Secrets About BMW Credit Card That Nobody Will Tell You

Experience a heads-turning revere of motoring excellence by owning a BMW car. But these cars require servicing, fueling, and maintenance, which could be costly. Get a BMW credit card to save costs and enhance your overall driving thrill.  

And as unique as each Beemer is, so are the BMW cards. You can select from Rewards, Signature, Ultimately, and Motorrad categories. Each has its conveniences and features.

The BMW Bank of North America issues all these cards. You earn points that you can redeem to offset the cost of leasing or maintenance. You also get discounts on financing and much more. Here are the main features of the card: 

  • 20% discount on BMW driving school
  • No annual maintenance fee
  • Affiliated to Visa fraternity
  • Choose between car and motorcycle (Motorrad) card options.
  • Enroll for standard features (Rewards and Signature) car card
  • Upgrade to premium (Ultimate) feature car card
  • Sign up bonus of $300

BMW Credit Card Credit card benefits

  • Huge cashback of 240,000 points per annual translating into $2,400 
  • Attractive regular APR of 15.49 to 26.49%
  • Earns three points for each dollar spent at BMW outlets
  • Earn 30,000 bonus points upon spending $2,000
  • Shop, dine, and vacation, and earn a point
  • Secure online payment anytime using BMW mobile App
  • Long 0% intro APR for 15 months
  • The interest-free car financing scheme

drawback

  • High late payment fees of 31%
  • Steep penalty on initial lateness (forfeit 0% APR and make six prompt payment to recover lost advantage)
  • Low rewards on everyday purchases
  • Limited reward-redemption (not applicable on travels, cash; only for BMW services)
  • No cash advance 

What are the credit card application requirements?

To secure your card, log in to my BMW credit card portal, and apply. Select your preferred card before beginning the process. You should fill in your details for the BMW credit card payment purpose. These including names, phone, email, age, and residence.   

Credit card approval process and activation and application status 

  • Processing time: It takes about ten days to receive your card after application. 
  • Application status: Check your BMW visa card application by calling 1-800-364-9648 and chose the first option to verify the situation. You need to key in your SSN for authentication. 

How to check balance or balance transfer?

Confirm your BMW rewards by login to the BMW Online portal pay your bills, view statements, and request balance transfers. Also, you can download the BMW App for the purpose. Lastly, you can call customer care for balance transfer and checks. customize all option according to your requirement after the BMW logging portal    

How to increase the credit limit? 

The BMW credit card is primarily for car service and fueling. To advance our card limit, make prompt payments. 

Credit card reader: The card has a security chip that links to a card reader for added security and convenience. 

Customer service?

You can contact the BMW support queries through an app. Select the BMW family from the AppStore and download it to start using it. You may contact the customer care number or visit your authorized BMW service center for help.    

How to cancel the credit card?

Surrender your BMW credit card at any of their outlets to terminate usage. You may also call the customer care staff for the cancellation process.  (you can also apply for the Toyota credit card, Good Sam Credit Card for the vehicle related purchases ) 

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