New BMWCCA Visa CC Offer

AZ-BMW · 09-17-2009, 07:09 PM

OK, so here is the offer I got in my E-Mail today:

Thank you for your interest in BMW Car Club of America Rewards Visa® Credit Card: Automatically build points (1 point for every $1 spent) toward Free annual BMW CCA membership, 1% cash back, No Annual Fee, travel, merchandise and gift cards from name brand retailer and other great rewards. Now thru October 4th, we’ll cover your BMWCCA renewal fee ($40) for free when you are approved and use your new BMW CCA rewards.

Sounds pretty good (ie, 1% cash back, No annual fee, points toward CCA membership, $40 applied to my current CCA membership to extend it). So usually anything that sounds too good to be true, usually isn't really true. Anyone know the negative points with this particular Visa CC promotion?
Note: I pay off my balance each month, so I don't care about their finance rate.

Mr_Z · 09-17-2009, 07:19 PM

Whats the APR on the card?

The J-Man · 09-17-2009, 07:24 PM

Quote:

Originally Posted by AZ-BMW

OK, so here is the offer I got in my E-Mail today:

Thank you for your interest in BMW Car Club of America Rewards Visa® Credit Card: Automatically build points (1 point for every $1 spent) toward Free annual BMW CCA membership, 1% cash back, No Annual Fee, travel, merchandise and gift cards from name brand retailer and other great rewards. Now thru October 4th, we’ll cover your BMWCCA renewal fee ($40) for free when you are approved and use your new BMW CCA rewards.

Sounds pretty good (ie, 1% cash back, No annual fee, points toward CCA membership, $40 applied to my current CCA membership to extend it). So usually anything that sounds too good to be true, usually isn't really true. Anyone know the negative points with this particular Visa CC promotion?
Note: I pay off my balance each month, so I don't care about their finance rate.

1% cashback and no annual fee is pretty commonplace (Discover, HSBC cash back mastercard, etc), nothing special. The $40 fee for free is nice, but not something I would bother opening a new credit card for.

aus · 09-17-2009, 07:24 PM

That card's been available for a few months now. You should have got an E-mail and mailing a few months ago.

Nothing wrong with the card. But you can get more cash back from other cards; some given 5% on gas and 3% on food. I would be cool to have a pic of your car on your card though.

AZ-BMW · 09-17-2009, 07:24 PM

Quote:

Originally Posted by Mr_Z

Whats the APR on the card?

I don't care, I don't carry a balance (ie, paid off each month)

isugoo · 09-17-2009, 07:47 PM

I got that email a while back. One cool thing is:
Your can put your car picture on the card.

schnell325 · 09-17-2009, 09:11 PM

Quote:

Originally Posted by isugoo

I got that email a while back. One cool thing is:
Your can put your car picture on the card.

TOTALLY WORTH IT!

firewired · 09-18-2009, 03:40 AM

I use Amex Blue card same way and gives 1.5 on most purchases and 5% on gas and groceries

darkphantom · 09-18-2009, 02:59 PM

3-5% variable cash back on the chase freedom, iirc...

pdjafari · 09-19-2009, 12:53 PM

APR - 29% lol

09-17-2009, 07:09 PM	#1
AZ-BMW Captain 50 Rep 965 Posts Drives: 2009 M3 E93 w/DCT Join Date: Mar 2007 Location: Sunny, Warm AZ iTrader: (0)	New BMWCCA Visa CC Offer OK, so here is the offer I got in my E-Mail today: Thank you for your interest in BMW Car Club of America Rewards Visa® Credit Card: Automatically build points (1 point for every $1 spent) toward Free annual BMW CCA membership, 1% cash back, No Annual Fee, travel, merchandise and gift cards from name brand retailer and other great rewards. Now thru October 4th, we’ll cover your BMWCCA renewal fee ($40) for free when you are approved and use your new BMW CCA rewards. Sounds pretty good (ie, 1% cash back, No annual fee, points toward CCA membership, $40 applied to my current CCA membership to extend it). So usually anything that sounds too good to be true, usually isn't really true. Anyone know the negative points with this particular Visa CC promotion? Note: I pay off my balance each month, so I don't care about their finance rate. __________________ 2009 AW M3 E93 - Black Novillo\|DCT\|ZTP\|ZPP\|752 Enh Audio\|4UT\|Heated Seats\|6FL\|6NF\| For jpg's: http://www.m3post.com/forums/showthr...=186382&page=4 Traded: 2007 335i E93
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09-17-2009, 07:19 PM	#2
Mr_Z Private 8 Rep 96 Posts Drives: 2009 AW M3 Join Date: Mar 2009 Location: Northern NJ iTrader: (1)	Whats the APR on the card?
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09-17-2009, 07:24 PM	#4
aus Major General 890 Rep 9,032 Posts Drives: Odysse Join Date: Jul 2005 Location: Seal Beach, CA iTrader: (10)	That card's been available for a few months now. You should have got an E-mail and mailing a few months ago. Nothing wrong with the card. But you can get more cash back from other cards; some given 5% on gas and 3% on food. I would be cool to have a pic of your car on your card though. __________________ Let me get this straight... You are swapping out parts designed by some of the top engineers in the world because some guys sponsored by a company told you it's "better??" But when you ask the same guy about tracking, "oh no, I have a kid now" or "I just detailed my car." or "i just got new tires."
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09-17-2009, 07:47 PM	#6
isugoo Major General 248 Rep 6,125 Posts Drives: 991.2 GTS Join Date: Feb 2008 Location: Irvine, CA iTrader: (73)	I got that email a while back. One cool thing is: Your can put your car picture on the card. __________________ PAST: F80 M3 ZCP \| 911.1 C2S \| F10 M5 ZCP \| E70 X5M \| E90 M3 \| E46 M3 \| E36 M3
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09-18-2009, 03:40 AM	#8
firewired Private First Class 22 Rep 174 Posts Drives: 2010 M3 Sdn Join Date: Nov 2005 Location: San Antonio iTrader: (0)	I use Amex Blue card same way and gives 1.5 on most purchases and 5% on gas and groceries
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09-18-2009, 02:59 PM	#9
darkphantom Banned 595 Rep 5,946 Posts Drives: E93 335i Join Date: Aug 2007 Location: The place for Bimmers iTrader: (4)	3-5% variable cash back on the chase freedom, iirc...
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09-19-2009, 12:53 PM	#10
pdjafari Colonel 152 Rep 2,459 Posts Drives: Axe Murderer with headlights Join Date: Oct 2007 Location: Earth iTrader: (5)	APR - 29% lol
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