Chip Lupo, Credit Card Writer
The best cash back credit card from Fidelity is the Fidelity® Credit Card because it has a $0 annual fee and gives 2 points per $1 spent on all purchases, redeemable for cash deposits. Cardholders can deposit rewards into a single account or divide them among up to five eligible Fidelity accounts at a rate of 2 cents per point. A minimum of 2,500 points is required before you can redeem.
Fidelity Credit Card Options
With either Fidelity card, you can redeem rewards for travel, merchandise, gift cards, or a statement credit. However, these redemption options will only get you half as much value. The 2% rewards value applies only to points redeemed for deposits into an eligible Fidelity account.
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