[Expired] TAP Air Portugal Launches New U.S. Credit Card [Earn Up To 60,000 Miles!]

Update:The offer mentioned below has expired and is no longer available.

There’s a new miles-earning credit card on the horizon.

Portuguese flag carrier TAP Air Portugal is launching the TAP Miles&Go American Express^® Card from Cardless — a San Francisco-based fintech company.

“With Portugal growing as a popular travel destination, we are delighted to partner with TAP Air Portugal, a renowned name in the airline industry, to unveil this credit card to the U.S. market,” said Michael Spelfogel, president and co-founder of Cardless.

Here’s the inside scoop on the newest miles-earning credit card.

New TAP Air Portugal Amex Card Details

Like many credit cards these days, the new TAP Miles&Go Amex Card comes with an annual fee. But at $79 per year, this is at the lower end of the scale.

Now the bad news is out the way, you’ll be pleased to know there’s a potential welcome bonus offer of 60,000 miles. After spending $2,500 in the first 90 days of card ownership, all card members will earn 40,000 bonus miles. However, Cardless is offering an additional 20,000 bonus miles to those who spend at least $2,500 before November 30, 2023.

Additionally, miles are up for grabs anytime something is purchased. For example, booking flights directly with TAP will earn cardholders 3x Miles&Go miles per $1 spent. TAP Miles&Go Amex card holders also earn 2x miles per $1 spent on rideshares, hotels, and car rentals, as well as 1x miles on all other eligible purchases.

The card also comes with perks such as preferred boarding, 2x lounge access passes annually, and 2x free checked bags per year.

Finally, for every 5 miles earned from spending (up to 10,000 miles per year), cardholders will earn 1 status mile, which will help towards building elite status with TAP Air Portugal and its Star Alliance partners.

Is the TAP Miles&Go Amex Card Worth It?

If you fly frequently between the U.S. and Portugal or beyond into TAP’s network in Europe and Africa, this card could be worth considering.

Currently, Capital One Miles and Marriott Bonvoy are the only major transfer partners to the TAP Miles&Go loyalty program. With the launch of this new cobranded credit card, it’s great that there’s a new (and easier) way to earn TAP miles.

But if you’re in the market for a travel rewards card, the Capital One Venture X Rewards Credit Card, the Capital One Venture Rewards Credit Card, or the Capital One VentureOne Rewards Credit Card are all far better picks, as you can transfer your miles to a 1:1 ratio to TAP Air Portugal.

Need some ideas on how to redeem TAP Air Portugal miles? You can fly nonstop between San Francisco (SFO) and Lisbon (LIS) in TAP’s business class for 100,000 miles, so it’s worth taking a look at the card if you’re saving up for a specific redemption in mind.

Final Thoughts

If you’re in the market for a new credit card and travel frequently to Portugal or beyond to Europe and Africa, then the new TAP Miles&Go Amex card could be the one for you.