Chase Continental Plus card foreign transaction fees

Chase to waive foreign transaction fees on Continental Airlines Presidential Plus Card. As of Feb. 15, 2011, The purchases you make on your Card while outside of the U.S. will be free of added fees — a savings of 3% on all international purchases.

Continental Presidential Plus credit Card members enjoy an exclusive suite of benefits, rewards and services called Blue Carpet Treatment that enhance your travel experience and truly distinguish the Presidential Plus Card from all others.members receive at the airport include: priority check-in, boarding and express security screening where available and priority baggage handling.

A foreign transaction fee is a fee which will be applied to transactions that take place outside of the United States, even if the currency used is U.S. dollars. If a transaction is in a foreign currency, Visa International or MasterCard International will convert the transaction into U.S. dollars by using their own currency conversion procedures. The exchange rate will be determined in one of two ways. Either the rate will come from the range of rates available in the wholesale currency markets for the processing date (which may be different from the rate the card association receives) or a government-mandated rate in effect on that date. The exchange rate used may differ from the rate on the date of your transaction. We may charge a foreign transaction fee that is a percentage of the U.S. dollar amount of any foreign transaction as provided to us from Visa or MasterCard. These foreign transaction fees are finance charges. The same process and charges will apply again if any foreign transaction is reversed.