Fidelity has told existing Rewards Visa Signature cardholders that it is
swapping two benefits for two others, with the removals taking effect on
January 1, 2027.What is going away
Purchase Security ends on January 1, 2027. It currently covers new retailpurchases for the first 90 days against theft, fire, vandalism and certain
water or weather damage, capped at $500 per claim and $50,000 per
cardholder.
Lost Luggage Reimbursement ends on the same date. It currently coverschecked and carry-on bags up to $3,000 when the common carrier ticket is
charged to the card.
What is being added
Cardholders get emergency medical and dental coverage worth up to
$2,500 for expenses from a sickness or accidental injury on a trip bookedwith the card.
They also get one complimentary year of National Car Rental Emerald Club
Executive level membership, which requires enrollment by December 31,
2026. Because it runs a year from enrollment rather than renewing, it works
more like a one time offer than a standing perk.
What is not changing
The no annual fee card keeps its unlimited 2% cash back, no foreign
transaction fees, the Auto Rental Collision Damage Waiver up to $75,000,
and up to $100 in reward points toward Global Entry or TSA PreCheck once
every four years.
The net effect is a shift away from purchase and baggage protection toward
travel coverage. Cardholders who lean on Purchase Security for electronics or
other big ticket buys have until the end of the year before that coverage
stops.