Your rewards can only be redeemed in two ways: GM cards are now under the My GM Rewards Card, which is operated by Marcus, a brand of Goldman Sachs However, the GM BuyPower card has been discontinued. The 0% APR offer allows you to carry any or all purchases in that period without paying interest. The card’s appeal also increases if you plan major purchases in the year after you receive the new card. After that milestone is reached, and the card’s 5% rewards rate expires for the rest of the year, it may still make sense to use the GM BuyPower as your default card for further purchases, if you eventually plan to buy a GM vehicle. If either or both of those conditions apply, there’s virtually no downside to getting this card.Īt a minimum, you could charge the $5,000 a year required to earn $250 in GM credits and use that money for maintenance at a GM dealership.
The GM BuyPower is strictly for those who plan to buy a GM vehicle in the future, or who now own one that they need to have regularly serviced.
GM POWERCARD LOGIN FULL
Keeping this in mind, we advise you to always pay on time and to pay the full balance.Īffinity creates desire for rewards and perks with particular brand High late payment fee and relatively high APR: The late fee for this card can be up to $38 and the APR as much as 24.24%.The rewards can also be applied to the cost of vehicle costs like SiriusXM subscriptions or OnStar plans. Earnings can be used to buy or lease a new GM vehicle or, to an annual limit of $250, for in-dealership purchases of GM parts, servicing, and accessories. Both involve redeeming your rewards with GM. Limited Redemption Options: While most business cards offer multiple and quite different, ways to redeem rewards, the GM BuyPower has only two options.
That’s a big drawback, especially considering that almost all other business cards offer such incentives.
0 kommentar(er)
