GM BuyPower Card Review and Comparison Guide

The GM BuyPower Card is a great option for frequent GM vehicle owners, offering rewards and benefits that can help offset the costs of car maintenance and fuel. The card allows you to earn 5% rewards on all GM purchases, including service, parts, and accessories.

With the GM BuyPower Card, you can earn rewards on every purchase you make at a GM dealership, including routine maintenance and repairs. This can be a significant advantage for drivers who regularly visit the dealership.

One of the key benefits of the GM BuyPower Card is its flexibility - you can use it to earn rewards on a wide range of GM products and services. Whether you're looking to purchase a new set of tires or schedule a routine oil change, the card can help you earn rewards on your purchase.

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The GM BuyPower Card offers a range of benefits that can help you save money and earn rewards.

One of the biggest advantages is that you can earn exceptional rewards on GM parts and services, as well as routine business purchases.

You won't have to worry about annual fees or foreign transaction fees, making it a cost-effective option for your business.

Free employee cards are also available, which can help you earn even more rewards on purchases your employees make.

With the GM BuyPower Card, you earn points on most things you already do, like buying an eligible new GM vehicle.

You can earn points on new vehicle purchases from any Chevrolet, Buick, GMC, or Cadillac dealer.

Paid Chevrolet Certified Service and eligible Chevrolet Accessories also earn you points.

Most OnStar plans are eligible for points, making it easy to rack up rewards.

You can redeem your points on Chevrolet, Cadillac, Buick, and GMC vehicles, including electric vehicles.

The rewards can be used to accessorize and service your vehicle, giving you more flexibility with your points.

There's no limit on redemption, and your points never expire.

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The GM BuyPower Card has a current welcome offer that rewards new card members who spend $5,000 within the first five months with $750 in earnings, redeemable towards the purchase or lease of an eligible new GM vehicle.

This bonus is incredibly specific and only useful to those who are looking to save on a new car. If you're not currently car shopping or don't prefer GM as a brand, it loses all its potential value.

The card has no annual fee, foreign transaction fees, balance transfer fees, cash advance fees, or penalty APR, making it one of the lowest-costing business cards on the market.

You'll also get to enjoy 0 percent APR for 12 months on purchases and balance transfers, with an ongoing variable APR of 16.99 to 26.99 percent, which can be under the current interest rate average depending on your creditworthiness.

Here's a summary of the card's key fees:

Capital One Business offers a range of benefits, but it's essential to understand the fees associated with their cards. The GM BuyPower Business Card from Capital One has no option for cash back, but instead offers unlimited earnings of 5% at GM dealers on GM parts and services, 3% at gas stations, office supply stores, and restaurants, and 1% on all other purchases.

The GM BuyPower Business Card from Capital One also has a current welcome offer: new card members who spend $50,000 within 6 months of account opening will receive up to $2,000 in Bonus Earnings to use toward a new GM vehicle. This offer is only available to those who are eligible, and a FICO score is used to represent the creditworthiness of a person and may be one indicator to the credit type you are eligible for.

One notable feature of the GM BuyPower Business Card is its earning rate: 5% Earnings on purchases of GM parts, accessories and service at authorized GM dealers, 3% Earnings on purchases at gas stations, restaurants, and office supply stores, and 1% Earnings on all other purchases. This can be a lucrative option for business owners who frequently pay for parts or service at GM dealers or spend a lot in other categories.

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Here's a summary of the GM BuyPower Business Card's earning rates:

The GM BuyPower Business Card has some real limitations, particularly when it comes to how you can cash in on your rewards. You can only redeem points toward a new or leased Chevrolet, Buick, GMC or Cadillac vehicle, which may not be as flexible as other reward card programs.

This business card has some of the lowest rates and fees on the market, with no annual fee, foreign transaction fees, balance transfer fees, or cash advance fees.

You'll also enjoy a 0 percent APR for 12 months on purchases and balance transfers, which can be a huge savings.

For late payments, you'll pay up to $40, which is an industry standard and not unique to this business card.

The ongoing variable APR is 16.99 to 26.99 percent, which may be lower than the current interest rate average depending on your creditworthiness.

The GM BuyPower Card offers a competitive rewards program, especially when compared to other popular cards. You can earn 5% on purchases above $5,000 each year with the BuyPower Card.

One notable difference is the rewards structure, which varies from other cards. For example, Chase Ultimate Rewards earns you 5%, 3% at restaurants and drugstores, and 1% for all purchases made with Chase Freedom Flex.

The GM BuyPower Card's rewards rate is higher than Chase Ultimate Rewards for purchases above $5,000, but lower for all other purchases. With the BuyPower Card, you'll earn 2% on any purchases above $5,000, while Chase Ultimate Rewards offers 3% at restaurants and drugstores.

Redeeming your rewards on the GM BuyPower Card is a breeze. Earnings on GM Card products can be applied towards the purchase of an eligible new GM vehicle from any Chevrolet, Buick, GMC, or Cadillac dealer.

You can redeem your earnings in addition to other discounts, with some exceptions like the GM Credit Union member discount, the GM Dealership Employee Purchase Program, the GM Enhanced Dealership Employee Purchase Program, and the GM Supplier Discount Program.

There's no limit to how many rewards you can redeem, so go ahead and save up for that dream car. Earnings never expire, so you can take your time to accumulate them.

You can use your redeemed rewards towards the purchase of a new GM vehicle from any authorized dealer.