Latest global banking news, June 22, 2022 | PaymentsSource – American Banker

Chile-based LATAM Airlines Group, which operates flights in Brazil, Colombia, Ecuador, Paraguay and Peru, has partnered with San Francisco-based credit card company Cardless to launch a loyalty credit card programs targeting frequent U.S. travelers to South America. The Mastercard-branded credit cards, to be issued by Salt Lake City, Utah-based First Electronic Bank, provide rewards that can be redeemed for airline travel on LATAM Airlines and its partner, Delta Air Lines. One version of the card is free and a second $99-a-year version offers more options to earn rewards, perks and upgrades. –Kate FitzgeraldRead More..

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