Fidelity® Rewards Visa Signature®: 2% Back Towards Your Investments Every Day

Our review of the Fidelity® Rewards Visa Signature®

The Fidelity® Rewards Visa Signature® Card stands out as a unique cash back card that offers valuable rewards redeemable for Fidelity investment and brokerage accounts. Similar to the Schwab Investor Card, this card provides a flat 2% cash back on every eligible net purchase, making it an excellent choice for everyday use without restricting spending to specific categories.

How to Earn Cash Back

With the Fidelity® Rewards Visa Signature® Card, cardholders can earn unlimited 2% cash back on all purchases, with no expiration date on rewards. This rate surpasses that of the Schwab Investor Card and the BB&T Vantage Visa Signature card, offering a higher cash back percentage with no earning limits.

How to Redeem Rewards

One of the unique features of the Fidelity® Rewards Visa Signature® Card is the ability to redeem cash back rewards directly into various Fidelity accounts, including 529 College Savings plans, brokerage accounts, charitable giving accounts, Fidelity® Go accounts, Fidelity® HSA accounts, and retirement accounts. Additionally, cardholders can allocate their rewards to the accounts of loved ones, providing flexibility in reward redemption.

Other Ways to Redeem Provide Less Value

While cardholders can opt to redeem rewards through the Elan Rewards Program for gift cards, merchandise, and travel savings, the true value of the Fidelity® Card lies in investing rewards into Fidelity accounts for long-term financial growth.

Who Can Benefit Most from the Fidelity® Rewards Visa Signature® Card?

The Fidelity® Rewards Visa Signature® Card is ideal for individuals looking to boost retirement savings, plan for future medical expenses, or contribute to charitable causes. With a straightforward cash back structure and the option to invest rewards into various Fidelity accounts, this card is suited for those focused on long-term financial security.

Should You Apply for the Fidelity® Rewards Visa Signature® Card?

Overall, the Fidelity® Rewards Visa Signature® Card is a top choice for those serious about their investments and financial goals. While it may not offer the flashy rewards of other cash back cards, the ability to earn 2% cash back on every purchase and invest rewards directly into Fidelity accounts sets this card apart as a valuable tool for building financial security.