GM Card - Redeem ABOVE Redemption Allowances
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Thread: GM Card - Redeem ABOVE Redemption Allowances

  1. #1
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    Default GM Card - Redeem ABOVE Redemption Allowances

    Hi All.

    In the mail I got an envelope from GM Card with an offer to redeem my earnings above the redemption allowances on eligible vehicles.

    On a Volt, I'd be able to use $2,000.00 of my earnings instead of $1,000.00 (last month's redemption allowance).

    On an ELR, I'd be able to use $5,000.00 of my earnings instead of $3,000.00 (last month's redemption allowance).

    I have until 2/29/16 to use this offer.

    I thought I'd post this as it seems different than the other offers I've read about on the forum.

  2. #2
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    Quote Originally Posted by the missing link View Post
    Hi All.

    In the mail I got an envelope from GM Card with an offer to redeem my earnings above the redemption allowances on eligible vehicles.

    On a Volt, I'd be able to use $2,000.00 of my earnings instead of $1,000.00 (last month's redemption allowance).

    On an ELR, I'd be able to use $5,000.00 of my earnings instead of $3,000.00 (last month's redemption allowance).

    I have until 2/29/16 to use this offer.

    I thought I'd post this as it seems different than the other offers I've read about on the forum.
    You must have the New GM card which has redemption limits. The original Gm card does not have those limits other than the $500 per year for 7 years capping at $3500 (with some special deals thrown in along the way as my last two redemptions were about $3600.)

    You might consider getting the newerer GM BuyPower card which gives you 5% for the first $250 per year, then 2% for everything afterwards with no cap or redemption limits. Float a few million dollars of purchases through your credit card then pay each bill diligently to avoid finance charges and your next GM car could be free.

    On the flip side of this argument, collecting airline miles, points and rebates at a rate of 1-2% is probably not worth your time and effort. You can't get rich on points, you can get rich getting it done with your career, investing wisely, and living on far less than you make.
    Last edited by llninja; 01-07-2016 at 11:00 PM.
    LLninja (greenback troll #1)
    2013 Volt G1 white diamond tricoat

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    If you don't have the money, don't buy it. Debt is hazardous to your wealth
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