Commonly thought of as simply the “GM Card,” there are actually 3 GM credit cards available, 2 for consumers and 1 GM business credit card. Our overview / review of available GM credit cards, along with links to apply via online or offline applications, is below:
- The flagship GM BuyPower Card from Capital One gives you a 5% rebate on the first $5000 in card purchases each year and 2% back on all purchases after that — the rebate dollars can be used toward the purchase of a new Chevy, GMC, Buick or Cadillac car. There is no limit to the amount you can earn and no limit to the amount you can use toward a new GM vehicle. Points don’t expire, so you can collect them without fear of losing them. There is no annual fee, and your interest rate will be either 11.9%, 15.9%, or 19.9% depending on your credit history. You can apply via this online application.
- The GM Extended Family Card is a very separate card from the standard GM Card. It allows GM employees, employee family members, suppliers, or anyone eligible for a GM employee discount to get savings on a new GM car beyond the employee discount. You can get 1% of your card purchases rebated back toward the purchase of a new GM vehicle, and those rebates can be used on top of your employee or supplier discount. Also, you have the option to instead get the 1% in cash instead. No annual fee.
- The GM Business Card also allows you to earn rebates on vehicles or get cash back: you get 5% back on purchases of GM parts, accessories and service; 3% back at gas stations, restaurants, and office supply stores; and 1% back on all other purchases. Last time we checked, this card was temporarily not available, but would be accepting applications again soon, so click the link above to check availability.