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Iberia Visa Signature Card Review

The Iberia Visa Signature® Card is designed for travelers who want to earn points for travel purchases and use the card’s perks.

Cardholders of the Iberia Visa Signature® Card can 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.

There is also a sign-up bonus: You’ll earn 85,000 Avios after you spend $5,000 on purchases within the first three months of account opening.

  • Issuer NameChase
  • Credit NeededGood/Excellent
  • Annual Fee$95
  • Regular APR21.49% – 28.49% Variable
  • Penalty APRUp to 29.99%
  • Balance Transfer FeeEither $5 or 5% of the amount of each transfer, whichever is greater.
  • Cash Advance FeeEither $10 or 5% of the amount of each transaction, whichever is greater.
  • Foreign Transaction Fee$0

On Chase’s Secure Website.

  • Don’t mind paying an annual fee. 
  • Want to save 10% on Iberia flights.
  • Can earn the huge sign-up bonus.

Don’t sleep on the Iberia Visa Signature® Card’s welcome offer, discount voucher (if you spend $30,000 in a year) and travel benefits. These features provide a lot of value and more than justify the card’s annual fee.

Editor’s Take

If you don’t want to be tied into using all of your rewards for Iberia flights, one thing to keep in mind is that both Chase Travel and American Express Membership Points transfer to Iberia Plus. For a similar fee on those cards, you’ll have more redemption options and potentially more benefits, depending on the card you choose.

Dawn PapandreaContributor

Cardholders can earn 85,000 Avios after you spend $5,000 on purchases within the first three months of account opening.

With an Iberia Visa Signature® Card, you can maximize rewards by earning the 85,000-point sign-up bonus after you spend $5,000 on purchases within the first three months of account opening. If you spend $30,000 in a year, you’ll receive a $1,000 airfare discount voucher to use toward two tickets on the same flight.

Cardholders 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.

You’ll need to join Iberia Plus, the Spanish carrier’s free customer loyalty program, to redeem points and be recognized with Iberia Plus’ Elite Points. As long as you earn, redeem, purchase or transfer Avios once every 36 months, your points will not expire.

U.S. News rates credit cards by analyzing factors including fees, interest rates and benefits, each weighed against their importance to determine an overall score for each credit card. Consumers can rely on these ratings to provide objective, accurate assessments of credit card choices.

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Sarah Goldberg
Sarah Goldberg

Sarah is a seasoned financial market expert with a decade of experience. She's known for her analytical skills, attention to detail, and ability to communicate complex financial concepts. She holds a Bachelor's degree in Finance, is a licensed financial advisor, and enjoys reading and traveling in her free time.

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