If you're planning a big-ticket purchase (besides a car) that will take longer than a single billing period to pay off, the GM BuyPower Card from Capital One is a decent option, offering 0% interest on new purchases for the first 12 months.
The BuyPower Card is a credit card that rewards you with Earnings on every purchase you make, redeemable toward the retail purchase or lease of a new Chevrolet, Buick, GMC or Cadillac vehicle.
The best Capital One credit card for bad credit is the Secured Mastercard® from Capital One. It has a $0 annual fee, a $200 starting credit limit and a minimum security deposit of $49, $99 or $200.
Earnings must be redeemed within 90 days of purchase.
This is useful because Capital One limits you to only two cards. So if you want another Capital One card, your only option is to merge your two cards to free up some space. Unfortunately, Capital One has stopped combining credit cards — although they claim only temporarily.
Each of the GM cards rewards their account holders with points simply for using the card when shopping. The points are referred to as earnings, and these earnings never expire as long as the account remains open. Additionally, there are no limits to the amount of earnings one cardmember can earn.
For a new lease or vehicle purchase, customers receive 20,000 points which currently can be redeemed for a $100 allowance toward GM accessories, services or other eligible offers.
General Motors manufactures vehicles in several countries; its four core automobile brands are Chevrolet, Buick, GMC, and Cadillac. It also either owns or holds a significant stake in foreign brands such as Wuling, Baojun, and Jiefang.
You may transfer all or part of your Earnings to any supplementary Cardholder on your GM Card Account or the following immediate family members residing at the same address for the immediate purchase or lease of an eligible new Chevrolet, Buick, GMC or Cadillac: parents, grandparents, spouse, siblings, grandchildren, ...
If you have excellent credit, choosing the Quicksilver card over the Platinum card is a no brainer. Not only will the interest most likely be lower, but many of the perks – including no foreign transaction fees and no penalty APR rate – will be the same.
A cardholder can only have two Capital One-directly issued credit cards. They will reject any application for a third card.
Quicksilver is the clear winner of this category. With Quicksilver, you get 0% for 15 months on purchases and a regular APR of 15.49% - 25.49% (V). Venture, on the other hand, should not be used for financing. It doesn't offer low intro rates – just a regular APR of 17.24% - 24.49% (V) based on creditworthiness.
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