Credit Cards FAQ
Are there automobile rebate cards that aren’t just restricted to use with one car company ?
Major credit card issuers have long standing partnerships with auto makers and until recently you had to choose a card to go with the manufacturer of the car you one day want to buy. Examples of these partnerships include the VISA GM Card, Volkswagen Platinum Visa and Subaru MasterCard.
Most of these types of cards offer up to 5% cash back rebates that can be applied toward the purchase of the manufacturers new cars, trucks and SUVs.
However lately, generic automobile rebate credit cards on the market, like the Driver’s Edge MasterCard from Citibank. The Driver’s Edge card allows cardholders to earn rebates that can be applied toward buying a card of any make and any model. You can even use this particular card to buy a used Car!
These types of generic automobile rebate programs can be a great deal for people who don’t have long-term loyalty toward a certain vehicle manufacturer. Once you get ready to purchase a new vehicle you can have the rebates earned applied to reduce the final negotiated cost of the car, truck or SUV. All it takes is a phone call to your credit card issuer to receive your rebate.