[*] BMW Card: The 0% introductory APR applies to purchases and is valid for the first 12 billing cycles. The 0% introductory APR applies to balance transfers made within the first 30 days of account opening and is valid for the first 12 billing cycles. The introductory rate does not apply to Cash Advances. Thereafter, the APR may vary and as of 5/6/22, the undiscounted variable APR for Purchases and Balance Transfers is 15.99% – 24.99% (based on your creditworthiness). We apply your minimum payment to balances with lower APRs first, including promotional APRs. Amounts paid over the minimum payment will be applied in the order of highest to lowest APR balances. Annual Fee: $0. Foreign Transaction Fee: 2% of each foreign purchase transaction or foreign ATM advance transaction in U.S. Dollars, 3% of each foreign purchase transaction or foreign ATM advance transaction in a Foreign Currency. BMW Precision Card: The APR may vary and as of 5/6/22, the variable APR for Purchases and Balance Transfers is 15.99% – 24.99% (based on your creditworthiness). Annual Fee: $99. Foreign Transaction Fees: None. BMW Card and BMW Precision Card: The variable APR for Cash Advances is 26.74%. Cash Advance fee: 5% of each advance amount, $10 minimum. Convenience Check fee: 3% of each check amount, $5 minimum. Cash Equivalent fee: 5% of each cash amount, $10 minimum. Balance Transfer fee: 3% of each transfer amount, $5 minimum. There is a $2 minimum interest charge where interest is due. We may change APRs, fees, and other account terms in the future based on your experience with Elan Financial Services and its affiliates as provided under the Cardmember Agreement and applicable law.
[1] BMW Card: You will earn 4 points for every $1 in eligible net purchases at merchants classified as BMW, 3 points for every $1 in eligible net purchases at merchants classified as gas station and electric vehicle charging stations, 2 points for every $1 in eligible net purchases at merchants classified as restaurants, 1 point for every $1 on all other eligible net purchases. “Restaurants” is defined as Eating Places and Restaurants or Fast Food Restaurants. BMW Precision Card: You will earn 5 points for every $1 in eligible net purchases at merchants classified as BMW, 3 points for every $1 in eligible net purchases at merchants classified as gas stations and electric vehicle charging stations, 2 points for every $1 in eligible net purchases at merchants classified as restaurants, 1.5 points for every $1 on all other eligible net purchases. “Restaurants” is defined as Eating Places and Restaurants or Fast Food Restaurants.
[2] BMW Card: To receive this one-time $100 automatic statement credit, you must spend at least $500 in eligible net purchases within the first 90 days of account opening. Please allow 6-8 weeks for the statement credit to be applied to your Account after the 90-day period. BMW Precision Card: To receive this one-time $150 automatic statement credit, you must spend at least $1,000 in eligible net purchases within the first 90 days of account opening. Please allow 6-8 weeks for the statement credit to be applied to your Account after the 90-day period.
[3] Automatic statement credit(s) totaling up to $70 will be applied to your account when your Card is used for purchases made at BMW, including BMW Centers and BMW Financial Services. Credit(s) apply to eligible net purchases that post to your account on a Cardmember-year basis (based on account opening date). Only one total credit amount of up to $70 per Cardmember year per account, regardless of which Card(s) was/were used for the transaction(s). If eligible purchase is greater than $70, credit will be limited to $70.
The creditor and issuer of the BMW Precision World Elite Mastercard® and BMW World Mastercard® is Elan Financial Services, pursuant to a license from Mastercard International Incorporated. Mastercard is a registered trademark, and the circles design is a trademark of Mastercard International Incorporated.
©2022 Elan Financial Services. The BMW logo, and the BMW and BMW Financial Services wordmarks are registered trademarks of BMW AG. The BMW photographs and BMW fonts are the copyright of BMW Financial Services NA, LLC; all BMW trademarks and copyrights are used under license.