SuperMoney
  BMW Precision World Elite Mastercard®

BMW Precision World Elite Mastercard®

in Personal Credit Cards from BMW Bank of North America

Unaffiliated

BMW Precision World Elite Mastercard®

Unaffiliated

in Personal Credit Cards from BMW Bank of North America

Not enough votes for recommendation

Not enough votes for recommendation

Cast your vote

Would you recommend BMW Precision World Elite Mastercard® to your friends?

Thanks for your vote!

You voted: May or may not recommend

Highlights
Purchase APR  (Variable APR) 15.24% - 24.24%
Balance Transfer APR  (Variable APR) 15.24% - 24.24%
Credit Score Range 700 - 850
Annual Fee $99

BMW Precision World Elite Mastercard® Review

This is a cashback credit card issued by BMW Bank of North America. If you're wondering whether BMW Precision World Elite Mastercard® is the right card for you, read on. This review will provide you with with all the details you need to make a good choice.

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.
  • Competitive APRs. BMW Precision World Elite Mastercard® has a variable purchase APR that ranges from 15.24% up to 24.24%.
  • 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 World Elite Mastercard®
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.
  • Potentially lower than average purchase APRs.
  • Identity Theft Protection.
  • No foreign transaction fee.
  • Cardholders can earn rewards on purchases everywhere BMW Precision World Elite Mastercard® is accepted.
  • BMW Precision World Elite Mastercard® reports to multiple credit bureaus.
  • Requires good to excellent credit.
  • Charges an annual fee of $99
  • Does not include many credit card benefits.
BMW Precision World Elite Mastercard® FAQ

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

Does BMW Precision World Elite Mastercard® 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 World Elite Mastercard® offer an annual loyalty bonus?

This card doesn't offer a cash loyalty bonus.

What are the BMW Precision World Elite Mastercard® benefits?

It provides the following benefits:

  • Zero fraud liability
  • Reports to major credit bureaus

What are the relevant APRs for BMW Precision World Elite Mastercard®?

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 lower than average regular APRs.

BMW Precision World Elite Mastercard® has a variable purchase APR that ranges from 15.24% up to 24.24%. 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 25.99% .

Does BMW Precision World Elite Mastercard® have an intro APR offer on balance transfers?

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

Does BMW Precision World Elite Mastercard® 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 World Elite Mastercard®?

The following fees apply:

BMW Precision World Elite Mastercard® 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 World Elite Mastercard® 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 support contact email for BMW Precision World Elite Mastercard®?

The support contact email for BMW Precision World Elite Mastercard® is bmwgenius@bmwusa.com.

How do people rate the customer service and user experience of BMW Precision World Elite Mastercard®?

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

Does BMW Precision World Elite Mastercard® report your account activity to credit bureaus?

Yes, BMW Precision World Elite Mastercard® 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 World Elite Mastercard®

  • Visit the BMW Precision World Elite Mastercard® 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 World Elite Mastercard®

Icon for Personal Credit Cards
View all personal credit cards offered by BMW Bank of North America

Availability

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

Feature Breakdown

Foreign Currency Transaction Fee 0%
No Foreign Transaction Fee
No Interest Grace Period for Late Payment 24 days
Cash Advance Fee Minimum $10
Cash Advance Fee (%) Starting at 5%
Minimum Cash Advance Fee ($) Starting at $10
Annual Fee $99
Minimum Interest Charge $2
Returned Payment Fee Up to $40
Late Fee Amount Up to $40
Customer Type Personal
Minimum Age 18
Supported Income Types
  • Direct Deposit (W2, SSA, SSDI)
  • Cash
  • Payroll Check or Prepaid Card
  • 1099 Misc. Income
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
  • Travel
  • Gas
  • Restaurants
  • Every Purchase
  • In-Store Eligible Purchases
Signup Bonus (points) 7,500
Cash Advance APR (Variable APR) 25.99%
Balance Computation Average daily balance (including new purchases).
Purchase APR (Variable APR) 15.24% - 24.24%
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

Be the first to rate

 

Would you recommend BMW Precision World Elite Mastercard® to your friends?

Before we publish your vote:

Please explain your vote by sharing your experience.

Writing a review increases the credibility of your vote and helps your fellow users make a better-informed decision.

Please write a review to submit your vote
(will require moderator approval)

Other Personal Credit Cards

BMW Bank of North America Personal Credit Cards

Loading...