FAQ
The GM Card is a no annual fee
Visa
credit card with all the features and benefits
††
of a
Visa
card including:
• Acceptance in over 160 countries worldwide and at more than 688,000 Canadian locations.
• Access to instant Cash Advances
1,
subject to your available credit, at over 1 million automated banking machines (ABMs) worldwide.
• Up to $150,000 in Common Carrier Travel Accident Insurance
2
The Cardholder earns 3% in GM Card Earnings † on eligible purchases made with The GM Card. Earnings can be accumulated and applied †1 to the Total Purchase Price or lease down payment of any eligible new car, crossover, truck or SUV from Chevrolet, Pontiac, Buick, GMC, HUMMER and Cadillac.
One of the great things about The GM Card ® is that there is absolutely no limit to the amount of GM Card Earnings a Cardholder can earn over the course of a year. And that means you can accumulate GM Card Earnings † as quickly as you want.
Monthly GM Card billing statements provide all the information the Cardholder needs to track Earnings. The GM Earnings Summary shows the previous balance, the GM Card Earnings for the current period and the new, up-to-date total GM Earnings balance for your convenience.
Vehicle Redemption Allowances determine the maximum number of GM Card Earnings a Cardholder may redeem †1 on a particular make or model of a new eligible General Motors vehicle. For more information, take a look at take a look at Vehicles & Allowances.
No. No matter how little a Cardholder has accumulated, Cardholders can redeem their GM Card Earnings (subject to Vehicle Redemption Allowances) towards an eligible new General Motors vehicle any time, once the Earnings have appeared on their billing statement.
No, Earnings can only be redeemed †1 towards the Total Purchase Price of an eligible new General Motors vehicle.
Yes. Purchases are converted to Canadian dollars, and Earnings are accumulated based on the Canadian dollar amount.
Primary Cardholders of the GM Card may transfer all or a portion of their GM Card Earnings to the following eligible immediate family members, who reside at the Primary Cardholder's residence: parents, partner, spouse, brother, sister, child, grandchild and grandparents. Also included are parents of spouse or partner. Primary GM Cardholders are also entitled to transfer a portion of their Earnings to eligible immediate family members: parents, grandparents, partner, spouse, siblings and children who do not reside at the Primary Cardholder's residence, provided that a minimum of $500 in Earnings is retained on the account after the transfer. Family members may already be a GM® Cardholder themselves; however transferred Earnings cannot be combined with the recipient's existing Earnings. All transfer of Earnings redemptions are subject to Vehicle Redemption Allowances.
Earnings cannot be pooled with any other GM Card account. Only earnings associated with one GM Card account may be redeemed on each eligible GM vehicle. ††
Earnings can be used in conjunction with other programs †1 (subject to Vehicle Redemption Allowances) such as the GM Mobility Program and the GM Student Bonus Program.
For more information, click on The GM Card Legal tab below
The GM Card is issued by The Toronto-Dominion Bank. The Toronto-Dominion Bank and its affiliates are not responsible for the GM Card Earnings and Redemption Allowance Program. TD Logo is a trade-mark of The Toronto-Dominion Bank.
® Registered Trademark of General Motors Company/Used under license.
† You accumulate 3% in GM Card Earnings on eligible GM Card purchases, with no annual limit on the amount of Earnings that can be accumulated. GM Card Earnings are not accumulated on fees, interest charges, optional services, cash advances (including Balance Transfers or TD Visa Cheques) rebates, refunds or other similar credits. Earnings may be used in addition to other offers General Motors of Canada Limited ("GMCL") may provide at the time of purchase. Earnings on your GM Card are subject to the Program Rules which are supplied to all new Cardholders with their GM Card. General Motors of Canada Limited reserves the right to change The GM Card Program Rules, restrictions or benefits with or without notice. Earnings may only be used towards the lease or purchase of an eligible new GM vehicle. Earnings may not be redeemed for cash.
†1 Subject to Vehicle Redemption Allowances. There is a limit ("Redemption Allowance") on the amount of GM Card Earnings that may be applied at time of redemption. The Redemption Allowance is the maximum amount of GM Card Earnings that can be applied toward the Total Purchase Price or lease down payment of any new eligible General Motors vehicle. Fleet sales and commercial leases are excluded. Redemption Allowances vary up to $3,500 depending upon the model year and brand of car or truck being purchased or leased. Unused GM Card Earnings expire after seven years from the date they were earned. For complete program details, including current Redemption Allowances and other applicable restrictions for all eligible GM vehicles, see your General Motors Dealer or call The GM Card Customer Centre at 1-800-461-3279 (416-982-3279 in Toronto) (option 5) or download The GM Card Earnings and Redemption Allowance Program Rules (the "Rules") for details.
†† All benefits, features and coverages are described as of April 1, 2009, and are subject to conditions, exclusions, limitations, changes and cancellation. Some benefits and coverages are only offered to the Primary Cardholder. The Toronto-Dominion Bank and its affiliates accept no responsibility or liability in respect of benefits, features and coverages provided by third party service providers. Any disputes must be settled directly with the service provider.
1 Interest is always charged on Cash Advances (including Balance Transfers, cash-like Transactions and TD Visa Cheques) from and including the transaction date until the amount of the Cash Advance is paid in full. The transaction date appears on your monthly GM Card Visa statement. Fees apply to each Cash Advance transaction. For details, see the Disclosure Statement on the form your new Card was attached to and see your GM Card Cardholder Agreement for more details about Cash Advances. GM Card Earnings are not accumulated on Cash Advances (including Balance Transfers, cash-like Transactions or TD Visa Cheques.
2 Underwritten by Chubb Insurance Company of Canada. Details of this benefit, including terms, conditions, limitations and exclusions are outlined in the Coverage Certificate provided with your Visa Card.
