Fidelity US Bank Visa

[Buy49Get1Free]

Not interested in this card, but just noticed the news.

 

[nbipbm]

I had a feeling it would be them. I don't believe many people have lots of US Bank accounts, so it's good that it's them and not Chase or Barclays.

[racer-x]

Glad I got the $6k increase 2 days ago on my Fidelity Amex....US Bank is superstingy.

They are my main bank. I have a Cash +, Harley-Davidson Visa, PLOC, RLOC and now the Fidelity US Bank VISA?

Edited January 4, 2016 by racer-x

[Buy49Get1Free]

I already have Citi DC for 2% CB no AF.
I'd rather avoid US Bank.
I don't need Fidelity (I use Vanguard).

This card seems totally useless to me, but I'm interested in what others say.

[TrevorHere]

Why avoid usBank?

 

Decent bank. And, diversity is a good idea in the current merger, acquisition lender environment...

[CTSoxFan]

So I wonder what will happen to my $75K FIA Amex. I have a $20K USB Cash+ (useless card to me now), maybe I can get a fidelity 2% card and move the limit from the C+...

[nateinva]

FYI...

 

http://www.doctorofcredit.com/fidelity-to-drop-amex-bofa-and-transition-to-visa-us-bank/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+DoctorOfCredit+%28Doctor+Of+Credit%29

[racer-x]

I already have Citi DC for 2% CB no AF.

I'd rather avoid US Bank.

I don't need Fidelity (I use Vanguard).

 

This card seems totally useless to me, but I'm interested in what others say.

 

? Fidelity is 2% cash back, no fee.

Fidelity is really nice if you have investments, 401k with them...You can get a CMA (Cash management acct).

It is rated as one of THE best cards out there.

[Buy49Get1Free]

Here's a link for the card

https://www.fidelity.com/cash-management/visa-signature-card

 

It looks like the issuer is actually Elan Financial Services (never heard of them, but it seems they're somehow part of US Bank).

 

 

 

I already have Citi DC for 2% CB no AF.
I'd rather avoid US Bank.
I don't need Fidelity (I use Vanguard).

This card seems totally useless to me, but I'm interested in what others say.

? Fidelity is 2% cash back, no fee.

Fidelity is really nice if you have investments, 401k with them...You can get a CMA (Cash management acct).

It is rated as one of THE best cards out there.

 

 

Sure, it's certainly a good card. I just meant it's not much use to me personally at the moment because it would just duplicate things I've already got. (I've got a lot of cards recently and I really need to garden. I might get this one eventually.)

[almostanonymous]

US Bank has also purchased the existing Fidelity portfolio, so it looks like existing cardholders won't be forced into a lesser FIA product.

[TrevorHere]

Here's a link for the card

https://www.fidelity.com/cash-management/visa-signature-card

 

It looks like the issuer is actually Elan Financial Services (never heard of them, but it seems they're somehow part of US Bank).

 

 

 

I already have Citi DC for 2% CB no AF.

I'd rather avoid US Bank.

I don't need Fidelity (I use Vanguard).

 

This card seems totally useless to me, but I'm interested in what others say.

 

? Fidelity is 2% cash back, no fee.

Fidelity is really nice if you have investments, 401k with them...You can get a CMA (Cash management acct).

It is rated as one of THE best cards out there.

 

 

Sure, it's certainly a good card. I just meant it's not much use to me personally at the moment because it would just duplicate things I've already got. (I've got a lot of cards recently and I really need to garden. I might get this one eventually.)

One can never have too many 2% value (or more) cards

[mendelssohn]

No regrets on closing my card and moving the limit.

[TrevorHere]

I assume they are taking on the AMEX cards as well as the visa...

[Big Bear]

Interesting...This card has been on my radar for some time (for general, non-category spending), but USBank is a bit disappointing (currently have a middle of the road limit with them). Overall, as long as they don't change too much with the rewards structure, it'd still be worth obtaining if you are a Fidelity customer (401k here, as everything else is with Vanguard).

 

Edit: missed the link above for the new card...still looks pretty good to me

Edited January 4, 2016 by Big Bear

[almostanonymous]

I assume they are taking on the AMEX cards as well as the visa...

 

Amex cards are all being converted to Visa Sig by July 1.

 

 

With US Bank known to be fairly conservative, I'm wondering if there will be some blowback on credit limits for existing US Bank cardholders. This will put me at over 50% of income in CL with the Fidelity card and Cash+.

Edited January 4, 2016 by almostanonymous

[CTSoxFan]

I will be moving my Fidelity over to a BOA card, and then maybe go for this card (especially if it is US Bank backed and I can move my cash+ limit to it). I have the Citi DC for a 2% product, so that isn't a huge deal for me.

[Buy49Get1Free]

Other thread

https://creditboards.com/forums/index.php?showtopic=557192

[racer-x]

I will be moving my Fidelity over to a BOA card, and then maybe go for this card (especially if it is US Bank backed and I can move my cash+ limit to it). I have the Citi DC for a 2% product, so that isn't a huge deal for me.

THAT, sounds like a good idea for me to. I could move the Fidelity to my BOA cash rewards which would make it $23.6k. I already have 4 cc's/PLOC with us Bank.

[CTSoxFan]

I will be moving my Fidelity over to a BOA card, and then maybe go for this card (especially if it is US Bank backed and I can move my cash+ limit to it). I have the Citi DC for a 2% product, so that isn't a huge deal for me.

 

I actually applied and was approved for a BOA rewards card for $21k, and plan on moving the $75K Fidelity Amex to it, giving me a $96K card...which will be the new king of the wallet for me (in terms of CL).

Edited January 5, 2016 by CTSoxFan

[racer-x]

 

I will be moving my Fidelity over to a BOA card, and then maybe go for this card (especially if it is US Bank backed and I can move my cash+ limit to it). I have the Citi DC for a 2% product, so that isn't a huge deal for me.

 

I actually applied and was approved for a BOA rewards card for $21k, and plan on moving the $75K Fidelity Amex to it, giving me a $96K card...which will be the new king of the wallet for me (in terms of CL).

 

He ll yea!

[mendelssohn]

 

I will be moving my Fidelity over to a BOA card, and then maybe go for this card (especially if it is US Bank backed and I can move my cash+ limit to it). I have the Citi DC for a 2% product, so that isn't a huge deal for me.

I actually applied and was approved for a BOA rewards card for $21k, and plan on moving the $75K Fidelity Amex to it, giving me a $96K card...which will be the new king of the wallet for me (in terms of CL).

[TrevorHere]

 

I will be moving my Fidelity over to a BOA card, and then maybe go for this card (especially if it is US Bank backed and I can move my cash+ limit to it). I have the Citi DC for a 2% product, so that isn't a huge deal for me.

 

I actually applied and was approved for a BOA rewards card for $21k, and plan on moving the $75K Fidelity Amex to it, giving me a $96K card...which will be the new king of the wallet for me (in terms of CL).

 

Nice!

[RVR]

On NBR last night, they reported:

A) AMEX dropped the Fidelity card because it resulted in less than 1% of their total billable transactions.

They plan to rollout an AMEX branded Charles Schwab card.

 

Edited January 5, 2016 by RVR

[akadaisy]

On NBR last night, they reported:

 

A) AMEX dropped the Fidelity card because it resulted in less than 1% of their total billable transactions.

 

They plan to rollout an AMEX branded Charles Schwab card.

 

A Schwab card piques my interest; I have a Schwab IRA and anticipate setting up brokerage and checking accounts there this year.

[TrevorHere]

 

On NBR last night, they reported:

 

A) AMEX dropped the Fidelity card because it resulted in less than 1% of their total billable transactions.

 

They plan to rollout an AMEX branded Charles Schwab card.

 

A Schwab card piques my interest; I have a Schwab IRA and anticipate setting up brokerage and checking accounts there this year.

 

There was a Schwab card up until about 4 years ago. Now there's plans to revive. Hopefully a better card this time...