Features

Who is the US Bank LANPASS Visa Secured Card Designed For?

The US Bank LANPASS Visa Secured Card is designed for people with poor or bad credit who are frequent flyers with LAN Airlines. LAN Airlines is Latin America's largest airline. It has its headquarters in Santiago, Chile, and operates flights to 21 countries. The US Bank LANPASS Visa Secured Card gives cardholders the opportunity to earn miles they can redeem for flights and perks with LAN airlines. As a secured card its line of credit is dependent on the size of the security deposit, which must be at least $300.

What are the Rates for US Bank LANPASS Visa Secured Card?

- The US Bank LANPASS Visa Secured Card has a rate of 13.24% APR to 23.24% APR on purchases and balance transfers. Cash advances have a 24.24% APR. There is no penalty rate but there are fees to pay for late and returned payments.

What Are the Fees for US Bank LANPASS Visa Secured Card?

The US Bank LANPASS Visa Secured Card has a $45 annual fee, which is waived the first year. It also charges a 3% fee (minimum of $5) on balance transfers and cash advances. Foreign transactions have a 3% fee; late payments incur a $37 fee and retuned payments trigger a $35 fee.

What Is US Bank LANPASS Visa Secured Card Rewards Program Like?

The US Bank LANPASS Visa Secured Card gives cardholders 1 LANPASS mile for every $1 they spend. LANPASS is LAN Airlines' frequent flyer program. There is no cap on how many miles you can earn.

What about US Bank LANPASS Visa Secured Card Signup Bonus?

The US Bank LANPASS Visa Secured Card gives new customers 5,000 miles the first time they use their US Bank LANPASS Visa secured card. Applicants who qualify for LANPASS' Signature Visa card, which is not a secured card, receive a signup bonus of 20,000 miles the first time they use their card.

Does US Bank LANPASS Visa Secured Card Have Any Other Benefits?

US Bank LANPASS Visa Secured cardholders receive a 10% discount on a LAN purchase (up to $500) once a year. It also includes shopping and travel benefits that most secured cards do not offer. For instance, the US Bank LANPASS provides fraud protection, zero fraud liability, auto rental collision damage waiver and travel accident insurance.

How Is US Bank LANPASS Visa Secured Card Better Than Other Credit Cards?

The US Bank LANPASS Visa Secured Card is available to people of all credit types and yet still offers a decent rewards program for frequent flyers with LAN Airlines. It also includes a 5,000-mile signup bonus and prime benefits, such as auto rental collision damage waiver and travel accident insurance. On the other hand its rates are quite high, 22.99% APR, for a secured card. However, it only has a $25 annual fee, which is waived the first year. US Bank also considers cardholders who have had this card and managed their credit responsibly for 12 months for a regular unsecured credit card, which is important for people who want to rebuild their credit history.

  • Card Type
    • Balance Transfer
    • Rewards
    • Secured
  • Customer Type
    Personal
  • Card Network
    Visa
  • Credit Score Range
    300 - 640
  • Minimum Age
    18
  • Annual Fee
    $45
  • Grace Period / Deferred Interest
    24
  • Late Payment Penalty
    $37
  • Minimum Interest Charge
    $2
  • Returned Payment Fee
    $35
  • Foreign Currency Transaction Fee
    3%
  • No Annual Fee First Year
  • Car Rental Insurance
  • Emergency Support
  • Extended Warranty
  • Fraud Liability
  • Travel Insurance
  • Air Miles
  • Purchases APR
    13.24% - 23.24%
  • Transfer Fee
    3% w/$5 min.
  • Balance Transfer APR
    13.24% - 23.24%
Load More Products

SuperMoney.com is an independent, advertising-supported service. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. Read more...

No reviews found.

Be the first to write a review for this company!

Write a Review

New Review for US Bank LANPASS Visa Secured Card

Rate your experience:

Cancel