Posted by Chuck on April 2, 2019
Credit Cards

Published on April 2nd, 2019 | by Chuck

29

Fidelity Visa (2% Back Card) $150 Sign Up Bonus Publicly Available

The Offer

Direct link to offer

  • Receive a sign up bonus of $150 when you spend $1,500 or more within the first 90 days on the Fidelity Visa card.
  • Offer valid through June 30, 2019.

 

Card Details

  • No annual fee
  • Card earns 2% cash back on all purchases
  • 1% foreign transaction fee
  • This Bonus Cash offer is available only to new Fidelity Rewards Accounts booked through this special offer. Existing and previous Fidelity Rewards card members are not eligible for this offer
  • Card issued by Elan services (subsidiary of U.S. bank)

Our Verdict

The card often doesn’t have any bonus, or has a bonus of $50 or $100; I don’t think we’ve ever seen a publicly available $150 bonus before (even when it was issued by FIA card services). There is a targeted offer of $300 out there currently, and there’s also a public $100 offer with a lower $1,000 spend requirement.

This is a pretty good deal if you need a card that has a high base spend, if you already have one of those (or don’t need one because you’re spend just goes to minimum spend requirements) then there are better cash sign up bonuses out there. You can read our full review of this card here.

Keep in mind you also need to open an eligible Fidelity account as well (cash management is best option if you don’t want to invest with Fidelity).

Big thanks to reader YL for sharing this



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joE
joE

$150 not worth a card that will go straight into the sock drawer. I only have an HSA with them so if I ever get targeted for $300 I just might pull the trigger.

Abe
Abe

I agree. This is precisely the same reason why I’m not signing up for any of the Chase freedom cards until they target me with a $300 sign-up bonus.

LoveFreeStuff
LoveFreeStuff

What card do you have that gives you better than 2% on all purchases? This seems even better than the Citi Double Cash Back card to me, since it looks like you get the 2% immediately from each purchase rather than split up between when you make a purchase and when you make a card payment which seems annoying for redeeming.

yeet
yeet

If I’m not meeting MSRs or category bonus spend I’d much rather just put everything on a BBP.

LoveFreeStuff
LoveFreeStuff

What does BBP stand for? Nothing comes up when I google it.

MXD
MXD

Amex blue business plus

yeet
yeet

Blue Business Plus

Joe W
Joe W

I have a Citi DC and this card as well (got a targeted letter for $150 bonus). Problem with the Fidelity card is that it has a minimum $50 redemption rate and the Citi DC has a $25 minimum redemption rate. I like to apply my cash back as soon as possible to maximize monthly investments, the Fidelity $50 minimum redemption rate is a deal breaker and I’ll continue to use my Citi DC for non >2% purchases.

elegua
elegua

1- Discover Miles 3%
2- Alliant 3% first year then 2.5%
There are few more out there, 2% cash back is not worth the hard pull and adding another account to your CB.

LoveFreeStuff
LoveFreeStuff

I don’t fly much so don’t need the miles. Alliant has an annual fee. The highest rate available for no-annual-fee flat rate cash-back cards is 2%, that’s all I was getting at.

Sonia
Sonia

yeah this is pretty bad if you have cards that cover your other categories

cowsareverywhere
cowsareverywhere

Would this count as a relationship with US Bank?

Charlie
Charlie

No. In fact, US Bank has put Elan up for sale, so the rather distant association between the two institutions will soon end completely.

Dave
Dave

$1500 spend, lol.

David G
David G

You said it, my brother!

Guess there really aren’t such things as “impulse applies” when it comes to cards. As this otherwise does not seem interesting beyond _THEIR_ and only their sign-up bonus appearing bigger than usual.

gene
gene

how stringent are they on opening accounts/approval for card?

Nina
Nina

I’ve received an email offer today from the fidelity card: buy costco gold membership, receive $40 credit and $20 costco gift card, if sign up for auto renewal.

Lc
Lc

Bottom of Barrell card imo, by how hard is it to get approved for elan financial card when youre lol / 24?

Joe W
Joe W

I’m LOLOLOL/24 and got approved instantly.

Superman
Superman

Post mentions card issued by subsidiary of U.S. Bank, but no clarification on freezing ARS and IDA or not? Or if the related post is even still current? https://www.doctorofcredit.com/two-credit-bureaus-you-should-freeze-before-you-apply-for-a-u-s-bank-credit-card/

William Charles

I think the general consensus is that it’s not necessary to freeze those anymore.

CK9
CK9

I have a fidelity investment account. I would not like to connect the credit card with it. Can I open a new Fidelity Cash Management account and then connect the CC to it?
So, I assume the steps will be
#1. Open Cash Management A/C: https://www.fidelity.com/cash-management/fidelity-cash-management-account/overview
#2. Apply for credit card: https://www.fidelity.com/go/rewards-visa-signature-card-1501

Just wanted to make sure….Looks like their checking account is maintenance free i.e. NO monthly fee or NO minimum balance (plus FREE checks!!).

Snorlax
Snorlax

You can go in and change your linked account anytime.

Quango
Quango

Denied, 20/24

LC
LC

did it give you a reason or just to wait for letter?

Shyam
Shyam

Hi Chuck,
Phone representative was able to pull $150 back after $500 spend when I asked for current offers available. My application pending, but here’s the contact numbers from representatives.
Fidelity Visa Application Line : 888 385 0272
Fidelity Visa Application Status : 800 364 9648

Deke
Deke

Anyone that applied what bureau did they pull?

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