Photographer: Andrew Harrer/Bloomberg

Fidelity Said to Weigh Dropping AmEx, BofA as Card Partners

Updated on
  • Visa and MasterCard are said to woo Fidelity to supplant AmEx
  • Fidelity AmEx card rates high in U.S. by offering 2% cash back

Fidelity Investments is considering dropping American Express Co. and Bank of America Corp. to find new partners and better terms for one of the top-rated cash-back credit cards in the U.S., according to people with knowledge of the matter.

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