: This makes it a decent backup card for international travel. Critical Limitations
: There is typically no limit on the total amount of earnings you can accumulate or redeem toward a single vehicle.
: On your first $5,000 in net purchases every year. buy power card review
: Unlike many other loyalty programs, your built-up earnings do not have an expiration date, allowing you to save for a vehicle over several years.
: For some newer versions (like the GM Rewards Mastercard by Barclays), you can earn up to 7x points on eligible GM purchases. Key Benefits & Fees : This makes it a decent backup card
: Earnings can only be used for the purchase or lease of a new GM vehicle or for dealership services like oil changes and parts. You cannot redeem for cash back, travel, or gift cards.
: One of the card's strongest selling points is that it costs nothing to keep in your wallet year over year. : Unlike many other loyalty programs, your built-up
“This card is flat 4% [referring to older high-tier rewards], CERTAINLY capable of outperforming any credit card on the average effective rewards rate on all spend... Only restriction is you have to drive a GM vehicle and buy brand new.” Reddit · r/CreditCards · 2 years ago