Fidelity® Customers Have Earned $500 Million Using Fidelity Rewards Credit Cards

  Fidelity® Customers Have Earned $500 Million Using Fidelity Rewards Credit
  Cards

  Unlimited 2% Cash Back On All Purchases into an Eligible Fidelity Account
              Helps Customers Easily Add To Their Savings Goals

Business Wire

BOSTON -- October 02, 2012

Fidelity Investments^® today announced that its credit card offerings,
including its award‐winning^1 Fidelity^® Rewards American Express^® Cards with
an earn rate of 2% cash back on purchases when deposited into an eligible
Fidelity account^2, have helped Cardmembers earn cash rewards totaling more
than $500 million since first introduced in 2003.

Customers have directed their rewards towards savings in a Fidelity brokerage
account, Fidelity retirement account, Fidelity-managed 529 college savings
plan or Fidelity Cash Management Account. Fidelity gives customers the
flexibility to direct different percentages of their cash back rewards into
multiple accounts.

“People are looking to maximize their savings wherever they can, so it makes
sense for investors to consider a credit card that will earn unlimited 2%
Fidelity rewards,” said James C. Burton, president of Fidelity’s retail
brokerage business. “Every cash back award counts, especially when it’s going
into an investing account where it has the power to earn returns over time.”

In 2012, customers have averaged nearly $122 in rewards per month^3 using
their Fidelity Rewards Cards, putting them on track to earn nearly $1,500 by
the end of the year.

Feedback from customers about the Fidelity^® Rewards American Express^® Cards
is being captured via Fidelity’s new online Ratings & Reviews system, where
nearly 80 percent of reviewers have rated it a four or a five out of five
stars. Of those reviewers, 99 percent would recommend the card to their
friends^4. Highlights include:

  *Simple: “Simple! No rotating categories, no hoops to jump through to get
    rewards. Rewards are automatically deposited. This is the way cashback
    cards should be.” (Male aged between 55 and 64)
  *Free Money: “This is a great way to get something for nothing. We have
    been able to invest $600 worth of ‘free money’ for my daughter’s college
    education in the past year.” (Male aged between 35 and 54)
  *More than 2%: “What I spend in my 20's will add to my retirement nest! …
    By investing in my Fidelity Roth Account I will surely get much more than
    the 2% cash back. Friends and family have turned to this credit card
    because with all the rewards programs out there, no other compares.”
    (Female aged between 25 and 34)

Investors can apply for a Fidelity^® Rewards American Express^® Card and a
Fidelity^® Investment Rewards^® Visa Signature^® Card online, calling
800‐Fidelity, or by visiting one of Fidelity’s 172 investor centers throughout
the United States^5.

About Fidelity Investments

Fidelity Investments is one of the world’s largest providers of financial
services, with assets under administration of $3.7 trillion, including managed
assets of $1.6 trillion, as of Aug. 31, 2012. Founded in 1946, the firm is a
leading provider of investment management, retirement planning, portfolio
guidance, brokerage, benefits outsourcing and many other financial products
and services to more than 20 million individuals and institutions, as well as
through 5,000 financial intermediary firms. For more information about
Fidelity Investments, visit www.fidelity.com.

 Keep in mind that investing involves risk. The value of your investment will
             fluctuate over time and you may gain or lose money.

  The UNIQUE College Investing Plan, U.Fund College Investing Plan, Delaware
College Investment Plan, and Fidelity Arizona College Savings Plan are offered
  by the State of New Hampshire, MEFA, the State of Delaware and the Arizona
Commission for Postsecondary Education, respectively, and managed by Fidelity
                                 Investments.

 If you or the designated beneficiary is not a New Hampshire, Massachusetts,
  Delaware, or Arizona resident, you may want to consider, before investing,
   whether your state or the designated beneficiary's home state offers its
   residents a plan with alternate state tax advantages or other benefits.

Units of the Portfolios are municipal securities and may be subject to market
                         volatility and fluctuation.

Please carefully consider the Plan's investment objectives, risks, charges and
 expenses before investing. For this and other information on any 529 College
  Savings Plan managed by Fidelity, contact Fidelity for a free Fact Kit, or
       view online. Read it carefully before you invest or send money.

   Fidelity Investments, Fidelity, and the Fidelity Pyramid design logo are
 registered service marks of FMR LLC. Fidelity Mobile is a registered service
                               mark of FMR LLC.

    The third party trademarks appearing herein are the property of their
                              respective owners.

              Fidelity Brokerage Services LLC, Member NYSE, SIPC
                    900 Salem Street, Smithfield, RI 02917

626731.1.0
© 2012 FMR LLC. All rights reserved.

^1 “Award-winning” substantiation: “Survey: Best Cash Back Cards” CBS Money
Watch, 2/14/2012; “Best Credit Cards for Major Phases of Life” TheStreet.com,
6/24/2011; named the “Best Cash Back Card Ever” by Forbes.com (8/20/2010)
^2 Customers earn 2 points for each $1 in net retail purchases. Once they
reach 5,000 points, points can be redeemed automatically or on demand for cash
at a $.01 exchange rate into an eligible Fidelity account (i.e., 5,000 points
= $50 deposit). The ability to contribute to an IRA or 529 college savings
plan account is subject to IRS rules and specific program policies, including
those regarding eligibility and maximum annual contribution limits. The
redemption value for Points redeemed for rewards other than deposits into an
eligible Fidelity account varies. Additional restrictions apply. Full details
appear on http://www.fidelity.com/amex.
^3 Internal Fidelity business data as of July 31, 2012.
^4 Internal Fidelity business data as of September 21, 2012.
^5 For information about the rates, fees, other costs and benefits associated
with the use of these Cards, call the toll-free number or visit the web site
listed above. This credit card program is issued and administered by FIA Card
Services, N.A., which is not an affiliate of Fidelity Investments. American
Express is a federally registered service mark of American Express and is used
by the issuer pursuant to a license.

Contact:

Fidelity Investments
Corporate Communications, 617-563-5800
 
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