GM Business Card™ Review for 2022
Tricia has nearly two decades of experience in commercial and federal government lending. Her expertise is highlighted throughout small business loan content on Fit Small Business.
Nancy Fernandez is a Credit Card and Insurance Expert at Fit Small Business, specializing in business credit cards and business insurance.
This article is part of a larger series on Best Small Business Credit Cards.
The GM Business Card™ from Marcus by Goldman Sachs® is a cobranded business credit card designed for business owners who usually do business with General Motors (GM). You’ll earn premium rewards on parts and services from GM and up to 3% on purchases made at gas stations, restaurants, and office supply stores—all without having to pay an annual fee. You can redeem these rewards when buying or leasing an eligible GM vehicle.
If you wish to compare one card over another, select a maximum of three cards on this page and click Add to compare to view the details in a side-by-side comparison.
GM Business Card™
Intro APR
0% APR
Regular APR
16.24 to 26.24% variable
Annual Fee
None
Credit Needed
Good/Excellent
- 5% back on purchases on every dollar spent on dealership parts and services at an authorized Chevrolet, Buick, GMC, or Cadillac new vehicle dealer.
- Earn 5% after purchasing a new Chevrolet, Buick, GMC or Cadillac.
- Earn 3% in earnings on purchases at gas stations, restaurants and office supply stores, and 1% on purchases everywhere else.
Pros
- Sign-up bonus
- Introductory 0% APR
- No additional fees
Cons
- Doesn’t allow balance transfers
- Limited rewards redemption option
- No-cost employee cards with unique spending limits
- Strengthens controls and provides simple online tracking at marcus.com
- Employee card purchases increase your earnings
- Combined business expenses simplify tracking
- Earnings don’t expire on active accounts in good standing
- Business-focused benefits with World Elite MasterCard for Business Benefits
Intro APR
0% APR
Regular APR
16.24 to 26.24% variable
Annual Fee
None
Credit Needed
Good/Excellent
- 5% back on purchases on every dollar spent on dealership parts and services at an authorized Chevrolet, Buick, GMC, or Cadillac new vehicle dealer.
- Earn 5% after purchasing a new Chevrolet, Buick, GMC or Cadillac.
- Earn 3% in earnings on purchases at gas stations, restaurants and office supply stores, and 1% on purchases everywhere else.
Pros
- Sign-up bonus
- Introductory 0% APR
- No additional fees
Cons
- Doesn’t allow balance transfers
- Limited rewards redemption option
- No-cost employee cards with unique spending limits
- Strengthens controls and provides simple online tracking at marcus.com
- Employee card purchases increase your earnings
- Combined business expenses simplify tracking
- Earnings don’t expire on active accounts in good standing
- Business-focused benefits with World Elite MasterCard for Business Benefits
How We Evaluate Co-Branded Rewards Business Credit Cards
When evaluating co-branded rewards business credit cards like the GM Business Card™, we first consider the ongoing and introductory rewards. We also take into account the annual fee, introductory and ongoing annual percentage rates (APRs), and additional card benefits.
Grading Criteria | Card Score | Highest Possible Score |
|---|---|---|
Ongoing Rewards | 30 | 30 |
Introductory Rewards | 20 | 20 |
Annual Fee | 15 | 15 |
Features | 5 | 15 |
Introductory APR | 8 | 10 |
Ongoing APR | 8 | 10 |
Total Score | 86 | 100 |
Who the GM Business Card™ Is Best For
- Those doing business with GM regularly: You’ll receive premium rewards on parts and services purchased from General Motors.
- Those who need to buy or lease a vehicle: It lets you earn rewards that can be used towards buying or leasing eligible GM vehicles.
- Those traveling for their businesses frequently: You’ll earn up to 3% on purchases made at gas stations, restaurants, and office supply stores.
- Those planning to make large purchases: It offers an interest-free financing option of 0% on purchases for the first 12 months after account opening.
If you think this card doesn’t fit your business needs, then see our guide to the best small business credit cards. Alternatively, you may want to check our Credit Card Marketplace to read our evaluation of other business credit cards.
GM Business Card™ Fees
APR
- Introductory APR: 0% APR on purchases for the first 12 months after opening an account
- Ongoing APR for purchases and balance transfers: 16.24 to 26.24% variable—adjusts with the prime rate
- Cash advance APR: 29.24% variable—adjusts with the prime rate
- Due date: At least 25 days after the close of each billing cycle
Fees
- Annual fee: None
- Balance transfer fee: None
- Foreign transaction fee: None
- Cash advance fee: None
- Late payment fees: Up to $40
GM Business Card™ Rewards
- $750 sign-up bonus after spending $5,000 on purchases in the first five months after account opening
- 5% back on purchases on every dollar spent on dealership parts and services at an authorized Chevrolet, Buick, GMC, and Cadillac new vehicle dealer.
- 3% back on purchases from gas stations, restaurants, and office supply stores
- 1% back on all other purchases
You can redeem your rewards when buying or leasing an eligible GM vehicle, such as Chevrolet, Buick, GMC, and Cadillac, with no redemption limits. Rewards may not be used with some offers or on the purchase of certain vehicles, including any vehicle sold as a GM Fleet vehicle or those sold or obtained at auction.
How To Make Payments on the GM Business Card™
- Online or through a mobile app: You can pay your GM Business Card™ electronically by logging into your online account at marcus.com or on the Marcus by Goldman Sachs® App, which is available for iOS and Android users. Make a one-time payment or set up automatic payments.
- AutoPay: You can set up automatic payments to occur weekly, semimonthly, or monthly. To do this, log in at marcus.com or on the app, click into the GM account to see your account details, select “Set up AutoPay,” and then follow the prompts.
- Electronic funds transfer (EFT): You can make payments by EFT, which allows the issuer to initiate one or more electronic debits from a deposit account that you specify.
- Electronic check conversion of payments: If you pay by check, you authorize the issuer to use the information on your check to either create a one-time EFT to your account or to process the payment as a check transaction.
- Phone: Call the customer service hotline at (833) 773-0988 and follow the prompts.
- Mail: Mail your checks to the address found below the 16-digit card number on the memo line of your statement credit. Note that payments sent by mail will be processed within seven to 10 business days and will be credited as of the date they’re received:
Goldman Sachs Bank USA
PO Box 70321
Philadelphia, PA 19176-0321
GM Business Card™ Features
Safety & Security
- Global Emergency Services: 24/7 customer service is available for cardholders whose credit cards are lost or stolen or who need an emergency card replacement or cash advance.
- Zero Liability Protection: This applies to purchases made online, at a store, over the telephone, via a mobile device, and with an ATM transaction.
- MasterRental Insurance: MasterRental Insurance/CDW*1 can handle payoffs for physical damage and theft of a rental vehicle that has been rented within 31 days. It should be noted that the cardholder must pay for the entire rental transaction and decline the Collision Damage/Loss Damage Waiver offered by the car rental company.
Card-Specific Features
- Zoho Social Discount: Cardholders can earn 50% off Zoho Social, which is a social media management tool that helps small businesses grow their social media presence. Note that this is only applicable to new Zoho users and is valid for a customer’s first annual subscription.
- Business Assistant Concierge: Comprehensive and personalized assistance is available 24/7 for key business services, such as locating tech support or recruiting services.
- Microsoft Advertising: Get $125 worth of advertising credit after spending $10 with Microsoft Advertising. This is only applicable to new customers.
- TurboTax Discount: Save up to $20 on TurboTax federal products.
Pros & Cons of the GM Business Card™
| PROS | CONS |
|---|---|
| Sign-up bonus: You’ll receive a $750 bonus after meeting the purchase requirements—you can redeem it at General Motors toward the purchase or lease of eligible new GM vehicles. | Doesn’t allow balance transfers: This credit card doesn’t allow for balance transfers, so you won't be able to transfer a balance from another card to take advantage of the 0% introductory APR. |
| Introductory 0% APR: If you plan to make a large purchase, you can take advantage of no-interest financing for 12 billing cycles after opening an account. | Limited rewards redemption option: Rewards can only be redeemed when you buy or lease an eligible GM vehicle. |
| No additional fees: You can earn rewards on your purchases without having to pay any annual, cash advance, and foreign transaction fees. | |
GM Business Card™ Alternatives
U.S. Bank Business Platinum
If you need to make large purchases for your business, consider the U.S. Bank Business Platinum, our top pick for the best 0% APR business credit cards. It offers the longest interest-free financing option on purchases and balance transfers—the first 20 billing cycles after opening an account. While it doesn’t offer any introductory or ongoing rewards, it has a low minimum regular APR of 14.24% and doesn’t charge any annual fees.
U.S. Bank Business Platinum Card
Fit Small Business's ratings are calculated by industry experts of our editorial team. Our grading rubric considers the type of credit card (such as cash back or travel), and the card's rates, fees, rewards, and additional features like insurance.
BEST FOR:
Extended 0% APR period on purchases and balance transfers
Intro APR
0% Intro APR on purchases and balance transfers for 18 billing cycles.
Regular APR
14.99% - 23.99% (Variable)
Annual Fee
$0
Credit Needed
Excellent/Good
- Limited time offer: 0% Intro APR on purchases and balance transfers for 18 billing cycles. After that, a variable APR currently 14.99% - 23.99%.
- U.S. Bank Business Platinum Card
- Pay over time by splitting eligible purchases of $100+ into equal monthly payments with U.S. Bank ExtendPay™ Plan.
- Expense management tool VISA Spend Clarity is free to access and sync expenses, set employee card controls, generate reports, and more.
- Great Offer from U.S. Bank, a 2022 World's Most Ethical Company® - Ethisphere Institute, February 2022
- Terms and conditions apply
Pros
- Offers a long 0% APR introductory period
- 0% APR applies to both purchases and balance transfers
- No annual fee
Cons
- No introductory and ongoing rewards
- Balance transfer fee is charged even during the introductory period
- Excellent/good credit score needed to qualify
- Extended warranty protection: U.S. Bank will double an original manufacturer’s warranty up to an additional one year for warranties of three years or less. Coverage is limited to $10,000 per item.
- Purchase protection: U.S. Bank offers purchase protection for items that are damaged or stolen within 90 days of purchase. The coverage is limited to $500 per claim and up to $50,000 per cardholder, per year.
Intro APR
0% Intro APR on purchases and balance transfers for 18 billing cycles.
Regular APR
14.99% - 23.99% (Variable)
Annual Fee
$0
Credit Needed
Excellent/Good
- Limited time offer: 0% Intro APR on purchases and balance transfers for 18 billing cycles. After that, a variable APR currently 14.99% - 23.99%.
- U.S. Bank Business Platinum Card
- Pay over time by splitting eligible purchases of $100+ into equal monthly payments with U.S. Bank ExtendPay™ Plan.
- Expense management tool VISA Spend Clarity is free to access and sync expenses, set employee card controls, generate reports, and more.
- Great Offer from U.S. Bank, a 2022 World's Most Ethical Company® - Ethisphere Institute, February 2022
- Terms and conditions apply
Pros
- Offers a long 0% APR introductory period
- 0% APR applies to both purchases and balance transfers
- No annual fee
Cons
- No introductory and ongoing rewards
- Balance transfer fee is charged even during the introductory period
- Excellent/good credit score needed to qualify
- Extended warranty protection: U.S. Bank will double an original manufacturer’s warranty up to an additional one year for warranties of three years or less. Coverage is limited to $10,000 per item.
- Purchase protection: U.S. Bank offers purchase protection for items that are damaged or stolen within 90 days of purchase. The coverage is limited to $500 per claim and up to $50,000 per cardholder, per year.
American Express Blue Business Cash™ Card
The American Express Blue Business CashTM Card is a great option if you need to spend beyond your credit limit and want better cash back rates, as this is our top pick for the leading cash back business credit cards. You can enjoy expanded buying power, which adjusts with your usage, payment history, credit record, and financial resources. It also offers an interest-free financing option of 0% APR for the first 12 billing cycles after opening an account and doesn’t have any annual fees.
American Express Blue Business Cash™ Card
Fit Small Business's ratings are calculated by industry experts of our editorial team. Our grading rubric considers the type of credit card (such as cash back or travel), and the card's rates, fees, rewards, and additional features like insurance.
Intro APR
0% on purchases
Regular APR
16.24% - 24.24% Variable
Annual Fee
No annual fee
Credit Needed
Good, Excellent
- Earn a $250 statement credit after you make $3,000 in purchases on your Card in your first 3 months.
- Earn 2% cash back on all eligible purchases on up to $50,000 per calendar year, then 1%. Cash back earned is automatically credited to your statement.
- From workflow to inventory to floor plans, your business is constantly changing. That’s why you’ve got the power to spend beyond your credit limit with Expanded Buying Power.
- Just remember, the amount you can spend above your credit limit is not unlimited. It adjusts with your use of the Card, your payment history, credit record, financial resources known to us and other factors.
- 0.0% intro APR on purchases for 12 months from the date of account opening, then a variable rate, 16.24% - 24.24%, based on your creditworthiness and other factors as determined at the time of account opening.
- No Annual Fee
- Terms Apply
Pros
- 0% intro APR
- Welcome bonus
- Fixed rate rewards
- No annual fee
Cons
- Cash advance isn’t allowed
- Charges foreign transaction fees
- 2% cash back is capped at $50,000 in annual spending
- Expanded buying power: Enjoy flexible buying power, when your business needs it. Expanded buying power gives you the freedom to spend beyond your credit limit and help get business done. While the amount you can spend above your credit limit isn't unlimited, it adjusts with your use of the card, your payment history, credit record, financial resources known to us and other factors.
- Car rental loss and damage insurance: As a Card Member, You can be covered for damage to or theft of a rental vehicle in a covered territory when you use your eligible card to reserve and pay for the entire rental and decline the collision damage waiver at the rental company counter.
Intro APR
0% on purchases
Regular APR
16.24% - 24.24% Variable
Annual Fee
No annual fee
Credit Needed
Good, Excellent
- Earn a $250 statement credit after you make $3,000 in purchases on your Card in your first 3 months.
- Earn 2% cash back on all eligible purchases on up to $50,000 per calendar year, then 1%. Cash back earned is automatically credited to your statement.
- From workflow to inventory to floor plans, your business is constantly changing. That’s why you’ve got the power to spend beyond your credit limit with Expanded Buying Power.
- Just remember, the amount you can spend above your credit limit is not unlimited. It adjusts with your use of the Card, your payment history, credit record, financial resources known to us and other factors.
- 0.0% intro APR on purchases for 12 months from the date of account opening, then a variable rate, 16.24% - 24.24%, based on your creditworthiness and other factors as determined at the time of account opening.
- No Annual Fee
- Terms Apply
Pros
- 0% intro APR
- Welcome bonus
- Fixed rate rewards
- No annual fee
Cons
- Cash advance isn’t allowed
- Charges foreign transaction fees
- 2% cash back is capped at $50,000 in annual spending
- Expanded buying power: Enjoy flexible buying power, when your business needs it. Expanded buying power gives you the freedom to spend beyond your credit limit and help get business done. While the amount you can spend above your credit limit isn't unlimited, it adjusts with your use of the card, your payment history, credit record, financial resources known to us and other factors.
- Car rental loss and damage insurance: As a Card Member, You can be covered for damage to or theft of a rental vehicle in a covered territory when you use your eligible card to reserve and pay for the entire rental and decline the collision damage waiver at the rental company counter.
Chase Ink Business Unlimited®
For business owners who don’t want to keep track of spending categories, Chase Ink Business Unlimited® is a great option. It’s our top-recommended small business credit card and the best credit card for new businesses with no credit history. It offers unlimited 1.5% cash back rewards on all business-related purchases, has an interest-free financing option of 0% on purchases for the first 12 months after account opening, and charges a low minimum regular APR of 14.74% on purchases and balance transfers.
Ink Business Unlimited® Credit Card
Fit Small Business's ratings are calculated by industry experts of our editorial team. Our grading rubric considers the type of credit card (such as cash back or travel), and the card's rates, fees, rewards, and additional features like insurance.
BEST FOR:
Pocketing 1.5% cash back on every single purchase
Intro APR
0% Intro APR on Purchases
Regular APR
15.49% - 21.49% Variable
Annual Fee
$0
Credit Needed
- Earn $750 bonus cash back after you spend $7,500 on purchases in the first 3 months from account opening
- Earn unlimited 1.5% cash back on every purchase made for your business
- No Annual Fee
- Redeem rewards for cash back, gift cards, travel and more through Chase Ultimate Rewards®.
- Earn rewards faster with employee cards at no additional cost. Set individual spending limits for greater control.
- With Fraud Protection your card transactions will be monitored for possible signs of fraudulent activity using real-time fraud monitoring.
- With Zero Liability you won't be held responsible for unauthorized charges made with your card or account information.
- 0% introductory APR for 12 months on purchases
Pros
- 0% introductory APR on purchases
- Unlimited cash back rewards on all purchases
Cons
- Introductory APR period doesn’t apply to balance transfers
- 5% balance transfer fee
- Charges foreign transaction fees
- Requires excellent credit to qualify
- Auto rental collision damage waiver: Coverage is primary—meaning it replaces any coverage your personal insurance might offer—when renting for business purposes; it provides reimbursement up to the actual cash value of the vehicle for theft and collision damage for most cars in the US and abroad
- Purchase protection: Covers your new purchases for 120 days against damage or theft up to $10,000 per claim and $50,000 per account per year
- Extended warranty protection: Extends the time period of the US manufacturer’s warranty by an additional year on eligible warranties of three years or less
Intro APR
0% Intro APR on Purchases
Regular APR
15.49% - 21.49% Variable
Annual Fee
$0
Credit Needed
Good, Excellent
- Earn $750 bonus cash back after you spend $7,500 on purchases in the first 3 months from account opening
- Earn unlimited 1.5% cash back on every purchase made for your business
- No Annual Fee
- Redeem rewards for cash back, gift cards, travel and more through Chase Ultimate Rewards®.
- Earn rewards faster with employee cards at no additional cost. Set individual spending limits for greater control.
- With Fraud Protection your card transactions will be monitored for possible signs of fraudulent activity using real-time fraud monitoring.
- With Zero Liability you won't be held responsible for unauthorized charges made with your card or account information.
- 0% introductory APR for 12 months on purchases
Pros
- 0% introductory APR on purchases
- Unlimited cash back rewards on all purchases
Cons
- Introductory APR period doesn’t apply to balance transfers
- 5% balance transfer fee
- Charges foreign transaction fees
- Requires excellent credit to qualify
- Auto rental collision damage waiver: Coverage is primary—meaning it replaces any coverage your personal insurance might offer—when renting for business purposes; it provides reimbursement up to the actual cash value of the vehicle for theft and collision damage for most cars in the US and abroad
- Purchase protection: Covers your new purchases for 120 days against damage or theft up to $10,000 per claim and $50,000 per account per year
- Extended warranty protection: Extends the time period of the US manufacturer’s warranty by an additional year on eligible warranties of three years or less
Bottom Line
The GM Business Card™ is best for companies doing business with General Motors frequently, planning to buy or lease a car, traveling frequently, or planning to make large purchases. Its interest-free financing option of 0% APR for the first 12 months after opening an account, various cash back rewards on purchasing accessories from authorized GM dealers, and cash back on purchases made at gas stations and restaurants make it a good card to consider.
If it isn’t right for you, visit our Credit Card Marketplace to see other options.
