Financing Advice

Mercedes-Benz Visa Signature Card

Annual Fee:
$90
How Points are Earned:
Ten points for every dollar spent over $500 on parts and service at dealerships; five points for every dollar spent on Mercedes merchandise or for parts and service under $500; 1.5 points for each dollar on all other purchases.
Awards:
Points can be used toward monthly payments on a new vehicle, maintenance and service as well as vacation packages, jewelry, electronics and charitable contributions.
Expiration:
Points expire after five years.
Earning Limits:
No limit on points earned
Eligibility; Contact Info:
Mercedes-Benz owners only;
Phone: 800/222-7471
www.mbvisasignature.com
Interest Rate:
Variable APR of prime plus 5.99%, 7.99% or 9.99%
Should You Apply for One?
If you spend a lot at the Mercedes dealership, points can really add up quickly with this Visa Signature card — 10 points for every dollar spent over $500. If you charge an extraordinary amount on the card, you can even roll up enough rewards to get a free Mercedes. Then again, you have to own a Mercedes before you can even think about applying.

Published on 7/26/06

 
 

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