Iberia Visa Signature® Card review

You can earn a $1,000 discount voucher to use toward two tickets on the same flight when you spend $30,000 annually. Plus, a solid welcome bonus makes this a card worth considering if you frequent airlines in the Avios rewards system.

Written by
Jennifer Doss
Why you should trust CardRatings
Miles Card

Iberia Visa Signature® Card

  • Rewards
  • 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.
  • Welcome Bonus
  • Earn 75,000 Avios after you spend $5,000 on purchases within the first three months of account opening.
  • Annual Fee
  • $95
Credit Score: Good/Excellent
on Chase's secure website
Terms and Limitations Apply

Key Features

Editor Analysis:

  • Earn 75,000 Avios after you spend $5,000 on purchases within the first three months of account opening.
  • Use your card to book your flight on iberia.com/Chase10 and you will receive a 10% discount.
  • Earn a discount voucher of $1,000 to use toward two tickets on the same flight for each year you make purchases of $30,000 on your card.
  • You'll get the most out of this card if you regularly travel to Europe. If most of your travel is domestic, you may struggle to offset the annual cost of the card.


Credit Score: credit_score_needed

If you’ve had your eyes set on a trip to Spain, or elsewhere in Europe, the CardName may be the card for you. Iberia is the major airline of Spain, but since it’s part of the Oneworld alliance, you can use this card’s rewards for flights worldwide with other Oneworld airlines.

CardName rewards

With the CardName you earn Avios points, redeemable for flights, hotel rooms, car rentals and other travel expenses.

The value of Avios depends on how you use them, but on average, one Avios point is worth between one to two cents.

This card allows you to earn Avios on an ongoing basis with the following purchases:

  • 3 Avios per dollar spent on Aer Lingus, British Airways, Iberia and LEVEL purchases
  • 2 Avios per dollar spent on hotel accommodations purchased directly with the hotel
  • 1 Avios per dollar spent on all other purchases

Furthermore, new cardholders can earn 75,000 Avios when you spend $5,000 in the first three months of opening an account.

CardName benefits

As a travel-focused credit card, the CardName offers a variety of travel benefits such as contactless payments and no foreign transaction fees. You will also receive a 10% discount on flights booked through iberia.com/Chase10.

One of this card’s most lucrative travel benefits is the $1,000 discount voucher that you can use towards two tickets on the same flight. You are eligible for this voucher every year that you purchase $30,000 on your Iberia card.

Looking for some extra travel protections on your journey? The CardName offers:

  • Baggage delay insurance
  • Lost luggage reimbursement
  • Purchase protection
  • Extended warranty protection
  • Car rental insurance

What are the potential downsides of the CardName?

One drawback of the CardName is its AnnualFees annual fee, which is not waived for the first year like some travel credit cards. Although the welcome bonus will offset this cost the first year, and ongoing rewards have the potential to do so moving forward, the cost of this yearly fee may be a deal-breaker for some.

It’s also important to remember that Chase’s 24/5 rule applies to this card. If you have opened five or more new credit cards within the past 24 months you will likely not be approved for the card.

How does the CardName compare to other cards?

CardName vs. CardName


The CardName is another travel rewards credit card from Chase. British Airways is the sister airline to Iberia, so this card has a lot of similarities to the Iberia card.

They have identical welcome bonuses and spending reward categories. Like the Iberia card, the British Airways card also charges an annual fee of AnnualFees and does not charge foreign transaction fees.

Both cards give you an annual voucher for a companion ticket. The requirements are the same: you must spend $30,000 each year on your card to qualify. However, the Iberia card’s voucher is a set $1,000 discount. With the British Airways card’s voucher, called the Travel Together Ticket, there is no cap to the value of your companion ticket.

Because of the Travel Together Ticket, if you book at least one expensive flight per year or travel business class, you may get more value with the CardName.

CardName vs. CardName


As one of the most popular choices in the world of travel credit cards, the CardName offers many perks that frequent travelers are sure to appreciate.

To start, it offers a welcome bonus of 60,000 points to cardholders once spending $4,000 within the first three months of opening an account. That’s worth $750 toward travel when you redeem through Chase Travel℠!

For travel rewards, the CardName offers 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; a$50 Annual Chase Travel Hotel Credit; plus more.

The points you earn with the CardName are worth 25% more when you redeem them through Chase Travel.

Finally, this card also has a AnnualFees annual fee.

Who is a good fit for the CardName?

If you’re looking for a solid welcome bonus and the ability to rack up rewards on European travel, the CardName may be the card for you.

The Iberia card is most worthwhile for those who frequently fly with Iberia, British Airways, or Aer Lingus. Otherwise, you may reap more value from a general travel rewards card if you want more flexibility in how you earn and redeem rewards for travel.

Although the CardName is often overlooked, with no foreign transaction fees it is a solid choice for earning Avios and traveling internationally.

Our Methodology

Survey methodology: CardRatings commissioned Op4G in September 2023 to conduct surveys among 1,869 cardholders nationwide. CardRatings website analytics from Jan. 1, 2023-Aug. 31, 2023 were used to determine a selection of the most popular cards and additional cards were included to add survey breadth. Responses to each of nine questions were given on a scale of 1-10 and respondents’ scores were then averaged under broad topics. To determine the overall score, responses from questions 1-8 were summed and the answer to “How likely are you to recommend this card to a friend, coworker or family member?” was double weighted. Current Scores reflect scores from the most recent survey (2023); “Past Scores” reflect scores from the 2022 survey.

Disclaimer:The information in this article is believed to be accurate as of the date it was written. Please keep in mind that credit card offers change frequently. Therefore, we cannot guarantee the accuracy of the information in this article. Reasonable efforts are made to maintain accurate information. See the online credit card application for full terms and conditions on offers and rewards. Please verify all terms and conditions of any credit card prior to applying.

This content is not provided by any company mentioned in this article. Any opinions, analyses, reviews or recommendations expressed here are those of the author’s alone, and have not been reviewed, approved or otherwise endorsed by any such company. CardRatings.com does not review every company or every offer available on the market.

Related Articles