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  BMW Precision Card
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BMW Precision Card

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Highlights
Purchase APR  (Variable APR) 17.49% - 26.49%
(Verified 09/04/2022)
Balance Transfer APR  (Variable APR) 15.24% - 24.24%
Credit Score Range 700 - 850
Annual Fee $99

BMW Precision Card Review

This is a cashback credit card issued by BMW Bank of North America. If you're wondering whether BMW Precision Card is the right card for you, read on.

Key Takeaways

  • Signup bonus. Offers a signup bonus of 7500 points after spending $1,000 within 3 months that can be redeemed for travel, gifts, or other perks.
  • High APRs. This is not a great card for people who carry a balance. It has a variable purchase APR that ranges from 17.49% up to 26.49%.
  • 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.
  • Good or better credit required. You will have low approval odds if your credit score is below 700.

Pros & Cons of BMW Precision Card

The Good The Bad
  • 7,500 bonus points after you spend $1,000 in net purchases within the first 90 days of account opening
  • $70 credit annually at BMW Centers
  • Get 25% more value when you redeem points for a BMW Rewards Card. Use it for BMW service, accessories, lease end costs and more.
  • Identity Theft Protection.
  • No foreign transaction fee.
  • Cardholders can earn rewards on their purchases.
  • BMW Precision Card reports to multiple credit bureaus.
  • Higher than average purchase APRs.
  • You need good credit to qualify.
  • Charges an annual fee of $99
  • Does not include many credit card benefits.

BMW Precision Card FAQ

Does BMW Precision Card have a cash back or rewards program?

This is a cashback card. This means you earn a percentage of your purchases as cash back rewards. You will receive 1.5% cash back on travel, dining, groceries, drugstore purchases, or any other purchase. For example, if you buy a $1,000 laptop, you will receive $15 back in cash.

BMW Precision Card Rewards
Minimum rewards rate 1.5x
Max rewards rate N/A
Annual rewards limit N/A
Signup Bonus ($) N/A
Signup Bonus (Points/Miles) 7500
Signup Bonus Spend Requirement $1000
Signup Bonus Spend Period (months) 3 months

Does BMW Precision Card have a signup bonus?

This card doesn't offer a cash signup bonus. However, it does include a 7500 points signup bonus after spending $1000 that can be redeemed for travel, gifts, or other perks.

Does BMW Precision Card offer an annual loyalty bonus?

This card doesn't offer a cash loyalty bonus.

What are the BMW Precision Card benefits?

It provides the following benefits:

  • Zero fraud liability
  • Reports to major credit bureaus

What are the relevant APRs for BMW Precision Card?

According to the Federal Reserve Board, the average regular APR is 15% for all credit cards and 17% for accounts that carry a balance. This card has higher than average regular APRs.

BMW Precision Card has a variable purchase APR that ranges from 17.49% up to 26.49%. The card has a variable balance transfer APR that ranges from 15.24% up to 24.24%. It also has a variable cash advance APR of 28.24% .

Does BMW Precision Card have an intro APR offer on balance transfers?

No, it does not come with an intro APR offer for balance transfers.

Does BMW Precision Card have an intro APR offer on new purchases?

This card does not offer an intro APR rate on new purchases.

What are the fees for BMW Precision Card?

The following fees apply:

BMW Precision Card Fees
Fees Amount
Annual Fee $99
Foreign Transaction Fee 0%
Returned Payment Fee up to $40
Late Payment Fee up to $40

Does BMW Precision Card have a foreign transaction fee?

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

What is the customer service phone number for BMW Precision Card?

The BMW Precision Card customer service number is (801) 461-6415.

What is the support contact email for BMW Precision Card?

The support contact email for BMW Precision Card is bmwgenius@bmwusa.com.

What is the BMW Precision Card login page?

You can access the BMW Precision Card login page here.

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

We currently don't have sufficient reviews to provide a reliable SuperMoney community rating for this product.

Does BMW Precision Card report your account activity to credit bureaus?

Yes, BMW Precision 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 for BMW Precision Card

  • Visit the BMW Precision Card website.
  • 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.

If your credit score is preventing you from qualifying for this credit card, check out our guide for the best credit cards for bad credit.

SuperMoney Disclosure: SuperMoney.com is an independent, advertising-supported service. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. Read more...
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.

Contact

Hours of Operation

  • Sunday Closed
  • Monday 9:00am - 5:00pm
  • Tuesday 9:00am - 5:00pm
  • Wednesday 9:00am - 5:00pm
  • Thursday 9:00am - 5:00pm
  • Friday 9:00am - 5:00pm
  • Saturday Closed

About BMW Precision Card

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View all credit cards offered by BMW Bank of North America

Availability

  Available in 50 states and Washington, D.C.
  • Alabama
  • Alaska
  • Arizona
  • Arkansas
  • California
  • Colorado
  • Connecticut
  • Delaware
  • Florida
  • Georgia
  • Hawaii
  • Idaho
  • Illinois
  • Indiana
  • Iowa
  • Kansas
  • Kentucky
  • Louisiana
  • Maine
  • Maryland
  • Massachusetts
  • Michigan
  • Minnesota
  • Mississippi
  • Missouri
  • Montana
  • Nebraska
  • Nevada
  • New Hampshire
  • New Jersey
  • New Mexico
  • New York
  • North Carolina
  • North Dakota
  • Ohio
  • Oklahoma
  • Oregon
  • Pennsylvania
  • Rhode Island
  • South Carolina
  • South Dakota
  • Tennessee
  • Texas
  • Utah
  • Vermont
  • Virginia
  • Washington
  • Washington, DC
  • West Virginia
  • Wisconsin
  • Wyoming

Feature Breakdown

Cash Advance Fee Minimum $10
Cash Advance Fee (%) Starting at 5%
Minimum Cash Advance Fee ($) Starting at $10
Foreign Currency Transaction Fee 0%
No Foreign Transaction Fee
Annual Fee $99
Minimum Interest Charge $2
No Interest Grace Period for Late Payment 24 days
Returned Payment Fee Up to $40
Late Fee Amount Up to $40
Customer Type Personal
Minimum Age 18
Military Status
  • Active Duty Military
  • Non-Military
  • Veterans
  • Military Dependent
Employment Statuses Considered
  • Other
  • Employed Full-Time
  • Employed Part-Time
  • Self-Employed
  • Retired
Immigration Status Considered
  • U.S. Citizen
  • U.S. Permanent Resident
Credit Score Range 700 - 850
Credit Bureau Reporting
  • Experian
  • Equifax
  • TransUnion
Credit Card Benefits
  • Identity Theft Protection
  • Fraud Liability
Rewards Categories
  • 3x Points on Gas
  • 2x Points on Restaurants
  • 1.5x Points on Every Purchase
  • 5x Points on In-Store Eligible Purchases
Signup Bonus (points) 7,500
Cash Advance APR (Variable APR) 28.24%
APR Type Variable APR
Balance Computation Average daily balance (including new purchases).
Purchase APR (Variable APR) 17.49% - 26.49%
(Verified 09/04/2022)
Balance Transfer Fee % After Intro Period Starting at 3%
Balance Transfer APR (Variable APR) 15.24% - 24.24%
Balance Transfer Fee Minimum $5
Card Type
  • Rewards
  • Cashback
  • Bonus Offers
Card Network Mastercard

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