BMW Card

Key Takeaways

• 0% Intro APR balance transfer intro rate. Offers an introductory 0% APR rate on balance transfers for 15 months.
• 0% APR on new purchases. New cardholders receive an introductory 0% APR rate on new purchases for 15 months.
• Earn 5,000 bonus points after you spend $500 in net purchases within the first 90 days of account opening.
• APRs: BMW Card has a variable regular purchase APR that ranges from 15.24% up to 26.24%.
• 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.
• A 3% balance transfer fee. BMW Card charges a fee of 3% on balance transfers. For example, a balance of $1,000 could cost $30 in transfer fees. The minimum fee is $5.
• Charges foreign transaction fees. Avoid using this card when traveling abroad because it charges a commission of up to 2% every time you make a transaction outside the U.S.
• Good or excellent credit required. You will have low approval odds if your credit score is below good.

Pros & Cons of BMW Card

BMW Card FAQ

Does BMW Card have a cash back or rewards program?

How do people rate the customer service and user experience of BMW Card?

Does BMW Card report your account activity to credit bureaus?

• Equifax
• Experian
• TransUnion

Does BMW Bank of North America perform a hard credit pull?

How to apply for BMW Card

• Visit the website of BMW Card.
• Fill in the application form. You will typically need to provide general financial information, such as your Social Security Number, address, and annual income.
• Check the information is accurate and submit your application.