The GM Card | TigerDroppings.com

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TheHiddenFlask
Clemson Fan
The Welsh red light district
Member since Jul 2008
16855 posts

The GM Card


This has to be one of the best cards out there if you are going to buy a new GM vehicle at least every 7 years?

5% back on everything.

The only downside is the cap per purchase is pretty low, but this would make a great "second card" to supplement and Amex, right?







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Chris4x4gill2
Alabama Fan
North Alabama
Member since Nov 2008
1968 posts

re: The GM Card


Had it for several years. Never used the rebate.

I prefer the cashback rewards now, typically just apply it t othe statement. Its nto as high of a % back (can be up to 5% though) but I actually use the rewards






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Beerinthepocket
LSU Fan
Dallas
Member since May 2011
573 posts
 Online 

re: The GM Card


Parents have had one for years, it used to be ridiculously awesome until they capped the benefit per year since we always buy GM vehicles. I guess if you just use it until you hit the cap and then don't use it until the next year it's alright.





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BACONisMEATcandy
LSU Fan
Delta, Amex, & Über Threads
Member since Dec 2007
41400 posts
 Online 

re: The GM Card


I think they capped it to $2500 off a car purchase... am I wrong?





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TheHiddenFlask
Clemson Fan
The Welsh red light district
Member since Jul 2008
16855 posts

re: The GM Card


quote:

The "Redemption Allowance" is the maximum amount of Earnings that can be used toward the purchase or lease of each eligible, new GM vehicle. The Redemption Allowance for any given model is set at the start of the model year. For instance, limits on 2012 models include:
up to $1,000 on the Chevrolet Cruze or Buick Verano; and
up to $1,500 on the Chevrolet Silverado or Cadillac CTS; and
up to $2,000 on the GMC Yukon; and
up to $3,000 on the Chevrolet Corvette or Cadillac Escalade






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BACONisMEATcandy
LSU Fan
Delta, Amex, & Über Threads
Member since Dec 2007
41400 posts
 Online 

re: The GM Card


Wow... It's getting worse and worse. I know in 2003 the cap was $5k on suburbans





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TheHiddenFlask
Clemson Fan
The Welsh red light district
Member since Jul 2008
16855 posts

re: The GM Card


quote:

Wow... It's getting worse and worse. I know in 2003 the cap was $5k on suburbans


Yeah. There is limited upside to it.

It just depends on how often you buy vehicles, I guess.






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lsu711
LSU Fan
Member since Sep 2003
5651 posts

re: The GM Card


The caps are lower, but now you can combine rewards with other incentive programs. A few years ago they wouldn't let me apply card rewards with the recent college grad discount.





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Powerman
LSU Fan
Corpus Christi, TX
Member since Jan 2004
120430 posts

re: The GM Card


Seems like a terrible idea only because you'll be trapped into buying a GM







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dewster
Maryland Fan
Tennessee
Member since Aug 2006
9047 posts

re: The GM Card


5% is better than the cash back I get with my Amex.

I get a supplier discount with GM products. Can you use the card earnings with other discounts?

Might need to look into this. I've had great luck with GM trucks in the past. We probably won't need a new vehicle for a few years....so that should give me time to load up the points.

5% is a good deal. The caps are really not bad if you have more than one car.



This post was edited on 9/17 at 10:49 pm


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Jim Rockford
LSU Fan
Member since May 2011
34411 posts

re: The GM Card


I have a thousand bucks in GM earnings on mine right now. Plus, sometimes they'll double or triple your earnings if you buy a vehicle within a certain time period, usually in the winter when sales are slow.





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Jim Rockford
LSU Fan
Member since May 2011
34411 posts

re: The GM Card


quote:

Seems like a terrible idea only because you'll be trapped into buying a GM


GM is the only dealership in my town so you have to buy a GM vehicle anyway if you want it serviced locally.






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Tigah in the ATL
LSU Fan
Atlanta
Member since Feb 2005
24248 posts

re: The GM Card


quote:

GM is the only dealership in my town so you have to buy a GM vehicle anyway if you want it serviced locally.

When you buy a Honda you don't have to get it serviced.






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756
LSU Fan
Member since Sep 2004
9548 posts

re: The GM Card


You lost me when you said GM product- I used to be GM loyal- bought 6 in a row until the last of the 6 - a total piece of junk, GM has thrown quality out the window

Take away their truck business and they will go under.








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dewster
Maryland Fan
Tennessee
Member since Aug 2006
9047 posts

re: The GM Card


Honda invented a car that doesn't require maintenance? That's impressive.

I grew up in a small town with parents who liked Japanese cars.....none of the local mechanics could fix them, and the numerous warranty repairs had to be performed at a dealer 50 miles away. That added significant repair costs and down time to cars that seemed to break far more often than the domestic car (Buick) they own now.

You have to take that into consideration in rural areas with Japanese cars. It's even worse for European cars.



This post was edited on 9/18 at 9:26 am


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Sheep
USA Fan
In the beer room at Stein's
Member since Jun 2007
15585 posts

re: The GM Card


quote:

The only downside is the cap per purchase is pretty low


Well, that and you have to buy a GM vehicle.






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tigeryat
LSU Fan
God's Country
Member since Oct 2005
2544 posts

re: The GM Card


quote:

Had it for several years. Never used the rebate.


This.

Chase Rewards Pays 3% cashback and you can buy whatever car you want.






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TheHiddenFlask
Clemson Fan
The Welsh red light district
Member since Jul 2008
16855 posts

re: The GM Card


quote:

Chase Rewards Pays 3% cashback and you can buy whatever car you want.


You forgot the giant asterisk.






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cbtullis
LSU Fan
Baton Rouge
Member since Apr 2004
2972 posts

re: The GM Card


I was a finance manager in the auto industry for 7 years with gm.
It used to be a great card for customers, but in 2005 when you started seeing 0% financing or gm supplier for everyone it was a terrible thing. Can't tell you how many cardholders were extremely pissed off.






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reb13
Ole Miss Fan
Oxford, MS
Member since May 2010
9867 posts

re: The GM Card


I remember we bought a Buick with one of these deals. My parents had like 5000 in incentives towards the car.





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