The Offer
Direct Link (requires unique offer code. E-mail subject line is “Earn up to an Additional 2,000 Bonus Points’)
- The Fidelity 2% Visa card from Elan is sending out various targeted spend offers on the card offering an additional 2,000 points ($20)
- Get 1 point per dollar (3% cash back total instead of the standard 2%) on up to $2,000 in spend after meeting an initial spend amount on the card
The Fine Print
- Offer valid after enrollment, from August 1 to September 30th
- Must enroll by August 31st
Our Verdict
Basically, you’ll earn 2% until you hit the threshold, and then you’ll begin earning 3% for the next $2,000 in spend. Elan probably figures out how much they expect you to spend, and they offer you an extra 1% to spend beyond that (max $20).
If you use 2% cards a lot anyway, you might as well shift from Double Cash to Fidelity and get the $20 bonus. These days, there are some 2.5% or 3% cards available, and it won’t necessarily be worth shifting your spend (depending what threshold you got from Elan). In any case, read the terms closely before using. It took me a few minutes until I realized that I do not get 2,000 bonus on $1,900 spend; rather, I get 1 point per dollar beyond $1,900 in spend.
People are still waiting for their $20 Amazon bonuses and $20 bonus from June as well.
Hat tip to reader Avi
