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The Dodge Rewards Visa Credit Card was last reviewed on 27th September 2006
Summary - The Dodge Rewards Visa credit card allows you to earn reward points that can be used to purchase a Dodge vehicle. This will appeal to current or future Dodge vehicle owners. Find out more about this card.
Reward Formula - The Dodge Rewards Visa Card allows you earn 5 points for every dollar you spend onpurchases at Chrysler, Jeep or Dodge purchases at dealerships and 1 point for every dollar you spend on other purchases. You can earn unlimited points. Points are valid for 5 years. You also get a singing bonus of 2,500 points after your first purchase with the card.
What is most interesting about the Dodge Rewards Visa Card is the fact that you can use them to purchase or leased, a new or 5-star preowned certified vehicle from Crysler, Jeep or Dodge dealers. You can also use points for parts and service at Crysler, Jeep or Dodge dealerships, extended warranties, Mopar parts and Dodge accessories and other branded merchandise by these companies.
Fees and Rates - The Dodge Rewards Visa Card has no annual fees. The APR is either Prime Rate plus 5.99%, 7.99% or 9.99%. You get an introductory APR of 1.90% for 6 billing cycles for both purchases and balance transfers. The average daily balance method (including new purchase) is used to calculate monthly balances.
Verdict - This is a very good auto credit card because you can earn 5 points for expenditure on your Dodge vehicle and also because you can use points to buy or lease even a used certified pre-owned vehicle. Furthermore, there is no annual fee and you can potentially get a low APR. The Dodge Rewards Visa is highly recommended by those who want to accumulate points for their next Dodge purchase.
PositivesNo annual fee Flexible - can buy or lease, new or used vehicle Earn 5 points for auto or auto related purchases. Earn unlimited points.
Negatives
Points expire in 5 years
| Dodge Rewards Visa Card | | Reward Benefits | | Bonus Points | 2,500 points upon first purchase | | Reward Formula | Earn 5 points for every dollar you spend at Chrysler, Jeep or Dodge Dealerships
Earn 1 point for every dollar you spend on other purchases | | Caps on Points | Earn unlimited Points | | Points Expiry | 5yr | | Travel and Insurance Benefits | Up to $1,000,000 Automatic Travel Accident Insurance
Auto rental insurance
Lost ticket and luggage replacements | | Other Benefits | Zero Liability from unauthorized use of your card
Purchase Replacement1, which provides for repair or replacement for covered purchases that are stolen, damaged or lost at a known location, within 90 days of the date of purchase
Purchase Guard1, which will double the manufacturer's original United States (U.S.) warranty period for covered purchases with a warranty duration of 1 year or less | | Cost/Fees/Interest rates | | Introductory rate | 1.90% introductory APR for 6 months (purchase and balance transfers) | | Annual Fees | No annual fee | | Purchase APR | Prime Rate plus 5.99%, 7.99% or 9.99% | | Balance Transfer APR | Prime Rate plus 5.99%, 7.99% or 9.99% | | Cash Advance APR | Prime Rate plus 15.99% | | Penalty/Default Rate APR | Prime Rate plus 23.99% | | Min Finance Charge | $1.50 | | Grace Period | 20 days | | Balance Calculation Method | Average Daily Balance (including new purchases) | | Cash Advance fee | 3% min $10.00 | | Foreign Currency Conversion fee | 3% | | Over-the-credit-limit fee | $15 for balances less than or equal to $500
$29 for balances $500.01 to $1000
$39 for balances greater than $1000 | | Late Payment fee | $15 for balances less than or equal to $100
$29 for balances $100.01 to $250
$39 for balances greater than $250 |
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