Chase Eliminates Foreign-Transaction Fee On British Airways Cobranded Credit Cards

Cardholders of JPMorgan Chase & Co.'s British Airways Signature Visa credit card no longer have to pay a foreign-transaction fee, expanding Chase's array of cobranded travel rewards cards giving customers a break on the 3% fee, the company announced Nov. 4.

The elimination of the foreign-transaction fee is a first for a cobranded airline card, Naney Pandit, director of the British Airways partnership for Chase Card Services, tells PaymentsSource.

Chase also offers an exemption from foreign transaction fees to cardholders of its Hyatt Visa Card introduced in September with Hyatt Hotels Corp. (see story). Additionally, the issuer also provides the perk to its Priority Club Select Visa card cobranded with Intercontinental Hotels Group, which it introduced in July (see story).

Cards carrying no foreign transaction fees remain relatively rare. Among 500 cards the credit card comparison website NerdWallet.com analyzed...