Review
Barclays GM Business™ Mastercard® Review: Great Rewards for GM Loyalists
If your business spends big at GM, the GM Business™ Mastercard® could be your ticket to substantial savings, offering high rewards on GM purchases. But is it the right fit for your business needs?
| Annual Fee | $0.00 |
| Regular APR | Purchases – 22.24% to 32.24%, based on your creditworthiness and other factors. This APR will vary with the market based on the Prime Rate Balance transfers – 22.24% to 32.24%, based on your creditworthiness and other factors. This APR will vary with the market based on the Prime Rate. 33.24% This APR will vary with the market based on the Prime Rate. |
| Intro APR | 0% introductory APR for the first 9 billing cycles from the transaction date on all Qualifying GM Purchases greater than $499 made within 30 days from account opening. After that, your APR will be 22.24% to 32.24%, based on your creditworthiness and other factors. This APR will vary with the market based on the Prime Rate. 0% promotional APR for the first 6 billing cycles from the transaction date on all Qualifying GM Purchases greater than $499 made after 30 days from account opening. After that, your APR will be 22.24% to 32.24%, based on your creditworthiness and other factors. This APR will vary with the market based on the Prime Rate. |
| Rewards Rate | 3x-7x points |
| Sign-up Bonus | 100,000 bonus points |
| Other Fees | Balance transfer – Either $5 or 5% of the amount of each transfer, whichever is greater. The minimum monthly interest charge will be $1.00. Balance transfer fee: 5% (min. $5). Cash advance and fee: 5% (min. $10). Foreign transaction fee: 3%. |
Overview
Pros & Cons
What's great
- Generous sign-up bonus
- High rewards rate
- Intro APR period
- No annual fee
- Complimentary employee cards
Things to consider
- High regular APR
- Foreign transaction fees apply
- High balance transfer fee
Benefits
Drawbacks
Decision Guidance
Summary
The GM Business Mastercard receives an overall rating of 2.7 out of 5.0. While the card offers a compelling rewards structure for businesses heavily invested in the GM ecosystem, its high APR and limited reward redemption options significantly restri...