Softisland   Softisland
Softisland
 
 
Softisland   Softisland
Softisland
Softisland
Softisland
Softisland

You are here:HomeCredit Card ReviewsAuto Credit Card Reviews→Review of the Audi Credit Card


Review of the Audi Credit Card

  
Written by renxue   
January 21, 2008 14:25

The Audi Credit Card was last reviewed on 21st September 2006

audi credit card
Reward Formula - The Audi Visa Signature credit card from Chase has a standard reward point formula. It lets you earn 2 points for every dollar spent on purchases at Audi dealers and 1 point for every dollar spent on other purchases. There are no caps on the points you can earn, but they expire in 5 years. Points can be redeemed for Audi products.

Fees - There is no annual fees. The apr is prime rate plus 6.99%. New cardholders get a 0% apr on both purchase and balance transfer for 12 billing cycles from the date of account opening. The 2-cycle average daily balance method (including new purchases) is used to calculate monthly balance.

Conclusion - If you are an Audi car enthusiast and would like to earn and redeem points with Audi purchases, then the Audi Visa Signature credit card would suit you. If you want to earn reward points to save on your next vehicle purchase, but am not sure what brand you are getting, then the Citi® Driver's Edge® Platinum Select® Card would be another alternative to consider as it allows you to use "rebates" for the purchase or lease or a new or used vehicle of any brand.

Positives
  • No annual fee
  • 0% apr offer for 12 billing cycles

    Negatives
  • Rewards can only be used for Audi products
  • Uses a 2-cycle average daily balance method for computing balances and finance charges.


    Audi Visa Signature Card
    Reward Benefits
    Point Accumulation2 points for every $1 on Audi purhases
    1 point for every $1 spent on other purchases
    Points Expiration5 Years
    Caps on PointsNo Caps
    Credit Limitsdepends on individual
    Travel and Insurance Benefits
    Up to $1,000,000 Travel Insurance
    Up to $3,000 lost luggage insurance
    Auto rental insurance
    Airport parking guarantee
    Roadside dispatch
    Other Benefits
    Warranty Manager
    Zero liability on unauthorized purchases
    Dining privileges>
    Year-end account summary
    no-preset spending limit
    Cost/Fees/Interest rates
    Introductory rate0% APR for first 12 billing cycles for both purchase and balance transfer
    Annual Feesnone
    Purchase APRPrime Rate plus 6.99%
    Balance Transfer APRPrime Rate plus 6.99%
    Cash Advance APRPrime Rate plus 15.99%
    Penalty/Default RatePrime Rate plus 23.99%
    Min Finance Charge$1.00
    Grace Period20 days
    Balance Calculation Method2-cycle Average Daily Balance
    Balance Transfer Fee3% min $5.00 max $75.00
    Cash Advance fee3% min $10.00
    Other Cash Advance fee3% min $15.00
    Foreign Currency Conversion fee3%
    Over-the-credit-limit feenone for Signature cardholders
    $35.00 for Platinum cardholders
    Late Payment fee$15.00 - less than $250
    $39.00 - more than $250.00

     

  •  
     
    Softisland