The famous Fidelity American Express (2% back on everything) with $50 bonus

The Fidelity American Express card is frequently talked about as one of best cash back cards as it gives 2% cash back on everything and has no annual fee.  You earn 2 Worldpoints for every dollar spent which you can convert to cash and deposit into a linked Fidelity account.

This card also serves as a benchmark in that it sets forth a value on miles.  If you use a miles earning card that gives 1 mile per dollar spent, then you are essentially buying that mile for 2 cents, because that is what you would be earning if you used the Fidelity Amex.

I got a promotional email for the Fidelity American Express that offers 5000 points (worth $50) after you spend $500 within 60 days.

This is not a huge bonus offer, but it’s not bad considering that normally, there is no bonus involved.  Since it has no annual fee, you can keep this card forever.  It is actually issued by FIA Services, a subsidiary of Bank of America.

Also, keep in mind that the 2% cash back can only be earned if the card is linked to a Fidelity account.  You can link it to a Fidelity Cash Management Account or a Fidelity Brokerage account.

In the email I received, it also stated that:

Experience all the advantages of the Fidelity Investment Rewards American Express Card—including this limited time bonus offer. Call 866-598-4971 or apply online today and reference code VAB2R7

So, it looks like anyone can apply for it.  Application link

Here is an excellent FAQ on the Fidelity Amex cards.