BuyPower Card® review

Compare Compare  
Advertiser Disclosure

Interest Rate: Purchases
15.24% ‐ 24.24% (Variable) (0% for the first 12 months)
Balance Transfer
15.24% ‐ 24.24% (Variable)
Rewards
5% cashback
Signup Bonus
-


7.4/10
Informr score
The BuyPower Card® currently has an Informr score of 7.4 out of 10. This score is based on our evaluation of 10 sources including reviews from users and the web's most trusted critics.

Am I eligible?


BuyPower Card® is typically available to those with good credit scores (650 or greater).
To get this card, you must also:
Yes Be a permanent or temporary resident of USA

Note: This information is only intended as a guide. The final decision is up to the bank and your application could still be rejected even if you can answer 'Yes' to all the minimum criteria above. Always consider your options and your financial situation before you apply for a credit card.

What the Critics Are Saying...


The Points Guy

The BuyPower Card is intended for a very specific audience — GM car fans or those that are certain to be in the market for a new vehicle and want to save towards that specific goal. However, when compared to a card like the Citi Double Cash, which earns an unlimited, flat 2% cash back (1% when you b...

- Chris Dong, The Points Guy
Investopedia

If a new Buick, Cadillac, Chevrolet, Buick, or GMC vehicle is in your plans, the GM BuyPower card has no annual fee and can help you earn rewards to apply toward the cost of a new or preowned vehicle at participating GM dealerships—or to service a GM car you now own. You’ll get 5% in rewards on up t...

- Kat Tretina, Investopedia
Finder

The GM BuyPower Card® can be a wise pick if you’re a current GM customer or you’ll soon be getting a Buick, Cadillac, Chevrolet or GMC. If you’re not a current GM customer, consider the likelihood you’ll become one. If you don’t end up joining the GM family, all of your earnings will be unusable.

- Kevin Joey Chen, Finder
CreditCards.com

Few cards can beat the 2 percent rewards rate on Capital One’s GM BuyPower card, but the rewards only apply to the purchase of a new car.

- Robin Ratcliff, CreditCards.com
Dough Roller

With no annual fee and a full year of interest free payments, this is actually a great credit card to own. I’m quite surprised my review turned out this way, to be honest.

- Michael Pruser, Dough Roller

Details


Interest Rates
Regular APR Interest Rate 15.24% ‐ 24.24% (Variable) (0% for the first 12 months)

This APR will vary with the market based on the Prime Rate.

Balance Transfer Interest Rate 15.24% ‐ 24.24% (Variable)

This APR will vary with the market based on the Prime Rate.

Cash Advance Interest Rate 24.9% (Variable)

This APR will vary with the market based on the Prime Rate.

Rates & Fees
Annual Fee $0.00
Balance Transfer Fee $0.00
Cash Advance Fee 3%

Minimum of $10

Foreign Transaction Fee $0.00
Over Limit Fee $0.00
Late Payment Fee $38.00

Maximum

Promotions
Sign up bonus No
Rewards
All Purchases 5% cash back (on first $5000 spent)

Then 2% cash back

Restaurants No
Gas No
Groceries No
Hotels No
Travel No
Pharmacy No
Bills No
Additional Details

Redeem them whenever you’re ready to purchase or lease a new Chevrolet, Buick, GMC or Cadillac vehicle.

Features & Benefits
Additional Card Holders Yes
Travel Accident Insurance Yes
Car Rental Insurance Yes
Car Rental Discount No
Extended Warranty Yes
Purchase Protection No
Zero Liability No
No Foreign Transaction Fees Yes
Emergency Assistance No
Concierge Service Yes
Price Protection Yes
Fraud Protection Yes
Free Credit Scores No
Wireless Payments Apple Pay
Virtual Cards Yes
Additional Benefits

Trip Cancellation Insurance

Eligibility
Minimum Security Deposit $0
Minimum Age 18
Minimum Personal Income
Temporary Residents No
More
Additional comments
Terms & Conditions Official Terms & Conditions
Suggest a correction

Disclaimer: All products, logos, images and trademarks are the property of their respective owners. Content is not provided or commissioned by any company mentioned. Any views, analyses, or recommendations expressed here are those of the author's alone, and may not have been reviewed, approved or otherwise endorsed by any company mentioned.

Information in this article is believed to be accurate at the time it was written, but terms and conditions may change at any time. All information is presented without warranty or guarantee. Please verify all terms and conditions of any credit card prior to applying.

Mastercard is a registered trademark, and the circles design is a trademark of Mastercard International Incorporated.

The Informr is an independent, advertising supported website and may receive compensation for sponsorships or when you click on certain affiliated links.

Use this card?

Help inform others by sharing your experience with BuyPower Card®

Rate It:

Critic Reviews


The Points Guy

Niche card for those into cars

from The Points Guy

The BuyPower Card is intended for a very specific audience — GM car fans or those that are certain to be in the market for a new vehicle and want to save towards that specific goal. However, when compared to a card like the Citi Double Cash, which earns an unlimited, flat 2% cash back (1% when...More

The BuyPower Card is intended for a very specific audience — GM car fans or those that are certain to be in the market for a new vehicle and want to save towards that specific goal. However, when compared to a card like the Citi Double Cash, which earns an unlimited, flat 2% cash back (1% when you buy, plus 1% as you pay), the BuyPower’s 3% difference in earnings (5% vs 2%) on the first $5,000 in purchases is $150 — which isn’t much in the grand scheme of buying a new car. For most people, I wouldn’t recommend this card since it makes more sense to have the flexibility to earn cash back or points towards other options. But if you fit the criteria and don’t mind forgoing other rewards, this GM card could be for you.

Read full review

Less

Investopedia

High rewards rates for a card with no annual fee

from Investopedia

If a new Buick, Cadillac, Chevrolet, Buick, or GMC vehicle is in your plans, the GM BuyPower card has no annual fee and can help you earn rewards to apply toward the cost of a new or preowned vehicle at participating GM dealerships—or to service a GM car you now own. You’ll get 5% in rewards...More

If a new Buick, Cadillac, Chevrolet, Buick, or GMC vehicle is in your plans, the GM BuyPower card has no annual fee and can help you earn rewards to apply toward the cost of a new or preowned vehicle at participating GM dealerships—or to service a GM car you now own. You’ll get 5% in rewards on up to the first $5,000 you spend on the card every year, then 2% on further purchases for the year. Those rewards are applied—and can only be applied—to the purchase or lease of a new GM-branded vehicle or to pay for maintenance and accessories from a GM dealer. There’s also a 0% APR offer on new purchases for 12 months.

Read full review

Less

Finder

A $0-annual-fee card with straightforward value

from Finder

The GM BuyPower Card® can be a wise pick if you’re a current GM customer or you’ll soon be getting a Buick, Cadillac, Chevrolet or GMC. If you’re not a current GM customer, consider the likelihood you’ll become one. If you don’t end up joining the GM family, all of your earnings will be unusable.

Read full review

The GM BuyPower Card® can be a wise pick if you’re a current GM customer or you’ll soon be getting a Buick, Cadillac, Chevrolet or GMC. If you’re not a current GM customer, consider the likelihood you’ll become one. If you don’t end up joining the GM family, all of your earnings will be unusable.

Read full review

Less

CreditCards.com

A highly rewarding card that offers a good alternative to travel rewards

from CreditCards.com

Few cards can beat the 2 percent rewards rate on Capital One’s GM BuyPower card, but the rewards only apply to the purchase of a new car.

Read full review

Few cards can beat the 2 percent rewards rate on Capital One’s GM BuyPower card, but the rewards only apply to the purchase of a new car.

Read full review

Less

Dough Roller

Offers an unparalleled rewards program

from Dough Roller

With no annual fee and a full year of interest free payments, this is actually a great credit card to own. I’m quite surprised my review turned out this way, to be honest.

Read full review

With no annual fee and a full year of interest free payments, this is actually a great credit card to own. I’m quite surprised my review turned out this way, to be honest.

Read full review

Less

Wise Bread

Get your dream GM car

from Wise Bread

Best for those who plan on eventually purchasing or leasing a Chevrolet, Buick, GMC, or Cadillac vehicle. It's great for anyone who's trying to save for their dream GM car — all their credit card purchases can contribute to this cause.

Read full review

Best for those who plan on eventually purchasing or leasing a Chevrolet, Buick, GMC, or Cadillac vehicle. It's great for anyone who's trying to save for their dream GM car — all their credit card purchases can contribute to this cause.

Read full review

Less

Credit Karma

The ultimate rewards credit card for loyal GM drivers planning to buy or lease a new car

from Credit Karma

If you’re a die-hard GM driver or a GM lessee who trades vehicles every two to three years, the N/A could be a useful tool in your toolbox. Likewise, if you’re drooling over the lines of the latest Corvette or Camaro or your dream is a greener machine like the Chevy Volt or Bolt EV, this card...More

If you’re a die-hard GM driver or a GM lessee who trades vehicles every two to three years, the N/A could be a useful tool in your toolbox. Likewise, if you’re drooling over the lines of the latest Corvette or Camaro or your dream is a greener machine like the Chevy Volt or Bolt EV, this card could help you cut the cost — especially if you have a few years before you plan to buy.

Read full review

Less

Bankrate

Good for GM fans, bad for everyone else

from Bankrate

If you’re yearning for a new Chevrolet, Buick, GM or Cadillac, this card can help you save toward that goal. The card gives generous rewards back on spending towards a new car within the General Motors family.

Read full review

If you’re yearning for a new Chevrolet, Buick, GM or Cadillac, this card can help you save toward that goal. The card gives generous rewards back on spending towards a new car within the General Motors family.

Read full review

Less

Get.com

Great card to get top benefits while playing no annual fee

from Get.com

The credit card of choice if you want to purchase a new GM vehicle and earn rewards toward this purpose. You can earn unlimited rewards that do not expire and that you can redeem without any limits.

Read full review

The credit card of choice if you want to purchase a new GM vehicle and earn rewards toward this purpose. You can earn unlimited rewards that do not expire and that you can redeem without any limits.

Read full review

Less

Money Crashers

It’s an excellent card for GM enthusiasts – and irrelevant for everyone else

from Money Crashers

If you’re a GM fan who’s currently in the market for a new car or expects to purchase a new GM vehicle at some point in the future, the BuyPower Card from Capital One®  is great. When used as your primary credit card, it can literally save you thousands on the purchase of your next new GM car.

Read full review

If you’re a GM fan who’s currently in the market for a new car or expects to purchase a new GM vehicle at some point in the future, the BuyPower Card from Capital One®  is great. When used as your primary credit card, it can literally save you thousands on the purchase of your next new GM car.

Read full review

Less

User Reviews


Darn, there are no reviews yet for this credit card. Be the first to write a review.