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  GM BuyPower Business Card™

GM BuyPower Business Card™

in Business Credit Cards from Capital One

Claimed

GM BuyPower Business Card™

Claimed

in Business Credit Cards from Capital One

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Highlights
Purchase APR  (Variable APR) 16.99%
Balance Transfer APR  (Variable APR) 16.99%
Credit Score Range 650 - 850
Annual Fee $0

GM BuyPower Business Card™ Review

Key Takeaways
  • Business credit card with generous reward rate. You will get a rewards rate of up to 5 reward points per dollar spent.
  • 0% APR on new purchases. New cardholders receive an introductory 0% APR rate on new purchases for up to 12 months.
  • Competitive APRs. GM BuyPower Business Card™ has a variable purchase APR of 16.99%
  • No annual fee*. This is a great option for people looking for a low-maintenance card. It gives you the benefits of a credit card, but you don't have to pay an annual fee for the privilege.
  • No foreign transaction fee. This card does not charge a fee when you make a purchase that passes through a foreign bank, or is in a currency other than the U.S. dollar (USD), which makes it a great credit card to carry when traveling abroad.
  • Multiple business credit card benefits. Includes generous credit card perks, such as rental insurance, access to a concierge, extended warranty protection on purchases, identity theft protection, purchase protection, travel accident insurance, and fraud protection.
  • Fair or better credit required. You will have good approval oods if your credit score is above650.
Pros & Cons of BuyPower business card
The Good The Bad
  • 0% APR on new purchases during the first 12 months.
  • No annual fee.
  • Multiple business credit card perks.
  • Offers auto rental collision damage waiver.
  • Access to a concierge.
  • Extended warranty on purchases.
  • Identity Theft Protection.
  • Travel accident insurance.
  • No foreign transaction fee.
  • GM BuyPower Business Card™ reports to multiple credit bureaus.
  • Does not offer a signup bonus.
  • Does not offer rewards or cash back.
BuyPower business card FAQ

Who is BuyPower business card designed for?

This is a store credit card issued by Capital One. 

This business card is designed for small businesses with fair credit. The minimum credit score to apply is 650.

What are the relevant APRs?

This business credit card has a variable purchase APR of 16.99%. The card has a variable balance transfer APR of 16.99% .

It also has a variable cash advance APR of 24.90%.

Does it have an introductory APR offer?

No, this business card does not come with an introductory APR offer for balance transfers.

This business card does offer an introductory APR rate on new purchases of 0% for a period of 12 months.

BuyPower business card Rates & Terms
Purchase APR 16.99%
Balance Transfer APR 16.99%
Cash Advance APR 24.90%

What fees does it charge?

The following fees apply to this business credit card:

  • There is no annual fee.
  • A late payment penalty of up to $38.

Does it charge a foreign transaction fee?

This business credit card does not charge foreign transaction fees. If you are a frequent traveler, this can save you hundreds of dollars in credit card fees when you travel out of the country.

BuyPower business card Fees
Fees Amount
Annual Fee $0
Foreign Transaction Fee 0%
Late Payment Fee up to $38

Does it offer a cash back rewards program?

No, it does not offer a cash back rewards program. This business card offers rewards to small business owners that use the card to make purchases in the following bonus categories:

  • Every Purchase
  • Gas stations
  • Office Supply Stores
  • Restaurants

Can I get it with just an employer identification number (EIN)?

You can apply for this business credit card with your EIN number, but expect the credit card issuer to also require your Social Security number. This is because, as with most business cards, it requires you to personally guarantee the line of credit.

What are the benefits?

This business credit card provides the following benefits:

  • Auto Rental Collision Damage Waiver
  • Extended Warranty Protection
  • Fraud Liability
  • Travel Accident Insurance
  • Reports to major credit bureaus

What is the customer service phone number?

The customer service number for this business card is (877) 383-4802.

Does GM BuyPower Business Card™ report your account activity to credit bureaus?

Yes, GM BuyPower Business Card™ reports your account activity to the following credit reporting agencies:

  • Equifax
  • Experian
  • Transunion

Making regular on-time payments to a creditor that reports to one or more credit bureaus will demonstrate your financial responsibility and may help improve your credit.

How to apply?

  • Visit the Capital One .
  • Fill in the application form. You will typically need to provide general financial information, such as your Social Security Number, address, annual income, and source of employment.
  • Check the information is accurate and submit your application.
  • If you're denied click here to find out why your application may have been rejected and what you can do about it.
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Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author’s alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.

Feature Breakdown

Every Purchase (Points) 1% Earnings on all other purchases
Introductory Rate 0%
Purchase Intro APR Period (Variable APR) 12 months
Annual Fee $0
Foreign Currency Transaction Fee 0%
Minimum Interest Charge $0
No Annual Fee
No Foreign Transaction Fee
No Interest Grace Period for Late Payment 25 days
Cash Advance Fee (%) 3%
Cash Advance Fee Minimum $10
Late Fee Amount Up to $38
Minimum Cash Advance Fee ($) $10
Customer Type Business
Minimum Age 18
Credit Score Range 650 - 850
Credit Bureau Reporting
  • Experian
  • Equifax
  • TransUnion
Credit Card Benefits
  • Identity Theft Protection
  • Auto Rental Collision Damage Waiver
  • Extended Warranty Protection
  • Purchase Protection
  • Fraud Liability
  • Travel Accident Insurance
  • Concierge
Bonus Rewards 5% Earnings on purchases of GM parts, accessories and service at authorized GM dealers.3% Earnings on purchases at gas stations, restaurants and office supply stores.
Rewards Rates
  • Gas
  • Office Supplies
  • Restaurants
  • Every Purchase
Balance Computation Average daily balance (including new transactions)
Cash Advance APR (Variable APR) 24.90%
Purchase APR (Variable APR) 16.99%
Balance Transfer APR (Variable APR) 16.99%
Card Network Mastercard
Card Type
  • Store Card
  • Gas

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