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How are points that are redeemed as cash into my Fidelity account going to be invested?

April 26, 2017account cash Fidelity going invested Points redeemed

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How are points that are redeemed as cash into my Fidelity account going to be invested?

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Points redeemed as cash into a Fidelity account will be deposited into the core position of your account. If you are depositing into a Fidelity-managed 529 account, it will be deposited at the closing day market price on the day the funds are transferred into your Fidelity account. They are invested according to the standing allocation instructions on the designated account. Top American Express is a federally registered service mark of American Express and is used by the issuer pursuant to a license. WorldPoints and Bill Pay Choice are trademarks of FIA Card Services, N.A. For information about the rates, fees, other costs, and benefits associated with the use of this credit card, visit www.fidelity.com/retirementrewards and refer to the disclosures accompanying the online credit card application, or call FIA Card Services toll-free at 1-866-598-4971. This credit card program is issued and administered by FIA Card Services, N.A., which is not an affiliate of Fidelity Investments.