| Last updated on October 13th, 2023
LATAM Airlines World Elite Mastercard
LATAM Airlines World Elite Mastercard
LATAM Airlines World Elite Mastercard
- 21.24% to 31.24% variable based on creditworthiness and the Prime Rate Regular Purchase APR
At a Glance
The LATAM Airlines World Elite Mastercard hits many of the right notes thanks to an impressive welcome bonus, no hidden fees, and up to 4X miles on purchases. The card also benefits from lounge access, complimentary upgrades, and more – for a $99 annual fee.
- Best Benefits
- Rates & Fees
- Why Should You Apply?
- No foreign transaction fees
- Earn 40,000 miles after spending $2,500 in purchases in the first three months
- Earn 4X miles on LATAM purchases
- Earn 3X miles on dining, plus rideshares, taxis, and public transit
- Earn 1X miles on all other purchases
- Two complimentary LATAM lounge passes each year
- Earn three complimentary upgrades after you pay your $99 annual fee every year
- Regular Purchase APR: 21.24% to 31.24% variable based on creditworthiness and the Prime Rate
- Annual Fee: $99
- You travel to South America often
- You prefer to fly with LATAM Airlines
- You want access to premium perks like airport lounges and upgrades
- You plan to spend at least $2,500 in the first three months
In-Depth Review: LATAM Airlines World Elite Mastercard
The LATAM Airlines World Elite Mastercard from Cardless is a premium airline credit card that lets travelers to and from South American travelers multiply their miles quickly. The credit card offers up to 4X miles on purchases, three upgrade coupons per year, two LATAM Airlines lounge passes each year, and more – all for a $99 annual fee.
Welcome Miles Bonus
New accounts with the premium version of the LATAM Airlines Mastercard can earn 40,000 bonus LATAM Pass miles after spending $2,500 in the first three months. That spending bonus is fairly lucrative – worth almost three flights with LATAM – but carries a significantly higher spend minimum versus the no annual fee version of the credit card.
How to Earn Miles
The LATAM World Elite Mastercard earns 4X miles on LATAM Airlines purchases. However, as with the LATAM Mastercard, those miles aren’t earnable on in-flight or onboard purchases. This loophole is because these services are operated by a third-party vendor, meaning cardholders will earn only 1X miles.
The premium airline credit card earns 3X miles on dining and select travel categories. Cardholders earn two miles per $1 spent on restaurant purchases, plus 3X on ground transportation services, including taxis, trains, and subways. All other purchases with the card earn a single mile (1X) per dollar spent.
These bonus categories offer additional value versus the no annual fee card. That card earns a single point less on all eligible purchases, with the base earning rate remaining 1X miles per $1 spent on purchases.
LATAM Pass miles expire 36 months after they are earned.
Premium Airline Card Comparison
How does the LATAM WE Mastercard compare with other airline credit cards at the same pricepoint? Here is a quick comparison:
 LATAM Airlines World Elite Mastercard® |
 Delta SkyMiles® Gold Amex |
 Alaska Airlines Visa® |
|
| Alliance | SkyTeam | SkyTeam | Oneworld |
| Issuer | Cardless | American Express | Bank of America |
| Annual fee | $99 | $99 ($0/ year one) | $95 |
| Rewards | Earn 4X miles on LATAM purchases, 3X miles on dining, plus select transit, and 1X miles on all other purchases | Earn 2X Miles on Delta purchases, at U.S. Supermarkets and at restaurants worldwide, including takeout and delivery in the U.S. and 1X Miles on all other eligible purchases | Earn 3X miles per dollar spent on Alaska Airlines purchases and 1X on all other purchases |
| Perks | 2X complimentary LATAM lounge passes each year, 3X complimentary upgrades after you pay annual fee each year | First checked bag free, 20% in-flight savings | Annual Alaska’s Famous Companion Fare® on account anniversary, 50% off Alaska Lounge day passes. 1st checked bag, and 20% back on in-flight purchases |
How to Redeem Miles
Redeeming miles through LATAM Pass is easy. The LATAM Pass rewards program is one of the richest in the Americas, thanks to its partnerships with Delta and the SkyTeam Alliance. Points apply to travel with LATAM, LATAM subsidiaries, and LATAM codeshare partners, including their new partnership with Delta – the world’s largest carrier. Points also apply towards seat upgrades, additional baggage allowances, and other associated travel costs with LATAM and LATAM partners.
Beyond flights, points are redeemable towards hotel stays with partners, including Marriott Bonvoy, Hilton Honors, IHG, Hyatt, and more. Points also apply to rental car hires with select partners and merchandise through LATAM retail partners.
Earn LATAM Qualifying Points
Both LATAM credit cards offer the chance to supercharge LATAM Pass Elite status earning. Cardholders with a premium World Elite Mastercard version of the card acquire QP at a rate of 20% of miles earned on qualifying purchases. LATAM caps this rate to 7,000 QP per calendar year.
Qualifying points apply towards elite tier status in the LATAM Pass frequent flyer program, part of the SkyTeam Alliance. Here is what you can expect from each tier in the LATAM Pass program:
| Gold | Platinum | Black | Black+ | |
|---|---|---|---|---|
| Courtesy upgrades w/ coupon | ✅ | ✅ | ✅ | ✅ |
| LATAM+ seat | – | ✅ | ✅ | ✅ |
| Seat selection | – | ✅ | ✅ | ✅ |
| LATAM lounges | – | ✅ | ✅ | ✅ |
| Other lounges | – | ✅ | ✅ | ✅ |
| Premium boarding | ✅ | ✅ | ✅ | ✅ |
| Special services | – | – | – | ✅ |
| Same day postpone | – | ✅ | ✅ | ✅ |
| Same day intl. postpone | – | – | ✅ | ✅ |
Premium Travel Perks
perks. These travel benefits include the following:
- Upgrade Coupons: Cardmembers receive three upgrade coupons each year after paying their $99 annual fee. These coupons are useable for requesting an upgrade from Plus or Top economy fares to Premium Business class on LATAM flights.
- LATAM Lounge Access: Cardmembers also yearly enjoy two complimentary LATAM Airlines lounge passes. These passes are good for two entries into any eligible LATAM lounge – twice for yourself or once with a guest.
LATAM Credit Card Comparison
Not sure which LATAM credit card is right for you? Here is a quick breakdown of both Cardless credit card offers:
| LATAM Airlines Mastercard | LATAM Airlines World Elite Mastercard | |
|---|---|---|
| Annual fee? | None | $99 |
| Earning rate | Up to 3X miles | Up to 4X miles |
| Lounge access? | N/A | 2 visits per year |
| Upgrade certificates? | N/A | 3 per year |
Other Card Features
Other notable features of Cardless’ LATAM World Elite Mastercard include:
- No foreign transaction fees
- No late fees
- $99 annual fee
The LATAM Card also features Mastercard World Elite protections and benefits. These benefits include the following:
| Zero Liability Protection | Airport Concierge | Cell Phone Protection |
| Mastercard Global Services | Priceless Experiences | Lyft Credits |
| ID Theft Protection | Priceless Golf | Mastercard Travel Services |
| Mastercard Hotel Stay Guarantee | ShopRunner Membership | Hello Fresh Savings |
Cardless Ratings
What is Cardless like to live with as a fintech and financial services company? Here is a wide selection of expert and consumer reviews for the company:
| BestCards | Better Business Bureau | TrustPilot |
|
4/5 |
3.5/5 |
3.5/5 |
Should You Apply for the LATAM Airlines World Elite Mastercard?
Overall, there is plenty to like about the LATAM World Elite Mastercard. The card’s $99 annual fee is fair, especially given the complimentary upgrades and lounge passes each year. Typically, airport longe access costs around $40 per person, per visit, so the annual fee is recouped with those passes – and that doesn’t even mention the welcome offer or the three upgrade coupons.
With everyday use, the Cardless airline card provides solid value that slightly exceeds the no annual fee version of the card. But that earning rate isn’t going to be what drives applications with this card – that will come from the lucrative welcome bonus and those upgrade coupons.
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