Rewards Credit Cards

• Do you want free Subaru service and free Subaru parts?

• Do you spend at least $3,333.00 per year on a credit card?
  

If you answered yes to both of these questions then you are in luck! When you get the Subaru MasterCard from Chase Bank, you get 3% of your purchases back in the form of “Subaru Bucks” which can be used for Subaru parts, accessories and service at a Subaru dealer.

Every time your rewards balance reaches $100, you get a Subaru Buck good for $100 towards almost anything Subaru from Subaru. The card has a limit of $500.00 in rewards per year so if you are a big spender and spend more than $16,666.67 per year on your credit card you will want to have a second rewards card that you can continue to accumulate rewards on.

One way to get around the annual limit on the Subaru rewards card is to simply get more than one Subaru Rewards card. Each of the $100 Subaru Bucks coupons is good for 5 years so between a trade in and as much as $2,500 in coupons per card over the course of 5 years, you could fairly easily get a free Subaru when you go to trade yours in for a new one if you get multiple cards. The dealer may or may not go for something like this but in any case you can get up to $2,500 off your new Subaru “playing by the rules” with just one card.

As with any credit card, make sure you pay off the balance in full each and every month. If you don’t you’ll pay the typical credit card interest charges which add up to a ton of cash and will be far in excess of any rewards you will get for using the credit card.

If you don’t have a Subaru, there are other great rewards credit cards including the MBNA (now Bank of America) World Points credit card and the Fidelity World Points card which is an even better deal if you have a Fidelity investment account.