Comments on: Fidelity Retirement Rewards Amex: Earn 2% Rebate on Purchases

By: Fidelity Sweetens Its Credit Card Offers · Credit Card Watcher

Fidelity Sweetens Its Credit Card Offers · Credit Card Watcher — Fri, 30 Jan 2009 14:54:33 +0000

[...] American Express and the Fidelity Investments 529 College Rewards American Express now join the Fidelity Retirement Rewards American Express in earning a 2% rebate on all purchases. As before, purchases earn points. These points can then be [...]

By: Ariel

Ariel — Fri, 12 Dec 2008 21:19:48 +0000

Yeah definately helpful, good terms catch, I know a few examples of where I could have used this knowledge to save some money. IRA linking.. oh well, future savings i suppose

By: ccwatcher

ccwatcher — Thu, 11 Dec 2008 18:17:37 +0000

Good catch, JP. It appears there is actually significant overlap between the cards with respect to the accounts that they can be linked, and the names of the cards are more for marketing purposes than anything. (ie, the Investment Rewards card can be linked with individual, joint, trust, corporate, Traditional IRA, Roth IRA, and Rollover IRA accounts)

By: JP

JP — Thu, 11 Dec 2008 07:28:09 +0000

Actually, you can put the cash back into non-retirement accounts with the new Retirement Rewards AmEx. According to the Terms and Conditions, “Eligible Fidelity Accounts include all Fidelity non-retirement, Individual Retirement Accounts, and Fidelity-managed 529 Plan accounts that accept ACH deposits.”