Fidelity Visa $20+ Bonus with Spend, Various Targeted Offers

The Offer

Direct Link (requires unique offer code)

The Fidelity 2% Visa card from Elan is sending out various targeted spend offers on the card.

All are for a promotional period from March 1 through April 30, and all the bonuses work with a requirement to spend $xx and then get a bonus 1% back on up to $xx in spend.

The best offer is:

• Spend $50, then earn an extra 1% back (total 3% back) on the next $2,000 in spend. Basically, spend $2050 and get $41 in regular cashback + $20 in bonus cash back.

All the other variants of this offer add more spend before the extra 1% kicks in: spend $100/ $300/ $500/ $650/ $900/ $1050/ $2,000/ $2,100/ $2900/ $3,000/ $3,400/ $5,400; then get an extra 1% on the next $2,000 in spend.

A few other bonus offers some people are seeing:

• Spend $1950 and get a $39 bonus; should end up being 4% everywhere with $1,950 in spend
• Spend $2,100 and get a $42 bonus; should end up being 4% everywhere with $2,100 in spend
• Spend $500 and get an extra $150 on top of regular cash back
• Spend $700, then earn an extra 1% back (total 3% back) on up to $1,400 in spend

Our Verdict

I found it pretty hysterical that there are so many different offers, as if a bored secretary randomly put whatever offer came to their mind. More likely, there’s an algorithm which is deciding the offer based on your prior spend history, and that algorithm automatically changes the spend amount for each person.

All of these offers could be useful for someone who has a lot of 2% spend. For those with more limited spend, the low-spend requirement offers are pretty good since you’ll end up pretty close to 3% back on purchases.

I haven’t yet gotten any email offers myself, but I wouldn’t be surprised if it’ll still come as this offer seems widespread.

Hat tip to r/churning and Slickdeals