Posted by William Charles on September 16, 2019
Credit Cards

Published on September 16th, 2019 | by William Charles

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Capital One GM BuyPower Card Adds New Redemption Options (Vehicle Care & GM Extras).

Capital One offers the GM BuyPower card, this card currently offers a sign up bonus of up to $2,000. The catch is that previously that could only be used on the purchase or lease of any new GMC or any other GM vehicle. Capital One/GM have announced that cardholders can now redeem rewards towards statement credit for qualifying purchases of vehicle care and GM extras. There is a cap of $250 in statement credits per calendar year.  Qualifying purchases include:

  • OnStar** Safety & Security, which includes Automatic Crash Response, Stolen Vehicle Assistance and much more.
  • Connected Services*** Plans which include access to the vehicle’s mobile app, in-vehicle app experiences, and more.
  • In-dealership purchases of Vehicle accessories, such as tonneau covers and bedliners for pickups, bike racks, all-weather floor mats and wheels.
  • Scheduled maintenance such as oil changes, tire rotations and battery replacement, and mechanical repairs, including brake jobs and air conditioning service at GM dealerships.
  • SiriusXM (www.SiriusXM.com)

I guess this is a slight improvement for some people, but I doubt it will affect most readers.



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aubergine
aubergine

my greatest churning failure was to leave $1300+ unexercised on my ancient GM card from the 90’s. I shopped for a Blazer, but sticker prices scared me off, so I went with a used foreign car instead, and forfeited all that credit. I was hoping to use it on a two year lease to maximize its value.

TL;DR – Don’t accrue rewards currencies you wont be sure to use.

Fatrishabh
Fatrishabh

Doctor is the Ibotta super chewy a money maker?

Oops
Oops

From what I can see there is no SUB, even though the post mentions one “up to $2000”

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