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Iberia Visa Signature Card — Full Review [2024]

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Jarrod West
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Jarrod West

Senior Content Contributor

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Boasting a portfolio of over 20 cards, Jarrod has been an expert in the points and miles space for over 6 years. He earns and redeems over 1 million points per year and his work has been featured in o...
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Juan Ruiz

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Juan has extensive experience in writing and editing content related to credit cards, loyalty programs, and travel. He has been honing his expertise in this field for over a decade. His work has been ...
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Kellie Jez

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Kellie’s professional experience has led her to a deep passion for compliance, data reporting, and process improvement. Kellie’s learned the ins and outs of the points and miles world and leads UP’s c...

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Iberia Visa Signature® Card

Iberia Visa Signature® Card

U.P. Rating
The rating for this card has been determined by our own industry experts who know the in's and out's of credit card products. Bonuses, rewards as well as rates and fees are all taken into account. Compensation from the issuer does not affect our rating. We only recommend products we either use ourselves or endorse.
3.5
Learn More(at Chase's secure site)
  • 75,000 Avios

  • $95

  • 21.49% - 28.49% Variable

  • Good to Excellent (670-850)

Iberia Visa Signature® Card

The Iberia Visa Signature card is a great option for those who travel often with Iberia and its Avios partner airlines.

U.P. Rating
The rating for this card has been determined by our own industry experts who know the in's and out's of credit card products. Bonuses, rewards as well as rates and fees are all taken into account. Compensation from the issuer does not affect our rating. We only recommend products we either use ourselves or endorse.
3.5
Learn More(at Chase's secure site)

The Iberia Visa Signature® Card can be a great option for those who are frequent flyers of the Spanish flag carrier thanks to its combination of benefits and discounts on flight tickets. Plus, your rewards can be redeemed with any of the family of Avios partners including Aer Lingus, British Airways, and Qatar Airways.

Card Snapshot

Welcome Bonus & Info

  • Limited time offer! Earn 75,000 Avios after you spend $5,000 on purchases within the first three months of account opening. Plus, 5x Avios on up to $10k in gas, grocery stores, and dining purchases for first 12 months.
  • Earn 3 Avios per $1 spent on purchases with Iberia, British Airways, Aer Lingus, and LEVEL.
  • Earn 2 Avios per $1 spent on hotel accommodations when purchased directly with the hotel. 5x Avios on up to $10k in gas, grocery and dining purchases for your first 12 months.
  • Save 10% on Iberia flights purchased on iberia.com/Chase10
  • Earn a discount voucher of $1,000 to use toward two tickets on the same flight for each calendar year you make purchases of $30,000 on your card
  • Pay no foreign transaction fees when you travel abroad.
  • Simply tap to pay with your contactless Iberia Visa Signature Card. Just look for the contactless symbol at checkout. It’s fast, easy and secure!
  • Member FDIC

Pros

  • 3x Avios per $1 on Iberia, British Airways, Aer Lingus, and LEVEL flight purchases
  • 2x Avios per $1 on hotel accommodations booked directly with the hotel
  • 1x Avios per $1 on all other purchases
  • 10% discount on Iberia tickets on qualifying flights
  • $1,000 airfare discount voucher each year you make purchases of $30,000 on your card
  • No foreign transaction fees
  • Travel and purchase coverage

Cons

  • $95 annual fee
  • Doesn’t earn transferable rewards

Great Card If

  • You fly with Iberia and its partners frequently
  • You travel between the U.S. and Spain often and want to earn a 10% discount on tickets
  • You’ll spend enough on the card to earn the $1,000 airfare discount voucher

Don’t Get If

  • You rarely fly with Iberia or its partners
  • You want a card that earns transferable rewards

Iberia Visa Signature Card — Is It Worth It?

Those who travel frequently with Iberia and its partners or flyers that travel often between Spain and the U.S. and are looking to score a discount on these flights would likely find that the Iberia Visa Signature card may be worth it for them.

The card doesn’t just help you earn more Avios on all of your spending but also delivers a $1,000 airfare discount voucher each year for those who spend $30,000 or more on the card, solid travel and purchase coverages, and more.

Iberia Visa Signature Card Top Benefits

Iberia Visa Signature Card Travel Benefits

10% Discount on Airfare

One of the best benefits of the Iberia Visa Signature card is the ability to get 10% off economy and business class Iberia tickets.

To use this discount you need to make a round-trip booking through iberia.com/Chase10 and pay with your Iberia Visa Signature card. Better yet, this discount applies on flights commencing on Iberia from any destination. That said, the 10% discount is only applied to the fare portion of your ticket, and is not applied to taxes, fees, and carrier charges.

Either way, if you regularly fly with Iberia, this is an excellent way to save yourself some money on tickets you purchase.

$1,000 Discount Voucher 

While this isn’t an automatic card benefit, as it requires you to spend $30,000 on the card within a calendar year, it is a great perk for those that plan to put that level of spend on their Iberia Visa Signature card.

Once you’ve met the spend requirement, you’ll be sent a $1,000 voucher within 4 to 6 weeks, which can be used on any Iberia purchase for up to 12 months from the date of issue.

Iberia Visa Signature Card Protections

  • Baggage Delay Insurance: Reimburses you for essential purchases like toiletries and clothing for baggage delays over 6 hours by passenger carrier up to $100 a day for 3 days
  • Lost Luggage Reimbursement: If you or an immediate family member check or carry on luggage that is damaged or lost by the carrier, you’re covered up to $3,000 per passenger
  • Purchase Protection: Covers your new purchases made with your card for 120 days against damage or theft up to $500 per claim and $50,000 per account
  • Extended Warranty Protection: Extends the manufacturer’s warranty of items purchased with the card by an additional year, on eligible warranties of 3 years or less

Best Ways To Earn and Redeem Your Iberia Avios

You can earn more Iberia Avios by using your card for as many purchases as possible. Further, you can also earn more Iberia Avios by using Amex credit cards that earn Membership Rewards and Chase credit cards that earn Ultimate Rewards, as Iberia is a 1:1 transfer partner of both programs. Your options don’t end there though, there are tons of great ways to earn Iberia Avios.

When it comes to redeeming your Avios, you’ll have plenty of great options, including great pricing on award tickets between the U.S. and Spain, along with the ability to transfer your Avios between the other Avios partners British Airways, Aer Lingus, and Qatar Airways.

Alternative Cards to the Iberia Visa Signature Card

Chase Sapphire Preferred® Card

POPULAR FIRST CARD
Chase Sapphire Preferred® Card

Chase Sapphire Preferred® Card

U.P. Rating
The rating for this card has been determined by our own industry experts who know the in's and out's of credit card products. Bonuses, rewards as well as rates and fees are all taken into account. Compensation from the issuer does not affect our rating. We only recommend products we either use ourselves or endorse.

A fantastic travel card with a huge welcome offer, good benefits, and perks for a moderate annual fee.

Learn More(at Chase's secure site)

Chase Sapphire Preferred® Card

A fantastic travel card with a huge welcome offer, good benefits, and perks for a moderate annual fee.
Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $750 when you redeem through Chase Ultimate Rewards®.
60,000 points
$1,200
$95
21.49%-28.49% Variable
Upgraded Points credit ranges are a variation of FICO®Score 8, one of many types of credit scores lenders may use when considering your credit cardapplication.
Good to Excellent (670-850)

The Chase Sapphire Preferred® card is one of the best travel rewards cards on the market. Its bonus categories include travel, dining, online grocery purchases, and streaming services, which gives you the opportunity to earn lots of bonus points on these purchases.

Additionally, it offers flexible point redemption options, no foreign transaction fees, and excellent travel insurance coverage including primary car rental insurance. With benefits like these, it’s easy to see why this card is an excellent choice for any traveler.

Pros

  • 5x points on all travel booked via the Chase Travel portal
  • 5x points on select Peloton purchases over $150 (through March 31, 2025)
  • 5x points on Lyft purchases (through March 31, 2025)
  • 3x points on dining purchases, online grocery purchases, and select streaming services
  • 2x points on all other travel worldwide
  • $50 annual credit on hotel stays booked through the Chase Travel portal
  • 6 months of complimentary Instacart+ (activate by July 31, 2024), plus up to $15 in statement credits each quarter through July 2024
  • Excellent travel and car rental insurance
  • 10% annual bonus points
  • No foreign transaction fees
  • 1:1 point transfer to leading airline and hotel loyalty programs like United MileagePlus and World of Hyatt

Cons

  • $95 annual fee
  • No elite benefits like airport lounge access or hotel elite status
  • Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $750 when you redeem through Chase Travel℠.
  • Enjoy benefits such as 5x on travel purchased through Chase Travel℠, 3x on dining, select streaming services and online groceries, 2x on all other travel purchases, 1x on all other purchases, $50 Annual Chase Travel Hotel Credit, plus more.
  • Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase Travel℠. For example, 60,000 points are worth $750 toward travel.
  • Count on Trip Cancellation/Interruption Insurance, Auto Rental Collision Damage Waiver, Lost Luggage Insurance and more.
  • Get complimentary access to DashPass which unlocks $0 delivery fees and lower service fees for a minimum of one year when you activate by December 31, 2024.
  • Member FDIC

Financial Snapshot

  • APR: 21.49%-28.49% Variable
  • Foreign Transaction Fees: None

Card Categories

Rewards Center

Chase Ultimate Rewards

If you’re looking for a card that earns transferable rewards, then the Chase Sapphire Preferred card might be perfect for you.

The card earns 5x points per $1 on purchases made through the Chase travel portal, 3x points per $1 on dining, online grocery purchases, and select streaming services, plus 2x points per $1 on all other travel purchases, and 1x point per $1 on purchases outside of these categories.

You then have multiple redemption options when it comes to your points, including cash-back, travel purchases through the Chase travel portal where they are worth 25% more, or through one of the Chase transfer partners, which includes Iberia.

British Airways Visa Signature® Card

LIMITED TIME OFFER!
British Airways Visa Signature® Card

British Airways Visa Signature® Card

U.P. Rating
The rating for this card has been determined by our own industry experts who know the in's and out's of credit card products. Bonuses, rewards as well as rates and fees are all taken into account. Compensation from the issuer does not affect our rating. We only recommend products we either use ourselves or endorse.

This card is great for British Airways frequent flyers, and traveling couples will find great value in the Travel Together Ticket.

Learn More(at Chase's secure site)

British Airways Visa Signature® Card

This card is great for British Airways frequent flyers, and traveling couples will find great value in the Travel Together Ticket.
Limited time offer! Earn 75,000 Avios after you spend $5,000 on purchases within the first three months of account opening. Plus, 5x Avios on up to $10k in gas, grocery stores, and dining purchases for first 12 months!
75,000 Avios
$937
$95
21.49%-28.49% Variable
Upgraded Points credit ranges are a variation of FICO®Score 8, one of many types of credit scores lenders may use when considering your credit cardapplication.
Good to Excellent (670-850)

The British Airways Visa Signature® Card is a stellar option for travelers who regularly travel with the airline. From all of the Avios the card helps you earn, to a 10% discount off cash tickets, and the award flight statement credits, you can get tons of value out of the card each year.

Pros

  • 3x Avios per $1 on British Airways, Aer Lingus, Iberia, and LEVEL purchases
  • 2x Avios per $1 on hotel accommodations purchased directly through hotels
  • 1x Avios per $1 on all other purchases
  • 10% off British Airways flights starting in the U.S. (when booking through the designated website)
  • Travel Together Ticket after $30,000 in card spend in a calendar year
  • Up to $600 in award flight statement credits each year
  • No foreign transaction fees
  • Baggage delay insurance
  • Lost luggage insurance
  • Purchase protection
  • Extended warranty protection

Cons

  • $95 annual fee
  • Does not earn transferable rewards
  • Limited time offer! Earn 75,000 Avios after you spend $5,000 on purchases within the first three months of account opening. Plus, 5x Avios on up to $10k in gas, grocery stores, and dining purchases for first 12 months!
  • Earn 3 Avios per $1 spent on purchases with British Airways, Aer Lingus, Iberia, and LEVEL.
  • Earn 2 Avios per $1 spent on hotel accommodations when purchased directly with the hotel.
  • 10% off British Airways flights starting in the US when you book through the website provided in your welcome materials.
  • Every calendar year you make $30,000 in purchases on your British Airways Visa card, you’ll earn a Travel Together Ticket good for two years.
  • Pay no foreign transaction fees when you travel abroad.
  • Simply tap to pay with your contactless British Airways Visa Signature Card. Just look for the contactless symbol at checkout. It’s fast, easy and secure!
  • Member FDIC

Financial Snapshot

  • APR: 21.49%-28.49% Variable
  • Foreign Transaction Fees: None

Card Categories

Rewards Center

British Airways Executive Club

If you’re looking to add an Avios earning card to your wallet, but fly more with British Airways than you do Iberia, then the British Airways Visa card is a better option.

It earns rewards at the same rate of 3x Avios per $1 spent on IAG partner flights, 2x Avios per $1 spent on hotel accommodations, and 1x Avios per $1 on all other purchases.

You’ll also enjoy perks such as 10% off British Airways flights starting in the U.S., up to $600 in statement credits towards award tickets, and the ability to earn the British Airways Travel Together ticket if you spend $30,000 on your card in a calendar year.

Frequently Asked Questions

Is the Iberia Visa Signature card worth it?

If you’re someone who flies with Iberia often, then the Iberia Visa Signature card is likely to be worth it to you thanks to thanks rewards, 10% discount on Iberia flights, and other great benefits.

Does the Iberia Visa Signature card have transfer partners?

You can transfer your Iberia Avios to other Avios currency partners at a 1:1 rate. These partners include Aer Lingus, British Airways, and Qatar Airways.

How does the Iberia Visa Signature card 10% discount work?

When you make a round-trip booking through iberia.com/Chase10 and pay with your Iberia Visa Signature card, you’ll receive a 10% discount off the airfare portion of the ticket (but not the taxes and fees) for any Iberia-operated flight. Note that this is not limited to flights to any from the U.S., but any Iberia-operated flight!

Does the Iberia Visa Signature card charge an annual fee?

Yes, the Iberia Visa Signature card has a $95 annual fee.

Does the Iberia Visa Signature card charge foreign transaction fees?

No, the Iberia Visa Signature card does not charge foreign transaction fees.

Jarrod West's image

About Jarrod West

Boasting a portfolio of over 20 cards, Jarrod has been an expert in the points and miles space for over 6 years. He earns and redeems over 1 million points per year and his work has been featured in outlets like The New York Times.

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