Quote:
Originally Posted by slownrusty
Guys - I just got a application in the mail for a Mercedes Benz Visa credit card and it says that you can earn Reward Points that can be applied to monthly vehicle payments. Plus it says you can use Reward Points for Parts an Service at the M-B dealer. But there is NO tel. no to call to chat with a customer service rep to ask details!! Argh!
So any of you sign up and have one of these Benz Visa credit cards?
What are the exact details on how much you can lower your monthly vehicle payments from purchases? If it is a good deal I will sign up as I pump my Visa hard and any reduction in car payments is a sweet thing!
Thanks!
Yasin
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Funny how I found this thread right now!
I recently was looking for a credit card that would give me greater cash back on MB car services/purchases AND everyday purchases, and found this card a few days ago. I applied for and was approved for the Mercedes-Benz Signature Visa Card.
Doing the math, I found that this card (not the non-signature card) would give me more significantly more cash back than my current primary credit card (AMEX Blue Cash after they lowered their cash back percentage), even WITH the $90 annual fee! Also, the 1% Foreign Transaction Fee (instead of the normal 2%-3%) is a nice bonus as well... along with the concierge service, and all the other "perks" you get with this card (some of which other cards offer as well, others no other cards offer).
Because everyone's usage is different, I recommend everyone that is considering to apply/switch to a different credit card to do the math and compare all cards to see which one suits your usage the best. For some people, this car will compliment their usage well. For others, there'll be other credit cards that will be better.