How Do You Use Your GM Card Earnings?


Quick Answer

You can use your GM BuyPower Card or Extended Family Card earnings to help with down payments or monthly payments toward the lease or purchase of GM vehicles, reports General Motors. You can also buy optional equipment for vehicles. To redeem earnings, go to an authorized GM dealership, make a selection, and inform the representative that you have a GM card and plan to redeem your earnings towards the payment.

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Full Answer

GM brands eligible for lease or purchase with card earnings include Buick, Chevrolet, Cadillac and GMC, explains General Motors. There is no limit on the amount of earnings you can put toward the cost of vehicles. You can also combine your card earnings with certain other GM offers. You receive earnings whenever you make purchases with your GM card, and you can use GM cards worldwide at any location that accepts MasterCard.

As of 2016, If you have a BuyPower Card, you receive 5 percent in earnings for the first $5,000 in annual purchases and 2 percent for subsequent purchases, according to General Motors. These earnings do not expire. If you have an Extended Family Card, which is for GM employees, you receive 1 percent of your annual purchases in earnings, and the earnings expire in seven years. Extended Family Card holders also have the option of redeeming card earnings for cash.

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