Iberia Visa Signature Credit Card Review 2024
09.02.2024 - 10:46
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Earn 1-3 Avios points per dollar on purchases.
21.49% - 28.49% Variable
Earn 75,000 Avios
Good to Excellent
The Iberia Visa Signature® Card has a strong welcome bonus and benefits that include discounts and an annual $1,000 flight voucher for two. It's a unique travel credit card that serves many more than just Iberia flyers.
The Iberia Visa Signature® Card earns rewards that can take you just about anywhere. The points you accrue with this card can be used for flights on American Airlines, Alaska Airlines, Qatar Airways, and many more.
The card is currently offering a sizable welcome bonus, and it's a good pick if Avios are part of your points and miles strategy — but be sure to look at other elevated credit card welcome offers as well if you prefer flexibility.
The Iberia Visa Signature® Card comes with a $95 annual fee and does not charge any foreign transaction fees. You can get a 10% discount on flights when you use your card to book at Iberia.com/Chase10, and you can also get a $1,000 airfare discount voucher each year you spend $30,000 or more on your card, though the voucher is only valid when you book two tickets on the same flight.
It's important to note that this card is restricted by Chase's 5/24 rule, meaning you won't be approved if you've opened five or more credit cards in the last 24 months across all issuers (most small-business cards don't count towards this total).
This means that you need to seriously consider not only whether this is a good offer, but whether earning Avios is the best option for your points and miles strategy.
If you prefer earning flexible points but still want the ability to use Avios, you could consider opening a card that earns transferable Chase Ultimate Rewards® points, because all three of these airlines are Chase transfer partners. For example, the Chase Sapphire Preferred® Card is currently offering a bonus of 60,000 bonus points after you spend $4,000 on purchases in the first three months from account opening — and with this card, you'll have more options for redeeming rewards.
Do you know what "Avios" are?
While you might know them as the frequent flyer currency of major Oneworld airline British Airways, Avios are also used by some of its sister airlines — namely, Iberia, Aer Lingus, and Qatar Airways. Each airline has a slightly different flavor of Avios for its particular loyalty program, but you can transfer your Avios from one program to another. This gives you more flexibility when