Can we prepay Marriott Visa?
Apr 28, 2013 | 11:39 am
#1
Original Poster
Join Date: Apr 2008
Location: Toronto, Canada
Programs: AA, Aeroplan, CX Gold, MR PLat
Posts: 209
Can we prepay Marriott Visa?
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?
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?
Apr 28, 2013 | 6:15 pm
#2
Join Date: Dec 2008
Location: Mostly living in the basement
Programs: Free Agent Level 2; MR LT(!)TE, HH SE, ALL SE, BAC Silver, DL MM, UA PS, 2V Fanboi, CBP GE
Posts: 5,362
I can't answer the first, but as far as exchange rate on my recent trip Chase effectively charged me the same rate as my bank did for ATM withdrawals (accounting for daily fluctuations). And unrelatedly the chip worked everywhere I tried it (Europe and Asia).
Apr 28, 2013 | 8:43 pm
#3
Join Date: Jul 2011
Location: MCO
Programs: UA GS 1MM, Marriott Ambassador & Lifetime Titanium, Hilton Diamond
Posts: 2,134
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?
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?
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.
Apr 29, 2013 | 11:35 am
#5
Join Date: Apr 2007
Location: AMS
Programs: A number, but no status no more
Posts: 3,050
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.
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.
However, I don't know if you would still hit your credit limit when trying to make the single purchase for RTW tickets.
Cheers,
GenevaFlyer
Apr 29, 2013 | 11:49 am
#6
Original Poster
Join Date: Apr 2008
Location: Toronto, Canada
Programs: AA, Aeroplan, CX Gold, MR PLat
Posts: 209
Looks like we will just have to make a trial purchase to see
I was thinking of making a purchase for a few hundred dollars and then make a payment to the card for $16,000 and then see if I can purchase the tickets.
I'll call and ask if I can do this.
Tx
I'll call and ask if I can do this.
Tx
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.
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.