Iberia Visa Signature

• The 75,000 Avios welcome bonus after $5,000 in 3 months is the most compelling reason to apply - $5,000 across 3 months is a real spend threshold, not a "exist and buy coffee" situation, so it's worth timing this application around a large purchase or a period when your natural spending runs higher.
• The $1,000 airfare discount voucher sounds incredible until you read the fine print - it requires $30,000 in annual card purchases, covers two tickets on the SAME Iberia flight, and resets by calendar year, so this perk is genuinely valuable for Iberia loyalists and essentially decorative for everyone else.
• The 3x on flights is limited to Iberia, British Airways, and Aer Lingus purchases - you're not getting elevated earn on Delta, United, or anyone outside that oneworld-adjacent trio, which means this card earns at its best when you're already flying within that specific airline ecosystem.
• NO earn rate worth writing home about outside the bonus categories - hotels get 2x if booked directly with the property, everything else is 1x, and there are no dining multipliers, no rotating categories, no drugstore bumps hiding anywhere in the fine print.
• The 10% discount on Iberia flights booked through a specific link in your welcome materials is real money on premium cabin fares - the catch is that "the specific link in your welcome materials" is the kind of thing that lives in an email you've already archived, so find it now and bookmark it.
• The DashPass perk requires activation before December 31, 2027, and auto-renews at the going monthly rate after the complimentary year closes - the $10/quarter DoorDash credit for non-restaurant orders is real money if you use the app, but both perks need you to actually opt in or they just sit there doing nothing.
• NO foreign transaction fees - this card is meant to travel with you, and for a $95/year airline co-brand, the 0% FX fee is table stakes that at least checks the right box.

The Iberia Visa Signature is a lean $95/year co-branded card best suited for travelers who regularly fly Iberia, British Airways, or Aer Lingus and want to stack Avios quickly. The headline perk — a $1,000 companion voucher after $30K spend — is compelling for Iberia devotees, but the card is otherwise a no-frills earner with a solid 75K welcome bonus.