In order to create more incentives for Lotusmiles members, Vietnam Airlines and Sacombank have cooperated to launch two co-brand card products, namely the Sacombank – Vietnam Airlines Visa Signature and the Sacombank – Vietnam Airlines Visa Platinum credit cards.

Lotusmiles members will enjoy the following benefits for registration of the new co-branded cards as of April 1, 2021.

Benefits	Visa Signature	Visa Platinum
Annual fee	First year: 100-percent refund of the annual fee if spending reaches at least VND 10 million within 60 days from the card activation date Second year onwards: 50-percent refund of the annual fee if spending in the previous year reaches at least VND 120 million/year
Foreign currency conversion fee	Free currency conversion for the first year of card opening Discount 0.5% foreign currency conversion fee from 2nd year
Mile accumulation	Earn 3 bonus miles for every VND 50,000 when purchasing Vietnam Airlines services, or 2 bonus miles for every VND 50,000 spent elsewhere	Earn 2 bonus miles for every VND 50,000 spent at the card accepting partners
Upgrade to Titanium membership	Free upgrade to/maintaining Titanium tier if spending in the previous year reaches at least VND 200 million/year	Free upgrade to/maintaining Titanium tier if spending in the previous year reaches at least VND 250 million/year

Apart from this, cardholders are awarded of one 10 or 15-percent discount code for redemption miles on domestic flights if the cardholder’s spending on Vietnam Airlines tickets reaches at least VND 55 million/quarter and also covered by global travel insurance valued of up to VND 11.4 billion.