LANPASS Visa Credit Card Review | CreditShout

LANPASS Visa Credit Card Review

By Kevin / December 22, 2010

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Verdict: This is another VISA credit card that is sponsored by an airline, in this case LAN Airlines which service Central and South America. If you travel a lot and use LAN Airlines or if you stay at certain hotels, such as The Peninsula at Beverly Hills or Fairmont Hotels or Resorts, you can earn reward points and discounts. The points and discounts are pretty good, if you travel enough to make it worth your while to have such a card.

Overview: The LANPASS Visa Card can be issued as both a signature card (one in which a signature is-supposedly-required for all credit transactions and is intended to be used more as a credit card than a debit card) and a regular card that does not require a signature for credit transactions. Depending on which card you choose, you can earn more rewards points and discounts; however, as mentioned earlier, many of these come only by using the card on LAN Airlines or at different hotels and resorts.

How This Card Works: Depending on whether you choose the Signature card or the regular card, you will be (or should be) required to sign a credit slip or you may not. Both cards give reward points and discounts on LAN tickets and other items. The Signature card rewards points and discounts are higher, plus it offers other benefits that the regular card doesn’t.

Travel and Shopping Benefits:

You can take advantage of upgrades, room selections, and other lodging benefits by staying at specific hotels or resorts. In addition, you can also choose from several travel packages that are featured on the website. The benefits can be obtained by using your LANPASS Signature Visa Card to pay for travel and accommodations costs.

Fees: Both cards have an annual fee; however, it is waived for the first year. After that, the fee is $75 for the Signature card, and $45 for the regular card. Balance transfer fees, convenience check fees, and others are comparable to other credit cards at $5 or 3%, or $5 or 4% depending on the transaction made, as well as other fees.

Pros:

  • The Signature card is a good one to have if you like the added protection of a signature requirement
  • Regular card requires no signature

Cons:

  • Rewards points and discounts are only if certain purchases or transactions are made
The editorial content on this page is not provided by any of the companies mentioned and has not been reviewed, approved or otherwise endorsed by any of these entities. Opinions expressed here are the author's alone. Additionally, the opinions of the commenters are not necessarily the opinions of this site

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