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spena

Member Since 27 Jul 2009
Offline Last Active Jul 27 2009 03:37 PM
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Posts I've Made

In Topic: 2% cashback - FIA Card Services : Fidelity Rewards American Express Card; Exp...

27 July 2009 - 03:40 PM

Please watch that the cash reward is only 1% cash, which means a 5000 points will get only $25.

1% cash back is most common deal and are there any American express cards that give more than 1% cash back?

QUOTE(markber @ Jun 9 2009, 06:23 AM) View Post

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LINK

Terms:

Fidelity® Retirement Rewards American Express® Card
Earn 2% on purchases with the option to contribute to your Fidelity IRA as a current year contribution and the money will have the potential to grow tax-deferred toward your retirement savings goal.


Fidelity Investments 529 College Rewards® American Express® Card
Earn 2% on purchases to invest in one or more Fidelity 529 accounts, and the money will have the potential to grow tax-deferred toward your college savings goal. Family members can link cards to your Fidelity-managed 529 account – great for grandparents.


Customers earn 2 points for each $1 in net retail purchases. Once you reach 5,000 points, they can be redeemed automatically or on demand for cash at a 1% exchange rate into an eligible Fidelity account (i.e. 5,000 points = $50 deposit). The ability to contribute to an IRA or 529 college savings plan account is subject to IRS rules and specific program policies, including those on eligibility and annual and maximum contribution limits. Additional restrictions apply.



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