Chase
Iberia Visa Signature® Credit Card
Key Features
| Annual Fee | $95.00 |
| Sign-up Bonus | Earn 75,000 Avios |
| Rewards Rate | 1-3 Avios on purchases |
| Regular APR | 19.24Min. of (6.75+12.49) and 29.99%–27.74Min. of (6.75+20.99) and 29.99% 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 (4.2/5.0) and favorable fee structure (4.3/5.0). 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 (1.5/5.0). 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 'Good' credit. This makes it an expensive option for carrying a balance and is a major drawback. 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 airline and hotel purchases
- No foreign transaction fees
- Valuable travel benefits and discounts, including an annual voucher and flight discount
- Purchase and travel protection benefits
- Annual bonus points and non-expiring rewards
Things to consider
- Annual fee applies
- High regular APR
- Rewards are tied to a specific airline loyalty program, limiting flexibility
What this card offers
Sign-up bonuses
- 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
- 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 Iberia flights 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. Activate by Dec 31, 2027.
- Plus, DashPass members get up to $10 off quarterly on non-restaurant DoorDash orders through Dec 31, 2027.
- 2,500 Avios Anniversary Award: You will receive 2,500 bonus Avios points each account anniversary year.
- Avios Don’t Expire Program Requirements: Your Avios will not expire as long as you remain an active member in the Iberia Club Program.