FAQs
The Fidelity® Credit Card mainly uses the TransUnion credit bureau for approval. When applying for the card, a hard inquiry will be conducted. After approval, the Fidelity® Credit Card will report to the three major credit bureaus: Experian, TransUnion and Equifax.
What credit score is needed for a Fidelity credit card? ›
What credit score is needed for the Fidelity Credit Card? The Fidelity® Credit Card credit score requirement is 750 or better. That means people with excellent credit or better have a shot at getting approved for the Fidelity® Credit Card.
What bank does Fidelity credit cards use? ›
Elan Financial Services is the creditor and issuer of the Fidelity® Rewards Visa Signature® Card program. Fidelity has worked with Elan to provide this credit card program; however, Fidelity and Elan Financial Services are separate companies. To apply for a card, apply online or call 888-325-6196.
Which credit bureau is most used for credit cards? ›
There isn't a single credit bureau that's universally favored by all issuers. Some banks pull from Equifax, some from Experian and others from Transunion when evaluating credit card applications. Other banks pull your credit report from two or even all three bureaus.
Who underwrites Fidelity credit card? ›
FPWA, FBS and NFS are Fidelity Investments companies. The creditor and issuer of this card is Elan Financial Services, pursuant to a license from Visa U.S.A. Inc. Fidelity® and Elan Financial Services are separate companies.
What credit bureau does Fidelity Bank use? ›
The Fidelity® Credit Card mainly uses the TransUnion credit bureau for approval. When applying for the card, a hard inquiry will be conducted. After approval, the Fidelity® Credit Card will report to the three major credit bureaus: Experian, TransUnion and Equifax.
How long does it take to get a Fidelity credit card? ›
How long will it take to receive my card? You'll receive notification of the status of your application within 7–10 business days. How do the Fidelity Rewards Credit Cards work if I elect to deposit my rewards in a tax-advantaged IRA or a 529 plan at Fidelity?
What bank does Fidelity go through? ›
The Fidelity® Debit Card is issued by Leader Bank, N.A., and the debit card program is administered by BNY Mellon Investment Servicing Trust Company.
Who administers the Fidelity credit card? ›
The creditor and issuer of the Fidelity® Rewards Visa Signature® Card is Elan Financial Services, pursuant to a license from Visa U.S.A. Inc. The trademarks and service marks appearing herein are the property of their respective owners.
What credit cards use Equifax for approval? ›
Here are some of the best credit cards that may use Equifax only:
- Chase Sapphire Reserve: $450 annual fee (excellent credit) ...
- Citi Double Cash: $0 annual fee (good credit) ...
- Discover it: $0 annual fee (good credit) ...
- HSBC Premier World Mastercard: $95 annual fee, waived the first year (excellent credit)
Your credit reports from Experian, TransUnion and Equifax could have different information because creditors can choose which bureau(s) they want to report to, as well as what they report and when.
Why is my FICO score 100 points lower than Credit Karma? ›
This is because Credit Karma makes use of another credit scoring model compared to many lenders and possibly does not have access to all the data required to calculate your credit score.
What credit score do you need for a Fidelity credit card? ›
The Fidelity® Credit Card credit score requirement is 750 or better. That means people with excellent credit or better have a shot at getting approved for the Fidelity® Credit Card.
What bank issues a Fidelity credit card? ›
U.S. Bank's Elan Financial Services business unit will issue no-annual-fee Fidelity Rewards Visa Signature and Fidelity Investments 529 College Rewards Visa Signature cards under a new long-term contract.
What bank owns Fidelity? ›
Fidelity Investments is owned by privately held FMR LLC, which is controlled by the Johnson family. The family, along with a small group of FMR employees and shareholders, are also investors in F-Prime Capital, the private venture capital arm.
What is the minimum credit score for a credit card? ›
Most credit cards require a minimum score of 670 for approval. Excellent scores of 720+ give you the best approval odds and terms. Check the specific card requirements; some may approve scores as low as the 500s with restrictions.
Can you get a credit card with a 526 credit score? ›
With an 526 credit score, you're unlikely to get approved for a traditional credit card. Credit cards are unsecured forms of debt, so banks tend to be a bit more cautious compared to loans backed by specific assets, like mortgages and auto loans.
How long does it take to get Fidelity credit card? ›
There is no annual fee. How long will it take to receive my card? You'll receive notification of the status of your application within 7–10 business days. How do the Fidelity Rewards Credit Cards work if I elect to deposit my rewards in a tax-advantaged IRA or a 529 plan at Fidelity?
Can I get a credit card with 440 credit score? ›
A 440 FICO® Score is significantly below the average credit score. Many lenders view consumers with scores in the Very Poor range as having unfavorable credit, and may reject their credit applications. Applicants with scores in this range may be required to pay extra fees or to put down deposits on credit cards.
