Fidelity Rewards Visa Signature Card
- Annual Fee
- $0
At a Glance
- Annual Fee
- $0
- Authorized User Fee
- $0
- Foreign Transaction Fee
- $0
- Network
- Visa Signature
- Rewards Currency
- Cash
- Point Valuation
- 1¢ (cash back)
- Credit Required
- Good to Excellent
Earning Rates
- 2%
All Other
Unlimited 2% cash back on all purchases deposited to eligible Fidelity account
Benefits & Perks
Travel Benefits
3 perksHotel Program
Concierge
General Travel
Annual Credits & Statement Credits
1 creditsUp to
$25
in recurring credits (annual)
Up to $100 back for Global Entry or TSA PreCheck
Up to $100 in Reward Points once every four years when you pay the Global Entry or TSA PreCheck fee with the card.
$100
Every 4 years
Insurance & Protections
6 protections24/7 worldwide travel and emergency assistance
Access 24/7 multilingual travel assistance including medical referrals, legal help, emergency cash, and lost luggage support.
Auto rental collision damage waiver
$75,000
secondary
Get coverage for collision damage, theft, and loss-of-use when renting a car. Coverage type (primary vs secondary) varies by issuer.
Up to $3,000 lost luggage coverage per trip
$3,000
secondary
Get reimbursed up to $3,000 per person per trip for lost, stolen, or damaged luggage when traveling with your card.
$500 per claim on theft or damage
$500
Get reimbursement up to $500 per claim for items stolen or damaged by accident within 90 days of purchase.
24/7 roadside dispatch assistance (pay-per-use)
24/7 roadside assistance including jump-start, lockout, towing, and fuel delivery. Services charged as flat fee per call.
Show all 6 protectionsShow fewer protections
Travel Accident Insurance
$250,000
When you pay for your air, bus, train or cruise transportation with your card, you are eligible to receive accidental death or dismemberment coverage
Program & Transfers
Fidelity Rewards
Fidelity Rewards offers a straightforward value proposition: unlimited 2% cash back on all purchases when deposited into eligible Fidelity investment accounts. Unlike complex points programs, there are no transfer partners, no categories to track, and no caps or limits. The unique advantage is the direct deposit into tax-advantaged accounts like Traditional IRAs, Roth IRAs, 529 college savings plans, and HSAs. This automation removes friction from saving and allows cash back to compound over time. A cardholder spending $2,500/month would earn $600/year deposited directly into their retirement account. As a Visa Signature card, it includes travel protections typically found on premium cards: $75,000 auto rental collision coverage, $250,000 travel accident insurance, lost luggage reimbursement, and Global Entry/TSA PreCheck credit (up to $100 every 4 years). The no-annual-fee, no-foreign-transaction-fee structure makes it a strong daily driver.
Reviews & Analysis
Pros and Cons
Pros
- +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)
- +No foreign transaction fee (removed September 1, 2023)
- +Visa Signature benefits in the issuer's Guide to Benefits: purchase security, lost luggage reimbursement, auto rental collision damage waiver, travel accident insurance, concierge
- +Great for building long-term wealth through automatic investment
Cons
- -The 2% cash back value applies only when points are deposited into an eligible Fidelity account
- -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)
- -No welcome bonus is listed on the issuer's page
Who It's Best For
Best For
- Fidelity investors who want rewards deposited directly into investment accounts
- Long-term wealth builders seeking automatic cash back into IRAs or 529 plans
- People who want a simple 2% flat-rate card without annual fees
- Set-it-and-forget-it investors who prefer auto-deposit to eligible accounts
Not Ideal For
- People without Fidelity accounts (the full 2% value requires an eligible Fidelity account)
- Those who prefer statement credits or direct cash back to bank accounts
- Travelers seeking premium benefits like lounge access or travel credits
- People who want to maximize every spending category with multiple cards
The Math: Is $0 Worth It?
Credit Utilization (60%)
Excludes earning value, lounge access, insurance, and elite status
Total Value Captured
$15
Annual Fee
-$0
Net Annual Value
+$15
Details & Terms
Payment Terms
| Purchase APR | 16.74%–26.74% (Variable) |
| Cash Advance APR | 27.74% (Variable) |
| Foreign Transaction Fee | $0 |
| Authorized User Fee | $0 |
Media & Resources
Card Design
Evidence Sources
| Source | Verified | Citation |
|---|---|---|
| Fidelity Official | — | Fidelity Official |
| NerdWallet | — | NerdWallet |
| Fidelity Official | — | Fidelity Official |
| Fidelity Official | — | Fidelity Official |
| Fidelity Official | — | Fidelity Official |
| Fidelity Official | Fidelity Official | |
| Fidelity Official | Fidelity Official | |
| Fidelity Official | Fidelity Official |