LATAM Airlines World Elite Mastercard
By Alex Compton · Last verified
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)
Current offer note: Public offer confirmed unchanged
Historical Offers Chart
Every public offer change we've tracked. Hover for details, timing your application is worth hundreds of dollars.
| Observed | Offer | Requirement | What changed | Evidence |
|---|---|---|---|---|
| 2026-10-12 | 40,000 | $2,500 in 3 mo | Terms reconfirmedPublic offer confirmed unchanged | Cardless LATAM Airlines cards page → |
| 2026-06 | 40,000 | $2,500 in 3 mo | Terms reconfirmed | Archive record · no attached snapshot |
| 2025-06 | 40,000 | $2,500 in 3 mo | Earliest record | Archive record · no attached snapshot |
Primary-source verification log
Append-only evidence ledger- confirmed
40,000 miles after $2,500 in three months, $99 fee, 4x/3x/3x/1x earning and no foreign fee confirmed; no-fee sibling still 15,000 after $1,000.
Cardless LATAM Airlines cards page →
Source checked 2026-10-12 · spot an outdated offer? Report a correction above.
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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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