Iberia Visa Signature® card

Iberia Visa Signature® card Review

This is a rewards card issued by Chase Bank. If you're wondering whether Iberia Visa Signature® card is the right card for you, read on.

Key Takeaways

• Generous reward rate. You can get a rewards rate of up to 3 miles per dollar spent.
• Signup bonus. Offers a signup bonus of 50000 points after spending $3,000 within 3 months that can be redeemed for travel, gifts, or other perks.
• High APRs. This is not a great card for people who carry a balance. It has a variable purchase APR that ranges from 20.24% up to 27.24%.
• 5% Balance transfer fee. Iberia Visa Signature® card charges a fee of 5% on balance transfers. For example, a balance of $1,000 could cost $50 in transfer fees. The minimum fee is $5.
• No foreign transaction fee. This card does not charge a fee when you make a purchase that passes through a foreign bank, or is in a currency other than the U.S. dollar (USD), which makes it a great credit card to carry when traveling abroad.
• Multiple credit card benefits. Includes generous credit card perks, such as Auto Rental Collision Damage Waiver, airline credit, extended warranty protection on purchases, identity theft protection, purchase security, travel assistance, and fraud protection.
• Fair or better credit required. You will have good approval odds if your credit score is above 650.

Pros & Cons of Iberia Visa Signature® card

Iberia Visa Signature® card FAQ

Does Iberia Visa Signature® card have a cash back or rewards program?

Iberia Visa Signature® card is a travel rewards card.

What are the Iberia Visa Signature® card benefits?

It provides the following benefits:

• Free Credit Score
• Auto Rental Collision Damage Waiver
• Extended Warranty Protection
• Zero fraud liability
• No blackout dates when redeeming miles
• Travel Assistance
• Reports to major credit bureaus

What are the relevant APRs for Iberia Visa Signature® card?

Iberia Visa Signature® card has a variable purchase APR that ranges from 20.24% up to 27.24%. The card has a variable balance transfer APR that ranges from 20.24% up to 27.24%. It also has a variable cash advance APR of 29.24% . Note that late payments are subject to an APR of 29.99% if you are late or miss your payments. Typically, the penalty APR applies for a minimum of six months but can go on indefinitely.

What are the fees for Iberia Visa Signature® card?

The following fees apply:

This card charges a $95 annual fee.

Does Iberia Visa Signature® card report your account activity to credit bureaus?

Yes, Iberia Visa Signature® card reports your account activity to the following credit reporting agencies:

• Equifax
• Experian
• Transunion

Making regular on-time payments to a creditor that reports to one or more credit bureaus will demonstrate your financial responsibility and may help improve your credit.

How to apply for Iberia Visa Signature® card

• Visit the Iberia Visa Signature® card website.
• Fill in the application form. You will typically need to provide general financial information, such as your Social Security Number, address, and annual income.
• Check the information is accurate and submit your application.

If your credit score is preventing you from qualifying for this credit card, check out our guide for the best credit cards for bad credit.