Fairmont Chase Signature Card
Apr 11, 2012, 10:18 pm
#16
Join Date: Dec 2010
Posts: 1,310
Wow! One for myself and the wife = four nights at the kea lani?
Apr 12, 2012, 6:23 am
#17
Join Date: May 2011
Location: Everywhere
Programs: Who cares... status is a Red Herring.
Posts: 733
Apr 12, 2012, 6:33 am
#18
Join Date: May 2011
Location: Everywhere
Programs: Who cares... status is a Red Herring.
Posts: 733
I am really excited about this card depending on a few things.
If the free nights are at any hotel, I'm in for two. If they are towards free nights at any hotel my other questions don't matter but obviously the big question is then the points system. If they are UR points then the $7,500 spend will be met quickly... twice.
If the free nights are at any hotel, I'm in for two. If they are towards free nights at any hotel my other questions don't matter but obviously the big question is then the points system. If they are UR points then the $7,500 spend will be met quickly... twice.
Apr 12, 2012, 9:22 am
#19
FlyerTalk Evangelist
Join Date: Jul 2006
Location: Upper Sternistan
Posts: 10,037
Apr 12, 2012, 11:16 am
#20
Join Date: May 2000
Location: SAN
Programs: AA Gold, Fairmont Plat, HH Diamond
Posts: 258
I agreed at first, but the $100 dining certs cover the annual fee and I'll take the gold upgrade cert happily. I'll put the $12k on it to get the extra free night every year. I think it's silly not to have it if you're a lifetime plat.
Apr 13, 2012, 1:51 pm
#21
Join Date: Oct 2009
Location: YVR
Programs: AC 75K
Posts: 828
If such a credit card was rolled out in Canada, it would have certain modifications to bring it in line with the notoriously less-competitive Canadian market standards:
1. the fee would be $120
2. no first-year-free in Canada
3. no renewal incentive/benefit
4. starting benefit would be cut in half (one free night only)
5. it would be issued by some garbage bank like Capital One
1. the fee would be $120
2. no first-year-free in Canada
3. no renewal incentive/benefit
4. starting benefit would be cut in half (one free night only)
5. it would be issued by some garbage bank like Capital One
Apr 13, 2012, 2:00 pm
#22
Join Date: Mar 2006
Location: (SJC)
Posts: 2,198
If such a credit card was rolled out in Canada, it would have certain modifications to bring it in line with the notoriously less-competitive Canadian market standards:
1. the fee would be $120
2. no first-year-free in Canada
3. no renewal incentive/benefit
4. starting benefit would be cut in half (one free night only)
5. it would be issued by some garbage bank like Capital One
1. the fee would be $120
2. no first-year-free in Canada
3. no renewal incentive/benefit
4. starting benefit would be cut in half (one free night only)
5. it would be issued by some garbage bank like Capital One
1. My fee for RBC BA Avios Visa is 165 + 75 for additional cards
2. It would offer very little in the way of useful insurance/protections
3. It would have a 5000 spend req in the first month
4. Points can be exchanged for useless skymall junk on a clunky website shop for a rate of .003 per dollar spend. (increased value for Fairmont spend @ .004 per dollar spend)
5. It would offer state of the art Chip and Pin with the card holder assuming all liability.
6. Cash advance checks come monthly free of charge
(It has been mentioned to me by bankers and those in the credit industry, that the offers aren't as good as USA, because of A: smaller market and B: to protect the consumer and not encourage poor credit usage/practices.
What is funny about that is, in Vancouver people are flipping real estate worth 2x it's value, and I was able to get 4 credit cards by saying "I make 100k" No questions asked.
Slightly off topic:
I have 0 debt, in USA or Canada, but hold 10 american and 5 canadian credit cards.
I have met multiple Canadians with some CRAZY debt, thinking they can use their house to pay down bills.
Can we say bubble-collapse scenario?
Basically the only reason the offers suck here is, because the banks have 0 incentive to help customers.
I am sure glad the local credit union runs diversity advertising every 10 minutes though.
Last edited by AMRivlin; Apr 13, 2012 at 2:08 pm
Apr 14, 2012, 3:34 pm
#23
Join Date: May 2007
Location: San Francisco Area
Programs: Hyatt Diamond, SPG Platinum, Fairmont Platinum, ICG Platinum Royal Ambassador, Avis President's Club
Posts: 317
The AMEX Plat 5 promotion for Canadian cardholders seems pretty unbeatable to me. It will be interesting strategically to see how Fairmont balances out its dueling credit card promotions/vendors. When Chase teamed up with United/Continental they managed to kill the airline's relationship with AMEX.
May 4, 2012, 11:41 am
#25
Join Date: Mar 2006
Location: (SJC)
Posts: 2,198
Coincidentally http://fairmontcard.com DNS has been transferred to a fairmont server in Canada (From a generic godaddy holding page)
This server hosts other random fairmont affiliated sites
http://www.ip-adress.com/reverse_ip/fairmontcard.com
5 or so days to go!
This server hosts other random fairmont affiliated sites
http://www.ip-adress.com/reverse_ip/fairmontcard.com
5 or so days to go!
May 4, 2012, 11:45 am
#26
Join Date: May 2000
Location: SAN
Programs: AA Gold, Fairmont Plat, HH Diamond
Posts: 258
I'll be paying for a long fairmont stay on May 14 before I could get the card. Anyone think there's any chance I could switch my payment a week later to the new fairmont card? I'd hate to lose out on those bonus points.
May 4, 2012, 12:23 pm
#27
Join Date: Mar 2006
Location: (SJC)
Posts: 2,198
You might get the card if you apply on May 10, if it is released as this thread speculates. If not you are out of luck. Chase would have no reason to credit you if you pay in another fashion. It would be like paying for Burger King and asking McDonalds to give you a free happy meal toy. Sorry.
May 4, 2012, 7:35 pm
#28
Join Date: May 2000
Location: SAN
Programs: AA Gold, Fairmont Plat, HH Diamond
Posts: 258
You might get the card if you apply on May 10, if it is released as this thread speculates. If not you are out of luck. Chase would have no reason to credit you if you pay in another fashion. It would be like paying for Burger King and asking McDonalds to give you a free happy meal toy. Sorry.
May 4, 2012, 11:08 pm
#29
Join Date: Jan 2010
Location: alberta canada
Programs: BA Gold,, Marriott Plat
Posts: 352
So as a Canadian resident it seems to me that Fairmont is unwilling to align with a Canadian bank and keep my loyalty, hmmmm.......