Even if you’re not a regular Iberia Airlines customer, you may still want to consider getting the Iberia Visa Signature® Card. Iberia is part of the Oneworld airline alliance and has several additional codeshare partnership agreements, so its Iberia Plus frequent flyer program can be useful for most travelers.
One of the best ways to rack up Iberia Avios points is with the Iberia Visa Signature® Card. Below are the underrated reasons why this card might be a great fit for you. But first, a few of its better-known perks.
» Learn more: Your guide to airline alliances
The well-known reasons
Welcome bonus: There’s something to love about this card right from the start. Earn up to 100,000 bonus Avios. Earn 50,000 bonus Avios after you spend $3,000 on purchases within the first 3 months of account opening. Plus earn an additional 50,000 bonus Avios after you spend $20,000 on your purchases within your first year of account opening.
Bonus miles on flight and hotel purchases:
Earn 5 Avios per $1 spent on purchases with Iberia, British Airways, Aer Lingus, and LEVEL within your first 12 months from account opening, thereafter earn 3 Avios.
Earn 3 Avios per $1 spent on hotel accommodations when purchased directly with the hotel within your first 12 months from account opening, thereafter earn 2 Avios.
No foreign transaction fees: Other cards often charge around 3% in foreign transaction fees, so this benefit can help you save if you travel internationally.
$1,000 discount voucher each calendar year
One of the best benefits of the Iberia Visa Signature® Card is that each year cardholders make purchases of $30,000 on the card, they earn a discount voucher for $1,000 to use toward two tickets on the same flight in the same booking class. This amounts to an extra 3.3% back in rewards on the first $30,000 spent.
Avios are very flexible
Iberia Airlines is part of a strong partnership with British Airways and Aer Lingus that allows members to transfer Avios freely between the programs so that they can book whichever airline will give them the best value for their miles.
Access to valuable Chase Offers
When you hold a Iberia Visa Signature® Card, you can add special Chase Offers to your card for savings at specified merchants. After making a qualifying purchase with an enrolled card, a statement credit will be applied to the account.
10% discount on Iberia flights
Cardmembers get a 10% discount on Iberia flights — a nice benefit for anyone who regularly flies Iberia Airlines. To take advantage of the discount, book at Iberia's special webpage and pay with the Iberia Visa Signature® Card.
Damage and theft purchase protection
If you purchase an item with your card and it’s damaged or stolen within 120 days, Chase covers you up to $500 per claim and $50,000 per account.
Other travel perks
The Iberia Visa Signature® Card offers travelers a few other useful perks, like baggage delay insurance, lost luggage reimbursement and secondary insurance coverage on car rentals.
The bottom line
The Iberia Visa Signature® Card offers a valuable welcome bonus along with a bunch of other useful benefits for a mid-range annual fee of $95. Even if you’re not a frequent Iberia customer, this card can be worth considering for the perks and certainly the welcome bonus.
How to Maximize Your Rewards
You want a travel credit card that prioritizes what’s important to you. Here are our picks for the best travel credit cards of 2021, including those best for:
Airline miles and a large bonus: Chase Sapphire Preferred® Card
No annual fee: Wells Fargo Propel American Express® card
Flat-rate rewards with no annual fee: Bank of America® Travel Rewards credit card
Premium travel rewards: Chase Sapphire Reserve®
Luxury perks: The Platinum Card® from American Express
Business travelers: Ink Business Preferred® Credit Card