Seeking an adventure in Spain, Ireland or elsewhere in Europe? Chase is debuting two new co-branded airline credit cards that might be worth a look.
The Iberia Visa Signature Card became available March 15, 2018, while the Aer Lingus Visa Signature Card will be unveiled later in the spring. In late 2017, Chase added Spain’s Iberia Airlines and Ireland’s Aer Lingus as Ultimate Rewards® transfer partners.
The credit cards will earn Avios, the rewards currency used by those two airlines, as well as by British Airways, which is also an Ultimate Rewards® transfer partner, and a handful of smaller carriers.
The cards’ rewards structures are similar. Both will earn 3 Avios per $1 spent on Iberia, Aer Lingus, British Airways, LEVEL and OpenSkies purchases, and 1 Avios per $1 on all other purchases. Both cards also will come with an annual fee of $95.
The Iberia Visa Signature Card will also offer cardholders a two-step sign-up bonus of up to 75,000 Avios: 50,000 Avios after spending $3,000 within the first three months of account opening, plus 25,000 Avios after spending $10,000 within the first year of account opening.
Additionally, for every calendar year you spend $30,000 on this card, you can earn a flight discount voucher of $1,000 to use toward two tickets on the same flight. You’ll also get a 10% discount on flights purchased through a dedicated section of the Iberia site using your Iberia Visa Signature Card.
There are no details on whether the forthcoming Aer Lingus Visa Signature Card will feature a sign-up bonus, but Chase says the card will offer a ticket for a companion when a ticket is purchased in economy class, after you spend $30,000 on the card in a calendar year.
Neither card will charge foreign transaction fees, and both will offer an auto rental collision damage waiver, lost luggage reimbursement and purchase protection.
Information related to the Iberia Visa Signature Card and the Aer Lingus Visa Signature Card has been collected by NerdWallet and has not been reviewed or provided by the issuer of these cards.