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American Express Eliminates Foreign Currency Fees USA Centurion and Platinum cards

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American Express Eliminates Foreign Currency Fees USA Centurion and Platinum cards

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Old Mar 27, 2011, 9:32 am
  #121  
 
Join Date: Aug 2005
Programs: AA LTP, UA, DL, HH, Marriott/SPG
Posts: 585
Thumbs up T&C's Updated!

Just opened up the online version of the cardmember agreement for my Plat Amex (it's in PDF format) and it now shows under "Fees":

Transaction Fees
• Foreign Transaction None
I Love to Travel is offline  
Old Mar 27, 2011, 9:43 am
  #122  
 
Join Date: Jul 2010
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Originally Posted by I Love to Travel
Just opened up the online version of the cardmember agreement for my Plat Amex (it's in PDF format) and it now shows under "Fees":

Transaction Fees
• Foreign Transaction None
Well that's a lot easier than me waiting for my Sainsbury's purchase to post

Strangely, despite having digital signature pads, Sainsbury's still required me to sign a paper slip when I swiped my US AmEx card. Won't be doing that too often.
mtkeller is offline  
Old Mar 27, 2011, 9:48 am
  #123  
 
Join Date: Dec 2006
Location: USA
Posts: 3,945
Originally Posted by I Love to Travel
Just opened up the online version of the cardmember agreement for my Plat Amex (it's in PDF format) and it now shows under "Fees":

Transaction Fees
• Foreign Transaction None
I can also confirm No Foreign Transaction fee in online cardmember agreement ^
TAHKUCT is offline  
Old Mar 27, 2011, 9:53 am
  #124  
 
Join Date: Nov 2008
Location: YMQ
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Posts: 268
Foreign Transaction Fee
We no longer charge your account a Foreign Transaction Fee. In Your Agreement for Transferring Funds Electronically,
the following is added after the first sentence of the sixth paragraph: “However, we do not charge this fee for ATM
withdrawals made using cards issued on U.S. Consumer or OPEN Platinum Card or Centurion Card accounts.”
yul7075 is offline  
Old Mar 27, 2011, 6:51 pm
  #125  
 
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Originally Posted by I Love to Travel
Just opened up the online version of the cardmember agreement for my Plat Amex (it's in PDF format) and it now shows under "Fees":

Transaction Fees
• Foreign Transaction None
Link?
Looks like the application page still shows 2.7%.
ctownflyer is offline  
Old Mar 27, 2011, 6:59 pm
  #126  
 
Join Date: Dec 2006
Location: USA
Posts: 3,945
Originally Posted by ctownflyer
Link?
Looks like the application page still shows 2.7%.
If you have a Platinum Charge card, login in your account summary page and on the right hand side you will see a link to cardemember agreement.
TAHKUCT is offline  
Old Mar 27, 2011, 7:03 pm
  #127  
 
Join Date: Dec 2006
Location: USA
Posts: 3,945
FYI: New agreement date is as of 3/27/2011
TAHKUCT is offline  
Old Mar 28, 2011, 12:11 am
  #128  
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Join Date: Feb 1999
Location: Seat 1A, Juice pretty much everywhere, Mucci des Coins Exotiques
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Ditto for Centurion. I also see this line...

Foreign Transaction Fee
We no longer charge your account a Foreign Transaction Fee. In Your Agreement for Transferring Funds Electronically, the following is added after the first sentence of the sixth paragraph: “However, we do not charge this fee for ATM withdrawals made using cards issued on U.S. Consumer or OPEN Platinum Card or Centurion Card accounts.”


Unfortunately my Starwood Amex still says 2.7%
stimpy is offline  
Old Mar 28, 2011, 4:39 pm
  #129  
 
Join Date: Jul 2009
Location: USA
Programs: AA EXP, UA GLD, Bonvoy Titan, HH Dia, WoH Exp
Posts: 2,673
Nice! It's about time they did away with the fees. I wonder if any of the Gold cards will have the fees removed in the near future...
Time traveller is offline  
Old Mar 28, 2011, 6:54 pm
  #130  
 
Join Date: Jan 2011
Location: Bay Area
Posts: 20
Images of New Agreement - 3/27/2011

I have been following this thread closely and want to thank everyone for the heads up on this change. I've embedded images of the new agreement for reference.



mmsnow is offline  
Old Mar 28, 2011, 7:29 pm
  #131  
 
Join Date: Sep 2006
Posts: 700
On the assumption that I have made a lot of money for AMEX over the years, combined with the fact that a bunch of foreign currency transaction fees were just processed on my statement from a recent trip abroad, I had the novel idea of phoning AMEX Platinum to see if they would waive the fee for this long standing platinum card holder.

In any event:

the response was a big No. And, apparently, many others have asked over the past week or so. All got the big goose egg.
flyr16 is offline  
Old Mar 29, 2011, 3:38 am
  #132  
 
Join Date: Jul 2010
Location: SUX
Programs: BA Silver; HHonors Gold; SPG Gold; Points but dirt with everyone else
Posts: 8,050
Charge successfully posted from 27 March 2011 with no forex fee! It does show up with a blue dot in the "Foreign Spend" column, and the details give the amount of the charge in the original currency.
mtkeller is offline  
Old Mar 29, 2011, 4:54 am
  #133  
 
Join Date: Dec 2006
Location: USA
Posts: 3,945
Originally Posted by mtkeller
Charge successfully posted from 27 March 2011 with no forex fee! It does show up with a blue dot in the "Foreign Spend" column, and the details give the amount of the charge in the original currency.
nice!
TAHKUCT is offline  
Old Mar 29, 2011, 9:29 am
  #134  
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Join Date: Aug 2010
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Tested No FOREX in Jamaica

Here we go...I'll also be using the Plat in Europe this weekend.

I blacked out my charge amounts so you all don't think I'm an alcoholic

krpjr is offline  
Old Mar 29, 2011, 10:57 am
  #135  
 
Join Date: Nov 2008
Location: YMQ
Programs: UA*G
Posts: 268
Originally Posted by krpjr
Here we go...I'll also be using the Plat in Europe this weekend.

I blacked out my charge amounts so you all don't think I'm an alcoholic
I cant see your pending charges LOL!!!

Last edited by mia; Mar 29, 2011 at 11:22 am Reason: Please do not include images in quotations
yul7075 is offline  


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