BMW Mastercard offer generous rewards for customers who make frequent purchases at BMW dealerships, gas stations and while dining out.

BMW CARD 4X points per $1 spent on eligible BMW purchases 3X points per $1 spent on eligible gas station purchases 2X points per $1 spent on eligible restaurant purchases 1X point on all other eligible purchases Points worth 25% more when used at BMW centers

BMW PRECISION CARD 5X points per $1 spent on eligible BMW purchases 3X points per $1 spent on eligible gas station purchases 2X points per $1 spent on eligible restaurant purchases 1.5X points on all other eligible purchases Points worth 25% more when used at BMW centers $70 credit annually at BMW Centers

The BMW Card does not have an annual fee, while the BMW Precision Card has a modest $99 annual fee.

Both cards offer an enrollment bonus:

• BMW Card – 5,000 points after spending $500 in eligible net purchases within the first 90 days of account opening
• BMW Precision Card – 7,500 points after spending $1,000 in eligible net purchases within the first 90 days of account opening

The BMW Card offers 0% financing for the first 12 months, while the BMW Precision Card doesn’t have the same interest-free deal.

The BMW Card charges a 3% foreign currency fee, while the BMW Precision Card has no foreign currency fees.

FAQS

Which bank issues the BMW credit card?
Elan Financial services, a part of U.S. Bank, has taken over from BMW Financial Services. In addition the card uses Mastercard instead of the Visa network.

What credit score generally is required?
Since BMW is considered a luxury vehicle, a credit score in the range of 700 seems to fit the profile of its buyers.

For details and application visit the BMW Mastercard site.