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BMW Rewards
BMW+Financial+Services BMW+Rewards Credit Card

(4.5/5 - 8 Votes)
Net Annual Rewards
$108
of BMW Lease Credit
Reward Rate
0.50%
Annual Fee
$0
Signing Promo
None
APR, variable*
No Data
Intro APR Promotions
Purchase:
None
Transfer:
None
Summary
  • Earn 0.5 points per $1 spent on purchases
  • Earn up to $5,000 on your next BMW lease by spending $1,000,000
  • Alternatively, redeem for cash at 0.5%
  • To apply call 1-866-861-8187

Compare To Our Most Popular Cards For The Category

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Compare To Blue Cash Preferred℠ Card from American Express

Why do we think you should consider this card?

Earn $150 cash back after spending $1,000 in eligible purchases in the first 3 months of Cardmembership

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Reward Details & Calculator

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Rewards Type: BMW Lease Credit

Signing Promotion
$0
Estimated Annual Rewards
$21,600 * 0.50%
$108
Annual Fee, 2 yr avg
$0
Annual Rewards (Rewards less Fees)
$108

Calculate Interest & Finance Charges

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Use the sliders to the left to calculate balance transfer interest and APR interest for this particular card.

Finance Charge, Balance Transfer of $10,000*

Balance Transfer Fee, 0.0%
$0
APR, 24 months
$671
Total
$671

*Average APR for Balance Transfers of 3.3% includes transfer fees and APR promotions.

Effective Annual Rate, Purchases

Promo EAR, 0 months
0.00%
Ongoing EAR, 24 months
3.30%
Total EAR, 24 months
3.30%

APR Rankings

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APR
N/A
Balance Transfer Fee
N/A
Cash Advance APR
N/A

Rewards Rankings

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Annual Fee
$0
ranks #1 out of 1773 cards.
Average is $9.
Base Reward Rate
0.5%
ranks #907 out of 963 cards.
Average is 0.99%.
Effective Reward Rate
0.5%
ranks #936 out of 958 cards.
Average is 1.04%.
Sign-up Bonus
$0
ranks #1762 out of 1762 cards.
Average is $33.
Credit Card Review: BMW Rewards


Author:
TIM

Verdict – The BMW Financial Services Visa Rewards card is a terrible rewards card. It only offers a 0.5% rewards rate, so you’d be much better off choosing a card that can earn you 2-3% rewards on our rewards credit card finder page.

While there are some great automotive credit cards out there, the BMW rewards card is not one of them. GM and Subaru have 3% cards, and Lexus has one that pays out 1.5%. This is why we are a bit puzzled by why BMW even bothers to offer a 0.5% rewards card, when there are so many other cards that pay more than 1%. Save yourself some money by avoiding this card!

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