Consumers using the British Airways Visa
Signature Card will no longer be charged foreign transaction fees
on international purchases.

Starting this month the co-branded airline
card from Chase Card Services, a division of financial services
firm JPMorgan Chase and British Airways (BA) is said to offer its
users a three percent saving on every purchase made
abroad.

The card proposition is managed by Chase in
partnership with The Mileage Company, operators of British Airways
BA Miles rewards

“The British Airways Visa Signature Card was
designed to reward individuals who frequently travel
internationally,” said Andrew Swaffield, managing director of The
Mileage Company.

“The new proposition combined with the
companion redemption voucher program and significant earn-rate for
BA Miles, make our programme extremely attractive to our target
audience.”

Chase is also offering 50,000 bonus BA Miles,
claimed to be enough for a transatlantic flight, to new
cardholders. The first 25,000 miles will be awarded after the first
purchase with the card and the additional 25,000 miles is
conditional on a $2,500 spend in the first three months.

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By GlobalData