it looks like the fidelity card cashback even exceeds 2% if you have a large brokerage account with them, which is cool. but it looks like you do need an active brokerage account with them to use the card at all. a good deal if you'd like to have a fidelity brokerage account anyway, but imo citi doublecash is the better general recommendation since it doesn't have the same cross-product dependency.
The Fidelity card really is a great general purpose low maintenance card. Plus, if your default cash position is SPAXX, it's currently earning 4.4% interest which isn't too shabby.
Wells Fargo, too.
Citi’s card has a 3% foreign transaction fee though, making it completely unusable abroad. Fidelity also charges 1%.
I’m actually not aware of any 2% card without any catches (Apple’s being that 2% is only for Apple Pay transactions, which is anything but ubiquitous when shopping online.)
> I’m actually not aware of any 2% card without any catches
The Bread Cashback Card (American Express)[1] and SoFi Credit Card (MasterCard)[2] give 2% cash back on all purchases with no foreign transaction fees, no annual fees, and no other "catches".
[1] https://www.breadfinancial.com/en/bread-financial-cashback-c...
Yeah the foreign transaction fee is annoying on many cards - I don't have too many cards but I keep a travel focused card (capital one venture) for international travel.
Citi also has a widely used cash back card for ~2%