I have a GM Credit Card and I have accumulated 6100 points which equates to 6100.00 dollars . Purchase towards new GM vehicle) So I thought I would use to purchase a new GM vehicle...

Accumulated these points over the past 7 years, and little did I know that you can only use a alotted amount on any given vehicle... so on the vehicle of my choice I can only use 1000.00 of it and the rest is useless... can't even give them away ... (only to family with in the house hold) ...and then after 7 years they start decreasing on the aniversarry date of 7 yrs from the time you earned them.

READ THE SAME PRINT..... Wow to say the least I'm not a happy camper.

But will never use a GM Credit Card , and Never Buy another GM vehicle...

( enough though I love my Duramax)

Ps I know this is not in the right area. But I think people need to know....

Was this not clearly disclosed in the fine print when you got the credit card...or did you just not read it?

Well I probalally never read it.. fine print does anybody really read it and if they do do they understand it....but I know that they have changed the allowances over the years...
It's just sucks ... I guess if I knew than I would have chose to use a different credit card for other things as in a Discover card or cash back card...

Moved to New Vehicle Information

I do not know if they offer the old card plan that I still have on my GM card ( never accepted their upgrade offer :) ) but with it you can only accumulate up to $750 a year but when you use it to redeem you can use it all at one time no matter what amount you have. But after 7 years you lose the first year amount like mentioned.

Brian

I have had a GM Credit Card since they came out in 1993. I have used the rebates I have earned by using the card 4 times, and have saved close to $10,000 on the 4 vehicles I have purchased. Yes, I am well aware of the program rules and limitations, they are clearly spelled out in the card contract. As long as GM keeps the program going, and still makes the kind of cars and trucks I want to buy, I will continue to use the card. Even if the rebate is limited to $1000 on certain vehicles. Why not?

I have had a GM Credit Card since they came out in 1993. I have used the rebates I have earned by using the card 4 times, and have saved close to $10,000 on the 4 vehicles I have purchased. Yes, I am well aware of the program rules and limitations, they are clearly spelled out in the card contract. As long as GM keeps the program going, and still makes the kind of cars and trucks I want to buy, I will continue to use the card. Even if the rebate is limited to $1000 on certain vehicles. Why not?
Yeah but what do I do with the rest of the points a can't use and earned.. it just sucks... oh well

I got my GM card in 2000. This month I had accumilated $19xx since my last purchase. In April, we got a $1000 bonus for our card. When I checked on getting a new truck, I could only use 1500 + the 1000 bonus.
The Knoxville area received a lot of hail last month during all the storms here in the southeast. One dealer had over 350 vehicles with slight to major hail damage. Repair technicians (paintless) are coming in from all over the country. Some dealers are moving them out and others are trying to make a big profit.

My experience is much like C/K Man's - I've had a GM card since the program started in the early 90's and have redeemed right around $10K. GM made a format change several years ago - you could stay with the old plan and accumulate a maximum of of $500 per year for up to seven years and then apply that maximum of $3,500 to a vehicle. Or, go with the newer version that allowed you to save points quicker but the total savings are limited (and vary depending on vehicle and promotions). I chose to stay with the original plan while it sounds like you have the 'newer' version.

As said above, you still got $1,000 of free money. I think that only those who are grandfathered in have the option of staying with the old plan. Anybody signing up since the plan change of a few years back must go with the new plan format. The new plan is good for short term savings to buy and save quickly while the old plan works best for those of us who buy on a regular schedule every five years or so. I know that I had $4,200 go towards my '02 and $3,600 towards my '07 with lesser amounts to my other two earlier trucks. The old plan now maxes out at $3,500 (plus a few hundred in special bonuses and rebate of annual fees that are sometimes offered) before your oldest years savings drop off the back end.

When the GM card first came out you could bank up to $1,000 per year. That was really nice as I spend about $5K a month on my GM card so after four months I was banked. Now I just track my GM card usage. It rolls over in December and usually by the first of March I've spent $10K and gotten my $500 savings. I then put the GM card away and don't use it until the next December.

I got my GM card in 2000. This month I had accumilated $19xx since my last purchase. In April, we got a $1000 bonus for our card. When I checked on getting a new truck, I could only use 1500 + the 1000 bonus.
The Knoxville area received a lot of hail last month during all the storms here in the southeast. One dealer had over 350 vehicles with slight to major hail damage. Repair technicians (paintless) are coming in from all over the country. Some dealers are moving them out and others are trying to make a big profit.


Most of the hail damage deals are total BS. Dealers will start from MSRP and take several thousand off the sticker. You then get a hail damaged car for your few thousand in savings and they make you think you got a deal. The thing is, any dealer will take that same several thousand dollars off the price if you deal up from invoice on a non-damaged vehicle.

Does anyone know if the GM card works on certified used vehicles?

Only for new vehicles.

Brian

I keep declining their credit card offers because I am not interested in any of the vehicles the fine print says I can use the points for... I think it was some sort of mini-van-suv thing and a few other small cars last time I checked... I get 3% back on another card so I run it up every month and pay it off, then i can use the points for travel & hotels, etc. It didn't list the Silverado or I prolly would have gone for it, I charge about $5K per month at least...

I have had a GM card since 98 and they(dealership) tried to tell me I could only use a certain amount of my earned points

I made some calls and knew I had not went for the change when they(GM card) tried to get me to

we got it all straight and I was able to use all of my points

the salesman could not believe it and told me to never get rid of that card

I'm with most here, I have had the card since early 2000's, and have the current rules. What I don't understand is that when you log into your GM card, there are spots all over that asks you to log in to see your GM earnings and see how much could be redeemed towards a new vehicle.

I could understand you wanting to use all $7K, but just wait tell around Aug...the allowances increase, just like rebates. Then you are able to double dip.

I have used this on three vehicles (my 04, and on two Suburbans for my wife). I think according to my statement I have gotten like $5K off the price of them.

I'm also like most, once I get around $2K on my card, I put it away since it doesn't make since to keep adding when I can't use it (I also don't buy that many cars).

Sorry no one explained the system to you,
Kevin

You think that is some crap just let me tell u what happened to me. I didn't pay off my balance last month and the bastards charged me intrest. Can u believe the nerve of them.

But seriously, why is it someone elses falut when you don't know the rules of the card that you applied for. If you don't like it just get another card. As for me, the GM card has saved me over 12k in the last 10 years so i think i'll keep it.

I stayed with the "original" card as well. The nice thing about it is that you don't have to redeem the points for a vehicle... you can take it in cash. I do that periodically and they'll send you a check in the mail.

I guess I have the original card, have bought 4 trucks with the card, last time i had $1300 they rounded it off to 3k. That's when I have always bought was when they send out the offers to round up.

You think that is some crap just let me tell u what happened to me. I didn't pay off my balance last month and the bastards charged me intrest. Can u believe the nerve of them.
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:funnypost

I just got a new card offer and it says "Up tp $1,500 on Silverado"...

We have the original card and used it for 3500 off on our 06 LBZ.

We also get GMS from my dad. I was told they don't allow you to stack the points with GMS?

EricM how do you redeem for cash?

\\ (file://\\)I have a GM Credit Card and I have accumulated 6100 points which equates to 6100.00 dollars . Purchase towards new GM vehicle) So I thought I would use to purchase a new GM vehicle...

Accumulated these points over the past 7 years, and little did I know that you can only use a alotted amount on any given vehicle... so on the vehicle of my choice I can only use 1000.00 of it and the rest is useless... can't even give them away ... (only to family with in the house hold) ...and then after 7 years they start decreasing on the aniversarry date of 7 yrs from the time you earned them.

READ THE SAME PRINT..... Wow to say the least I'm not a happy camper.

But will never use a GM Credit Card , and Never Buy another GM vehicle...

( enough though I love my Duramax)


Ps I know this is not in the right area. But I think people need to know....\\


Don't you just love it when the credit card companies either change the rules midstream, or fail to mention them at all. We had a Chase rewards card and I had $139 on it, so called to get a check. They informed me that it had to be in increments of $50, so they cheated me out of $39. I cancelled the card. I checked their website and nowhere did it mention the $50 increments.