I swear I’ll get this site looking nice when I get the chance. Until then, thanks for putting up with the bare bones look!
Amid a new year of horribleness (Nationwide Buxx changes, Amex Serve/BlueBird shutdowns, etc.) here’s something I consider good news. I just got off the line with a representative from Elan Financial Services, the subsidiary of US Bank that’s servicing the new Fidelity card, and she told me in no uncertain terms that the card has pretty much the same rewards structure as the regular US Bank FlexPerks cards, with 20 000 points buying a flight up to $400 and 40 000 points buying a flight up to $800. I made another call, and the rep said it was just cashback. That’s really conflicting, so I called a third time and spoke with another rep who confirmed the FlexPerks details. Now, I know not to put too much faith in phone representatives (especially since one answer went the opposite way), but this is corroborated by two reps, and it makes sense. Here’s a picture of the new rewards management site (courtesy of nuugatman on FlyerTalk):
That indicates it’s also possible to transfer points between accounts. Given how banks are prone to reuse software resources, I’d bet that it’s possible to transfer between a regular FlexPerks account and the Fidelity card. An added bonus is that Fidelity points don’t expire (confirmed by reps) while FlexPerks points do after five years. Five years is a bit of time, but if transfers work fine, you could extend the life of your points indefinitely (until they end the ability to transfer or end the rewards program entirely).
This means the card is worth up to 4% back if used towards flights, and there’s less restrictions on flights than with the WorldPoints program. The latter required you to select the lowest available flight (which could be gamed) while the former just lets you choose whatever you want. This is potentially even stronger than a Citi Prestige for AA flights. I’ll probably do a full post in the future about the FlexPerks program, but this seems to be a really good card if this is all true (which it seems to be).
I’m sure the Free-quent Flyer will be excited to hear this news considering how much he likes FlexPerks and his already stated infatuation with the Fidelity card, and hopefully this is of use to any readers.