{"id":699,"date":"2023-07-28T10:58:23","date_gmt":"2023-07-28T10:58:23","guid":{"rendered":"https:\/\/report.autobypayment.com\/?p=699"},"modified":"2023-08-30T16:49:39","modified_gmt":"2023-08-30T16:49:39","slug":"automobile-credit-cards","status":"publish","type":"post","link":"https:\/\/report.autobypayment.com\/2023\/07\/28\/automobile-credit-cards\/","title":{"rendered":"Automobile Credit Cards"},"content":{"rendered":"\n
In today’s era of increasing financial product diversification, branded credit cards associated with specific companies have become a common sight. Among these, a relatively unexplored niche is the automobile manufacturer credit cards, offering an array of incentives<\/a> designed to attract loyal customers. In this article, we will compare and contrast three prominent automobile credit cards \u2013 General Motors, Ford, and Toyota \u2013 to help potential customers identify the best fit for their needs.<\/p>\n\n\n\n General Motors, a leading player in the auto industry, offers the My GM Rewards\u00ae Mastercard\u00ae to its customers. The selling point of the My GM Rewards Card is the earnings structure. These earnings aren’t cash back, but rather a discount on the purchase or lease of a new GM vehicle. The accumulated earnings can significantly reduce the final price of a new GM vehicle, making it an attractive offer for GM brand loyalists.<\/p>\n\n\n\n The card does not carry an annual fee and offers flexible redemption options. However, there are restrictions \u2013 the earnings can only be used at GM dealerships and cannot be redeemed for cash or other rewards. This means the card has limited value for those not planning on purchasing or leasing a GM vehicle in the near future.<\/p>\n\n\n\n Ford\u2019s credit card, the FordPass Rewards Visa Card, has taken a similar path, offering rewards that directly impact the cost of owning a Ford vehicle. The points accumulated can be used for discounts on service, parts, and new Ford vehicle purchases<\/a> at the dealerships. <\/p>\n\n\n\n However, unlike the GM Card, FordPass Rewards also allows redemption of points for Ford merchandise and experiences. The FordPass Rewards Visa Card does not have an annual fee but comes with a substantial interest rate of 22.95%, so cardholders would need to manage their balances effectively.<\/p>\n\n\n\n 0% Intro APR<\/a> for 6 billing cycles from the date of purchase on Ford Dealership Purchases over $499.<\/p>\n\n\n\nMy GM Rewards\u00ae Mastercard\u00ae<\/h2>\n\n\n\n
Introductory Offer<\/h3>\n\n\n\n
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Card Benefits<\/h3>\n\n\n\n
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FordPass\u00ae Rewards Visa\u00ae Card<\/h2>\n\n\n\n
Introductory Offer<\/h3>\n\n\n\n
Card Benefits<\/h3>\n\n\n\n
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Toyota Rewards Visa\u00ae Card<\/h2>\n\n\n\n