Best card for foreign exchange?
May 5, 2005 | 3:05 pm
#196
Join Date: May 2003
Programs: AA (1MM), Marriott (LT Gold)
Posts: 1,769
Originally Posted by Mountain Trader
MBNA has no real airline affinity program to offer (only World Perks and a back door to CO thru Amtrak, unless Amtrak strands the CO folks the way it stranded their United customers). So why would MBNA think their credit card customers will stay around when they offer no competetive advantage?
May 5, 2005 | 3:59 pm
#197
Join Date: Jan 2003
Location: NYC
Posts: 8,688
Originally Posted by rapunzil
Commerce bank says that they do not have an added foreign transaction fee for charges overseas on their VISA card. Did I get correct information? Does anyone know anything about the Commerce Bank issued VISA card?
May 5, 2005 | 3:59 pm
#198
Join Date: Feb 2003
Location: Khyber Pakhtunkhwa
Posts: 1,949
Originally Posted by ajnaro
Capital One now says that its current foreign exchange fee is 1%, but that in the future it will be between 1% and 3%, with 60 days notice before any increase.
May 5, 2005 | 4:02 pm
#199
Join Date: Feb 2003
Location: Khyber Pakhtunkhwa
Posts: 1,949
Originally Posted by rapunzil
Commerce bank says that they do not have an added foreign transaction fee for charges overseas on their VISA card.
May 5, 2005 | 5:17 pm
#200
Join Date: Sep 2001
Location: Washington, DC
Programs: UA Plat MM, AA Gold, Hyatt Explorist, Hilton Gold, IHG Plat, Marriott Titanium Elite
Posts: 5,015
Originally Posted by Alcibiades
Is this in print ? If its just a CSR response, dont take it at face value as their customer service gives me wrong answers all the time.
May 5, 2005 | 5:23 pm
#201
Join Date: Apr 2004
Location: LAX
Programs: F9 Gold, peon and loving it everywhere else
Posts: 4,018
Originally Posted by Mountain Trader
MBNA has no real airline affinity program to offer (only World Perks and a back door to CO thru Amtrak, unless Amtrak strands the CO folks the way it stranded their United customers). So why would MBNA think their credit card customers will stay around when they offer no competetive advantage?
May 5, 2005 | 6:42 pm
#202
Join Date: Feb 2003
Location: Khyber Pakhtunkhwa
Posts: 1,949
Originally Posted by DCBob
Is anyone out there naive enough to believe Capital One won't follow suit with the other megabanks and also charge the 3% fee ?
May 6, 2005 | 12:01 am
#203
Join Date: Feb 1999
Location: Denver CO
Posts: 3,686
Originally Posted by wahooflyer
Most people don't travel internationally as much as we FlyerTalkers do, and most people don't pay attention to all the fine print in their cardholder agreement as much as we do.
But I wouldn't be so sure. The latter groups, including many FTs like me, will ditch MBNA right away. From my viewpoint, in six months time MBNA has gone from providing good benefits (UA miles via Amtrak) at a low cost to providing few benefits at a high cost. And the folks likely to leave include many who were in the target group for those other financial products I mentioned.
May 6, 2005 | 10:44 am
#204
Join Date: Apr 2005
Location: CLT
Programs: US-CP PCplatAmb HHgold MARgold
Posts: 162
just found out that my BMW Visa only charges the 1% Visa fee
the card is a freebie, and earns points toward BMW buy/lease
added reward options if you pay $50/year
http://fs.bmwusa.com/BMWFSPulp/CRCAR...rdBenefits.htm
the card is a freebie, and earns points toward BMW buy/lease
added reward options if you pay $50/year
http://fs.bmwusa.com/BMWFSPulp/CRCAR...rdBenefits.htm
May 6, 2005 | 6:50 pm
#205
Join Date: Mar 2001
Location: East Tennessee, USA
Posts: 105
I was hopeful (naive??) that my credit union-affiliated MBNA Visa card would somehow not see the fee increase, but lo and behold, the letter came in the mail today -- same bad deal as the other MBNA cards mentioned.
So I guess I am cancelling it and shopping for a new card.
So I guess I am cancelling it and shopping for a new card.
May 7, 2005 | 5:47 am
#206
Join Date: Jun 2001
Posts: 803
We have a MBNA American Express card affiliated with NAIC and they have only the 1% charge ith no additional charge. Talk to CS and they say they don't have any plans on a increase.
May 7, 2005 | 7:58 am
#207
Join Date: Oct 2002
Location: Chicago, USA
Programs: UA 1MM Gold AA Gold NW Silver Marriott Plat. SPG Plat. Hilton Gold Hertz 5 Star
Posts: 3,254
My high school credit union is keeping the fee at the 1% Visa charge...so they do exist.
May 8, 2005 | 3:35 pm
#208
Join Date: Jun 1999
Location: Rio de Janeiro, BRAZIL
Programs: AA 4MM EXP; Starwood Lifetime Plt
Posts: 2,498
Originally Posted by gw14
We have a MBNA American Express card affiliated with NAIC and they have only the 1% charge ith no additional charge. Talk to CS and they say they don't have any plans on a increase.
An MBNA rep told me that all of their AMEX cards would remain at 1% total, with the 1% being charged by AMEX. Their Platinum card, with a cash rebate of 1.5% - 2% (at a spending level of around $10,000 year) seems like a good deal the first year. After that there will be a high annual fee and fewer points earned per dollar spent, but it's a good deal for one year.
May 8, 2005 | 4:55 pm
#209
Join Date: Apr 2004
Location: LAX
Programs: F9 Gold, peon and loving it everywhere else
Posts: 4,018
That's good to hear, though coming from MBNA I wouldn't believe it 100%. 
The biggest problem with the MBNA Amex is that Amex seems to be accepted at even fewer locations abroad than it is here in the US. So you'd still need a Visa/MasterCard or cash for purchases at some merchants.
The biggest problem with the MBNA Amex is that Amex seems to be accepted at even fewer locations abroad than it is here in the US. So you'd still need a Visa/MasterCard or cash for purchases at some merchants.
May 8, 2005 | 10:30 pm
#210
A FlyerTalk Posting Legend, In Memoriam
Join Date: Jul 2003
Location: Yiron, Israel
Programs: Bates Motel Plat
Posts: 69,201
Originally Posted by wahooflyer
That's good to hear, though coming from MBNA I wouldn't believe it 100%.
The biggest problem with the MBNA Amex is that Amex seems to be accepted at even fewer locations abroad than it is here in the US. So you'd still need a Visa/MasterCard or cash for purchases at some merchants.
The biggest problem with the MBNA Amex is that Amex seems to be accepted at even fewer locations abroad than it is here in the US. So you'd still need a Visa/MasterCard or cash for purchases at some merchants.