 Hello everyone. This is financial author Ahmed Dunn of Ahmed Dunn.com. On this channel, you'll find financial travel and more videos just like the one you're watching right now. If you like what you see, please give it a thumbs up and consider subscribing. Hello everyone. This is financial author Ahmed Dunn of Ahmed Dunn.com. Today, I'll talk about a recent letter I just received in the mail from Chase Canada. Chase Canada will be leaving a Canadian credit card business and they will be closing all the accounts for Chase Marriott Visa Premier credit card and Chase Amazon Canada credit card. So I'll show you the letter I just received and then I'll talk about a little bit more about Chase credit cards in Canada. So this is the letter I received in the mail and what it says that starting March 15 this year, the Chase Marriott Rewards Premier Visa credit card will no longer be available for Canadians and Chase Amazon Canada customers also receive this similar letter and that credit card will also be closed as well. So Chase started accepting applications for Amazon I believe about one year ago and for Chase Marriott Premier Visa card about four months, five months ago. So at that time there was a speculation that this is going to be closed in Canada in the future but I didn't expect it to be so fast. So this is just, I have had this card only for a few months not even most likely for six, seven months and now they're saying that this card is going to be closed. So they're not even charging any annual fee after January 1st, 2018 and for those who paid annual fee before that then they will be returned the money which is going to be paraded for the rest of the month. So I'll flip the letter. So this is Chase offered one of the few credit cards in Canada which did not have any foreign currency fees. So closing these cards mean that Canadians will have less choice in terms of having a credit card which do not charge foreign currency fees. So right now there are two credit cards which you can have without foreign currency fees and I'll put those two cards on the screen. So it looks like this is the end for Chase in Canada. If you're collecting Marriott, Marriott Rewards points, still you can do so by collecting through SPG American Express Gold Credit Card because SPG and Marriott are under the same chain right now since Marriott bought the Chariton chain. So that card will give you the option to get Marriott or Starwood points as well. So it looks like if you like to have a hotel card with the Marriott chain, so right now the Starwood preferred guest American Express card is the only option. And also the future of the American Express SPG card is also unknown. No one knows that whether it will be converted to another card or it will be just closed or what or Chase will terminate contract with American Express or it will strike a deal with other credit card. So right now there's no certainty in anything. So I have the SPG American Express Gold Credit Card as well and I have that Marriott card. So the SPG American Express Gold Card has foreign currency transaction fee but the Chase Marriott did not have that card. So right now I'm going to be getting another credit card with no foreign currency fee which I'll put on the display. So let me know what you think and if you had this card or if you had the Chase Amazon card which will be closing as well. If you like what you see please give it a thumbs up and consider subscribing and I'll be back with another video shortly. Thank you.