The Fidelity 2% card sent out an email today that they’ve removed the foreign transaction fee on the card. Previously there was a 1% foreign transaction fee.
That’s excellent news, and this card now joins a short list of cards with no annual fee and solid rewards that don’t have any foreign transaction fee.
Your card is better than ever. You will no longer be charged foreign transaction fees when making international purchases with your Fidelity® Rewards Visa Signature® Card. You card has been automatically updated. There’s nothing you need to do, simply continue to use your card and earn Reward Points on everyday purchases.
My only gripe about the card is their $25 minimum cashout – since I don’t use the card regularly, I hesitate using it when the need arises since that means I’ll have to then hit the $25 reward threshold or leave the rewards orphaned for a future date.