| Title | : | NEW/UPDATED CREDIT CARD: GM Rewards Card Review 2022 - (GM Card by Goldman Sachs - Chevy u0026 GMC etc.) |
| Lasting | : | 10.17 |
| Date of publication | : | |
| Views | : | 28 rb |
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I didn't realise the points were worth significantly less unless you are using it towards gm purchases Comment from : @showmethefacts4061 |
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I’m debating getting one with my Buick and using it for getting gas and such for the car so I can use the points as a down payment for a new lease when mine is done or use it to make partial of my current lease payment Comment from : @Godfather9814 |
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I service my GMC pick up at GM dealer and buy basic maintenance items there including onstar subscription It sounds like their reward points sound great Comment from : @Chinunit22 |
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Fun fact for those that don't know If your car loan is under GM financing You can pay your car note with the points valid at 1 cent each😁💪 Comment from : @AG-fv4wd |
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The card should be allowed to be linked to your GM financial account to make you monthly payment like Verizon wireless dose Comment from : @mustang460789 |
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does costco or sams gas qualify ? Comment from : @manuvns |
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Can I use this card for lease monthly payments? Comment from : @IanBernardoo |
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I just got an "offer" via email for these credit cards, so I read the fine print for the only things that matter, fuel discounts and buying a dang vehicle with points Well the terms say you can only use up to $1000 in points towards a vehicle purchase per year 😂 As for fuel, after you spend $1500 in fuel during the year, you can redeem $100 Basically it's 75 cash back towards fuel, unless you spend more than $1500 a year in fuel, in which case you're still only getting $100 back, making the amount of cashback dininish Overall these GM cards look like trash Glad I didn't apply I'll just keep using my 2 cashback on everything Paypal card and my 5 cashback on fuel from my rotating category cardsbrbrSucks to be that guy in these comments who said he has 11 million points and can't spend them on a new pickup truck The fine print will only let him spend 100,000 points on it Comment from : @Time75381 |
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I'm having a hard time trying to redeem my points towards a new truck, I have over 1,100,000 points and I tried to link the card to the GM Rewards account and it is not allowing me, seems like a scam, been using the card for about 10 years and never used the rewards and now that I want to I'm having a hard time Comment from : @enriqueguzman3793 |
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Good review Comment from : @RobertRogers-x8g |
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Chevy lol Comment from : @uthinkuknowme2649 |
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Mann This card SUCKS I thought I'd get back $100 for just spending $1500 on anythingnot all this GM crapI don't even drive a GMfuk this card Comment from : @jayc4715 |
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For the gas statement credit, you have to opt in at the start of each year I didn't know this until the end of this year so it'd be impossible for me to spend $1,500 before the end of this year However, I'll be sure to opt in on New Years Day for the upcoming year Comment from : @RagePrinceOfFire |
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gift card redemption is 025 per dollar, what a scam Comment from : @HRVHackers |
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This is a bad card due to penalties & interest charges through fraud of Marcus Comment from : @Tom-iw3zh |
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I don’t think I’ve seen a GM car on the road for 20 years Comment from : @Unclebuns72 |
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I have $7000 dollars built up but I can only use $1500 on a GM truck I stopped using this card after having it for 18 years Find a better card Comment from : @Luke--tg8kj |
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I love all these benefits but it saddens me greatly that the most evil bank (a bank that destroyed thousands of Americans lives) is a big part of this Comment from : @ExposeFlyersDotCom |
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Do earnings accrued under the old card transfer over to this new card? Comment from : @markdegroff6526 |
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After the federal government had to save GM from going under I thought GM stood for Government Motors Seeing how tax payers saved them from being Lehman Brothers like disaster they should offer the best possible card to people Comment from : @strongium9900 |
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Credit karma recommended me this card and boy am I thankful I watched this before applying brGreat example of reading the fine print this is a terrible mess of a card Basically 1 cash back that you can only redeem for up to $250 a year Comment from : @picrureperfect8476 |
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WE are into the 4th month, and still no new card issued by MARCUS What a disaster this transition has been I do not think they will be able to handle it as well as CAPITAL ONE did Comment from : @gobbletegook |
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Statementswhat a mess!! I received an email notification that my monthly statement was available, and I printed it off for a later review, and the next day decided to pay the monthly balance in fullbrbrNext day signed into Goldman's website, to pay he monthly balanceand the options given for payment was 1 Current Balance, 2 Statement Balance, 3 Minimum paymentand none of the figures matched the statement amount that was previously reported (in the email and on the hardcopy of the monthly statement)!! brbrI called Customer service, and was informed that this was normal if a credit was issued for something originally purchased during the previous statement period, it would change the monthly statement amount I asked why that credit wouldn't be reflected in the following monthly statement periodreplied, "That's just how it works" I suggested they get with Capital One and learn how to work out the issues with statementsbrbrAlso when they issue a credit on the statements, apparently they are a different color fontnot sure as they are very hard to distinguish from the charged amountswhy not use a minus sign after credits???? Comment from : @wendolross352 |
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I just wasted an inquiry on this issue in Feb I was approved, but they only gave a 3k limit There were some issues with the app, etc, but it got fixed I should have gotten a better card, but I figured a relationship with Goldman Sachs might just play out further on up the road! Comment from : @PhillyBill59 |
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Can't auto pay my car note with it So no point for me Lol Comment from : @crazyDayz27 |
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Great video! Very thorough and informative Comment from : @sltgirl219 |
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GM card was best under HSBC bank Comment from : @cc9316 |
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I was finally able to get ahold of an agent today over the phone and take care of my outstanding balance! My goodness What's crazy was they answered in under 15 minutes After days of holding an hour plus, disconnections, etcbrbrI'm going to avoid this card now like the plague, until they iron out all the kinks Comment from : @LynxStarAuto |
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Over 20 days nowno new card issued to replace the old onetired of hearing it will take 3 months to get one And still not able to chat What a poor take over/roll out They were totally unprepared Comment from : @gobbletegook |
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I'm pissed lol Applied for this damn thing just now and got approved Why am I pissed? Because I thought the 4 could be redeemed for at least a statement credit Shouldn't have rushed I guess Gm cars are trash Honda/Toyota all the way It is what it is, should have looked deeper into itbrbrEDIT: silver lining is that I'm a courier so the gas credit is decent Comment from : @WookieSenshi |
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Have had this card with Cap1 for over 5 yrs Got an initial $300 cl while starting to rebuild my credit Over the 5 yrs I was never given a cl increase Didnt matter whether I made timely payments , pai off in full, just never was offered Now that Goldman took this over and I still use it and pay off in a timely manner no increase is offered! IMHO its a complete garbage card Comment from : @MrTmuggresq43 |
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Seems like a decent deal for a high spender who wants a GM Comment from : @CaseyBurnsInvesting |
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So glad this card is not with crapital one anymore But, this transition has been abysmal 👎🏼 Comment from : @Jvelaz87 |
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Too bad "american" cars are complete garbage! My grandmother had a GM that was bought new, and wow, what a piece of crap Comment from : @PatrickDKing |
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So far the roll out of the new card (switching over from CAPITAL ONE to MARCUS) is a disaster 3 hour waits for chatsstill no cards (they say we will not get them perhaps until Mid May) A complete failureunable to handle it Payments missed Avoid this card Comment from : @gobbletegook |
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this was the first credit card i applied without any education or research just because it was in my junk mail However, i kept this card for 7 years and now i have other cards i use that are better suited for me i guess if i think about buying or leasing a GM car, i can use my accumulated points on this 100k Comment from : @shaligasuksomsong |
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This card is absolutely garbage, putting limits on points redemption is crazy what if I wanna earn points to purchase a new GM vehicle and you can redeem only 1000$ max 😀 That doesn't make sense to me Don't waste your time on that card guys Comment from : @IbrahimAli-xe9iz |
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Is it their business card a soft pull ? Comment from : @edmadriz2816 |
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Good video but a hard pass for me on this credit card Comment from : @terryjwilliamsjr3483 |
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I lost my letter with my Welcome Code and my automatic payment didn't transfer over, so my GM payment is late! I have been calling customer service ALL DAY and the wait is 3 to 5 hours They took my number and said they would call me back in 30 minutes NOTHING! That was 14 hours ago and I have had my phone on and with me all day Someone help me please????? I want to get this straightened out I HATE late bills One of the biggest financial firms in the world can transition credit companies better than this It's frustrating! Can someone help me please? Comment from : @deeannemason7003 |
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I already have the card and don’t care Just use for gas Comment from : @onionhead4090 |
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It's a bummer it doesn't earn 7x on the purchase of a new GM vehicle Comment from : @amirmoradi9595 |
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GM card sucked in 1980sbr💩 Comment from : @infantrycaptain9224 |
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The problem with the gas credit is that this is a Mastercard and Costco is normally the cheapest who only take VisabrbrOverall though, this is really interesting 4 back on everything is amazing, but only if you buy your cars from GM Definitely a worthwhile card for GM fans Comment from : @rffinances8567 |
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Does having this card in good standings make it easier to get a 0 loan thru gmc for a new chevy truck? Or is it 2 different financing companies? Comment from : @DCGEMINI202 |
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Man, I got approved for 5k Comment from : @Yaboy485 |
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I just got approved $5000 now I have both the Apple Card and the GM love it Comment from : @TheBiglee777 |
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Can you get both the GM rewards card and the Apple Pay card at the same time? If so, what link should I use I got the Apple card but every time I apply for the GM card, I get denied because they say I already have an account The rep at Goldman Sachs told me that their website was giving out those errors Ant tips to apply? Comment from : @gregorymalone1073 |
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I'm waiting on the business card from Goldman Sachs to be released next week Comment from : @gregorymalone1073 |
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Could you do a review on the Wells Fargo trifacta? Comment from : @AG-fv4wd |
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Adam great video again On thing I’m wondering about, the graphic in the $100 statement credit reads, “$100 statement credit for EVERY $1500 spent on fuel a year”, so would that mean if you spend $4500 you would get a total of $300 statement credit for that year? Comment from : @clintrobert28 |
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Goldman Sacs says they switch over on the 22nd of this month (Feb) Comment from : @mitchell9632 |
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Approved 5500 CL thank you! Comment from : @thewirelessshop1511 |
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I wonder if it’s possible to transfer credit limit between Apple Card and GM Rewards since they’re both Goldman Sachs products 🤔 Comment from : @e5pc |
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Four percent is a good non-category spend however there is the risk of devaluation on about a months notice (that law requires) Comment from : @mitchell9632 |
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We all have those things we wished we learned earlier We would want to learn the "details" 😲 😛 Comment from : @mitchell9632 |
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Mechanics that own their own shops should be ALL over this card Comment from : @jefff6884 |
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Can you buy a gm car with the credit card? Comment from : @jeffg8327 |
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I want a new C8 vette, Comment from : @docsays |
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I was gonna get this card a week ago and Goldman don’t hunks I’m about to say yes to $1000 Boy bye 😒 declined Comment from : @Dev2088-e3j |
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Hopefully Marcus gets more portfollios i like how they tell you how much u are approved for before commiting wish that was a industry standard Comment from : @BossChronicles |
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About your detailing tangent, i thought it meant breaking it down into pieces Comment from : @b3twiise853 |
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Got it couple weeks ago Looking forward to it Comment from : @lestatstaton7856 |
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Another note regarding the Apple Card: You can apply, get approved, and decline the offer they approved you for, and still get no hard pull on your credit report (they won’t automatically open an open if you’re approved, you have to accept) To decline, just tap “no thanks” after they give you your offer brbrNo hard pull unless you’re approved AND you accept the approval and commit to opening a card account Which could be a useful metric to see what Goldman Sachs would give you Comment from : @xYasago |
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Watched the video, applied for the card “The Cadillac Design “ for the gas reason since I do road trips plus it issued by The Goldman Sachs Group, went through the same smooth application process I did with Apple It wasn’t for your video I wouldn’t have known & applied for this card Thank you Comment from : @ayamaikarim |
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"We‘re unable to approve you for the My GM Rewards Card" Comment from : @sangove1 |
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So if you otherwise would use a two percent card for non category spending, this card is kind of like making your next new GM car half off (if one can save that many points) Ps Are there any good credit cards (none store cards) for car services/repairs, I meant ones with better earning rates than non category card? Comment from : @YanLuo |
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If you own a GM vehicle you'll probably need it for Un-scheduled repairs 🤣 Comment from : @simoncquach |
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I have this card already from Capital One I just worry they might cancel me once it changes to Marcus Comment from : @starchild5477 |
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4X on everything is not bad 10k points for $1k spend is easy spend Comment from : @Xtremeproducts |
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Got mine like 2 weeks ago Business card coming out February 18 Comment from : @Xtremeproducts |
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Got it last week, froze my report before accepting the card offer & so I got it without a hard pull w/ a decent limit as well so I think it worked out for me Comment from : @martyluciano5973 |
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Pretty cool! Ford changed their program up, but I'm hoping they take note of this anyway and make a couple improvements Comment from : @ewhite1546 |
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Interesting Keep coming with the reviews of lesser known cards! Comment from : @andykline396 |
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Comenity bank MasterCard has a $100 statement credit after u spend $500 in 90days, every 3 months they change the 3 category, although currently they’re giving 15 back on everything, if u want this card it can’t be for the statement credit, great 👍🏾 video as usual Comment from : @MissEnglish123 |
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I stupidly got this card about 18 years ago, because I thought it was cool looking lol Really wanted to get rid of it, but don’t want to cancel it and hurt my credit score What are my options Adam? Comment from : @rickyhawley3482 |
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Like the Apple Card they have a glitch & bugs with their system verifying identity 🤦♂️ Comment from : @shawndoe6843 |
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Thanks for the video! Comment from : @SuperVeganShark |
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