The Offer
- Several readers (& Fatwallet & Reddit) have reported receiving the following sign up bonus on the Fidelity Visa card from Elan services (U.S. Bank):
- $100 bonus when you spend $500 (some offers are after first purchase) within three months of account opening
- $200 bonus when you spend $2,000 within three months of account opening
Card Benefits
- No annual fee
- Card earns 2% cash back on all purchases
Our Verdict
Everybody that was targeted was an existing Fidelity customer, I doubt we’ll see a public bonus on this card but it looks like they are keen to get existing customers using this card. The Citi Double cash sent out a similar targeted offer when they first launched. There is a growing list of cards that earn 2% cash back on all purchases but a 2% card with a sign up bonus would be a must get for anybody without a 2% card in my opinion. If you’re just looking for a cash sign up bonus, there are definitely better options out there.
Hat tip to reader Jeff H