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Regular Contributor
SportBike4Life
Posts: 123
Registered: ‎07-22-2012

Fidelity Amex Retirement Rewards Credit Card

Anyone know if I have the Fidelity Amex Retirement Rewards Credit Card if I can transfer the reward points into any Fidelity account (namely, a simple cash management account)? I am not currently employed so I guess a Fidelity cash management account would be my only option to redeem the card reward points? 

Jun 2012 FICO® ~ 734 EQ
Sep 2012 FICO® ~ 684 EQ; 734 TU
Oct 2012 FICO® ~ TBA

Goal for 2014 ~760+

Trying to stay in the garden...but also trying to get as many apps as possible for now :smileywink:
Valued Contributor
CreditScholar
Posts: 2,300
Registered: ‎01-22-2012

Re: Fidelity Amex Retirement Rewards Credit Card

Fidelity points can also be transferred to Aeroplan at a 1:1 ratio. IMO this is a huge benefit and one that is not often publicized.

 

2 AP miles per $1 spent is huge, and for those looking for US miles you can transfer them at a 1:0.85 ratio via points.com. That's essentially getting you 1.7 US miles per dollar spend. Absolutely amazing.

FICOs: EX: 826, EQ: 817, TU: 810
Bank of America Privileges with Travel Rewards Visa Signature - $23,200 CL
Chase Sapphire Preferred Visa Signature - $12,700 CL
Chase United MileagePlus Club World Elite MasterCard - $26,500 CL
Citibank American Airlines Executive World Elite MasterCard - $22,500 CL
J.P. Morgan Ritz Carlton Visa Signature - $23,500 CL
Senior Contributor
Wolf3
Posts: 3,198
Registered: ‎01-24-2010

Re: Fidelity Amex Retirement Rewards Credit Card

I just got an email invite.  Here is footnote 2

 

Eligible registrations include all nonretirement registrations, Traditional IRA, Roth IRA, Rollover IRA, SEP-IRA, and all Fidelity-managed 529 plans. Full details appear in the Program Rules, which will be included in your welcome materials. 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

 

 

So you can put it in most any time of account.

 

Senior Contributor
Open123
Posts: 4,035
Registered: ‎02-23-2011

Re: Fidelity Amex Retirement Rewards Credit Card


CreditScholar wrote:

Fidelity points can also be transferred to Aeroplan at a 1:1 ratio. IMO this is a huge benefit and one that is not often publicized.

 

2 AP miles per $1 spent is huge, and for those looking for US miles you can transfer them at a 1:0.85 ratio via points.com. That's essentially getting you 1.7 US miles per dollar spend. Absolutely amazing.


Never knew that!  Now, I see why so many would insist on using their Fidelity Amex.

Valued Contributor
navigatethis12
Posts: 1,886
Registered: ‎01-24-2012

Re: Fidelity Amex Retirement Rewards Credit Card

I have the cash management account and you can redeem the rewards into it.

Valued Contributor
CreditScholar
Posts: 2,300
Registered: ‎01-22-2012

Re: Fidelity Amex Retirement Rewards Credit Card


Open123 wrote:

CreditScholar wrote:

Fidelity points can also be transferred to Aeroplan at a 1:1 ratio. IMO this is a huge benefit and one that is not often publicized.

 

2 AP miles per $1 spent is huge, and for those looking for US miles you can transfer them at a 1:0.85 ratio via points.com. That's essentially getting you 1.7 US miles per dollar spend. Absolutely amazing.


Never knew that!  Now, I see why so many would insist on using their Fidelity Amex.


I've been considering picking this up as a 4th card sometime next year. My primary mileage programs are UA and US, so this would really help.

 

The 2% equivalent cash-back is also quite flexible, as is the ability to leave it in Aeroplan. It has an almost identical redemption chart to UA, although unlike UA it imposes YQ on most *A partners and this diminishes some of its value. Given the 15% loss via points.com, US transfers would be great primarily for their extremely high-value redemptions (business to Asia or Australia, and off-peak premium cabin redemptions to Europe).

FICOs: EX: 826, EQ: 817, TU: 810
Bank of America Privileges with Travel Rewards Visa Signature - $23,200 CL
Chase Sapphire Preferred Visa Signature - $12,700 CL
Chase United MileagePlus Club World Elite MasterCard - $26,500 CL
Citibank American Airlines Executive World Elite MasterCard - $22,500 CL
J.P. Morgan Ritz Carlton Visa Signature - $23,500 CL

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