Fidelity Cash Back Credit Card

Did you know that investment fund leader, Fidelity Investments, has a Fidelity cash back credit card that can be used to automatically put money into your Fidelity account for all purchases you make?

The Fidelity Cash Back credit card is officially know as the Fidelity Investment Rewards Signature Card. Just like an ordinary cash back card, it converts 1.5% of whatever you spend into a Fidelity account deposit. The amount rises to 2% once you’ve spent $15,000 annually. So rather than charge, get a rebate and save, the three step cycle here is charge, get a rebate, invest. This almost forces you to invest your money and gorw it with a Fidelity account.

There are no limits on the cash rewards t the card, and no annual fee for the card. Visa is the issuer. It’s a painless way to turn points into investment dollars. With the 1.5% and 2% conversions, you earn 1.5 points for each $1 spent on the first $15,000 in purchases per year, and 2 points per $1 in purchases thereafter. Upon reaching 5,000 points, the points can be converted into a deposit in your eligible designated Fidelity account (5,000 points = $50 deposit).

To get one of the cards, you can apply Online at Fidelity.com or call 866-598-4971.