The Continental Airlines World MasterCard® is a credit card that is issued by Chase. This card is designed for those with an excellent credit score and history, and is ideal for those that travel with, or intend to travel with, Continental Airlines on a frequent basis. This is a rewards credit card, and offers rewards in the form of air miles for credit card purchases. Every dollar spent on your card will earn you a mile, and there is no annual limit on miles that you can earn with your credit card spending.
This credit card has an annual fee of $85. However, new cardholders will benefit from a bonus ten thousand miles with the payment of their annual fee. You can also earn double miles at certain retailers as well as on Continental airline tickets. You can earn up to eleven miles for every dollar spent at selected restaurants. There is an introductory interest rate of 7.99 percent on balance transfers and new purchases with this credit card, and this is for a period of six months. The variable interest rate on new purchases after this introductory period then reverts to the standard rate that is listed above. For cash advances the interest rate stands at 21.49 percent variable.
Cardholders will incur fees of between $15 and $39 (subject to credit card balance) for late repayments on this card. Unauthorized borrowing that takes the account over the limit is charged at $35. For cash advances, cardholders are charged three percent or ten dollars minimum. For balance transfers, cardholders will be charged three percent or five dollars minimum, with a $75 maximum charge per balance transfer transaction.
As well as offering the rewards based program, this card also offers a range of additional cardholder benefits. Some of the benefits available include: discount travel certificates, travel and accident insurance, lost airline ticket replacement, Internet account management services, purchase protection, extended warranties on purchases, fraud and security protection, and car insurance cover.
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