There are over six million GM credit card holders that can use 3% of their card usage towards the purchase or lease of a new GM car, but until yesterday that offer didn't apply to Saturn. The GM card program has been ongoing since 1992, which is right after Saturn came into existence, but since the "different kind of car company" went on its path at the beginning, it wasn't included in the debt-inducing give-aways. Since Saturn has been towing the company line the last few years, we'd say the press release after the jump should have been issued a while back.
If you don't have a GM credit card, this little tidbit probably means little to you, but if you have been racking up points in hopes of buying a GM product, it doesn't hurt to finally include Saturn in your list of choices.
GM REWARD CARDS Expands Options to Include Saturn Vehicles
GM Card and the GM Flexible Earnings Card now offer customers even more choices when redeeming Earnings
DETROIT - Consumers who want to use their GM Card or GM Flexible Earnings Card toward the purchase of an eligible, new GM vehicle now have the option to purchase or lease a new Saturn under expanded program guidelines.
The GM Card and the GM Flexible Earnings Card allows Cardmembers to earn toward an eligible new GM vehicle with every credit card purchase. In the past, these Earnings could be applied toward eligible new vehicle purchases or leases offered by Chevrolet, Pontiac, Buick, GMC, Cadillac and Hummer. Effective April 15, 2008 Saturn vehicles will be added to the expanded program.
"We're very excited to be able to offer potential Saturn customers another valuable tool when making their purchase decision," said Jill Lajdziak, general manager, Saturn. "Our Cardmembers have asked for this and we're responding."
Saturn has the freshest line-up in the industry, having launched five all-new products in the past 24 months.
A GM Flexible Earning Cardmember's redemption options include: 3 percent Earnings on eligible, new GM vehicles or 1 percent cash back.
"This reward card allows Cardmembers to choose the right reward for them and triples the base Earnings to 3 percent when you redeem on a GM vehicle," said Jody Stidham, director, GM Lifecycle Management. All GM reward card Earnings can be used in conjunction with most national promotional offers.
About GM REWARD CARDS
The GM Card, one of a suite of reward card products, is one of the richest co-branded credit cards in existence, rewarding customers with Earnings on every credit card purchase. Currently there are nearly 6 million GM reward card members. Since the program's inception in 1992, more than five million GM vehicles have been purchased or leased using Earnings. The GM Card and GM Flexible Earnings Card are issued by HSBC Bank Nevada, N.A., the credit card unit of HSBC, one of the nation's largest issuers of private-label and general-purpose credit cards. These Cards can be used anywhere Mastercard is accepted and has no annual fee. New applicants can apply for the GM Flexible Earnings Card on line at gmflexcard.com.