Financing Advice

Lexus Pursuits Visa Card

Annual Fee:
None
How Points are Earned:
Five points for every dollar spent on dealership purchases; 1.5 points for every dollar spent elsewhere.
Awards:
Cardholders can apply their points to cover up to 10 percent of the cost of a new Lexus. Rewards can also be used to pay for dealer service, parts, maintenance and merchandise. Lexus also offers a travel program where points can be used for airline travel and hotel stays.
Expiration:
Points expire after six years.
Earning Limits:
None
Eligibility; Contact Info:
Anyone can apply;
Phone: 888/777-5555
www.lexuspursuits.com
Interest Rate:
Variable APR of prime plus 6.75%
Should You Apply for One?
Although the Lexus rewards card offers travel and hotel benefits, the main thrust of the program is geared toward getting drivers into the dealership. So having this card really makes sense for people who are comfortable getting service and maintenance at their local dealer.

Published on 7/26/06

 
 

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