LATAM Airlines and BBVA Argentina today jointly announced the end of the bank’s partnership with the LATAM Pass program in what represents a major breakthrough for mileage earning programs in Argentina.
Mileage accrual will remain in effect until February 28, 2022, while miles earned by customers will continue to be available for use under LATAM Pass rules. Customers must log in to LATAM.com with their membership number and review the specific conditions.
LATAM Pass will continue to offer its members mileage accrual through its different alliances and mileage redemption for LATAM international flights and partner airlines, domestic flights through Ricale Viajes travel agency, Shell fuels, and other products included in its catalog.
The company also detailed the following additional benefits expiration date:
BBVA Premium World customers: on February 28, 2022, the access to the LATAM VIP lounge at Ezeiza expires; on March 31, 2022, the GOLD category in the LATAM Pass program expires (unless the customer separately qualifies for that category according to LATAM Pass rules), the additional 20% of LATAM Pass miles when flying with LATAM and four annual cabin upgrade coupons.
BBVA Premium customers: 40% discount on access to the LATAM VIP lounge at Ezeiza and 10% extra mileage accrual when flying with LATAM expires on February 28, 2022; three annual cabins upgrade coupons expire on March 31, 2022.
As reported by SirChandler, BBVA Argentina sent a statement to its customers in which they talk about a new loyalty program that will allow them to earn points for spending that can then be redeemed, through Despegar, for flights, hotels, car rentals, and other types of products and services, to which all bank customers associated with LATAM Pass will be automatically transferred.
In other markets in Latin America, LATAM Airlines maintains its alliances with different local banks. In Chile, it does so with Banco Santander, in Colombia with Banco de Bogotá and Banco de Occidente, in Peru with BCP, in Ecuador with Banco Pichincha, and in Brazil (a huge market if ever there were any), with over twenty institutions.
