No more foreign transaction fees on United Mileage Plus Club Visa and Continental Presidential Plus credit cards?

According to this New York Times article, Chase will be waiving the foreign transaction fees on the United Mileage Plus Club Visa and the Continental Presidential Plus card. I can’t find another source on this so can’t confirm it, though generally if it’s in the New York Times I’m thinking it’s a bit more than a rumor.

Now, these are the super-expensive credit cards offered by Continental and United, which also include lounge access. So this isn’t a cheap way to avoid foreign transaction fees. However, if you already have the card, or are thinking about getting the card, this is yet another consideration.

Chase also doesn’t have foreign transaction fees on the British Airways Signature Visa or Hyatt Visa credit cards, both of which have a much lower annual fee. Most of my spend nowadays goes onto the British Airways Visa card, though that’ll likely change soon as I just signed up for the American Express Premier Rewards Gold card (offering triple Membership Rewards points per dollar spent on airfare).

(Tip of the hat to tpat)

Comments

  1. The Priority Club visa card from Chase also has no foreign transaction fees and is currently offering a 60,000 point sign-up bonus.

  2. Why are you currently favoring the BA Visa over the Starwood AMEX? Is it because you are saving up for a specific award or do you feel it’s just an overall better card right now?

  3. @ Helixcardinal — That’s a great sign up bonus and the annual free night is great, though just can’t get myself to actually spend money on that card.

    @ Iain — Thanks for the heads up, good to see it confirmed.

    @ JamesORD — As of now it’s mainly because it’s the only card I have without foreign transaction fees. I put a LOT of foreign spend on my credit card (in particular with Aeroplan, which is technically international), so it works out quite well. While British Airways miles aren’t necessarily all that valuable, the value to South American on LAN and Asia on Cathay Pacific can’t be beat, and that’s my next award (that’s not yet booked). Ultimately if it weren’t for the lack of foreign transaction fees I wouldn’t use the card, though I do enjoy earning a pretty decent number of miles on the card every month right now.

  4. I was surprised that you didn’t charge your UA/CO flights on the Chase UA Select Visa which gives 3X RDMs and up to 5K EQMs.

  5. Lucky, I have the UA, CO, and BA cards, now that they are all free from foreign transaction fees, I will use the UA card exclusively (I have stopped looking for a Canadian Card as they just don’t compare) I am going to have a tough time deciding which ones to keep or use.

    UA – Annual Fee waived as 1k, 1 mile per spend, good redemption options, also earns EQM with 35k spend (not sure I can reach that this year)
    CO – Annual Fee waived (will merge into UA card I assume) 1 mile per spend, decent anniversary bonus
    BA – $75 annual fee, 1.5 miles per spend, decent offer at $35k spend, but like the UA card, hard to reach that high. (Before UA card went FTF free the value of the annual fee was realized after $2650 spend, I already reached that, but could even get the fee back within 60 days.

    Is the .5 extra miles really worth it the $75?

    So I feel like I will cancel the BA card and merge the credit with UA card.

    Thoughts?

  6. I still prefer the BA card over all others (including SPG) for a variety of reasons:

    2-4-1 coupon after $30K annual spend (great for business class tickets from the USA to Africa, for example, even with the $700 YQ per ticket.)

    Numerous targeted spending promotions during year one that netted my wife and I an extra 30K miles each. (These seem to have dried up in year two, however.)

    No foreign transaction fees

    1.25 miles per dollar spent. On a $30K spend, that’s an extra 7500 miles (worth more than the $75 fee, in my estimation and equivalent to the SPG card if you transfer points in 20K blocks).

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