7 Best Ways to Use Credit Card Rewards Points.How to Travel the World for Practically Free.The Top 10 Most Exclusive Black Cards You Don’t Know About.But $870 comb ined with a GM dealer’s offer or incentive, plus any eligible My GM Rewards points you might have could lead to a sweet deal on a new GM vehicle of your choice.Ĭlick through to learn about six surprising uses for your credit card rewards. Racking up substantial earnings with the GM BuyPower Card could take a while, however.Įven with its high earnings rate, an average spend of $3,000 monthly, or $36,000 per year, would only accumulate $870 in annual earnings. Is the GM BuyPower Card Right for You?īecause the earnings can only be applied to a new GM vehicle, this card will only be useful to those who are committed to buying or leasing a new GM model. Īlthough all GM dealers will redeem earnings, only participating dealers will accept My GM Rewards points toward the lease or purchase of a GM vehicle. Once you sign up, and after you’re approved for the Capital One BuyPower Card, you’ll be credited 10,00 0 My GM Rewards points, which can be combined with your other GM BuyPower earnings to purchase or lease a new vehicle. The My GM Rewards program works in tandem with the GM BuyPower Card. Other Considerations of the GM BuyPower Cardįor extra earnings opportunities, you can sign up for the My GM Rewards program. Accumulating substantial earnings can be lengthy.Earnings only go toward the pu rchase or lease of a new GM vehicle.Learn: The Best and Worst Time to Buy a New Car Earnings can be combined with most current GM offers or incentives.5 percent earnings on the first $5,000 in purchases per year 2 percent on unlimited purchases after that.When considering whether to apply for a GM BuyPower Card, it’s helpful to evaluate the perks and terms. Additionally, no redemption limits apply, and this GM credit card doesn’t carry an a nnual fee or a foreign transaction fee. Plus, as long as the account is open, your earnings will not expire.
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