My GM Rewards Mastercard Review

Getting rewards for every spending is not enough? No worries! This card has exclusive perks and benefits for those who love GM vehicles.

Because of the continuous increase of a new car’s average price, everyday has been more difficult to reach this dream. Depending on your budget and total down payment, you can see yourself paying high monthly payments and even in trouble with your financial life.

The good news is that with My GM Rewards Mastercard is easier buying, leasing or even paying car-maintenance costs. Issued by one of the most notorious US banks, Goldman Sachs, this $0-annual-fee card makes you earn impressive rewards for General Motor Co. purchases and more.

CREDIT CARD

My GM Rewards Mastercard 

High rewards rate 15,000 bonus points

You’ll get rewarded for the everyday spending you do, plus receive exclusive perks

Watch an ad to apply for your card You will be redirected

High rewards rate

No matter how you are going to use My GM Rewards Mastercard, every $1 spent gives you 4 points. Also, get 7 points for every $1 spent on any GM qualifying purchase, such as GM Certified Service, parts and accessories purchased at GM dealerships or online and OnStar and Connected Services plans.

With a high rewards rate, it’s easy to rack up points. Whether doing groceries, going to a restaurant or even buying your morning coffee. Each purchase is points to be used at your participating GM dealer.

Automatic Gold status

No more waiting to complete a three-year spend minimum of $45,000 on GM purchases to become a Gold Tier. At the moment you’re approved for the My GM Rewards Mastercard you’ll get automatic Gold status.

Gold Tiers members have access to special offers and unlimited earning and redemption power. No matter if your car is electric or not, with the second level of GM’s rewards you can receive a $100 statement credit when you spend $1,500 on gas or pay for six electric bills between January and December.

Redemption

One of the best things about this credit card is that points are worth a penny and never expire, as long as your account stays open. You can redeem on different ways:

• Buying or leasing an eligible new GM vehicle: redeem unlimited points when you buy or lease an eligible new GM vehicle in any dealership that participates in the My GM rewards program.
• Buying a certified pre-owned vehicle: redeem up to $1,000 per calendar year when you buy a certified pre-owned Chevrolet, Buick, GMC or Cadillac vehicle.
• Non-vehicle GM purchases: redeem unlimited points when you use GM certified service, purchases of car parts and accessories at GM dealerships, OnStar or Connected Service plans, SiriusXM subscription or protection plans.
• Gift cards: redeem up to $250 per calendar year toward gift cards from eligible stores and restaurants.

GM Rewards Mastercard benefits

Bonus after approval

One of the best things about this credit card is its welcome offer. After spending $1,000 on My GM Rewards Mastercard in your first 3 months, new cardholders earn 15,000 bonus points. In other words, $150 to spend on any GM-related purchases.

No fees

You must be wondering how much you’ll need to pay to have all these perks and benefits, right? Well, My GM Rewards Mastercard is a $0-annual-fee card. In addition, it has $0 foreign transaction fee and no cash advance transaction fee.

Introductory APR promotion

As if it wasn’t enough being no-annual-fee, this credit card offers a 0% intro APR (Annual Percentage Rate) for the first 9 months. It can be very valuable for financing a car, since you don’t need to worry about interest charges during this period.

No impact to your credit score

Getting a new credit card sometimes can be a stressful moment for the cardholder, since it makes a hard inquiry on your credit score and you still have chances to not be approved. However, this card allows you to see if you’re approved with no impact to your credit score. The hard inquiry will only happen if you accept a card.

No expiring points

Most programs give you a lot of points but have expiring dates. On the other hand, with this credit card you can enjoy all your points without any pressure, since it never expires as long as your account is activated.

Mastercard benefits

My GM Rewards Mastercard is not a simple Mastercard credit card. Have you ever imagined having a no-fee credit card which offers all World Elite Mastercard benefits? With My GM Rewards Mastercard you can have discounts on select streaming services; access to select hotel, flight and car upgrades; gold concierge access; ID theft protection; zero liability fraud protection; emergency assistance, and more.

Who can apply?

If you are 18 years or older, a GM enthusiast and live in the U.S., this credit card was made for you! Although you can see if you’re approved with no impact to your credit score, you must have at least 690, which means a good credit score.

How to apply?

Applying for My GM Rewards Mastercard is easier than you think:

1. Go to the GM credit cards website
2. Click on Apply Now
3. Read Terms and Conditions
4. Fill your personal and financial details
5. Submit your application

Frequently asked questions

How can I redeem my points?

You can redeem My GM Rewards points online or at your participating GM dealer. You can find step-by-step instructions from each reward in the Redeem section or chat with a Member Support Specialist if you still need assistance.

Do I need to pay to enroll in the My GM Rewards program?

Believe it or not, signing up is totally free and you don’t need to purchase anything. Having problems doing it? Find your participating dealer or the GM Rewards Member Support Center for assistance.

How do I check my GM Rewards Card balance?

You can check it online through Goldman Sachs website, by phone (1-833-773-0988) or by Goldman Sachs app.

What is the credit limit on My GM Rewards Mastercard?

Goldman Sachs doesn’t establish an initial credit limit. Therefore, your credit limit will likely be based on your credit score, income, credit history and more.

CREDIT CARD

My GM Rewards Mastercard 

High rewards rate 15,000 bonus points

You’ll get rewarded for the everyday spending you do, plus receive exclusive perks

Watch an ad to apply for your card You will be redirected