Iberia and Chase are offering a special promotion of up to 100,000 bonus Avios points to celebrate the launch of the new Iberia Visa Signature credit card. Cardholders receive 50,000 Avios after spending $3,000 during the first three months; receive another 25,000 if you spend $10,000 within the first year and another 25,000 if spend reaches $20,000 in that same timeframe.

Other perks of the credit card include three Avios for every $1 on Iberia, British Airways or Aer Lingus purchases; one Avios for every $1 on all other purchases; 10 percent discount on flights purchased here; $1,000 discount voucher after $30,000 spend in a calendar year; no foreign transaction fees; auto rental collision damage waiver; lost luggage reimbursement; and purchase protection. A $95 annual fee applies.

Apply for the Iberia Visa Signature credit card here.