My GM Rewards Card™ vs. Toyota Rewards Visa®*
For individuals who choose Toyota (and for the sake of business comparability, since which automotive you could have is prone to be the deciding issue right here), the Toyota Rewards Visa®* earns 5 factors per greenback spent at Toyota dealerships, 2 factors per greenback spent on gasoline, 2 factors per greenback spent on eating and leisure purchases and 1 level per greenback spent in all places else. The redemption choices embody a Toyota automobile buy or lease at collaborating dealerships, money again as assertion credit score (each 2,500 factors offers you $25) and for rewards by Toyota’s program catalog web site. When redeemed at a Toyota dealership, factors are price $0.01 per greenback.
The broader flexibility in redemption choices is a giant win for the Toyota Rewards Visa®*, however the My GM Rewards Card™’s reward incomes charges are turbocharged. With solely choose Visa comfort advantages together with roadside dispatch and fraud protections, the Toyota Rewards Visa®*’s perks can’t compete. Although we’re not satisfied it could essentially occur each time on a racetrack with the co-branders’ precise autos, the My GM Rewards Card™ smokes the Toyota Rewards Visa®* on the bank card observe.
My GM Rewards Card™ vs. DrivePlus℠ Mastercard®*
The DrivePlus℠ Mastercard®* earns 5% money again on dealership purchases, 2% money again on gasoline and journey purchases and 1% money again spent in all places else.
Rewards could also be redeemed for FCA components and providers at collaborating FCA U.S. dealerships (that’s Jeep, Chrysler, Dodge, Ram and Mopar) or to buy or lease a brand new or used Chrysler, Dodge, Jeep, Ram or FIAT automobile at collaborating FCA US dealerships in addition to for merchandise, reward playing cards, journey or money again each as assertion credit score or examine/deposit.
With all kinds of redemption choices, the DrivePlus℠ Mastercard®* can be heavy competitors for the My GM Rewards Card™ if which bank card you could have decided which automotive you drive. As bank card gurus, we’d wish to assume that is the case however our colleagues over at Forbes Wheels appear to be fairly adamant it doesn’t work like that.
If card advantages had been the final lap on this race, the DrivePlus℠ Mastercard®* can be quick off the road however crash and burn shortly thereafter: the cardboard presents a $1,000 bonus certificates towards a brand new FCA U.S. automobile for spending $7,500 within the first yr and a $100 assertion credit score for spending $100 in FCA U.S. purchases within the first billing cycle after the account is opened however no ongoing advantages past some comfort advantages together with zero fraud legal responsibility and no-extra-charge FICO rating entry.
My GM Rewards Card™ vs. BMW Precision Card*
The BMW Precision Card* earns 5 factors per greenback spent on eligible BMW purchases, 3 factors per greenback spent on eligible gasoline station purchases, 2 factors per greenback spent on eligible restaurant purchases and 1.5 factors per greenback spent on all different purchases. Redemptions for money again, merchandise and journey are made at $0.01 per level however when redeemed for a BMW Rewards Card, rewards are price 25% extra worth. BMW Rewards Playing cards may be redeemed for BMW service, equipment, lease finish prices and extra.
Although its reward incomes charge could seem enticing, the cardboard’s $99 annual payment is hardly offset by the $70 annual dealership credit score. With a handful of additional Mastercard World Elite advantages, we’re considering the GM Rewards Card may truly go the BMW Precision card on the bank card freeway. You don’t see that daily.