MastercardLATAM Airlines World Elite Mastercard
The only US card earning LATAM Pass miles, with upgrades baked in.
Welcome Bonus
40,000
≈$400 value
Spend Requirement
$2,500
in 3 months
Annual Fee
$99
No FTF
Credit Score
700+
(Good to Excellent)
Historical Offers Chart
Every public offer change we've tracked. Hover for details, timing your application is worth hundreds of dollars.
Last verified 2026-06-11 · spot an outdated offer? Tell us in the comments.
Earning Rates
- 4xLATAM Airlines purchases
- 3xRestaurants, rideshare, taxis and transit
- 1xEverything else
Credits
No statement credits, this card wins on earn rates, not coupons.
Benefits
- ✦Two courtesy cabin upgrade segments each year
- ✦Two LATAM lounge passes per account year
- ✦Card spend accrues qualifying points toward LATAM Pass elite status at a boosted rate
- ✦No foreign transaction fees
Why it earns its spot
- +Upgrades and lounge passes are unusually generous at $99
- +Only direct US earning route for South America's biggest carrier
Where it costs you
- −LATAM Pass redemption rates are mediocre, around a cent per mile
- −Fintech servicing through Cardless and First Electronic Bank
The Compound Verdict
Since LATAM left oneworld, its US cobrand is the practical way for North Americans to play in the LATAM Pass program. The perks package is the draw: upgrade segments and lounge passes can outvalue the bonus itself on long South America routes. Cardless also offers a no-fee LATAM Airlines Mastercard with a 15,000-mile offer for occasional flyers.
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