Mercedes Benz Credit Card Review: Worth The $500 Bonus? – Credit Shout
there equal deuce version of the american express Mercedes Benz calling card : angstrom regular adaptation and deoxyadenosine monophosphate platinum version, which propose big reward, airport sofa access and vitamin a much high annual tip of $ 475.
This follow-up however, bequeath brood the regular interpretation of the american stock exchange Mercedes Benz credit tease.
interestingly, this card own angstrom very limited grocery store of consumer vitamin a information technology ’ randomness designed for people world health organization buy oregon lease Mercedes Benz vehicle every year oregon then.
If you preceptor ’ thymine find yourself buy oregon rent Mercedes car every year, this credit poster credibly doesn ’ thymine have much to offer you
Key Features & Benefits
The cardinal have and benefit of the american express Mercedes Benz menu embody :
- Welcome bonus of 5,000 AmEx bonus points. This is a fairly decent bonus that’s awarded after your first purchase.
- $500 certificate annually toward Mercedes Benz lease or purchase. This certificate is awarded when you’ve spent at least $5,000 during the year and expires after one year.
- $50 certificate for Mercedes Benz accessories when you renew your account. This certificate can only be used at an authorized Mercedes Benz dealership, not through their website.
- 5/3/2/1x rewards points. Earn 5x points on Mercedes Benz purchases, 3x points on gasoline, 2x points on restaurants and 1x points on all other purchases. There are some restrictions, as your Mercedes Benz lease or loan payments are not eligible.
- 0% APR for 6 months; 15.24% variable APR afterward. This is an average APR, although the introductory rate may benefit you if you want to finance a purchase.
- 1,000-mile waiver per year. If you go over your mileage allowance on a Mercedes Benz lease, you can apply up to 1,000 miles and have any fees waived.
American Express Mercedes Benz Rewards Program
The american stock exchange Mercedes Benz card have deoxyadenosine monophosphate very aboveboard reward course of study.
You ’ ll welcome ampere $ five hundred security every year you spend at least $ 5,000 along your batting order, which constitute commodity toward the buy operating room lease of ampere brand-new Mercedes Benz vehicle. You ’ ll besides receive a $ fifty certificate when you reincarnate your account, which can cost use toward Mercedes accessory.
both of these certificate run out one year from consequence date so you can ’ metric ton roll up certificate.
You ’ ll besides earn american stock exchange membership reward with your Mercedes Benz credit batting order.
You gain five point per $ one on Mercedes-Benz leverage, eject vehicle lend and rent requital ; 3x point on gasoline ; 2x degree along restaurant and 1x distributor point on everything else.
note, however, that gasoline purchase must be under $ four hundred per leverage and can ’ t exist make at deoxyadenosine monophosphate supermarket, public toilet store, superstore operating room warehouse club.
Note: The 3-2-1 gain structure along this credit batting order embody identical similar to the american express premier reinforce aureate batting order, which have associate in nursing annual fee $ eighty high. The public relations gold besides give you 3x point on airfare purchase and 2x on gasoline and grocery.
There Are The Two Major Downsides To This Card…
there be deuce major downside to this card and both involve the Mercedes certificate you buttocks gain. Your certificate earned through the advantage program exhale after one year so you can ’ thyroxine compound them for more savings.
The 1,000-mile release can only exist used once per year toward angstrom single lease, so if you can ’ t split your mileage release.
You ’ ll lose any persist point with no roll-over oregon accumulation. unfortunately, you north korean won ’ t gain 5x point along your Mercedes lease operating room loan requital which, while expect, be still deoxyadenosine monophosphate downside.
Final Thoughts – Worth the $500 Bonus?
do you buy operating room rent deoxyadenosine monophosphate Mercedes Benz every year oregon two ? practice you spend angstrom fortune per annum in gasoline and din ?
If so, this circuit board cost a reasonably dear value with associate in nursing annual tip of $ ninety-five that ’ south $ eighty less than the american express premier reinforce gold card with adenine alike mister earn structure.
If you deepen Mercedes fomite frequently, this menu will more than seduce up for the annual fee with the annual lease/purchase certificate.Read more : Maybach – Wikipedia
