Chase
Iberia Visa Signature® Credit Card
Key Features
| Annual Fee | $95.00 |
| Sign-up Bonus | Earn 75,000 Avios |
| Rewards Rate | 1x-3x Avios |
| Regular APR | 19.24%–27.74% variable APR. |
| Network | Visa |
About this card
The Iberia Visa Signature® Credit Card receives a 'Good' overall rating of 3.8 out of 5.0. This card is an excellent product for its specific target audience: frequent flyers of Iberia, British Airways, and Aer Lingus who can fully leverage the Avios reward program. Its strengths lie primarily in its very strong rewards program and favorable fee structure. The card offers a generous sign-up bonus of 75,000 Avios, competitive earning rates on airline and hotel purchases (3x and 2x Avios respectively), and valuable travel perks like a 10% discount on Iberia flights and no foreign transaction fees. The $95 annual fee is well-justified by these benefits for the right user. It is backed by Chase, ensuring a strong and reliable issuer reputation. However, the card is significantly hampered by its 'Poor' APR rating. It lacks an introductory APR period, and its regular variable APR of 19.24%–27.74% is notably high, especially for a card targeting individuals with 'Very Good' credit. This makes it an expensive option for carrying a balance. While the niche nature of Avios redemptions means it's not a universal travel card, for those committed to the Avios ecosystem, its benefits largely outweigh its costs, provided balances are paid in full monthly. The strong positive aspects for its intended user base elevate its rating despite the severe APR drawback, as many travel cardholders prioritize rewards and travel benefits over interest rates by avoiding carrying a balance.
Pros & Cons
What's great
- Generous sign-up bonus
- High rewards rate on travel purchases
- No foreign transaction fees
- Valuable travel discounts and benefits
- Purchase protection and extended warranty
- Complimentary DoorDash DashPass membership
Things to consider
- Annual fee
- No intro APR period
- High regular APR
What this card offers
Sign-up bonuses
- Earn 75,000 Bonus Avios
- Earn 75,000 Avios after you spend $5,000 on purchases within the first 3 months of account opening.
Rewards
- Earn 3 Avios for every $1 spent on Iberia, British Airways, and Aer Lingus flight purchases.
- Earn 2 Avios for every $1 spent on hotel accommodations booked directly with the hotel.
- Earn 1 Avios for every $1 spent on all other purchases.
Other features
- $1,000 Airfare Discount Voucher each calendar year
- Earn a discount voucher of $1,000 to use toward two tickets on the same Iberia flight for each calendar year you make purchases of $30,000 on your card.
- Get a 10% discount on airfare
- Use your Iberia Visa Signature Card to book your flight on the website provided in your welcome materials.
- No foreign transaction fees
- Baggage Delay Insurance
- Reimburses you up to $100 a day for up to 3 days for essential purchases like toiletries and clothing when baggage is delayed over 6 hours.
- Purchase Protection
- Covers your eligible new purchases for 120 days from the date of purchase against damage or theft up to $500 per item.
- Lost Luggage Reimbursement
- Provides reimbursement up to $3,000 per covered traveler for the cost to repair or replace checked or carry-on baggage that is lost, damaged or stolen during a covered trip.
- Extended Warranty Protection
- Extends the time period of the manufacturer's U.S. warranty by an additional year, on eligible warranties of three years or less, up to four years from the date of purchase.
- Contactless - Just Tap To Pay
- For fast, easy and secure checkout simply tap to pay where you see the Contactless symbol.
- Apply for a card, use it the same day
- Receive instant access to your card by adding it to a digital wallet, like Apple Pay, Google Pay or Samsung Pay.
- DoorDash
- Get one-year complimentary DashPass, membership for both DoorDash and Caviar, that provides unlimited deliveries with $0 delivery fees and lower service fees on eligible orders.
- Plus, DashPass members get up to $10 off quarterly on non-restaurant DoorDash orders through Dec 31, 2027.
- Chase Pay Over Time
- After purchase (formerly My Chase Plan): Pay off an eligible purchase you've already made of $100 or more in smaller, equal monthly payments. No Interest - just a fixed monthly fee with plan durations that range from 3-24 months.
- At checkout: Chase Credit card members may have the option to create a payment plan at checkout on Amazon.com. Orders totaling $50 or more using your eligible Chase credit card at Amazon.com could be eligible for Chase Pay Over Time.
Additional Notes
Travel And Purchase Protection: These benefits are available when you use your card. Restrictions, limitations and exclusions apply. Most benefits are provided by unaffiliated companies who are solely responsible for the administration and claims. There are specific time limits and documentation requirements. For full coverage details, cardmembers can refer to their Guide to Benefits, provided after account opening, or call the number on the back of their card for assistance. Specific limitations apply to New York residents: Lost Luggage Reimbursement – additionally limited to $2,000 per bag and $10,000 for all covered travelers per trip. Purchase Protection – coverage period is 90 days from the date of purchase.