The Fidelity Investment Rewards Card lets you redeem your points as cash into your Fidelity account, or use them for travel and merchandise offered by its WorldPoints rewards program. The Fidelity 529 College Rewards American Express Card allows you to deposit your rewards points, which convert to cash, directly into a college savings 529 account managed by Fidelity: 1.5% of your net retail purchases are automatically contributed into your designated Fidelity-managed 529 plan account (up to $1,500 annually).