What we think of it...

PROBABLY the easiest way to knock a few grand off the price of a new car!

The GM credit card from HFC bank (the bank behind the popular Marbles credit card) allows you to earn rebate points that will go towards a saving of up to £2,000 off a new Vauxhall or £2,500 off a new Saab.

If your partner or spouse gets a card too, you can pool your points and reach your rebate target twice as fast.

The GM credit card is also very useful for any large purchases you may have to make. On top of the rebate points you'll earn, you'll also have 5 months of 0% rates on your purchases.

With a 100 bonus points (worth £100) just by opening the account and an instant online decision is made in 60 seconds, this is a credit card well worth applying for.

A little more detail

Rates and Fees

			Special Note..	Any good?
Typical APR		14.9% APR (variable) -	-
Introductory Purchase Rate		0% for 5 months	-
Balance Transfer Rate		0% for 5 months	-
Balance Transfer Fee		2% (£5 minimum)	-
Cash Withdrawal Rate		23.9% p.a. (variable)	-
Cash Withdrawal Fee		2.5% (£3 minimum)	-
Annual Fee		£0	-
Foreign Transaction Fee		2.75%	-

Rewards

			Special Note..	Any good?
Reward Type #1	-	Vauxhall or Saab Rebates	Earn 3% rebate points on all purchases towards the cost of a new Vauxhall or Saab. Rebates earned can be redeemed as a saving of up to £2,000 off the cost of a new Vauxhall or up to £2,500 off the cost of a new Saab. Each 1 rebate point earned equals £1 off the cost of a new Vauxhall or Saab. Rebate points expire after 4 years from the date they were added to your account.
Reward Type #2	-	'Partner Points' at GM Card Partners	Earn an additional 3% when you use your GM Card with Vauxhall Retailers and Saab Dealers. You can redeem unlimited partner points in addition to the maximum rebate. Partner points expire after 4 years from the date they were added to your account.
Reward Type #3	-	Bonus Rebates	Get 100 bonus rebate points when you first use the GM Card.

Extras

			Special Note..	Any good?
Online Account Management		Yes	-
Safe Shopping Promise		Yes	-
Travel Accident Insurance		- Up to £250,000 for Platinum cardholders - Up to £150,000 for Classic cardholders	When you use this card to buy travel tickets you and your family will be covered against death or serious injury whilst abroad.
Other Extras	-	Free additional cards	-
Optional Extras	-	- Card protection insurance - Repayment protection insurance	This is not a free service, but is available for this card.

Payments

			Special Note..	Any good?
Credit Limit		£250 minimum	Maximum credit limit subject to status.
Interest Free Period		Up to 56 days	There is no there interest free period on cash withdrawals and balance transfers not in the introductory period.
Minimum Monthly Payment		2% (£5 minimum)	-
Allocation of Payments		Charges » Fees » Interest » Balance transfers » Cash withdrawals » Purchases	Lower introductory rate balances will be repaid before normal rate balances.
Default Charges		£12	-
Copy of Statement Fee		£5	-

Card Details

			Special Note..	Any good?
Online Application	-	Yes	Instant decision, in most cases.
Card Type		Classic or Platinum	-
Payment Company		MasterCard	-
Card Issuer		HFC Bank	-
Card Advertiser		HFC Bank Vauxhall Motors	-

At a Glance

Typical APR	14.9% APR
Credit limit	£250 minimum
Intro purchases	0% for 5 months
Balance transfer	0% for 5 months (2% transfer fee - £5 min)
Rewards	Vauxhall & Saab rebates
Interest free period	Up to 56 days
Annual fee	£0

	This card includes:
	Online Account Management
	Internet Fraud Guarantee
	Travel Accident Insurance
	Instance Decision
	It is best suited for:
	All-purpose spending (including large initial purchases) with the aim of earning a rebate off a new car.
	Wait! Only apply if you are...
Aged 18 or over (21 if you're in the Channel Islands) UK or Channel Island resident Have a good credit history Have a household income of more than £4,000 a year - your income plus your partner's income

More about this card...

Jeremy Clarkson would love this card.

On top of its excellent 0% introductory period for purchases and balance transfers, the GM credit card is the easiest way to knock up to £2,500 off the cost of a new car.

Money off a new car
If you fancy any Vauxhall or Saab model, you should apply for this card now.

On top of the 100 bonus points - equal to £100 - you'll get just by using the card once (to pay for a purchase), you'll also earn rebate points on everything else you spend.

Each rebate point is worth £1, and you'll earn 3% rebate points on each purchase.

That's a very generous scheme!

The points you earn can be used to save up to £2,000 off the cost of a new Vauxhall, or up to £2,500 off the cost of a new Saab.

Pool your points with a partner
One the best features of any reward card we have seen is the ability to pool your points with anyone who lives in your household.

So get your partner or spouse to apply for a card too, and you can start earning points at double the speed.

Easy to keep track of rewards
The GM credit card has an online account management feature.

You can log in to the website and manage your credit card online.

The website makes it easy to view and keep track of your reward points earned.

Excellent introductory rates
Whether you use this card for its rewards or not, there is no denying that it offers an excellent introductory rate for purchases and balance transfers.

All initial purchases and balance transfers enjoy a five-month 0% introductory rate period.

Of course you will still have to make the minimum payments, and make them on time, but you'll not accrue any interest during that time on purchases and / or balance transfers.

Final word
With its extraordinarily generous reward scheme and initial 100 bonus points, this card is an absolute must if you're thinking of buying either a Vauxhall or a Saab anytime soon.

The simple application process with instant online decision, along with good introductory rates on balance transfers and purchases make the GM credit card a real winner.