|
The Subaru MasterCard Credit Card is designed for those with very good credit who plan to
purchase or lease a SubaruŽ vehicle within a four-year period.
Through the reward program, a 3% rebate is earned on all general purchases made
with the card. Earned rebates can be redeemed toward the purchase or lease of a
new SubaruŽ vehicle, SubaruŽ accessories, or regular servicing (such as oil
changes) at an authorized SubaruŽ dealership.
A $100 coupon is issued for every $3,333 spent on the card, with a maximum of
$500 that can be earned per year, each coupon expiring within 4 years. Although
there is a maximum of $2,000 that can be earned in total rebates within the
four-year period, the 3% rebate is a very reasonable amount for a reward card,
as many reward cards usually offer a 1% - 2% rebate for general purchases.
Aside from the reward program, the platinum card offers a variety of benefits
that include travel accident insurance, auto rental insurance,
and various travel and emergency services.
The card provides a reasonable interest rate for purchases and balance transfers
for those who qualify and has no annual fee. This card also offers a 0%
introductory rate on purchases and balance transfers for six months. It is important to note
that there is a minimum cap for cash advances; so no matter how low the Prime
Rate falls (the APR is tied to the Prime Rate), the interest rate will not go
below the minimum cap.
Therefore, those who qualify for the lowest rate offered and either plan to
purchase or already own a SubaruŽ vehicle (to take advantage of the reward
program), will benefit most from what the Subaru MasterCard Credit Card has to offer.
Review Date: May 1st, 2007 |
