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LATAM Pass Mastercard Black

The card that earns LATAM Pass miles directly and grants unlimited access to LATAM VIP lounges.

ItaúMastercard Black
Annual feeMonthly fee of R$ 105.00 (equivalent to R$ 1,260.00 per year).
Points (domestic)2,5 pts/US$
Points (international)3,5 pts/US$
🔗 Co-Branded⬛ Mastercard Black✈️ Best for LATAM Pass
8.2Radar Score
Points earning8.0
Transfer flexibility7.0
Travel benefits9.0
VIP lounges9.0
Waiver ease (informational)6.0
Value for money7.0
General benefits8.0

Overview

The LATAM Pass Itaú Mastercard Black is a co-branded card from the LATAM Pass Itaú line, in the Mastercard Black tier (distinct from the Visa Infinite version). It earns LATAM Pass miles directly, without going through Livelo or Esfera. It offers 2.5 miles per dollar on domestic purchases and 3.5 miles per dollar on international purchases, plus unlimited access to LATAM VIP lounges when flying LATAM, and travel benefits such as cabin upgrades and baggage allowance.

Who it's for

Ideal for frequent LATAM flyers who value real airport benefits (VIP lounges, upgrades, priority) beyond mile accrual. Recommended for those who can concentrate high spending on the card to reach the annual fee waiver.

Points earning

Earn 2.5 LATAM Pass miles per dollar on domestic purchases and 3.5 miles per dollar on international purchases. LATAM Pass Club members earn even more (reaching around 3.7 to 4.2 domestic and 5.25 to 5.9 international, depending on campaign and tier). Miles do not expire while the card is active.

Points program and transfers

A co-branded card that earns LATAM Pass program miles directly, without intermediaries such as Livelo or Esfera. Points post as LATAM Pass miles, ready to redeem for LATAM and oneworld partner flights.

Annual fee and waiver rules

The fee is fully waived when spending R$ 20,000.00 or more per monthly statement. With spending between R$ 10,000.00 and R$ 20,000.00, there is a 50% discount. Below R$ 10,000.00, the full R$ 105.00 monthly fee applies.

How to apply

You can apply through the official Itaú website, the Itaú app, or a branch. A bank credit analysis is required.

Income or net worth range

Itaú does not officially disclose the minimum income required for the LATAM Pass Mastercard Black; as a premium card, approval depends on credit analysis.

Typical requirements

  • Valid CPF in good standing
  • Pass Itaú's credit analysis
  • Income compatible with premium cards (Itaú does not officially disclose a minimum for this tier)

Ways to obtain

  • Go to the Itaú website or app
  • Choose the LATAM Pass Mastercard Black card
  • Fill in your details and submit the application
  • Wait for credit analysis
  • Once approved, receive and activate the card

VIP lounges

Unlimited access to LATAM VIP lounges when flying LATAM Airlines, for the cardholder plus one guest. There is also access to the Mastercard Black VIP lounge at Guarulhos. Some sources cite LoungeKey access via the Mastercard Black benefit.

Network benefits

  • Mastercard Black: concierge available
  • Mastercard Priceless Cities and exclusive offers
  • Mastercard Black travel insurance
  • Purchase protection and extended warranty
  • Access to Mastercard Black VIP lounge in Guarulhos

Insurance

  • Travel insurance / medical travel assistance
  • Baggage protection (loss/delay)
  • Trip cancellation and flight delay coverage
  • Extended warranty
  • Purchase protection

Travel protections

  • Mastercard Black travel assistance
  • Baggage delay and loss coverage
  • Flight cancellation/delay coverage

Airline benefits

  • Unlimited access to LATAM VIP lounges when flying LATAM
  • Up to 6 cabin upgrades per year in South America (and 2 in other regions)
  • Priority check-in and boarding
  • Checked baggage allowance on eligible LATAM flights
  • LATAM ticket installments up to 10x interest-free
  • Discount on LATAM Pass mile purchases

Hotel benefits

  • Offers and experiences via Mastercard Priceless Cities

Car rental benefits

  • Rental car damage coverage (Mastercard Black benefit)

✅ Advantages

  • High mile accrual per dollar (2.5 domestic / 3.5 international)
  • LATAM Pass miles credited directly, no intermediary
  • Unlimited access to LATAM VIP lounges
  • Cabin upgrades and real flight benefits
  • Annual fee waivable with spending target

⚠️ Disadvantages

  • High spending target (R$ 20,000/month) for full fee waiver
  • Higher accrual requires being a paid LATAM Pass Club member
  • Almost exclusive LATAM focus, less useful for other airlines
  • Minimum income not officially disclosed
💡 Concentrate monthly spending on the card to reach R$ 20,000 and zero out the annual fee; and consider LATAM Pass Club if you accrue heavily, since the per-dollar bonus increases significantly.

Frequently asked questions

Does the LATAM Pass Itaú Mastercard Black earn Livelo or Esfera points?

No. It is a co-branded card that earns LATAM Pass miles directly, without going through Livelo or Esfera.

How many miles do I earn per dollar?

2.5 miles per dollar on domestic purchases and 3.5 miles per dollar on international purchases; LATAM Pass Club members earn more.

What is the annual fee and how do I get a waiver?

The monthly fee is R$ 105.00 (R$ 1,260.00/year). It is waived by spending R$ 20,000 per statement, with 50% off between R$ 10,000 and R$ 20,000.

Do I get VIP lounge access?

Yes, unlimited access to LATAM VIP lounges when flying LATAM Airlines, plus the Mastercard Black VIP lounge in Guarulhos.

What is the minimum income required?

Itaú does not officially disclose a figure. As a premium card, approval depends on the bank's credit analysis.

Sources consulted

Information gathered from official and specialized sources in 2026-07. Annual fee, income and rules change — always confirm on the issuer's official website.

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