Annual Fee

Welcome Bonus

Base Earn Rate

Top Earn Categories

Network

Key Benefits

Pros

• +$1,650 in annual credits more than covers $795 fee
• +Priority Pass Select with 2 guests included
• +Exclusive Chase Sapphire Lounge access
• +Primary rental car coverage saves $15-30/day
• +Points worth 50% more through Chase Travel

• +True 2% unlimited cash back on all purchases with no annual fee
• +Rewards auto-deposit into Fidelity brokerage, IRA, 529, or cash management accounts
• +No minimum redemption threshold (rewards deposit automatically)
• +$150 welcome bonus after $1,500 spend in 90 days
• +Visa Signature benefits: extended warranty, purchase protection, concierge

Cons

• −$795 annual fee is substantial commitment
• −5/24 rule restricts applicants with recent cards
• −Credits require specific spending patterns to use
• −$195 authorized user fee with no free users
• −No 0% intro APR offer

• −Requires Fidelity account for redemption (cannot get cash to bank account)
• −1% foreign transaction fee makes it unsuitable for international travel
• −Not flexible if you ever want to leave Fidelity
• −No premium travel benefits or lounge access
• −Issued by Elan Financial Services, not Fidelity directly (customer service may vary)

Annual Fee

Welcome Bonus

Base Earn Rate

Top Earn Categories

Network

Key Benefits

Pros

• +$1,650 in annual credits more than covers $795 fee
• +Priority Pass Select with 2 guests included
• +Exclusive Chase Sapphire Lounge access
• +Primary rental car coverage saves $15-30/day
• +Points worth 50% more through Chase Travel

• +True 2% unlimited cash back on all purchases with no annual fee
• +Rewards auto-deposit into Fidelity brokerage, IRA, 529, or cash management accounts
• +No minimum redemption threshold (rewards deposit automatically)
• +$150 welcome bonus after $1,500 spend in 90 days
• +Visa Signature benefits: extended warranty, purchase protection, concierge

Cons

• −$795 annual fee is substantial commitment
• −5/24 rule restricts applicants with recent cards
• −Credits require specific spending patterns to use
• −$195 authorized user fee with no free users
• −No 0% intro APR offer

• −Requires Fidelity account for redemption (cannot get cash to bank account)
• −1% foreign transaction fee makes it unsuitable for international travel
• −Not flexible if you ever want to leave Fidelity
• −No premium travel benefits or lounge access
• −Issued by Elan Financial Services, not Fidelity directly (customer service may vary)

Annual Fee

Welcome Bonus

Base Earn Rate

Top Earn Categories

Network

Key Benefits

Pros

• +$1,650 in annual credits more than covers $795 fee
• +Priority Pass Select with 2 guests included
• +Exclusive Chase Sapphire Lounge access
• +Primary rental car coverage saves $15-30/day
• +Points worth 50% more through Chase Travel

• +True 2% unlimited cash back on all purchases with no annual fee
• +Rewards auto-deposit into Fidelity brokerage, IRA, 529, or cash management accounts
• +No minimum redemption threshold (rewards deposit automatically)
• +$150 welcome bonus after $1,500 spend in 90 days
• +Visa Signature benefits: extended warranty, purchase protection, concierge

Cons

• −$795 annual fee is substantial commitment
• −5/24 rule restricts applicants with recent cards
• −Credits require specific spending patterns to use
• −$195 authorized user fee with no free users
• −No 0% intro APR offer

• −Requires Fidelity account for redemption (cannot get cash to bank account)
• −1% foreign transaction fee makes it unsuitable for international travel
• −Not flexible if you ever want to leave Fidelity
• −No premium travel benefits or lounge access
• −Issued by Elan Financial Services, not Fidelity directly (customer service may vary)