A Credit Card

[unit731]

With a car reward credit card, your credit card spending could be earning points towards a new car or vehicle related rewards. What reward is better than a brand new car? Here is a comparison of some of the top car reward credit cards.

 

GM Flex Card - 1% Cash Back or 3% Towards a New GM

 

•A full 1% cash back option

•Earn a full 1% toward any new vehicle

•Triple your Earnings to 3% toward an eligible, new GM vehicle

•No Annual Fee

 

The GM Flex Card has a name that speaks for itself. It has the flexibility of either cash back on all purchases or a vehicle rebate. You can use the rebate as 1% towards any non-GM vehicle, or 3% towards any eligible new GM vehicle.

 

GM Business Card from Chase - up to 3% cash back & rebates on GM vehicles

 

•0% Introductory APR for up to 12 Months*

•No Annual Fee

•3% Earnings on fuel purchases, restaurants, office supply stores, and authorized GM dealers on

•GM parts and service

•1% earnings on all other purchases

•No caps or limits

•Free cards for employees

•$600 statement credit with every purchase or lease of new GM vehicle through GM Business Choice program

[Triki_Dick]

Whats the deal with this credit card. I know it's like every other one,

 

Can I use the points for oil changes or tire rotations?

 

How about Brakes etc etc?

[mdub]

Be careful when considering the "new" GM cards. There is probably a maximum credit allowance on new car purchases, which GM doesn't talk so much about. Even though you may pile up $3,000 in points, GM may limit you to ~$1,000 towards the purchase discount. This maximum allowance varies with promotions, but I've never seen it exceed $2k.

 

The "old" GM cards do not have this limitation in the agreement, and GM continues to honor the use of 100% of the GM bucks toward the purchase. I have the old card, and received $3,200 off my truck purchase -- awesome! My wife has the new card with the limitation. As I recall, this change was made approximately six years ago.