Earn 2% Cashback or 2 Air Canada Aeroplan miles per $ with Fidelity Rewards American Express Card

Fidelity Rewards American Express credit card is a hidden gem. You can earn 2 points on every dollar you spend, anywhere. The card also carries no annual fee. The point system is Bank of America’s (formerly MBNA’s) Worldpoints Rewards. You have the choice to automatically have the points transferred to your Fidelity account (if you have one or if you want to sign up for one) or keep them in your Worldpoints account. This card is issued by FIA card services, an affiliate of Bank of America and not directly by American Express. Thus, it is an American Express branded card but not an American Express issued card.

One of the hidden feature of the points earned through this card (and perhaps, some of the other Worldpoints earning cards) is that you can instantaneously transfer them to an Aeroplan (Air Canada‘s frequent flyer program) account converting them Air Canada miles. Interestingly, names don’t have to match on the two accounts. Air Canada is a member of Star Alliance and you have the choice of redeeming these miles for travel on any Star Alliance partner.

Back in April, I wrote a blog about the devaluation of Air Canada miles. However, I reckon like some other experts out there that Air Canada’s miles are still a very good value. The reason being their relatively relaxed award routing rules and ability to have up to two stopovers in your round-trip award ticket, in addition to your final destination (or point of turn-around).

Unfortunately, the card does not have any sign-up bonus and hence makes it less attractive to apply. But for those who are a big fan of Star Alliance, Air Canada’s Aeroplan Program and No annual fee credit card, you cannot go wrong with this card. Plus, don’t forget, you get 2% cash back on every $ you spend, anywhere.

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About AwardGuru

I call myself an avid reward program follower. I have been following the world of loyalty programs closely for the last 10 years. In other words, as my friends and family like to address me, a “Guru” in the world of rewards, awards, points, miles and everything in between. Over the years, my exploits in this world of affinity programs, my interactions with other enthusiasts in this field, professionals and the industry experts as well as my own experience dealing with different programs, I have gathered my own knowledge base. Obviously, I try to maximize the benefits from flights, travel, hotels, car rentals, dining, shopping, credit cards, finance… anything and everything that earns points and miles and then further maximize the value of these accumulated points and miles.
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