This card has been scored using WalletHub’s proprietary credit card rating system. We evaluated this card for various cardholder needs and picked the rating for the need with the highest score, which is "Earn Gas Rewards." A score of 5 is the best a card can receive, and the rating for the card may vary on different pages where it is compared to other cards for different needs.
Editor’s Rating
3.0
User Reviews
2.4
Market Comparison
3.8
fees: 3.8
rewards: 3.9
cost: 4.0
Other Features: 0.0
Purchase Intro APR→0% for 12 months
Transfer Intro APR→0% for 12 months|Transfer Fee:3% (min $5)
Regular APR→17.49% - 30.49% (V)
Purchase Intro APR
0% for 12 months
Transfer Intro APR
0% for 12 months|Transfer Fee:3% (min $5)
Regular APR
17.49% - 30.49% (V)
annual fee
$0
rewards rate
1 - 4 points / $1
Bonus Offer
5,000 points
Bonus Offer
5,000 points
minimum credit
Good
WalletHub's Take: The BMW Credit Card is a good credit card to consider if you have a BMW, or you plan to get one soon, and your credit score is 700 or higher. The card is worthwhile for BMW owners and lessees because it has valuable rewards, a $0 annual fee, and financing promotions.
Pros
No membership fees
0% intro APR on purchases
0% intro APR on balance transfers
High rewards rate
Cons
Balance transfer fee
High regular APR
Foreign fee
Requires good/excellent credit
Rewards Details
Earn 5,000 bonus BMW Reward Points when you spend $500 on purchases within the first 90 days after account opening
Earn 4 points per $1 spent at BMW Centers and BMW Dealers and 3 points per $1 spent on gas station purchases.
Earn 2 points per $1 spent at restaurants (including fast foods) and 1 point per $1 on all other purchases.
Get 25% more value when you redeem points for a BMW Rewards Card. Use it for BMW service, accessories, lease end costs and more.
You can also redeem points for travel, merchandise, cash back and more.
Additional Info
0% intro APR for balance transfers made within 30 days of account opening.
Complimentary Mastercard benefits, including a $5 Lyft credit every month after taking 3 rides and 3 free months of Instacart+ & $10 off your second order each month.
This card has been scored using WalletHub’s proprietary credit card rating system. We evaluated this card for various cardholder needs and picked the rating for the need with the highest score, which is "Earn Rewards." A score of 5 is the best a card can receive, and the rating for the card may vary on different pages where it is compared to other cards for different needs.
Earn 7,500 bonus BMW Reward Points when you spend $1,000 on purchases within the first 90 days after account opening.
Earn 5 points per $1 spent at BMW Centers and BMW Dealers and 3 points per $1 spent on gas station purchases.
Earn 2 points per $1 spent at restaurants (including fast foods) and 1.5 points per $1 on all other purchases.
Earn $70 annual dealership credit when you use your card for purchases made at BMW.
Get 25% more value when you redeem points for a BMW Rewards Card. Use it for BMW service, accessories, lease end costs and more.
You can also redeem points for travel, merchandise, cash back and more.
Additional Info
Complimentary Mastercard benefits, including a $5 Lyft credit every month after taking 3 rides and 3 free months of Instacart+ & $10 off your second order each month.
This card has been scored using WalletHub’s proprietary credit card rating system. We evaluated this card for various cardholder needs and picked the rating for the need with the highest score, which is "Earn Gas Rewards." A score of 5 is the best a card can receive, and the rating for the card may vary on different pages where it is compared to other cards for different needs.
User Reviews
5.0
Market Comparison
3.8
fees: 3.8
rewards: 3.9
cost: 4.0
Other Features: 0.0
Purchase Intro APR→0% for 12 months
Transfer Intro APR→0% for 12 months|Transfer Fee:3% (min $5)
Receive 5,000 bonus MINI Rewards Points on spending $500 on purchases within the first 90 days from account opening. Redeem for exclusive MINI Rewards.
Earn 4 points per $1 spent at MINI Centers and MINI Dealers and 3 points per $1 spent on gas station purchases.
Earn 2 points per $1 spent at restaurants (including fast foods) and 1 point per $1 on all other purchases.
Get 25% more value when you redeem points for a MINI Rewards Card. Use it for MINI service, accessories, lease end costs and more.
You can also redeem points for Travel, Merchandise, Cash back and more.
Use your MINI Credit Card and save 20% when you book a class through the MINI Driving Experience.
Additional Info
0% intro APR for balance transfers made within 30 days of account opening.
New cardmembers receive a $5 Lyft credit monthly upon taking three rides.
Pros, Cons, & Details
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Too many credit line holds! Every time I pay (I pay as I go), it takes five business days for the 'available credit' to reflect that payment. I use Chase, and they said if I want it to clear quicker, my bank needs to send a 'fax' confirming I still have those funds available in my bank account, even though they clear on the day I send the payment and it reflects on my 'available balance' but not on my available credit. Also, when you call, they say it takes one to three business days, but then I have to wait five business days. No one can give me a straight answer. I have always paid before my due date, I pay mid-month, I have never called to dispute anything. Why, in 2025, am I dealing with this when every other card (Amex, Capital One, Apple) allows payments to post immediately after clearing the bank?
Horrible card! Every month, I have to set up a new password. I have to call customer service because online it's impossible to do so. I don't have time to call customer service every single month in order to reset the password again and again! This is ridiculous!
This card undeniably has the worst customer service of any major credit card in today's market. Two examples should suffice to demonstrate: 1. A phone call took over 6 minutes of dealing with the most extremely inept voice prompt system ever conceived to reach a human customer representative who could understand a simple question. 2. Four phone calls were insufficient to reach a customer rep who could answer one simple question, namely, "How many frequent flier points does a reward point buy?"
Think before you accept that card. They collaborate with scammers. I have a feeling they are also scammers. If you have a problem and an unauthorized transaction occurs, you can forget about resolving it. Their customer service is far from excellent. They promised that the claims department would call back, but the call never comes. If I could give zero stars, I would. I regret the day I applied for that credit card. If you care about your credit, stay away from the BMW credit cards.
The rewards program is terrible!! The dealership wasn’t able to redeem the e-gift cards only the physical ones. Then they tell me 3-4 weeks to get back my e rewards so I can get physical cards sent. What’s the point of collecting points if I’m constantly unable to use them. A garbage card that will unfortunately just collect dust.
$75 annual fee version of credit card with $50 dealership credit. Bonus categories are decent, including a rare bonus on automotive repair (4%). good spending power. They have almost tripled my limit since this card was transferred to Elan.
Great credit card for BMW owners. It is worth it if you take your Bimmer to a dealership for maintenance, as that is where you will get the most points. However, it is also good to use for gas as well.
If I could give this company a -10 rating I most certainly would this is the worst credit card company ever the customer service is horrible and I was treated like crap! I highly do not recommend if you are considering getting a credit card do not choose this company ,, so beware
IF I could give BMW Card A Minus Star I would. They Screwed up my account when transfering to Elan NOT taking Automatic Payments without my knowledge. When I realized it I called them up PAID And they Reported me to Credit Bureaus!!!!! I Have an Exceptional Credit with a Red mark from this Horrible Company. Bad Customer Service The Worst!!
Get answers to your questions about BMW Bank of North America Credit Cards below. Editorial and user-generated content is not provided, reviewed or endorsed by this issuer. Please keep in mind that it is not a financial institution’s responsibility to ensure all posts and questions are answered. In addition, WalletHub independently collected information for some of the cards on this page.
There is no specific starting credit limit for the BMW Credit Card included in the card's terms. However, cardholders report starting credit limits as low as $2,000 and as high as $35,000.
For the most part, BMW Credit Card credit limits depend on each applicant's overall creditworthiness. Those with the highest income and best credit scores will generally be offered the highest starting credit limits.
If you're not satisfied with your starting limit, you can ask to get a credit limit increase by calling customer service at (888) 229-8864. But it's best not to ask more than once a year. The issuer will also evaluate your account periodically to determine whether you are eligible for a credit limit increase. Paying on time and keeping your credit utilization low are key to getting unsolicited credit line increases.
The minimum credit score needed for the BMW Credit Card is 700. In other words, you would need a "Good" credit rating to have a chance at getting approved for this card.
Besides looking at your credit, an issuer will also take other factors into consideration, like your income or any current debts.
Be aware, though, that applying will affect your credit score for a short period of time.
No, the BMW Precision Credit Card is not made of metal; it is made of plastic, like most other credit cards. However, there's no functional difference between a plastic card like the BMW Precision Credit Card and a metal credit card. So, don't dismiss the BMW Precision Credit Card just because it isn't metal. If you like the card's terms and benefits, you should still consider applying.
Metal credit cards are usually expensive luxury cards. Some popular examples of metal credit cards are the Chase Sapphire Preferred® Card...
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* The information about the following cards has been independently collected
by WalletHub: BMW Credit Card, BMW Precision Credit Card, and MINI Credit Card.
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