Although the card is free if you have a Fidelity account, it has been more of a pain than help. Multiple customer service reps have told me your spending limit is directly linked to the amount of CASH in your Fidelity Core Account. So if you have $50,000 in mutual funds and $100 in cash, you can only spend up to $100. HOWEVER, I have NEVER experienced this theory in practice. The card always allows me to spend up to whatever my worth is in my normal account (securities, bonds, etc.) so you can spend up to the previously stated $50,000 in mutual funds + $100 cash. The most annoying thing about this card is that American Express deducts your balance on the 18th of every month from your cash account. So if you charge something on 17th, it would be deducted the very next day. Since I own a business and charge anywhere from $20-30,000/month, I like to "float" my purchases to get any extra time to pay I can. This is NOT the card to do that on. Also, since this card is marketed both by Fidelity & American Express, customer service on the card is VERY spotty and you get varying answers to the same question. Just pay the $75 and get a normal Gold Card or stick with your bank checkcard.

In my opinion there is sometimes too low of an limit on the credit card. I was a dinner once for the corporation I work for. When I gave the waitress the credit card she told me it was over the limit. I wish I was able to use the credit card for larger purchases.

All I have to say is this card was pretty good and I don't have any reservations about getting it.