Both the personal and business GM Rewards Mastercard applications pages have been closed, redirecting to a page that says something is big is coming in May 2025. This is probably because Barclays & General Motors signed a new contract in late 2024. As part of that deal they are acquiring the backbook from from Marcus in a $2 billion deal.
Rumor has it that Stellantis will buy GMC to ensure the last okay US vehicle brand goes in the toilet. Credit Card holders will receive a free 7 year old Dodge truck that didn’t make it to 100k miles along with a free wrench that is worth more than a 7 year old Dodge.
Trying to remember how many banks this hot potato of a card has gone through.
Household Bank -> HSBC -> Capital One -> Goldman/Marcus -> Barclays.
this must be some sort of record. It’s like GM should be such a great brand and company to partner with, but turns out to be a flop for all these banks.Or I guess in this case Marcus turned out to be a flop, but that’s just one out of 4
Tried numerous times to close this account and it still show open on credit report. Awful
I use this is my primary card as its essentially 4% cash back for anyone who has a GM loan or lease. Marcus has been a little erratic and I look forward to what Barclay’s will do.
Or if you have a GM vehicle and get your service or any other work done at a GM dealership.
Same here. It’s my main as I have a loan from GM for my car. And like you said, it’s essentially 4% back on everything.
Let’s see what “big thing” is incoming.
A big disappointment
The GM card is/was the best sleeper card out there. 4x everywhere. $100 gas credit. $50 detail credit. No annual fee.
Wasn’t the 4x everywhere only if you were redeeming points towards GM car payment or GM parts/services?
agree. 100% of my spend goes in this card as an easy 4% towards my payment.
How does the detail credit work? How much is detailing? Is it by dealer during service or can you just bring the car in for a detailing?
I only use this card for the gas credit. (I don’t have a gm loan and don’t take to gm dealers, don’t buy gm parts, so it’s relatively useless otherwise)
Detailing price varies by dealer I’m sure, mine charges like $120 for a full interior clean. You just let them know you want to apply your GM card $50 credit and they can pull up your account somehow and apply the credit and it’s deducted from the price you pay at the cashier. I usually time it to when I’m having service done, but you can take it in any time.
At no price is GM vehicle worth buying. Every time I got suckered with GM cash
sad, no way the gm biz card will be a no-inquiry card now
Is the ‘big thing’ a recession??
So long as Marcus keeps its Savings rates above 3%, I’ll be ‘fine’ with whatever.
a bigly recession. Huge!
Is it ‘bigly’ or ‘Big League’–I’ve always wondered.
Do the cardholders pay a lot of interest?
Are there some links that still work?
So funny how launching a new debt product is seen as BIG news! LOL