GM Extended Family Card™

GM Extended Family Card™ Review

This is a card issued by Goldman Sachs Bank USA. If you're wondering whether GM Extended Family Card is the right card for you, read on.

Key Takeaways

• 0% APR on new purchases. New cardholders receive an introductory 0% APR rate on new purchases for up to 12 months.
• High APRs. This is not a great card for people who carry a balance. It has a variable purchase APR that ranges from 17.24% up to 27.24%.
• 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.
• 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.
• Fair or better credit required. You will have good approval odds if your credit score is above 660.

Pros & Cons of GM Extended Family Card

The Good	The Bad
0% APR on new purchases during the first 12 months. There is then a variable purchase APR that ranges from 17.24% up to 27.24%. No annual fee. No foreign transaction fee.	Higher than average purchase APRs. Does not offer a signup bonus. Does not offer rewards or cash back. You don't earn rewards on every purchase. Does not report to credit bureaus. Does not include many credit card benefits.

GM Extended Family Card FAQ

Does GM Extended Family Card have a cash back or rewards program?

No, it does not offer a rewards program.

What are the relevant APRs for GM Extended Family 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.

GM Extended Family Card™ has a variable purchase APR that ranges from 17.24% up to 27.24%. The card has a variable balance transfer APR that ranges from 17.99% up to 27.99%. It also has a variable cash advance APR of 29.99% .

What are the fees for GM Extended Family Card?

The following fees apply:

GM Extended Family Card Fees

Fees	Amount
Annual Fee	$0
Foreign Transaction Fee	0%
Late Payment Fee	up to $40

This card does not charge an annual fee, which makes it a smart choice for consumers looking for a low-cost card.

How to apply for GM Extended Family Card

• Visit the GM Extended Family 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.