MBNA Fidelity 529 Card

Pros: 2% Cash Back
Cons: No Quicken integration

I always pay off my balance at the end of every month, and use a credit card for almost all transactions. Therefore, finding the right reward card makes a lot of sense. I don't need a travel rewards card: I've got a one year old, and my mother-in-law ...

Pros: 2% cash into your 529 college savings plan
Cons: none

Quite simply put, in my opinion this is the best deal on a mastercard that I have ever seen. For every purchase (not a cash advance), you receive 2% cash back which is deposited into your 529 savings plan(you have to open a 529 plan with Fidelity). ...

Pros: (1) MBNA's fabulous service(2) Unsurpassed 2% back (3) Fidelity's top tier 529 plan
Cons: (1) 1 Fidelity 529 per MBNA Account (2) Quarterly payouts delayed 'til Dec '03

I've found about the two service providers in question to be 5-star. MBNA's customer service re ...

Pros: No pros. Just misleading and deliberately confusing.
Cons: NO AUTO-PAY.

First OFF: MBNA lied to me when I inquired about this card. They told me I could use AUTO-pay with this card.

I applied for the card.

Now I find out that I cannot use auto-pay. I can only pay in set amounts every month.

But wait...

If I want to sign up for a value-added service, I can use AUTO-Pay, BUT, and it's a big BUT, I GET NO POINTS!!!

What the heck?!! MBNA is deliberately not allowing us to pay in full so that we need to log on every month to pay off a balance. They hope we miss a month and pay a finance change, and there goes all the benefits of using a cash-back card in the first place.

I had to learn the hard way.

I canceled immediately, but this will be on my credit report of 7 years.

What bastards! Well, I found out about this card from this site, and now I am going to give my feedback. Don't do it. The monthly hassle is not worth the $75 dollars (minus finance charges) you may get every years.