Comments on: Fidelity Investment Rewards Visa Card Review

By: Investor Junkie

Investor Junkie — Thu, 10 Nov 2011 20:45:58 +0000

Hi Ben,

Yes that’s a good question, I don’t know.

By: Ben Lomond

Ben Lomond — Thu, 10 Nov 2011 20:13:50 +0000

Schwab card was unreal at simple 2% cash back. I’d take this 1.5% and 2% after $15k in purchases, but if BofA owns fia card services, will this card go away just like the Schwab card did?

By: Jon

Jon — Tue, 01 Nov 2011 04:07:42 +0000

You can setup an automatic draw from your Fidelity account. This has to be done from the FIA card services website….I don’t think you can do it from the mini-screen that is linked directly from Fidelity. They also say it may take up to 2 billing cycles for it to be activated, which doesn’t really make any sense.

Bottom line, they want you to miss a payment or two, because that’s where they make their money. You definitely need to stay on top of it until you’re sure the direct draw is working.

By: Investor Junkie

Investor Junkie — Sat, 08 Oct 2011 22:56:04 +0000

Hi Chuck,

Keep in mind Bank of America (actually it’s subsidiary) is the one issuing the card and the ones offering that feature. So it’s not directly Fidelity’s fault.

By: Chuck

Chuck — Sat, 08 Oct 2011 07:34:21 +0000

I just got one of these Fidelity Rewards Visa Cards. I applied on the web site and the cards showed up a few weeks later.

Now that I have used it for a few weeks it was time to go online any pay my first bill.

You may pay online (that part of the web site is powered by “CheckFree”). So the online payment part of the web site is not seamlessly integrated with your statement.

EEK – there is no provision to just simply pay the account balance in full each month. You can pay ad-hoc amounts or a fixed amount each statement period. But the “feature” for paying off the balance is not available for this card according to the fellow I talked to on the phone.

Balance alerts by e-mail also appear to be non-existent.

There are all sorts of features that seem nice (Virtual Numbers and extra points when buying through catalog links).

Perhaps I’ll write a note to Fidelity and let them know they can keep their points unless the alerting and auto-pay issues are resolved.

Bummer…

By: Joe

Joe — Tue, 13 Sep 2011 13:41:46 +0000

NOTE: there is a 3% foreign transaction fee (1% for the Fidelity AMEX card)

By: APMEX Reviews of Buying Gold and Silver Online

APMEX Reviews of Buying Gold and Silver Online — Sun, 04 Sep 2011 02:38:26 +0000

[...] in bulk. Though when purchasing via credit card it can be a method to quickly rack up those credit card rewards. Once you place your order they will honor their price for a specified time (I believe it’s [...]