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BMW Platinum® Visa CardQuick Summary: This is a Visa automotive rebate rewards card issued by BMW Bank of North America. This card is intended for consumers, or "personal use" with a fair credit history. APR's may vary among applicants, however the lowest standard APR is 7.99%.APR's: There is not an introductory APR for this card, so the lowest or standard rate of 7.99% will apply immediately. The lowest available APR is variable, meaning that the rate can change as U.S. prime rates fluctuate. You can find out how to compute your APR in the programs terms and conditions. For example, you may be instructed to add 2.99% to the U.S. prime rate. Rewards: This card can be used for automotive rebates, where you can expect rewards or discounts for certain purchases. Credit Record Needed: Based on the FICO score recommendation, applicants should have a fairly solid credit record, with no recent negative marks on their report. A FICO score of at least 669 is recommended for a higher chance of approval for the BMW Platinum® Visa Card, but is not required. There are a number of other factors that this issuer may also consider when making decisions for approval. Other Basics: The grace period listed for the BMW Platinum® Visa Card is at least 22 days. So interest charges will not be applied during those days. This card is intended for consumers, or "personal use". This card contains the brand of Visa, where acceptance is global. Most businesses that accept credit cards will accept Visa as a form of payment. Approval Rate: There was 1 person that reported the application status to us after applying. The applicant was approved. Helpful qualification information, including credit scores, rates, household income and more was reported. There have been no approvals in our internal system that we can calculate for this card. This could be due to lack of time that this card has been listed at Finance Globe or from other various factors. As we gain more information about the approval rates, we will update them here. If you believe that you fall into the credit record of "Fair Credit" then you will have a better chance for approval. Furthermore, if your FICO score is close to or higher than 669, then your chance of approval may be greater than other applicants. Approval Time: Approval time for this offer is not listed. However, you could normally expect the approval process to be completed between 1 to 2 weeks, and an additional 1 to 2 weeks for the card to be delivered after you are approved. Offer Details: Drivers, start your free rewards. The no-fee BMW Rewards offers:
- Up to $5,000 back on your next BMW FS lease or loan
- Additional miles on your BMW FS lease
- BMW Center Dividend SM good for service, repairs, parts, and accessories
- Excess wear and use charges on your BMW FS lease
- BMW Lifestyle Merchandise
*Please view and verify the card offer's terms and conditions
regarding interest rate, fees, grace periods, approval time and other
information before applying.
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Consumer Card Rate Comparison
| APR | 7.99% | | Avg. APR** | 12.29% | | Annual Fee | $0 | | Avg. Annual Fee** | $8.7 | |
** APR average does not include cards where APR is 0%, unless viewing offers in the secured card category. "Annual fee
average" contains the average of all fees in a specific category (Consumer cards), even where the fee is $0. This data is subject to Finance Globe's
terms and conditions.
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