Delta AMEX

Delta AMEX

American Express has announced that as of May 1, 2014, they will be eliminating the foreign transaction fees on Delta SkyMiles credit cards. This will save cardmembers a 2.7 percent foreign transaction fee when using the card for purchases overseas. Another change for the card is that it will now be a chip and signature card (not as good as a chip and PIN card for travel, but a step in the right direction). The bad news is that the Platinum card’s annual fee is increasing to $195 from $150 on May 1. The Gold and Reserve cards will remain the same at $95 and $450, respectively. Visit http://www.insideflyer.com/link/?10826 to learn more about the cards.

Bottom line: Other co-brand FFP cards waived the foreign transaction fee years ago so AMEX is playing catch up with these cards. If you spend $25,000 or more in a calendar year on these cards, Delta SkyMiles will drop the new revenue requirement to earn elite status.

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