Originally Posted by
Misnerfamily
My wife recently signed up and received a Marriott Visa with CHASE in Canada. We will likely use this card a lot next year as there is NO Foreign Exchange Fee (no 2.5% like everyone else).
Two questions...
1) Can we prepay the card with 10-15,000 dollars so we can purchase RTW flights on it? I think her credit limit is $2500?
2) Anyone have any idea if you really save 2.5% or does chase using artificailly inflated exchange rates?
Chase won't let you make a payment unless you have a balance and you won't be able to make that high of a payment for that low of a balance.
You should try and call chase to have them increase your wife's credit limit. Tell them you will be using the card a lot and will be making high amount purchases. I've done it and they doubled my credit limit.