BMW offers with varying levels of rewards. Which you choose (if any) will depend on how much you generally spend with your credit card and how much you spend on BMW services and products. Below we offer a review / overview of each BMW card:
- Most cardholders will probably want to opt for the no-annual-fee BMW Visa Card. It offers 1 point per dollar on all purchases but you get 3 points per dollar on BMW Center purchases. You can use your points for various BMW-related rewards, including redeeming points toward a BMW vehicle.
- The BMW Signature Card offers more rewards but has an annual fee. It offers 4 points per dollar on BMW purchases, 2 points per dollar on gas purchases, and 1 point per dollar everywhere else. However, it comes with a $75 annual fee, so unless you really spend a lot on gas and BMW goodies, this probably won’t be the one for you.
- The BMW Ultimate Card is only offered to those who put $50,000 or more on their card each year — you have to be invited to get this card. It offers greater rewards, including 5 points on BMW stuff, 3 points on gas, and 1 point everywhere else.
You can only apply for the BMW credit cards by phone ) or at a BMW dealership; there is no online application.