LanChile’s LanPass program is offering a signup bonus of 5000 kilometers plus additional bonus points for booking trips on their website. Offer is valid through December 31, 2007 and is restricted to residents of Argentina, Peru, Ecuador, Uruguay, the U.S., Mexico, Brazil, Spain and Germany. (Hat tip to Free Frequent Flyer Miles.)

I took advantage of a similar signup bonus last year and the 5000 points posted instantly. While I haven’t much used the program since, there are some really nice options in it. LanPass is a member of oneworld (a partner of American, British Airways, Cathay Pacific, etc.) and there are a few values in their distance-based award chart. Pointrs transfers from Starwood to LanPass can be especially lucrative.