BMW World Mastercard®

  • 4X points per $1 spent on eligible BMW purchases*
  • 3X points per $1 spent on eligible gas station purchases
  • 2X points per $1 spent on eligible restaurant purchases
  • 1X point on all other eligible purchases
  • Welcome Offer: 5,000 bonus points after you spend $500 in net purchases within the first 90 days of account opening*
  • 0% intro APR on purchases and balance transfers for 12 billing cycles. After that, a variable APR applies, currently 15.24% - 24.24%.*
  • $0 annual fee
Credit Target Type Annual Fee BT Intro APR Purchase Intro APR Regular APR Rewards
Excellent Credit, Good Credit Personal $0* 0.00% for 12 billing cycles 0.00% for 12 billing cycles 15.24%* - 24.24%* Automotive


BMW World Mastercard® Quick Summary:
This is a Mastercard automotive rebate rewards card issued by Elan Financial Services . This card is intended for consumers, or "personal use" with a nearly perfect credit history. Rates may vary among applicants, however the lowest standard APR is 15.24%* and may be as high as 24.24%* (Variable)*, depending on your credit worthiness*.

Important Rates:
There is a introductory balance transfer offer APR of 0.00% for 12 billing cycles*. There is also a purchase introductory APR of 0.00% for 12 billing cycles*. Be cautious that some card issuers may charge higher rates and fees for cash advances.

There is no annual fee for this card.*

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 great credit record. A FICO credit score of 741 is recommended for a higher chance of approval, but this is not required. There are a number of other factors that this issuer may also consider when making decisions for approval. While your FICO score is usually a very important factor, you may want to consider other areas that may affect a decision for approval. For example, your debt to income ratio, recent credit inquiries, 30+ day delinquencies, or current credit accounts nearing the maximum amount may affect a credit decision.

FICO scores/credit scores are used to represent the creditworthiness of a person and may be one indicator to the credit type you are eligible for. However, a credit score alone does not guarantee or imply approval for any Elan Financial Services product.

Other Basics:
The grace period listed for the BMW World Mastercard® is at least 24 days*. So interest charges will not be applied for new purchases during this time if balance is paid in full by the due date. Be aware that some issuers will begin charging interest on cash advances and balance transfers on the transaction date.

This card contains the brand of Mastercard, where acceptance is global. Most businesses that accept credit cards will accept Mastercard as a form of payment (subject to available credit). Your World Mastercard's benefits will help protect you against everything from identity theft to fraudulent purchases.

Approval Rate:
Currently, we have no applicant results in our system. You can be the first one to help by submitting your application results to assist other applicants before they apply for this card.

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. Furthermore, if your FICO score is close to or higher than 741, then your chance of approval may be even greater.

Approval Time:
Approval time for this offer is not listed. You should expect a final credit decision within a couple of weeks, but normally much sooner.

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