 to focus on personal finance and the emerging FinTech markets.

Other Articles by Jonathan Dyer

Bilt Rewards Launches Travel Portal with Benefits for Cardholders

Last year, the startup Bilt made a splash when it announced a new service that would reward users for paying their rent. That premise was then expanded upon with the launch of the Bilt Mastercard, which is issued by Wells Fargo. Now, continuing to capitalize on both the hype of their product and the demand for travel, Bilt has debuted another new offering for customers. This week, Bilt Rewards announced...

Cash App Introduces Round-Up Investing Feature for Debit Card

Debit card customers looking to grow their investments gained a new, automated option today as Block Inc. (formerly Square Inc.) officially announced a new feature for its popular Cash App. Now, customers with the Cash App Cash Card can opt into Round Ups as a means of growing their investments. When this feature is toggled on, Cash App will round up debit card purchases to the nearest dollar and invest...

Marqeta Expands Credit Program with New APIs and More

A FinTech that specializes in creating credit card experiences is rolling out some new features. This week, Marqeta announced what it calls a "significant expansion" of its credit platform. This includes more than 40 new credit APIs that will further help clients craft and launch their own credit card products. Additionally, the company notes an updated intuitive dashboard. Using this platform, businesses can create unique card options that can not...