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The BuyPower Card from Capital One® -Get The Card That Helps You Get The Car just got an upgrade, and now it’s an even better deal for anyone looking to buy or lease a Chevy, Buick, GMC or Cadillac. It already had an awesome rewards rate, but now it earns unlimited rewards, has no expiration dates, and comes with some pretty cool perks. We’ll break down the card and explain why it’s a good value for anyone looking to buy a GM vehicle.
The basics of the BuyPower Card from Capital One® -Get The Card That Helps You Get The Car
The BuyPower Card from Capital One® -Get The Card That Helps You Get The Car gives 5% earnings on the first $5,000 spent annually and 2% thereafter, earnings that can be used towards the lease or purchase of a new Chevrolet, GMC, Cadillac or Buick vehicle. Its annual fee is $0, and it has no foreign transaction fee. And unlike its previous iteration, this card has no limits on how much you can earn and no expiration on your rewards.
Perhaps most excitingly, the BuyPower Card from Capital One® -Get The Card That Helps You Get The Car is a World Elite MasterCard, which means you’ll get perks like complimentary upgrades on airlines, trip cancellation insurance, an airport concierge and more.
So is the card a good value?
If you’re planning on buying or leasing a new GM car, definitely. With a rewards rate above 2%, this is one of the best no annual fee credit cards on the market. Plus, the BuyPower Card from Capital One® -Get The Card That Helps You Get The Car has no foreign transaction fee, so it’s good for use overseas.
But even if you’re not looking for a new car, there’s still a great case to be made for the card: it’s very rare to find a no annual fee credit card that also has World Elite MasterCard benefits. Here are a few more reasons to get the card:
- You’re traveling on one of the following airlines: Aer Lingus, LAN, AeroMexico, Eithad, Asiana Airlines, Lufthansa, Qatar Airways, Thai Airways and Virgin Atlantic. WEM status gives you bonuses like free companion tickets, free business class upgrades and discounts of up to 20%.
- You park at airports. You’ll get 15% off Park ‘N Fly parking.
- You’re traveling to one of MasterCard’s Priceless Cities. These offer destination-specific perks like 40% off your second night at Westin hotels or a VIP shopping experience at Saks Fifth Avenue.
After looking into what World Elite MasterCard offers, I’m actually pretty excited about the BuyPower Card from Capital One® -Get The Card That Helps You Get The Car, even though I’m not really planning on getting a car anytime soon. Free upgrades? Yes please!