Once you know what type of car you want to buy, you can check your options through the Amex Auto Purchasing Program by visiting amexnetwork.truecar.com. Enter the make of the car you want to purchase, as well as the ZIP code for the area in which you want to make the purchase. Then, select the desired model type and continue to the next page to select the style, color and options.
While buying a car through American Express has plenty of potential benefits, it might not be the best choice for everyone. If you are a pro negotiator focused on getting the best deal when you buy a new car, you might be able to find a better price on your own.
The Platinum Card from American Express5X points on flights booked directly with airlines or American Express Travel (on up to $500,000 per calendar year)5X points on prepaid hotels booked with American Express Travelamextravel.com2X points on prepaid car rentals made through American Express Travel1X points on other purchasesTerms applyEarn 80,000 Membership Rewards points after you spend $6,000 on purchases in the first 6 months
The Platinum Card from American Express is designed for large purchases, making it an ideal card for buying a car. There is no predefined spending capacity because, except for certain charges, most balances must be paid in full at the end of every month.
In addition to the Amex car-buying program, cardmembers can earn 5X points on flights and prepaid hotels on Amextravel.com; 1.5X points on eligible purchases at U.S. suppliers of construction materials and hardware, U.S. retailers of electronic goods, U.S. providers of shipping, software and cloud systems, and eligible purchases of $5,000 or more (up to $2 million per year, then 1X); and 1X points per $1 spent on all other eligible purchases.
To select the best credit cards for buying a car, we looked for rewards cards that can generally accommodate large purchases or that have vehicle-buying programs. This list is not exhaustive and does not cover all possible cards.
After taking them for a test drive, we settled on the following three credit cards as the best credit cards for buying a car, based on high or no spending limits, generous points programs, and other rewards meant to maximize the car-buying investment:
The best cards for buying an automobile while also maximizing your cash back points is the Chase Freedom Unlimited. In addition to no annual fee, the Chase Freedom Card also offers Chase Points, which can amount to about 1.5% back on your purchase. This adds up to a lot on a purchase as expensive as a car, or about $600 bucks back on a purchase of about $20K.
The news that American Express has announced an upgraded credit card designed to humble its reigning platinum status got me all atwitter. For months I'd been tantalized with the idea of taking the platinum plunge. Among the proffered temptations: an upgrade in shipboard credit, a private tour of the bridge with the ship's captain, a safe refuge from pesky airport crowds, and, most alluring, your very own 24-hour-a-day concierge, who the platinum brochure promises can \"help you find the rare vase you meant to buy in that shop in Paris.\"
And just as I was finally convinced to make my move - poof! The platinum card is now supplanted by a somber card in black. A thousand dollars a year can get you the black Centurion card - if you are invited to a spending party. You see, in order to keep this plastic privilege from guys like me, Amex is not advertising this card for despicable consumption: The big spenders are called in only by invitation.
Silver, gold, platinum - just dross. What really turns on today's aspiring conspicuous consumer, Amex marketers believe, must be the image of being a centurion in black - this a salute to the ancient Roman officer with his hundred foot soldiers in tow. In play here is military rank - with every black cardholder having his own Batman at the ready. The tie-in possibilities are challenging: You could look forward to using your black card at the Mars Holiday Inn. 781b155fdc