Update: If you are looking for the best Continental Airline miles credit card we currently recommend the Continental Airlines OnePass® Plus Card, which has a much lower annual fee and offers two miles for every dollar spent on travel and one mile on all other purchases, which is the same as the Presidential Plus card. With the One Pass card you also earn 25,000 bonus miles with your first purchase.

Verdict: The Continental Airlines Presidential Plus World Mastercard is for Continental Airlines Elite and Presidents Club members only. This card is designed for individuals that spend a significant amount of time flying with Continental. There’s a host of travel benefits that make this card a necessity for business travelers.

Overview:
This credit card gives benefits for cardholders when they stay at Hyatt and use Avis, as well as coming with a Presidents Club membership for as long as you carry the card. You also get priority service with Continental. This credit card also earns miles for all purchases, up to 5 per $1. The annual fee for the Continental Airlines Presidential Plus World Mastercard is $375, which is worth the cost to the travelers this card is aimed at.

How This Card Works:
This credit card is good anywhere Mastercards are accepted. You earn miles for every dollar spent with your Continental Airlines Presidential Plus World Mastercard. You earn 1 mile for every purchase, 2 points for purchases with Continental Airlines, hotels, and car rentals. You also earn double points on purchases with OnePass. This card gives you a range of benefits, including priority boarding and express security lines, bonus miles, and upgrades when you stay at the Hyatt or use Avis. You also get a lifetime membership to the Presidents Club, as long as you are a cardholder.

Shopping and Travel Benefits:
You earn 1 point per $1 you spend on anything, and 2 points per $1 you spend with Continental Airlines, as well as on hotel stays and car rentals. You get your first two bags checked for free on all flights with Continental. Along with this, you’ll receive priority check-ins, priority bag tags, express security lines, and priority boarding. You earn twice the miles when you make ShopOnePass purchases and get Business First class tickets 2 for 1 when you purchase international tickets. You get an extra 25% Elite Mileage Bonus on all Continental operated flights, in addition to 2,000 Flex EQMs for every $15,000 in purchases. A spouse may be added for the Presidents Club membership for an additional $150 per year. When you stay at the Hyatt you’ll get Platinum level status upgrades, earning 5 points per dollar spent, no black out dates, a priority line, and platinum extras after every third stay. When you rent a car with Avis you’ll become a member of an exclusive program that gives you up to a two car group upgrade, a guaranteed car without reservations, savings on International rentals, and a members-only line.

Fees:
The APR for the Continental Airlines Presidential Plus World Mastercard is a variable 13.24% that applies to purchases and balance transfers. Cash advances are subject to a 19.24% APR. The overdraft advance APR is 13.99% and the default APR is 27.24%. The grace period is at least 20 days. The annual fee for this Mastercard is $85.00. Transaction fees for balance transfers is 3%, not less than $5. For cash advances, 3% will be charged, not to be less than $10. Late fees are $15 for balances up to $99.99, $29 on balances between $100 and $249.99, and $39 on balances over $250. There is no over the limit fee.

Pros:

• First two bags checked for free on Continental flights
• Up to 5 points per $1 spent
• No pre-set spending limit
• No fraud liability
• MasterRental insurance coverage
• Emergency cash
• 2x points on ShopOnePass purchases
• Business First class tickets are 2 for 1 when you purchase international tickets
• Membership to Presidents Club
• Priority boarding, bag tags, and check-in
• Express security lines
• Upgrades on Hyatt stays
• Upgrades with Avis

Cons:

• $375 annual fee