Some interesting bits about the Fidelity 2% AX

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Mar 2, 2014, 8:10 pm

MsArbi

Original Poster

Join Date: Nov 2013

Posts: 457

Some interesting bits about the Fidelity 2% AX

Deleted.

Last edited by MsArbi; Oct 29, 2014 at 11:41 pm

Mar 2, 2014, 10:59 pm

KiasuChick

Join Date: Jan 2011

Location: LA, CA

Programs: AA EXP, exSPG, Marriott TE

Posts: 26

I love my FIA Fidelity card

Mar 3, 2014, 2:36 am

maksimfa

Join Date: Aug 2011

Location: New Jersey

Programs: Delta P, SPG G, Marriott S, Hertz PC

Posts: 1,007

great presentation.

Food for thought, slide 14 iirc. =)

If you want to blend in, shop more at grocery and gas, less at pharmacy.

Mar 3, 2014, 3:24 am

PaulMSN

FlyerTalk Evangelist

Join Date: Apr 2002

Location: Madison, WI, USA

Posts: 14,162

Quote:

Originally Posted by MsArbi

...The last sentence is revealing - the end of 2% could be coming a bit down the road...

Not really. A guarantee that it will last 18 months does not imply that it will therefore disappear after that time. Market conditions will determine that, and if other 2% cards are still around, they'd likely keep theirs.

Mar 3, 2014, 3:25 am

Doctor of Credit

Join Date: Nov 2013

Location: United States

Posts: 526

Quote:

Originally Posted by maksimfa

great presentation.

Food for thought, slide 14 iirc. =)

If you want to blend in, shop more at grocery and gas, less at pharmacy.

Slide 14 is only set out that way because a lower spend at pharmacies is a better outcome for that card in comparison to the other cards shown.

Quote:

Originally Posted by MsArbi

The last sentence is revealing - the end of 2% could be coming a bit down the road. How this might occur is anyone's guess. Maybe existing cardholders will be grandfathered in, maybe they will introduce a cap. If anyone is holding back on getting this card, you may want to get it sooner rather than later.

I disagree, the last sentence is a commitment to maintain the current rewards structure for a minimum of 18 months. No high level executive is going to make a commitment longer than that for a cash back card (much easier to do with a mile/point card if you know of a planned devaluation or discount on points). A better reason to get the card sooner is that it currently comes with a $75 sign up bonus.

Mar 3, 2014, 6:44 am

theacolyte

Join Date: Jan 2013

Posts: 203

Quote:

Originally Posted by MsArbi

Also I think the Fidelity Visa Signature is underrated. The difference between the VS and AX is just $75 of reduced rewards on the first $15k of spending. For serious MSers who use WM BP, the VS could be the better of the twin.

So a loss of $75 is the better option? I'm not quite sure what you're trying to say.

Mar 3, 2014, 8:23 am

MsArbi

Original Poster

Join Date: Nov 2013

Posts: 457

Deleted.

Last edited by MsArbi; Oct 29, 2014 at 11:40 pm

Mar 3, 2014, 8:29 am

MsArbi

Original Poster

Join Date: Nov 2013

Posts: 457

Deleted.

Last edited by MsArbi; Oct 29, 2014 at 11:40 pm

Mar 3, 2014, 8:32 am

MsArbi

Original Poster

Join Date: Nov 2013

Posts: 457

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Last edited by MsArbi; Oct 29, 2014 at 11:49 pm

Mar 3, 2014, 11:42 am

#10

theacolyte

Join Date: Jan 2013

Posts: 203

Quote:

Originally Posted by MsArbi

You cannot WM BP the AX, but you can pay the VS. For heavy WM BPers, this fact can be worth more than $75.

Let me get this straight, you've had success using WM BP with a VISA Signature credit card. I'm pretty sure that's a first.

Mar 3, 2014, 11:51 am

#11

MsArbi

Original Poster

Join Date: Nov 2013

Posts: 457

Deleted.

Last edited by MsArbi; Oct 29, 2014 at 11:49 pm

Mar 3, 2014, 12:05 pm

#12

theacolyte

Join Date: Jan 2013

Posts: 203

Quote:

Originally Posted by MsArbi

You'd be wrong.

Next thing I know, you're going to tell me that the mint letting you buy thousands in coins with a credit card, no fees!

Mar 6, 2014, 12:06 pm

#13

commdiver

Join Date: Feb 2014

Location: PHL

Posts: 930

If they get rid of the 2%, the card becomes almost worthless. Why would anyone carry around an Amex when Visa cards will then offer rewards that are just as good? I love the Fidelity 2% Amex, but I would never keep it if it did not offer better rewards than my Visas do (I have not MasterCards).