The Fidelity® Rewards Visa Signature® Card, already known for its unlimited 2% cash back rewards and lack of an annual fee, has recently added even more valuable perks, making it a compelling option for travelers. Here’s a breakdown of the new benefits and how they can enhance your travel experience:
Simplified Airport Security with Global Entry or TSA PreCheck Credit
Fidelity cardholders can now receive up to 10,000 Reward Points—worth up to $100 every four years—when they pay for either Global Entry or TSA PreCheck with their Fidelity Visa Signature card. To redeem the credit, cardholders need to pay the application fee with their Fidelity card, and the points will be deposited into their account within 2-3 billing cycles.
Auto Rental Collision Damage Waiver
For travelers who frequently rent cars, the card’s Auto Rental Collision Damage Waiver can be a valuable benefit. This waiver covers up to $75,000 for physical damage, theft, or vandalism when you use your Fidelity card to rent a vehicle. Notably, Fidelity had previously dropped this coverage in 2021, so it’s a welcome return.
For domestic rentals, if you already have personal auto insurance or other insurance that covers theft or damage, this benefit will reimburse you for the deductible portion of your coverage. It also covers unreimbursed administrative or loss-of-use charges from the rental company.
If you do not have eligible insurance, the benefit reimburses covered damages or theft, along with administrative and loss-of-use charges from the rental company. Reasonable towing charges that occur while you’re responsible for the vehicle are also included.
Fidelity advises checking with the car rental company for international rentals to confirm this benefit will apply. In some countries, like Australia, New Zealand, Costa Rica, and Italy, a minimum level of collision damage coverage may be required. In such cases, this benefit can act as supplemental coverage.
No Foreign Transaction Fees
The Fidelity Visa Signature card continues to waive all foreign transaction fees, allowing cardholders to earn rewards on purchases abroad without additional charges. This benefit, coupled with the card’s 2% cash back on every purchase (deposited directly into an eligible Fidelity account), makes it an attractive option for international travelers seeking simplicity and value.
Additional Benefits
In addition to the new travel-focused perks, the Fidelity® Rewards Visa Signature® Card offers other benefits designed to protect and assist cardholders during travel and everyday purchases:
- Purchase Security – Provides 90 days of coverage on new purchases for up to $500 in damages due to theft, fire, vandalism, accidental water discharge, or weather conditions.
- Lost Luggage Reimbursement – Offers up to $3,000 in reimbursement if your baggage is permanently lost by the carrier.
- Travel Accident Insurance – Provides financial protection in case of accidental death or catastrophic injury during a trip paid for with the card.
- Roadside Dispatch – Access to pre-set pricing for roadside assistance services like towing, tire changing, jump starts, lockout service, fuel delivery, or winching.
- Visa Signature Concierge – Offers 24/7 concierge service for reservations, event planning, and travel arrangements, along with exclusive discounts from the Visa Signature Luxury Hotel Collection.
Final Thoughts
The Fidelity® Rewards Visa Signature® Card’s recent additions of travel benefits like Global Entry/TSA PreCheck credits, rental car insurance, and no foreign transaction fees elevate its value, especially for a no-annual-fee card. Combined with existing benefits such as purchase security, lost luggage reimbursement, and access to Visa Signature Concierge, the card offers an impressive range of perks typically found on premium cards that charge yearly fees.
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