What is a GM card?

What is a GM card?

The My GM Rewards Card™ card can potentially help lower some of those car-related expenses. The $0-annual-fee card, issued by Goldman Sachs, earns rewards for General Motors Co. purchases as well as everyday spending. Those rewards, however, are only valuable toward GM-specific costs.

Who issues the GM card?

Capital One, N.A. is the issuer of the BuyPower Card, the BuyPower Business Card, the GM Card, the GM Flexible Earnings Card and the GM Extended Family Card. General Motors is responsible for the operation and administration of the Earnings Program.

Who owns GM credit card?

Goldman Sachs
N) through Goldman Sachs, the My GM Rewards card is the second credit card Goldman has offered through its Marcus consumer bank app and it further advances the Wall Street bank’s aims to be a main street lender. Goldman bought the GM credit card portfolio in what was reported to be a $2.5 billion deal in 2020.

How much GM earnings can I use?

Is there a maximum on the GM Earnings I can redeem? There is no redemption cap, which means you can purchase your new vehicle using only GM Earnings toward the Total Purchase Price.

How do GM card points work?

Cardmembers will earn 7 points total for every dollar spent on the My GM Rewards Card on eligible purchases at GM. Eligible purchases include service, parts and accessories purchased at participating My GM Rewards Card dealerships or online, less credits and returns.

Do GM card points expire?

Cardmembers may earn and redeem points at participating GM dealers. Cardmember points are earned on eligible purchases and do not expire.

Does GM still have a credit card?

Gold and Platinum rewards members can now redeem points toward the purchase of GM Certified Pre-Owned vehicles and their points do not expire. GM is ending its credit card partnership with Capital One in late February. The card will remain part of the MasterCard lineup.

Does GM Financial have a credit card?

5% Earnings on first $5,000 in purchases every year, then 2% unlimited Earnings on purchases after that. Combine 1% credit card Earnings with your GM Employee or Supplier Discount (if eligible). 5% Earnings on purchases of GM parts, accessories and service at authorized GM Dealers.

Can I transfer my GM Card Earnings?

You may transfer all or part of your Earnings to any supplementary Cardholder on your GM Card Account or the following immediate family members residing at the same address for the immediate purchase or lease of an eligible new Chevrolet, Buick, GMC or Cadillac: parents, grandparents, spouse, siblings, grandchildren.

How do I check my GM Card Earnings?

Log in to your BuyPower Card®, GM Extended Family Card or BuyPower Business Card™ on this page….OR

  1. View your Earnings statement.
  2. See private offers.
  3. Create or update your Earnings profile.
  4. Review Program Rules.

How much are my GM reward points worth?

Earn and Redeem with Us Earn 1 point for every $5 spent. Redeem up to $2,000 allowance per calendar year on an eligible, new GM vehicle purchase or lease. Earn 3 points for every $1 spent. Redeem up to $225 per calendar year on Paid GM Certified Service, eligible accessories†(10) and GM Genuine Parts and ACDelco parts.