GM Card Worth It for Your Wallet and Credit

The GM Card is a game-changer for your wallet and credit. It offers a 0% introductory APR for 12 billing cycles, giving you time to pay off your purchases without interest.

This flexibility is especially helpful for large purchases or unexpected expenses. You can take advantage of this offer to pay off your balance without accumulating interest charges.

The GM Card also offers a rewards program, earning you 3% cash back on gas purchases, 2% cash back on dining and entertainment purchases, and 1% cash back on all other purchases. This can add up quickly, especially if you frequently fill up at the pump.

By using the GM Card for your daily expenses, you can earn rewards and save money on interest charges.

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The GM card offers a range of benefits and features that make it a great choice for car enthusiasts. You can earn 15,000 bonus points after spending $1,000 in your first 3 months, which is $150 in value when redeemed with GM.

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One of the standout features of the GM card is its rewards program. You can earn 7X points on purchases made at General Motors dealerships, and 4X points on all other purchases. This adds up fast, with $12,000 in annual spending earning 48,000 points, worth $480 in value.

Here are some of the key benefits of the GM card:

Rewards are a key part of the GM Rewards Card experience. You can earn up to 7X points on purchases, with 7X points on GM Certified Service, GM Certified Parts, ACDelco Parts, eligible accessories, and most OnStar and Connected Services plans, and 4X points on all remaining card purchases.

The points don't expire as long as your account remains open, so you can accumulate them over time. You can earn 15,000 bonus points after spending $1,000 in your first 3 months, which is worth $150 in value when redeemed with GM.

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Here are some redemption options: new GM vehicle purchase or lease, GM Certified Service, GM Certified Parts, ACDelco Parts, eligible accessories, most OnStar and Connected Services plans, GM Financial and Protection Plans, SiriusXM, and up to $1,000 toward a Chevrolet, Buick, GMC, or Cadillac Certified Pre-Owned vehicle.

You can also redeem points for gift card rewards or statement credits, although the redemption value may not be the best. Typically, GM points are most valuable when redeemed for GM vehicle purchases, services, or optional plans.

A bonus is a reward that's often given for achieving a specific goal or milestone. It can be a great motivator to reach a target.

For example, new cardmembers of the My GM Rewards Mastercard can earn 15,000 bonus points after spending $1,000 on their card in the first 3 months. This is a clear incentive to make purchases and use the card actively.

Having a bonus can be a welcome surprise, and it's always exciting to receive something extra for your hard work or efforts. The My GM Rewards Mastercard bonus is a tangible example of this.

The My GM Rewards Mastercard is a consumer rewards credit card with a $0 annual fee and a $0 foreign transaction fee, making it a great option for those who want to avoid unnecessary charges.

It's an unsecured credit card, which means you don't need to make a security deposit to get approved.

You can use it for daily purchases and take advantage of the Mastercard World Elite benefits.

The card reports your monthly payment history to the three personal credit bureaus: Equifax, Experian, and TransUnion.

This can help you build credit over time if you use the card responsibly.

The card is specifically designed for GM households, so you can earn bonus points on GM-related purchases and services.

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The GM card has its advantages and disadvantages. There are no membership fees associated with the card. You can earn 0% intro APR on purchases, which is a great perk.

One of the benefits of the GM Rewards Card is its high rewards rate. You'll also receive a 15,000 points initial rewards bonus, which is a nice starting point.

However, if you're not a big fan of the GM brand, the card might not be the best choice for you. All the points you earn will be in limbo until you purchase a GM vehicle.

The pros and cons of a particular card or service can make all the difference in your decision to sign up.

No membership fees are a major perk, saving you money from the get-go.

0% intro APR on purchases can be a huge advantage, especially if you need to make a large purchase.

High rewards rates can add up quickly, making your card a valuable tool for earning back money.

The 15,000 points initial rewards bonus is a great way to get started with earning rewards.

You'll want to consider whether the potential benefits outweigh the potential drawbacks.

The GM Rewards Card is worth considering if you plan on redeeming your points to buy or lease a GM vehicle, pay for GM Certified Service, or optional accessories and services for your vehicle.

If you're not a big fan of the GM brand, the points you earn will be in limbo until you do, making other options a better choice.

The redemption value for gift cards or statement credits may leave something to be desired, with an annual redemption maximum.

Consider a travel rewards card if you want to redeem your points for award flights, hotels, and car rentals, which can have a higher redemption value.

A cash back credit card provides more flexibility if you want to redeem your points for bank deposits or monthly statement credits.

The GM Rewards Card offers solid value for your wallet if you're a big fan of the GM brand.

The GM card offers a wide range of benefits, but one of the most important is its customer service and support.

You can reach out to GM card customer service through phone, email, or online chat.

Their customer support team is available 24/7 to help with any questions or concerns you may have.

The GM card also offers a dedicated customer service number that you can call to get assistance with your account.

Their website has a comprehensive FAQ section that can help you find answers to common questions.

GM card customer service is known for being friendly, helpful, and responsive, making it a great option for those who value good customer support.

The GM Card has a few key details that you should know.

The card requires a minimum credit score of 620 to be eligible.

You can apply for a GM Card online or by phone, and the application process typically takes 60 seconds.

The APR on purchases can be a bit tricky to understand, but let's break it down. The GM Rewards Card offers a 0% intro APR for 9 months on purchases.

This introductory period can save you money on interest charges if you pay off your balance within the timeframe. However, if you don't, you'll be hit with a high regular APR of 19.24% - 29.24% Variable APR after the intro period ends.

To apply for the GM Rewards Card, you should have good or excellent credit. A minimum credit score of 670 is advised for approval.

Having a credit score of 700 or higher can provide better approval odds. This is because a higher credit score indicates a lower risk for the lender.

Your credit score is a crucial factor in determining whether you'll be approved for the GM Rewards Card.

You can choose from five different card designs, each representing a unique GM brand.

The designs available are for Chevrolet, Buick, GMC, Cadillac, or GM.

To be considered for a GM Rewards Card, you'll want to have a good credit score of 700+ and a stable income. This will give you a solid foundation for approval.

Your annual income and existing debts will also play a role in determining your approval odds. Make sure you can afford the payments, as this will be a significant factor in the application process.

If you're looking to apply, keep in mind that you'll need to be at least 18 years old and have a U.S. mailing address with a valid SSN or ITIN.

If you're wondering about your approval chances for a credit card, let's take a look at some key factors that can influence the decision. To increase your approval odds, it's essential to have good credit or better.

A good credit score is considered to be 700+ years old with a U.S. mailing address and an SSN or ITIN, as well as a steady income.

Having a credit score of 700+ can significantly improve your approval odds for a credit card.

GM is transitioning its credit card business to Barclays, which will issue two credit cards.

The move comes after Goldman said it would eventually stop issuing GM credit cards in November 2023.

Barclays will now be responsible for issuing GM's only two credit cards.

GM is looking to grow its credit card business with Barclays.

Cain said more announcements are coming in 2025, but the first step is to transition the business to Barclays.

Cardholders will have access to certain car-buying perks, including rewards that can be redeemed on GM vehicles.

Rewards can be used to accessorize and service a cardholder's vehicle.

GM's electric vehicles are included in the rewards program, along with Chevrolet, Cadillac, Buick, and GMC vehicles.

GM is excited to bring new customers to its family of brands, especially as it grows in the electric vehicle market.