Card Details

Regular APR:	17.74% – 24.74% (Variable)
Intro APR (Purchases):	None
Intro APR (Balance transfers):	None
Rewards Rate:	Earn 1 point for every $1 in eligible net purchases
Credit Needed:	(670 – 850) Good/Excellent
Annual Fee:	None for first year, then $25
Card Brand:	Visa

*See online credit card application for details on the terms and conditions.

Offer Highlights

Click APPLY NOW to apply online
Earn 1 point for every $1 in eligible net purchases
Earn 5,000 bonus points after your first card use
Earn 5,000 bonus points with your annual credit card renewal
$0 intro annual fee the first year; $25 thereafter
10% discount on first LATAM Airlines purchase (up to $500) 1 time per year
When you’ve managed all of your credit obligations responsibly consistently for 12 months, you’ll be well on your way to a strong credit standing, and we may be able to move you to an unsecured credit card product

Is LATAM Visa Secured worth it?

LATAM Visa Secured is a solid card for LATAM travelers looking to build credit. LATAM was formed from the merger of LAN and TAM airlines and most of LATAM’s destinations are in South America. The LATAM Visa Secured Card offers a 10% discount on your first LATAM Airlines purchase – up to $500 – one time per year, you earn 1 point for every $1 in eligible net purchases, and you can also transfer your points to oneworld airline alliance partners.

With LATAM Visa Secured, you can earn rewards with LATAM and build your credit at the same time, for an annual fee of $0 the first year, then $25. After you make on-time payments for 12 months or more, it would be smart to apply for an unsecured card.

Pros

Build your credit
Monthly reporting to all 3 major credit bureaus to establish credit history
10% discount on first LATAM Airlines purchase (up to $500) 1 time per year
Oneworld transfer parterns include American Airlines, British Airways, Japan Airlines and more than 5 more
$0 annual fee the first year, then $25

Cons

Security deposit must be $300 at a minimum
To transfer miles you must pay a fee of $5.60 per 500 miles transferred
No more than 2 transfers can be completed in one year

Why 5 Stars?

Regular APR

4 Stars

Intro APR

4 Stars

Fees

4 Stars

Perks

5 Stars

Overall

4 Stars

Fees

Foreign Transaction Fee	3%
Balance Transfer Fee	Either 3% of the amount of each transfer or $5 minimum, whichever is greater
Cash Advance Fee	Either 4% of the amount of each advance or $5 minimum, whichever is greater
Penalty APR	None

Benefits

$0 Fraud Liability

Auto Rental Collision Damage Waiver

Extended Warranty Program

Travel Accident Insurance

Travel Assistance

Get Started with LATAM Visa Secured

Editorial Note: This content is not provided by the issuer. Any opinion, analyses, reviews, or recommendations expressed on this page are those of the author?s alone, and may not have been reviewed, approved or otherwise endorsed by the issuer.

Credit Cards Research:

Best Credit Cards for 2021
These are the best credit cards for 2021.

Best Credit Cards for Excellent Credit
If you have excellent credit, check out these cards. These are the best cards for excellent credit with travel rewards and cash bonuses.

Best Credit Cards to Pay off Debt
The fastest way to pay off credit card debt is by transferring a balance to a 0% APR credit card. These are the best balance transfer cards on the market.