Investing

What Are The Current Fidelity Rewards For Customers?

Image of a beautiful happy optimistic young girl student indoors studying using mobile phone holding credit card.
Dean Drobot / Shutterstock.com

Fidelity customers can earn rewards through the Fidelity Rewards Visa Signature Credit Card.

The Fidelity credit card gives you 2% cash back on every purchase. You can spend your rewards or deposit your earnings into an eligible Fidelity account including a brokerage account or individual retirement account (IRA).

And there’s no annual fee, making the Fidelity credit card a competitive rewards option on the market today.

The APR is generally around a variable 19.24%, depending on creditworthiness.

Fidelity credit card benefits and features

Shot of beautiful glad young female with Afro hairdo, types number of credit card on smart phone, makes purchase online or checks bank account, recreats in outdoor cozy cafe with fresh cocktail
Source: Cast Of Thousands / Shutterstock.com
The Fidelity credit card can be a beneficial companion to an existing Fidelity account.

The Fidelity credit card offers 2% cash back on everyday purchases and there are no restrictive categories. There’s no cap on earnings and your rewards won’t expire.

Plus, you can deposit your points into one of these Fidelity accounts.

  • Brokerage account
  • Traditional IRA
  • Roth IRA
  • Fidelity Go account (robo-advisor)
  • Cash Management Account
  • Health savings account (HSA)
  • 529 College Savings plan
  • Charitable Giving Account

If you have multiple Fidelity accounts, you can divide your rewards among up to five.

But the Fidelity credit card offers more than just a competitive rewards program. It also comes with fraud liability protection and zero foreign transaction fees.

You’d also get travel rewards like luxury hotel benefits and emergency lost luggage reimbursement.

Furthermore, Fidelity Wealth Management clients who are card holders get 3% cash back.

Moreover, the Fidelity Rewards Visa Signature credit card is equipped with touchless payment capabilities. And it can be linked to digital wallets like Apple Pay, Google Pay, and Samsung Pay.

Fidelity rewards credit card: Is it worth it?

Happy older couple booking trip or making purchase online with credit card using laptop computer. African American and Caucasian husband and wife paying off outstanding debt
Source: Rocketclips, Inc. / Shutterstock.com
Before singing up, weigh the pros and cons of the Fidelity credit card.

With 2% cash back and no annual fee, the Fidelity Rewards Visa Signature Credit Card stands out among the competition.

However, you’d likely need excellent credit to qualify for this card. And you’d also need a Fidelity account such as a brokerage account or Fidelity Roth IRA to apply.

So if you don’t already have a Fidelity account or aren’t interested in getting one, you may want to explore similar options at firms like Charles Schwab, E-trade, and Robinhood.

And keep in mind that unlike many of its competitors, Fidelity currently doesn’t offer an introductory 0% APR period with this credit card.

Why we are covering this

Source: bernie_photo / iStock via Getty Images
Take a magnifying glass to credit card rewards programs before making a decision.

Considering volatility in the interest rate environment and inflationary pressures, many consumers are seeking beneficial rewards programs when shopping for credit cards. But there are many options to choose from – each with their own pros and cons. So to make it easier to narrow down your options, we shed light on the Fidelity Rewards Visa Signature Credit Card.

If you want to learn more about Fidelity, check out our regularly-updated list of Fidelity Investments guides, news and coverage.

ALERT: Take This Retirement Quiz Now  (Sponsored)

Take the quiz below to get matched with a financial advisor today.

Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests.

Here’s how it works:
1. Answer SmartAsset advisor match quiz
2. Review your pre-screened matches at your leisure. Check out the advisors’ profiles.
3. Speak with advisors at no cost to you. Have an introductory call on the phone or introduction in person and choose whom to work with in the future

Take the retirement quiz right here.

Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.