Happy

You mean incentives to increase spend? Why would Fido want you to do business with FIA if Fido is ditching FIA /BofA for Elan/US Bank? Given Fido does not even give the same 2% to the existing Visa holders, it seems to me Fido could not care less. It is all Elan's business to try to gain more customers so there are all sorts of sign up bonuses and targeted offers but if you ever owned the FIA card you are not eligible. The drive is to gain new customers, NOTHING is done for existing customers. Classic school of the credit card issuers.

Fido CSRs basically know jack on this. They direct you to call Elan. All I want is the non-usable Elan Visa that converted from an FIA closed almost 9 months ago to fall off my Fido home page but I was told by equally clueless Elan rep that it would only happen 30 to 90 days after conversion completion which she gave me as July 26th.

Does Elan manages all US Banks cards or just the "speciality cards"? I have the Club Carlson card from US Bank. While the CSRs are not steller, they are far better than that Elan rep I counter. The only good thing from the call to Elan was no wait at all.

tvholic

FYI, you can "Customize" your Fidelity account list to hide credit cards, if that's any help.

SpammersAreScum

The letter I received didn't say, and neither does the FAQ it referenced. I'd like to think the cut-off would be a bit later than the 16th just in case you can't receive and activate the new by then. The FAQ does note that Jul 22 is the end for accessing the FIA Card Services® Rewards Center and for seeing the old card displayed at fidelity.com.

JEFFJAGUAR

I totally get why Fidelity and/or Elan would have no incentive to current cardholders to continue an association with FIA. But FIA might have; but apparently has no intention of doing so. They apparently want a complete break (totally understandable of course).

upnorth

If Schwab would again come out with their 2% Visa FIA card, I would in heartbeat move my after tax assets in FID to Schwab. I like the Schwab brokerage account including their free world wide ATM fee free and no FTF debit card. My employer uses Elan for the pre tax medical expense account. Their service is not that bad, and is US based.

dlpong

Have any people actually received their replacement Elan card yet? I got the mailer with the change in terms the other day but no card yet.

JEFFJAGUAR

Got it sometime last week (I was away but it was buried in the pile of mail waiting for me to return).

MJonTravel

I got mine week before last.

dougef

Same here - mailer but so far no cards. Figured I'd give it a few more days and then call to see what's up. My daughter got hers a couple of weeks ago.

bawr

Given that Schwab recently introduced a 1.5% cash back Amex with a 2.7% FTF, the reintroduction of a 2% cash back Visa is an unlikely prospect.

Travelomania

Correct. I received the replacement Visa card plus letter stating cut-off date for the the old Amex is July 16th.

missing_link

Received my new Elan-issued Fidelity Visa on 6/22, earning (unfortunately) 1.5% for the first $15k.

I called Elan and asked to be upgraded to the 2% card. The agent said I was eligible for an upgrade, and he did applied the upgrade with immediate effect. Card number did not change or anything. Very easy process.

andrewb42

Did you get your CSR's name? I want to chat with them when my card arrives.

Thanks for the report. Gives me hope.

upnorth

This is very interesting. For me they said they would have to issue new cards. Today I received notice of a new card coming and conditions etc of the new card. Anyway I am happy I am getting 2% cash back from the first dollar. I am currently on 2% for until yr end because I already met the $15k limit early this year.

SpammersAreScum

Got the mailer yesterday, still no card. Mailer confirms no AF and 1% FTF, but does not indicate the cash back %.

You'd think that, since the current card expires in July, they'd put me toward the beginning of the queue. Apparently not.