This card does not exist anymore, their is a new Fidelity visa can but there are no 5% back categories.
The Offer
- Current cardholders of the American Express Fidelity card should have received an e-mail that they can get 5% cash back in the following categories:
- Airfare
- Hotels
- Travel agencies
- Car rentals
- Cruises
The Fine Print
- You can earn a limit of $25 cash back ($500 in spend)
- Must enroll in this offer at https://easyrewards.fiacardservices.com/
- Valid until March 31st, 2015
- Allow up to 12 weeks after the promotion ends for your credit to post
Our Verdict
If you didn’t receive the targeted e-mail, try going here. Then click “don’t have one” and follow the prompts. As more cards start to offer 2% cash back or more, Fidelity is going to have to improve this card continually to stay relevant.
Fidelity can afford to eat losses on this card because Fidelity customers that have this card keep on average 3.5 times more in their fidelity accounts than those without this credit card. The $500 spend limit is pretty pathetic when compared to other 5% cash back cards, but obviously the upside is that this card earns 2% cash back on all purchases rather than the standard 1% cash back.
Hopefully this is a sign of things to come and they start offering 5% categories every month that are open to all.
Hat tip to DebtNul from myFICO
