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NerdWallet > Rewards Credit Cards > Continental Airlines Presidential Plus Credit Card
Review / Compare / Reward Calculations / Interest Calculations / Rankings / Comments
Continental Airlines Presidential Plus Credit Card
Chase Continental+Airlines+Presidential+Plus Credit Card

(3.5/5 - 25 Votes)
Net Annual Rewards
$-179
of Continental Airlines Miles
Reward Rate
1.00%
Annual Fee
$395
Signing Promo
None - Get a statement credit after your first purchase.
APR, variable*
APR:
14.24%
Default:
29.99%
Cash Adv:
19.24%
Intro APR Promotions
Purchase:
None
Transfer:
None
Summary
  • Earn 1 mile per $1 spent on purchases
  • Presidents club membership for each cardholder (additional cards are $120)
  • 2 bags for free
  • 1,000 Flex EQMs every time you spend $5,000
  • EliteAccess for primary cardholder and anyone in same itinerary
  • 2 miles per $1 spent on Continental ticket purchases, car rentals, and hotels

Compare To Our Most Popular Cards For The Category

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Compare To Blue Cash Preferred℠ Card from American Express

Why do we think you should consider this card?

Earn $150 cash back after spending $1,000 in eligible purchases in the first 3 months of Cardmembership

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Reward Details & Calculator

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Rewards Type: Continental Airlines Miles

Signing Promotion
$0
Estimated Annual Rewards
$21,600 * 1.00%
$216
Annual Fee, 2 yr avg
$395
Annual Rewards (Rewards less Fees)
$-179

Calculate Interest & Finance Charges

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Use the sliders to the left to calculate balance transfer interest and APR interest for this particular card.

Finance Charge, Balance Transfer of $10,000*

Balance Transfer Fee, 3.0%
$300
APR, 24 months
$3,371
Total
$3,671

*Average APR for Balance Transfers of 15.7% includes transfer fees and APR promotions.

Effective Annual Rate, Purchases

Promo EAR, 0 months
0.00%
Ongoing EAR, 24 months
15.21%
Total EAR, 24 months
15.21%

APR Rankings

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APR
14.24%
ranks #1435 out of 1751 cards.
Average is 11.78%.
Balance Transfer Fee
3%
ranks #905 out of 1639 cards.
Average is 1.67%.
Cash Advance APR
19.24%
ranks #452 out of 1002 cards.
Average is 18.74%.

Rewards Rankings

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Annual Fee
$395
ranks #1765 out of 1773 cards.
Average is $9.
Base Reward Rate
1%
ranks #69 out of 963 cards.
Average is 0.99%.
Effective Reward Rate
1%
ranks #187 out of 958 cards.
Average is 1.04%.
Sign-up Bonus
$0
ranks #1762 out of 1762 cards.
Average is $33.
Credit Card Review: Continental Airlines Presidential Plus Credit Card


Author:
NERDBOT

Should you get the Continental Airlines Presidential Plus Credit Card? We'll give you our take on the perks and drawbacks of this card and tell you how it stacks up against the Capital One® Venture℠ Rewards Credit Card. For a dynamic comparison of all our cards, check out our credit card tool.

NerdWallet Review: The Continental Airlines Presidential Plus Credit Card

Annual fee: The Continental Airlines Presidential Plus Credit Card does come with an annual fee. An annual fee isn't necessarily a bad thing. Those who put a lot of money on their cards will often benefit from higher rewards rates or more extensive perks. Credit cards for bad credit will often carry annual fees as well, and are pretty much a necessary evil if you're looking to build credit.

No foreign transaction fee: The card's foreign transaction fee is waived. This fee is usually 3% of all your overseas purchases, and can be quite a burden. It adds up quickly: just two grand spent overseas means a $60 fee. International travelers should consider a waived foreign transaction fee a prerequisite for their card.

Credit Card Showdown: Continental Airlines Presidential Plus Credit Card vs. Capital One® Venture℠ Rewards Credit Card

Lower base rewards rate: The card has a lower base rewards rate than the Capital One® Venture℠ Rewards Credit Card. A decent base rewards rate is important if you're planning on using the card as your go-to. However, many cards give excellent rewards on bonus categories but don't necessarily have the flashiest base rates.

Same late fee: The Continental Airlines Presidential Plus Credit Card has the same late fee as the Capital One® Venture℠ Rewards Credit Card. In theory, you should avoid incurring late payment fees altogether. Not only do you have to pay this one-time charge, you might get stuck with a big penalty APR that lasts six months or more.

Smaller signup bonus: The card's signup bonus is smaller than the Capital One® Venture℠ Rewards Credit Card's, which of course means you're sacrificing some money right off the bat. Obviously this isn't the only consideration you should take into account, but hey, we thought you should know.

Read the full review of the Capital One® Venture℠ Rewards Credit Card on our blog

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