How much cash do you think you spend each year on things like groceries, gas, entertainment, and travel? Wouldn’t it be great if you could use all of that spending to actually grow your money?

Thanks to Fidelity, now you can.

You probably already know Fidelity as a place to invest your money and save for retirement. Now they’re upping their game with their first ever credit card – a card that helps you earn cash that can be applied directly to your investment accounts.

What does that mean for you? It means you get rewarded for the spending you were already going to do – and boost your investments as a result. At 2% cash back for all purchases, we’re talking about some serious potential for growth.

Look at it this way: if you were to put $1600 worth of your monthly spending on your Fidelity® Rewards Visa Signature® Card, you would earn $400 per year in rewards. Multiply that by 30 years and a 7% rate of return, and your rewards alone will have earned you an extra $40,000.

That’s $40,000 just for the spending you already do every month. How’s that for an easy boost to your investments?

How Much You Can Earn with the Fidelity® Rewards Visa Signature® Card

The Fidelity® Rewards Visa Signature® Card features a simple cash-back rewards structure. Every $1 spent in net purchases earns 2 reward points – points that are converted to cash when you deposit them into your Fidelity brokerage account. There’s no limit to how much you can earn and, as long as your accounts stay open, your points never expire.

Let’s take a more detailed look at the example above to see how much you could earn with the Fidelity® Rewards Visa Signature® Card:

If you were to apply the following spending to your Fidelity® Rewards Visa Signature® Card annually…

  • $6,000 on groceries
  • $5,000 on travel
  • $4,000 on gas
  • $3,000 on entertainment
  • $2,000 on dining out

…then that would amount to $20,000 in purchases on your card. Since your card gives you 2 rewards points for every dollar spent, you’d end up with 40,000 points. Worth one penny each, these points would convert to $400.

How the Rewards from Your Fidelity® Rewards Visa Signature® Card Can Boost Your Investments

Following our example, let’s now take a look at how $400 per year can grow in your Fidelity investment account:

Investment Term Cash Rewards Contributions Total Investment Value
1 Year $400 $428
5 Years $400 $2,461
10 Years $400 $5,913
20 Years $400 $17,544
30 Years $400 $40,425

**These examples assume a 7% annualized rate of return, monthly credit card spending of $1667, and an annual rewards rate of 40,000 points.

In short, that simple $400 in annual rewards could grow to a substantial $40,000 by the time you retire – and that’s on top of your regular investments. And the more of your spending you put on your Fidelity® Rewards Visa Signature® Card, the faster those investments can grow.

A potential $400 in rewards and $40,000 in investment growth – all just for switching your spending to the Fidelity® Rewards Visa Signature® Card. It doesn’t get much simpler than that.

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