Chase has some great news for international travelers who are sick and tired of fees that ALL credit card companies tack on when merchants process a transaction outside of the United States of America.
This week, Chase announced it would no longer smack everyone with these heavy currency conversion fees on its United Mileage Plus Club Visa and the Continental Presidential Plus card.
Finally some credit for your efforts. If you have a Chase United or Continental card with a different name, you will probably continue to pay the fee for non-United States transactions, though you should call the company to clarify this. These guys are great in selling you additional services and products, thats the game.
While there are plenty of card companies that continue to levy these fees, the momentum is clearly swinging toward getting rid of them, thanks in part to people like you who have complained loudly and then found ways around them and people like me who never tire of pointing out how questionable the fees are.
Chase has already dropped the fees on British Airways, Priority Club and Hyatt co-branded credit cards. Citigroup has done so on select cards, and American Express plans a similar move.
So will we see this happening with localised credit card service providers in South Africa, UAE etc we will see.!!
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