Chase Gets Rid of Foreign Transaction Fees on Marriott Premier Visa

March 31, 2011

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2 min read

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Earlier this week I wrote about points and mileage earning cards that don't have foreign transaction fees. I was happy to read today that Chase announced that the Marriott Rewards Premier card ($85 annual fee waived for the first year, annual free stay, 5 points a dollar on Marriott spend, 1 point per dollar on all other) will no longer have 3% foreign transaction fees.

If you aren't a huge Marriott fan, but still want a foreign transaction free card with a waived annual fee and with good benefits, I'd look into the Chase Sapphire Preferred card currently has a 40,000 point signup bonus after $3,000 spend within 3 months and those points can be transferred at a 1:1 ratio to Hyatt, Marriott, Priority Club, Southwest, Korean, United and British Airways.. I always feel better earning points in a program that gives me flexibility in redemptions.

Overall though, this is great news and I hope it provokes American Express to drop their foreign transaction fees on the comparable Starwood Amex and Gold Amex cards!

Tip of the hat to Gary at View from the Wing!

Editorial disclaimer: Opinions expressed here are the author’s alone, not those of any bank, credit card issuer, airline or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities.