Originally Posted by
AA_EXP09
Sears also has no FX fee, and i can convert Sears club points into PETRO points which can be converted into Asia Miles.
From the Sears Website
•NEW – starting July 23rd, Sears Financial Voyage MasterCard cardmembers will enjoy the freedom of spending with no foreign currency transaction charges – usually 2.5 percent– when travelling abroad or making online purchases on international sites.
So, I wonder if Sears did this to compete with the Marriott card? July 23rd was around the time the Marriott card launched. Maybe other cards will try to compete as well. I doubt CIBC would compete anytime soon though, they tend to be a little far behind in things like this.