We’re here with some fantastic news for all our globetrotting friends and those who frequently make international transactions. The Fidelity 2% Card just got a major upgrade – They’ve abolished the foreign transaction fee.
Yes, you’ve heard it right. Previously, the card had a 1% foreign transaction fee.
But starting September 1, 2023, any new transaction made using an eligible Fidelity® Visa Signature® Card account will no longer be charged these fees for international purchases. Isn’t that awesome?
Now, you can shop in Paris or Rome, or pay for your business expenses on an international trip, without the burden of that extra 1% fee sneaking onto your credit card statement.
This transformation is truly revolutionary, granting you greater freedom, flexibility, and savings.
Eligibility and Details
Before you pack your bags for your next international shopping spree, let’s go over the eligibility criteria and details of this exciting change:
Eligibility:
✔️ Your account should not have been reported as lost or stolen recently.
✔️ No open disputes for unauthorized or fraudulent transactions.
✔️ Your account should not be in collections or closing.
❌ If any of the above applies, you may not be eligible. You can contact Elan Cardmember Service at 888-551-5144 for any questions regarding your eligibility.
Foreign Transaction Fee:
✔️ 0% for each foreign purchase transaction or foreign ATM advance transaction in U.S. Dollars.
✔️ 0% of each foreign purchase transaction or foreign ATM advance transaction in a foreign country.
Frequently Asked Questions
Here are some FAQs to help you navigate this change better:
Q: How will I know if my account was updated?
A: Fidelity will notify you via email, and you’ll also see additional communications in your October billing statement.
Q: Do I have to take any action to receive 0% foreign transaction fees?
A: No, all eligible accounts have already been updated. You can start enjoying the benefits right away!
Q: When will this change take place?
A: This change took effect on September 1, 2023. So, you will no longer be charged a foreign transaction fee on international purchases.
Q: What if my account wasn’t updated?
A: If your account was recently reported as lost or stolen, had an open dispute for unauthorized or fraudulent transactions, is in collections, or is closing, it’s not eligible. But don’t worry! Simply contact Elan Cardmember Service at 888-551-5144 for assistance.
Now, isn’t that exciting news? With this remarkable change, the Fidelity 2% Card has joined an exclusive list of cards with no annual fee, solid rewards, and no foreign transaction fee.
It’s time to bid farewell to those pesky foreign transaction fees and make the most of your Fidelity 2% Card.
Do you have thoughts or experiences to share?
Drop them in the comments below. We’d love to hear from you.