GM Enterprise Mastercard overview
The GM Enterprise™ Mastercard® provides loads of worth for companies with a fleet of Basic Motors autos however not a lot worth for anybody else. You may get pleasure from wholesome incomes charges with no annual payment however minimal perks and redemption choices for many who do not spend loads with GM. Card score*: ⭐⭐⭐½
*Card score is predicated on the opinion of TPG’s editors and isn’t influenced by the cardboard issuer.
In the event you’re a enterprise proprietor who has a fleet of autos as a part of your small business, you’ll have thought-about getting the GM Enterprise Card. On the one hand, the cardboard earns bonus rewards on Basic Motors purchases in addition to at fuel stations, eating places and workplace provide shops. Alternatively, you possibly can solely use your rewards to purchase or lease GM autos.
In the event you spend loads on GM autos, you could possibly get some strong worth out of the cardboard’s incomes charges. If not, nevertheless, this card is not the one for you.
The cardboard has restricted advantages in comparison with its opponents, missing in issues like annual assertion credit. Its rewards are additionally rigid in comparison with these of different playing cards, with out the flexibility to make use of your rewards for normal purchases or redeem them right into a checking account.
The GM Enterprise Card has no annual payment, and we suggest you have got a credit score rating of 670 to get authorized for it. Now, let’s study the cardboard particulars.
The knowledge for the GM Enterprise Mastercard has been collected independently by The Factors Man. The cardboard particulars on this web page haven’t been reviewed or offered by the cardboard issuer.
GM Enterprise Card execs and cons
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GM Enterprise Card welcome supply
With the GM Enterprise Card, new cardholders can earn $750 in bonus earnings to redeem with GM after spending $5,000 within the first 5 months from account opening.
That is an honest return for a enterprise card with no annual payment, however you are able to do higher with extra normal card choices. And when you aren’t spending a lot at GM, $750 to redeem with the corporate will not be very useful.
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Cardholders additionally obtain a 0% introductory APR on purchases for the primary 9 months and a variable APR of 18.24% to twenty-eight.24% primarily based on their creditworthiness thereafter.
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GM Enterprise Card advantages
The GM Enterprise Card does not supply a lot in the way in which of lavish perks, however you’ll get pleasure from normal protections like rental insurance coverage, identification theft safety and nil legal responsibility for unauthorized purchases.
You may additionally get entry to personalised help with GM’s Enterprise Assistant Concierge, plus no overseas transaction charges or money advance charges to go together with the $0 annual payment.
GM Enterprise cardholders may also obtain reductions on sure business-related companies, equivalent to Zoho Advertising and marketing Plus, Intuit Quickbooks On-line and TurboTax federal merchandise. Whereas these perks are good, different enterprise playing cards with higher rewards function reductions or assertion credit for sure business-related bills.
These are considerably normal perks for a enterprise card and, subsequently, not particularly spectacular. Not like lots of our favourite enterprise playing cards, this card has no annual credit and no complimentary membership to any companies, GM-related or in any other case. In order for you extra useful perks, you may need to take a look at a unique card.
Associated: Key variations of enterprise playing cards vs. private playing cards
Incomes rewards with the GM Enterprise Card
With the GM Enterprise Card, you may get 5% again on GM Real and ACDelco Elements, eligible equipment or paid licensed service at approved GM dealerships. You may additionally earn 3% again at fuel stations, eating places and workplace provide shops and 1% again on all the things else.
Once more, these are strong charges when you spend loads at GM, however they’re unremarkable if you cannot make use of that 5% bonus class. The three% incomes class is sweet, however you may get the identical (or higher) incomes charges on playing cards that supply loads extra normal advantages.
For example, the Ink Enterprise Limitless® Credit score Card earns a vast 1.5% money again on each buy made for your small business and has no annual payment. Plus, its cash-back rewards are rather more versatile and might flip into transferable journey rewards with the fitting card pairing.
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Redeeming rewards with the GM Enterprise Card
It is essential to notice that rewards earned on the GM Enterprise Card can solely be redeemed to purchase or lease an eligible GM car, equivalent to a Chevrolet, Buick, GMC or Cadillac, at a taking part GM dealership.
That is a particularly slender redemption choice, making this card solely viable for companies with a number of GM autos (or available in the market for GM autos).
The excellent news is that these rewards by no means expire on lively accounts in good standing, so it can save you up your rewards to your subsequent huge GM buy.
However once more, it is a much more rigid choice in comparison with any variety of enterprise playing cards available on the market. Like many individuals, I haven’t got a fleet of GM autos to take care of — so I want incomes versatile cash-back rewards with a card just like the Ink Enterprise Money® Credit score Card.
Associated: Finest money again playing cards
Which playing cards compete with the GM Enterprise Card?
There are many normal enterprise playing cards that go toe-to-toe with the GM Enterprise Card:
For extra choices, take a look at our full record of the perfect enterprise bank cards.
Associated: Enterprise bank cards: What they’re and the way they work
Is the GM Enterprise Card value it?
Regardless of its very restricted redemption choices, the GM Enterprise Card could make sense for companies seeking to earn rewards towards an enormous GM buy sooner or later. Most individuals, nevertheless, will get much more worth from a unique bank card.
Backside line
Enterprise homeowners can make the most of this card’s earnings charges and put them towards a car buy whereas additionally having fun with a couple of normal perks with no annual payment.
However once more, until you are recurrently spending loads on GM autos, you may be higher off with a normal enterprise card that earns extra versatile money again or journey rewards.
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