Continental Airlines Presidential PlusSM Credit Card

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Continental Airlines Presidential Plus Credit Card
  • Minimum Credit Required:Excellent, Good
  • Annual Fee:$395
  • Network: MasterCard
 
 
 
Rewards: Yes Type:  Miles - Airline Specific
Initial Bonus $95 Base Earn 1 mile / $1 Max Earn 2 miles / $1 Earn / Redeem Limit No
Reward Details:
  • Earn one mile per $1 spent on all purchases, bringing you that much closer to your next travel reward.
  • Earn 2 miles for each $1 spent on airline tickets purchased from Continental or United Airlines on hotel stays and car rentals.
  • Earn an additional 25% Elite mileage bonus if you’re an Elite member and you acquire the Card. This bonus is in addition to the Elite mileage bonus already earned.
  • Redeem miles for merchandise, experiential events and flights on any of the 28 member airlines in the Star Alliance™ network.
  • With Premier Travel access services, you'll get through the airport faster with preferential treatment like priority check-in, boarding, and baggage privileges.
  • 1,000 Flex EQMs every time you spend $5,000 on your card.
  • Full Presidents Club membership.
  • First and second checked-bag fee waiver.
  • Earn a $95 bonus after your first purchase/first use of the Card.
 
 
Purchases:
Intro Rate Not Offered Intro Period N/A Regular Rate 14.24%
Balance Transfers: 
Intro RateNot Offered Intro PeriodN/A Regular Rate14.24% Balance Transfer Fee 3%
Cash Advances:
Cash Advance Rate 19.24% Cash Advance Fee 3% (min $10)
 
 
Additional Info:
  • Concierge Services.
  • Travel Protection.
  • Purchase Protection.
  • Fraud and Theft Protection.
  • Max Late Fee:  $35
  • Max Overlimit Fee:  N/A
  • Max Penalty APR:  29.99%
  • Grace Period:  21 days
  • Online Response:  Yes
  • Foreign Transaction Fee:  None
 
 
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About the Issuer: Chase

Based on their website: "JPMorgan Chase (NYSE: JPM) is one of the oldest financial institutions in the United States. With a history dating back over 200 years, here's where we stand today: We are a leading global financial services firm with assets of $2.3 trillion. We operate in more than 60 countries. We have more than 240,000 employees. We serve millions of consumers, small businesses and many of the world's most prominent corporate, institutional and government clients. We are a leader in investment banking, financial services for consumers, small business and commercial banking, financial transaction processing, asset management and private equity. Our stock is a component of the Dow Jones Industrial Average."

 
 
back to top Discussion

Share your experiences, thoughts or just ask a question:

  • Joe Weider:
    With the 2012 Presidential race heating up, I decided to take a look at a Presidential credit card, the Continental Airlines Presidential Plus Credit Card. The first thing that stands out about this card is that it costs about as much as a Presidential Suite at a nice hotel, given that it has a $395 annual fee. But do you get Presidential perks with this Continental Credit Card to warrant such high fixed costs? Well, you do get full membership in the Continental Airlines Presidential Club, which allows you and family or you and two friends access to the United Club in airports and the usual free drinks, food and WiFi associated with airport lounges. You also get a $95 bonus after you first use your Continental Airlines Presidential Plus Credit Card, which effectively reduces your annual fee to ONLY $395, as well as 2 miles per $1 spent on Continental Airlines purchases and 1 mile per $1 spent on everything else. Each time you spend $5,000 the card, you also get 1,000 Elite Qualification Miles, which can help you attain or maintain Elite status. If you have Elite status with Continental, opening the Presidential Club Credit Card inflates your already earned Elite Miles by 25%. This might all seem like a lot, but is it really worth $300? I’d be inclined to say no. The highlight of the Continental Airlines Presidential Plus Credit Card is the United longue access, but if you’re going to travel enough to really make the most of lounge access, your miles will probably get you in anyway. And if you don’t travel frequently but like to do so in style, why not just purchase one-time access for $39? Even if you’re a frequent United flyer, I’d still vote no on the Continental Airlines Presidential Plus Credit Card this year because the Continental Airlines One Plus Credit Card provides the same 2 miles/$1 on United purchases as the Presidential Card as well as an attractive initial miles bonus and does not have an annual fee during the first year ($95 each year thereafter). Sure, you only get one checked bag for free with the One Plus card (as opposed to two with the Presidential), but I’m sure the $300 you save can comfortably cover that.
 
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The card information shown on this page was last updated: March 9th, 2012 at 10:25 EST

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