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Old 01-09-2020, 08:15 PM
 
2,327 posts, read 2,179,721 times
Reputation: 563

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No annual fee please.

I do want VISA card (I do go to Costco while and while). I do prefer 2% cash back (most credit cards offer only 1.5%). I don't like to keep too many credit cards, I used to have more than 10 credit cards, now it is down to 5 credit cards, but still want to look for one primary credit card meeting these requirements.

Fidelity Visa card meets those requirements, but the reward point has to be deposited to other fidelity account in order to get 2% cash back, otherwise only 1%.

For some other reasons, I would like to switch from Fidelity Visa card to another Visa credit card, as long as it offers same benefits (no annual fee, 2% cash back).

I am not sure if there is any alternative.

If the card does not have foreign transaction fee, that is even better, but this is not an important factor for me.

Thanks.
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Old 01-09-2020, 08:18 PM
 
Location: Omaha, Nebraska
10,358 posts, read 7,990,783 times
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Look at the Citibank Double Cash VISA. 2% back on everything, and no annual fee.
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Old 01-09-2020, 08:20 PM
 
2,327 posts, read 2,179,721 times
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Quote:
Originally Posted by Aredhel View Post
Look at the Citibank Double Cash VISA. 2% back on everything, and no annual fee.
I think I asked Citi or asked somewhere online quite a while ago, and was told Citi Double Cash is MasterCard.
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Old 01-09-2020, 08:28 PM
 
Location: Omaha, Nebraska
10,358 posts, read 7,990,783 times
Reputation: 27768
I think you are stuck with the Fidelity card, then. Most of the other cards out there only offer 1.5% cash back.
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Old 01-09-2020, 08:33 PM
 
Location: Vienna, VA
654 posts, read 424,116 times
Reputation: 680
https://www.nerdwallet.com/reviews/c...liant-cashback

Would fit your criteria and some for the first year.
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Old 01-09-2020, 08:52 PM
 
2,327 posts, read 2,179,721 times
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Quote:
Originally Posted by 22003yo View Post
https://www.nerdwallet.com/reviews/c...liant-cashback

Would fit your criteria and some for the first year.
No, I don't want a card with annual fee, I am looking for a card for many years, not less than one year.

2.5% cash back and $99 annual fee vs. 2% cash back and no annual fee: I need to spend $19800 per year in order to break even. I don't think I can spend that amount on a primary card, not even close. I used other credit cards too, like Chase freedom 5% for some categories, so primary card is not the only card. I still spend much less than $19800 on all credit cards.
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Old 01-09-2020, 09:17 PM
 
Location: Vienna, VA
654 posts, read 424,116 times
Reputation: 680
You're stuck with Fidelity.

Quote:
Originally Posted by Baike View Post

Fidelity Visa card meets those requirements, but the reward point has to be deposited to other fidelity account in order to get 2% cash back, otherwise only 1%.
You can deposit the funds into your brokerage account and transfer it to your bank from there. I haven't used it in a while but I thought you can pay down your card with available funds in your brokerage account as well so you wouldn't need to transfer it to your bank.
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Old 01-09-2020, 09:23 PM
 
2,327 posts, read 2,179,721 times
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Quote:
Originally Posted by 22003yo View Post
You're stuck with Fidelity.



You can deposit the funds into your brokerage account and transfer it to your bank from there. I haven't used it in a while but I thought you can pay down your card with available funds in your brokerage account as well so you wouldn't need to transfer it to your bank.
I know, but for some personal reasons (I prefer not to explain), I prefer to find a different VISA card with same 2% cash back.
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Old 01-09-2020, 09:23 PM
 
21,109 posts, read 13,568,403 times
Reputation: 19723
Quote:
Originally Posted by Baike View Post
No annual fee please.

I do want VISA card (I do go to Costco while and while). I do prefer 2% cash back (most credit cards offer only 1.5%). I don't like to keep too many credit cards, I used to have more than 10 credit cards, now it is down to 5 credit cards, but still want to look for one primary credit card meeting these requirements.

Fidelity Visa card meets those requirements, but the reward point has to be deposited to other fidelity account in order to get 2% cash back, otherwise only 1%.

For some other reasons, I would like to switch from Fidelity Visa card to another Visa credit card, as long as it offers same benefits (no annual fee, 2% cash back).

I am not sure if there is any alternative.

If the card does not have foreign transaction fee, that is even better, but this is not an important factor for me.

Thanks.
I want one also. I thought Chase had one.
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Old 01-09-2020, 10:13 PM
 
Location: 5,400 feet
4,866 posts, read 4,806,048 times
Reputation: 7957
Quote:
Originally Posted by Baike View Post
No annual fee please.

I do want VISA card (I do go to Costco while and while). I do prefer 2% cash back (most credit cards offer only 1.5%). I don't like to keep too many credit cards, I used to have more than 10 credit cards, now it is down to 5 credit cards, but still want to look for one primary credit card meeting these requirements.

Fidelity Visa card meets those requirements, but the reward point has to be deposited to other fidelity account in order to get 2% cash back, otherwise only 1%.

For some other reasons, I would like to switch from Fidelity Visa card to another Visa credit card, as long as it offers same benefits (no annual fee, 2% cash back).

I am not sure if there is any alternative.

If the card does not have foreign transaction fee, that is even better, but this is not an important factor for me.

Thanks.
Do you have a Costco Visa? The rebate is 4% on all gas purchases (incl Costco), 3% on restaurants and travel, 2% on all other Costco charges and 1% on everything else. The rebate comes as a check to Costco, and is designed to be spent at Costco, but it can be cashed at Costco customer service in the store.
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