A recent report illustrates on the rewards offered on the automotive credit cards, these cards are offered by the automobile manufacturers for earning rewards on trucks, cars, parts or other accessories. These cards are set on the model of GM credit cards and on their advantages and disadvantages. The advantages can be from giving out a new GM vehicle on 5 percent credit card purchases between $1,000 and $3,500 and the GM vehicles include Buick, Cadillac, Chevy, GMC, Pontiac, and certain Hummer models and the disadvantages range from higher flexibility yielding lesser rewards with the GM Flexible Earnings Card.
In a nutshell the scope of rewards depends on the longevity of your loyalty. You must choose the appropriate automotive card, after analyzing what it offers you. As per Justice McHenry:
If you choose an automotive credit card, be sure you understand the reward proposition, limits on yearly earnings, redemption maximums, and the yearly interest rate (which can be higher than other credit cards, sometimes significantly). Play your (credit) cards right and you could drive away happy and a bit more cheaply.
