| GM Business World MasterCard® |
| Written by renxue |
| April 22, 2008 16:25 |
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GM Business World MasterCard® Issued by Chase. CREDIT CARD REVIEW
 | This review was last updated on 1/4/2008 12:00:00 AM | Overall Rating: 2.5
Ratings are on a scale of 1 to 5 based on customers who successfully applied for this card. | | The GM Business World MasterCard®, issued by Chase, is designed for business owners who own or plan to purchase or lease a new GM vehicle in the near future and would like to earn rebates for many business expenditures including gasoline. Through the rewards program, cardholders earn a 3% rebate on fuel purchases at the pump, at restaurants, office supply stores, and at authorized GM dealers on GM parts and service. Cardholders also earn a 1% rebate on all other purchases. There is no limit to the amount of rebates that cardholders can earn or redeem on eligible GM vehicles, parts, and service. Cardholders also get a $500 statement credit every time they purchase or lease an eligible new GM vehicle. The interest rate for purchases and balance transfers is reasonable and there is no annual fee. This card also offers an attractive 0% introductory rate on purchases and balance transfers for the first twelve billing cycles. This card does provide cardholders with many cardholder benefits, such as travel accident insurance, auto rental insurance, extended warranties on purchases, and lost and stolen card reporting. Therefore, those who qualify for the lowest rate offered and plan to take advantage of the rewards program will benefit most from what the GM Business World MasterCard® has to offer. | | |
REWARD PROGRAM INFORMATION
 | Type Of Rewards: Rebate | Reward Program Optional: No
Optional programs may have a fee. See Terms and Conditions for details. | | | | For Cards with Rebates Incentives | | Lowest Possible Rebate: 1% | | Highest Possible Rebate: 3% | | Additional Rebates: Earn a 3% rebate on fuel purchases at the pump, at restaurants, office supply stores, and at authorized GM dealers on GM parts and service; earn a 1% rebate on all other purchases. | | Rebate Details: Rebates can be redeemed for GM vehicles, parts, and service. | | | | For Cards with Points Incentives | | Points Per Dollar Spent: n/app | | Additional Points: n/app | | Point Details: n/app | | | | For Cards with Miles Incentives | | Miles Per Dollar Spent: n/app | | Additional Miles: n/app | | Program Details: n/app | | | Rewards Expiration Period: 5 Years
This period applies to all rebate, point and reward programs. | | Annual Limit: None | | |
ADDITIONAL PERKS
 | Various Internet account related services. Year-end financial statement (upon request). Travel accident insurance. Purchase protection. Extended warranty for purchases. Auto rental insurance (MasterRental). No liability for unauthorized transactions. Lost and stolen card reporting. Various travel and emergency assistance services. Emergency cash replacement. Emergency card replacement. See website for additional benefits. Certain restrictions, limitations, and exclusions apply. If an account is opened, please refer to the Guide to Benefits for details. |
BASIC INFORMATION
 | Introductory Rate: 0% APR for 12 Months | | Rate Applied To: Purchases, Balance Transfers | | Additional Details: None | | Regular APR: 13.49% | Variable or Fixed: Variable
Variable APR's are based on the Prime Rate. | | Annual Fee: $0 | | Annual Fee Details: None | | Application Fee: n/app | | Participation Fee: n/app | | Reload Fee: n/app | | Inactive Fee: n/app | | Total First Year Fees: n/app | | Type Of Rewards: Rebate | | Be sure to read the card's Terms and Conditions for more details. |
Special Notations:
The APR for purchases and balance transfers varies according to the applicant's credit history and will be 5.99%, 9.99% or 14.99% + Prime Rate. The card has no pre-set spending limit, however, purchases are approved based on credit record, account history, and personal resources. See website for complete terms and conditions of card usage and application disclosure.
Always read the credit card's Terms and Conditions before applying! |
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