Chase Subaru Credit Card Review
Reward Formula - The Chase Subaru Platinum MasterCard® pays three Subaru Bucks for every dollar you spend on your card for ANY purchase. (ie 3% rebate payout). You will get $100 worth of reward coupon once you have accumulated 100 SubaruBucks. You can earn up to 500 SubaruBucks in one calendar year. That means you will earn rebates for spending up to $16,667. The reward coupons are redeemable for parts, service, or the purchase or lease of a brand new Subaru vehicle at any authorized Subaru dealership located in the continental United States, including Alaska.
Annual Fee and APR - The Chase Subaru Platinum MasterCard® has no annual fee. The apr prime rate plus 5.99%, 9.99% or 14.99%. You get an introductory 0% apr on purchases, balance transfer and balance transfer checks for six months from the date of account opening. You have to pay a balance transfer fee during the introductory period. This card uses the average daily balance method (including new purchases) to calculate your monthly balance.
Summary - We recommend the Subaru Platinum MasterCard to the Subaru or potential Subaru owner as he or she will be able to use rebate coupons for Subaru parts and services and also buy or lease a new Subaru vehicle.
Positives
- Earn 3% rebate on ALL purchases
- No annual fee
| Chase Subaru Platinum MasterCard® | |
| Reward Benefits | |
| Rebate Percentages | Earn 3% Subarubucks rewards on all Subaru purchases |
| Caps on Points | Up to 500 Subarubucks a year |
| Travel and Insurance Benefits | |
| Auto Rental Insurance | |
| Other Benefits | |
|
Purchase protection plan 24 hour customer service Online account access Chase Bill Management Center Credit Line increases |
|
| Cost/Fees/Interest rates | |
| Introductory rate | 0% introductory APR on balance transfers for first 6 months |
| Annual Fee | No annual fee |
| Purchase APR |
Prime Rate plus 5.99% for Elite Pricing Prime Rate plus 9.99% for Premium Pricing Prime Rate plus 14.99% for Standard Pricing |
| Balance Transfer APR |
Prime Rate plus 5.99% for Elite Pricing Prime Rate plus 9.99% for Premium Pricing Prime Rate plus 14.99% for Standard Pricing |
| Cash Advance APR |
Prime Rate plus 15.99% min is 19.99% for Elite and Premium Pricing min is 23.99% for Standard Pricing |
| Penalty/Default Rate APR | Prime Rate plus 23.99% |
| Min Finance Charge | $1.00 |
| Grace Period | 20 days |
| Balance Calculation Method | Average daily balance (including new purchases) |
| Balance Transfer Fee | 3%, max $75.00 |
| Cash Advance fee | 3% min $10.00 |
| Foreign Currency Conversion fee | 3% |
| Over-the-credit-limit fee | $35.00 |
| Late Payment fee |
$15.00 - up to $250 $39.00 - greater than $250 |