Fetch has announced it will be launching Fetch American Express® Card, powered by Imprint in the Fall. Card basics:
- Card earns at the following rates:
- 10x points per $1 spent on retail and grocery
- 5x points on all other purchases
- Earn extra points in high-value categories that change each month
- No annual fee
- No sign up bonus, but “point bonuses” for hitting key checkpoints (image shows 3,000 points after making your first purchase)
- Expanded access to spin and win (non cardholders have access to this, so it’s unclear what the expanded access actually is)
Our Verdict
Earning 10x points sounds great, but a $50 Amazon giftcard costs 55,000 points so that is actually an earning rate under 1% back. Lower value gift cards are even worse at 0.08 per point. This card is an easy pass, although I am sure it will sucker a few people.
I use Fetch to scan receipts but it’s on and off and I enjoy getting a gift card here and there. I don’t point pinch the rewards as much as I would with my amex points. However, this card looks useless. Nope.
Imprint is terrible, and they force you to upload your ID and bank statements when you apply for a card.
https://www.doctorofcredit.com/bread-cashback-american-express-2-cashback-card/
I love how they couldn’t even do a flat 1% (10x) on everything. They could only give you that on retail and grocery. Wouldn’t want people going too crazy!
What if it turns out to have even better spending bonuses than the SYW? 🤯🤯🤯
Talk about “trying to make fetch happen”
Upvote this comment to the moon!
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tks D. That is so fetch
Sketchy company. I was using Fetch to scan receipts years ago. Got tired of it and contacted their customer service to delete my account and data – they refused.
Who do they think they are? Once IHG, Hilton, and Marriott get a whiff of this they’ll pull them into a dark alley and explain that the land of absurdly low point values with good looking lipstick is theirs, and theirs alone
Wha a useless card nobody wants or needs
Stop Trying to Make Fetch Happen
Is Butter a Carb?