Wednesday, August 1, 2007

GM Credit Card - An exceptional reward program

One thing that's exceptional about this GM credit card is
that it is very rewarding. Just envisage using your
spending authority to increase savings on a new Vauxhall or
Saab as part of its reward program. To avail all these,
only use your GM Card every time you shop. The GM Card
permits you to get 'Rebate' points on your everyday credit
card purchases. This rebate point could be realized at a
rate of 3% of your spend which can be redeemed against the
cost of a new Vauxhall or Saab.

The sum that can be gained through GM credit card is pegged
at a maximum of $2000 off a new Vauxhall and $2500 off a
new Saab. In spite of this limitation, a figure of
multipurpose features makes the GM Credit Card reward
programme more tempting. The cardholder gets 1000 praising
points on their first card purchase which is equal to $100.
Moreover, these accumulated points can be redeemed at any
time and even transferred to family members who are not GM
cardholders. Furthermore, if two GM cardholders are living
at the same address, then these points can be pooled.
Together with this incentive, the GM Credit Card features a
restricted introductory interest-free period on purchases
and balance transfers. Only 2% fee applies with variable
interest rate and no annual fee.

There are numerous credit cards that let you to build up
points and rewards, but what could be better than a card
that earns you credit towards the purchase of a new GM
vehicle. For a good number of people, a car falls amongst
the largest purchase they'll ever make. You will be benefit
by using GM Credit Card to earn up to 5% credit towards the
purchase of your second largest expense. The grand
obsession about this card is that you receive credit
towards a GM car when you buy things you'd already be
buying anyway. Each time you make use of the card, you get
points towards the purchase of a new GM car. With no annual
fee, all along you will receive a great introductory APR.

The GM Credit Card reward contains a typical 14.9% APR
which is variable. For the very first five months of card
holding, you get to pay 0% per annum on all purchases and
balance transfers. After that period, it will revert to the
variable rate. Balance transfer handling fee applies at a
meager rate of 2% with minimum $5. The GM Credit Card
rebate Points could be gained only if you spend at the rate
of 3%. Subject to the Model Line Maximum, 1 Rebate Point is
equivalent to a $1 saving off the price of your new
Vauxhall or Saab. Along with it, the Partner Points might
be earned on top of your normal Rebate Points whenever you
shop at The GM Card Partners. The Partner Points rate is
similar to that of simple rebate, which is same as 3% of
your spend.


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This article was brought to you courtesy of Anthony Samuel,
the webmaster of http://www.apply-for-a-credit-card-now.com
. A credit card directory where you can search, compare and
apply for credit cards from leading credit card companies.

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