Update 6/28/20: This offer has been sent out again.
The Offer
No direct link to offer. Sent out via snail mail to some existing Fidelity customers
- Fidelity is offering some existing customers a bonus of up to $300 when they sign up for the Fidelity Rewards Visa signature card. Bonus is broken down as follows:
- Earn a $150 bonus after you spend $1,500 or more within the first 90 days of account opening
- Earn an additional $150 bonus after you spend an additional $4,500 ($6,000 total) within the first 90 days of account opening
Card Details
- No annual fee
- Card earns 2% cash back on all purchases
- Introductory APR of 0% on purchases and balance transfers for the first 12 billing cycles
Our Verdict
This card has a public sign up bonus of $100, so this $300 offer is significantly better. It’s also always useful to have a 2% everywhere card to put non category spend on if you’re not trying to meet a minimum spend requirement. This card frequently has targeted spending bonuses as well, problem is that they usually don’t post automatically without some nudging on your behalf so lots of cardholders just don’t bother with them. Overall a fantastic deal and well worth doing if you’re targeted, wish this was a public bonus because if it was it would be added to the best credit card bonus page.
Hat tip to reader Joey S
How is Elan Fin with bank account funding on this card?
Does anyone know which credit report Fidelity pulls for this card? thanks
There’s a comment below that says it’s TransUnion. Maybe look through some other threads too and see if anyone mentioned it.
Thank you
Ostrich Rider I searched for lot of words in the comments but didnt search for that one.
Confirming it is transunion
They are paying out really quick. I hit the MSR during the second billing cycle, and the bonus posted on the statement at the end of the second billing cycle.
I was approved for the card, and using it now. It wasn’t added to the list of accounts at the Credit Bureaus. Does anyone else have this experience?
It sometimes takes a month or a few months to show there.
Are they only targeting Fidelity checking customers? I have a Fidelity brokerage account but no checking. I read through the comments and didn’t see this discussed. Thanks.
I have a Fidelity brokerage account, and I got the $150 offer for spending $1500 this morning. No word on the additional $150 for $4500 in spending.
I don’t know when this change happened but for long as I remembered the minimum amount to redeem was $50 and last week I received a deposit into my investment account from my rewards account for $29. I’m guessing they lowered the minimum to $25 now?
Looks like it did change to 2500 points, when I look in my account it now says:
“Redeem your Fidelity Rewards for a cash deposit into an eligible Fidelity account at any time you choose, once you have reached a minimum of 2,500 points”
Does anyone know if the $100 bonus for $500 spend is still available if applying over the phone? Thanks
I love two-stage bonuses, but anyone else think $6,000 for $300 is out of line with other banks’ expectations? Most $4,000 spend offers are worth $500+, most $5,000 spend offers are worth $700+.
*MS has entered the chat*
Public $150 offer: https://www.fidelity.com/go/rewards-visa-signature-card-1501
thanks for this!
Went with a targeted $150 mail offer earlier this year…