My GM Rewards Card

Advertiser Disclosure Editorial Disclosure

Last updated on November 8th, 2022

My GM Rewards Card™

Earn unlimited 7x total points with GM, 4x points on purchases everywhere else.*

My GM Rewards Card™
  • Regular Purchase APR 17.99%-27.99% variable purchase APR based on creditworthiness. Rates as of 10/1/2022*
  • Cash Advance APR 29.99%*
  • Annual Fee None*
  • Credit NeededBestCards.com uses a variation of FICO Score 8, which is one of many different types of credit scores. A financial institution may use a different score when deciding whether to approve you for a credit card.
    Excellent , Good
  • Intro Purchase APR 0% for 12 months*
  • Processing Network Mastercard
Best Benefits
  • The only U.S. co-branded card that offers unlimited 4x points on all purchases and no annual fee.*
  • Get 15,000 bonus points after you spend $1,000 in your first three months.*
  • Earn unlimited 7x total points with GM.*
  • Redeem towards a new GM vehicle purchase or lease with no limit. Points add up fast, if you spend $12,000 a year, you will earn at least 48,000 pts/$480 toward future redemption with GM
  • 0% intro APR on purchases for the first 12 months, then a variable APR of 17.99% to 27.99%.*
  • No annual fee, no foreign transaction fees, or cash advance fees. Late fees may apply.*
  • See if you're approved with no impact to your Credit Score. Accepting a card after your application is approved will result in a hard inquiry, which may impact your credit score.
  • Terms & Limitations Apply. Click here to see *Rates and Terms and Benefit Terms. Select ‘Apply Now’ to learn more about the product features, terms, conditions and Program Rules. Subject to credit approval.
Rates & Fees
  • Intro Purchase APR: 0% for 12 months*
  • Regular Purchase APR: 17.99%-27.99% variable purchase APR based on creditworthiness. Rates as of 10/1/2022*
  • Intro Balance Transfer APR: N/A*
  • Cash Advance APR: 29.99%*
  • Cash Advance Transaction Fee: $0
  • Penalty APR: NONE
  • Annual Fee: None*
  • Foreign Transaction Fee: $0
  • Late Payment Penalty Fee: Up to $40
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At a Glance

The My GM Rewards Card is a World Elite Mastercard and auto rewards credit card from General Motors and Goldman Sachs. The card offers a lucrative sign-up bonus, 0% APR period, and no hidden fees.

Ideal for Those Who:

  • Are planning on purchasing a Chevrolet, Buick, GMC, or Cadillac for your next vehicle
  • Anticipate spending at least $1,000 within your first 3 months as a cardmember
  • Have an excellent credit score
  • Do not want to pay annual fees or foreign transaction fees

My GM Rewards Card Review

The My GM Rewards Mastercard is an auto rewards credit card from Goldman Sachs and General Motors. The card makes saving up for your next vehicle a breeze, thanks to 7X total points on GM purchases, 0% intro APR for 12 months on purchases, and more – all for no annual fee.

Earn Up to 7X Total Points on Purchases

The My GM Rewards Mastercard is an auto rewards card, so it earns its most significant rewards on eligible purchases at GM. Cardholders earn up to 7X total points on GM purchases, including service, parts, and accessories purchased at participating My GM Rewards Card dealerships or online.

The card also earns 4X points for every dollar spent on the My GM Rewards Card on eligible purchases outside of GM. That earning rate is exceptional – but only for those that plan to really make use of their card and spend towards the ultimate prize – a new GM vehicle. There’s no limit to how much a cardmember can earn and redeem toward an eligible, new GM vehicle.

Introductory Points Offer

New My GM Rewards Cardholders can earn a 15,000-point welcome bonus when they use their new card to make at least $1,000 in purchases on the card within 90 days of account opening. Judging value with auto rewards credit cards is difficult, given the extremely expensive award option many consumers select (a new card). Still, 10,000 points provide roughly the equivalent of 10% cash back, so it offers some solid value.

How to Redeem Points in the My GM Rewards Program

Redeeming points with My GM Rewards is straightforward. Cardholders can redeem unlimited points toward an eligible, new GM vehicle purchase or lease. Cardholders also have the option of selecting a pre-owned GM vehicle, with the ability to redeem up to $1,000 toward the purchase of a Chevrolet, Buick, GMC, or Cadillac Certified Pre-Owned vehicle.

Other redemption options include points towards paid GM Certified Service, GM Genuine Parts and ACDelco Parts, eligible accessories, OnStar and Connected Services plans, GM Financial and Protection Plans, and SiriusXM®. Gold and Platinum rewards members can also redeem points towards gift cards from various eligible merchants, stores, restaurants, and more, at a 1% redemption rate.

Choose Your Own Card Design

Applicants have their choice of five unique card designs to help showcase their love for their favorite GM brands:

my gm rewards mastercard art
Select your card art from one of five unique designs

Annual Bonuses

Cardholders can earn a $100 statement credit each calendar year after spending $1,500 on fuel. Or, as an alternative if you have an electric vehicle, you can instead choose a $100 statement credit when you use the My GM Rewards Card to pay 6 electrical bills in a calendar year.

Cardholders also get a $50 allowance when using their My GM Rewards Card for vehicle detailing at a participating GM dealer every calendar year.

0% Intro APR on Purchases

Rewards cards that feature introductory 0% APR periods on purchases is not uncommon – in fact, it is a great way for card issuers to entice new accounts to spend quickly on their new card and achieve lofty spending goals. Few auto rewards cards come with any promotional APR, however, with the exception of special financing on parts and servicing.

The My GM Rewards card is different in that it provides a twelve-month, 0% introductory annual percentage rate on purchases. Once that initial period finishes, the APR returns to its standard rate (which you can see above). Nevertheless, it is still very competitive when compared to other similarly positioned rewards cards.

Other Card Features

The biggest GM perk of the My GM Rewards Mastercard is the granting of automatic Gold Tier status in GM’s loyalty program. Gold tier is the middle tier of the My GM Rewards program and offers a quality selection of benefits:

The My GM Rewards Card also benefits from Mastercard World Elite benefits. Mastercard World Elite® is the premier Mastercard product, offering the pinnacle of protections and perks, including:

  • Free ShopRunner Membership
  • Mastercard Luxury Hotel Collection
  • World Elite Concierge
  • ID Theft Protection
  • Zero Fraud Liability
  • Global Emergency Services

Other notable features of the card include no annual fee and no foreign transaction fees – both excellent benefits.

FAQs About GM and Goldman Sachs

  • Goldman Sachs purchases the GM credit card portfolio from Capital One in a deal worth over $2 billion. 
  • No. There is no limit on the total number of rewards a My GM Rewards member can redeem.
  • No. GM points never expire as long as the credit cardholder’s account is open and active. Non-GM credit cardholders points may expire, depending on their loyalty sttaus.

Card Availability

The My GM Rewards Mastercard is available in all 50 U.S. states and the District of Columbia.

Goldman Sachs Ratings

How does the My GM Rewards Card stack up? Here are a selection of expert reviews for the card and Marcus by Goldman Sachs – the card’s issuer:

3/5
2/5
3.5/5

User Rating

N/A

Should You Apply for the My GM Rewards World Elite Mastercard?

While the 7X total points will turn heads, is the My GM Rewards Card worth the hype? If you are a loyal GM customer, the answer may be a strong yes. GM customers can benefit from the card’s high rewards-earning rate and GM-focused redemption options. Still, non-GM fanatics (or even those merely considering a GMC, Chevy, Buick, or other GM brand vehicle) might find the card to be thin on promise.

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Advertiser Disclosure

BestCards is an independent, Florida-based credit card comparison platform. Many of the card offers that appear on this site are from companies from which BestCards receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). BestCards does not include all card companies or all card offers available in the marketplace.

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