Still Alive as of Jan 26th - Free Blockbuster $30 CG for Applying for a GM Credit Card

[djlevyii]

Took about 2 minutes to apply and 30 seconds for approval.

No hidden charges.

Get the gift card and cancel the credit card, or keep it..whatever



Money for Nothing...

 

[spankyj]

Good deal for those who already don't have the card.

Unfortunately in this case, I do.

 

[phhnyc]

as much as i hate blockbuster, this is a sweet deal! thanks!

 

[robdls]

Does gift card come instantly or after first purchase?

 

[KAMAZON]

Also 0% 6 month intro and no enrollment fee. Pretty sweet!

 

[Knocks]

Awesome. let's do one for me and one for Mom. Free GameCube game!!!

 

[QTPie]

more on the deal:
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Apply for The GM Card now, and once you're approved you'll receive a $30 BLOCKBUSTER GiftCard in the mail to use at a participating BLOCKBUSTER® store
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[spanky]

do u still get the cg if u get rejected?

 

[ams30gts]

Originally posted by: spankyOO7
do u still get the cg if u get rejected?

thats a good point. lol

 

[udonoogen]

how does this affect your credit? i woudln't want to keep the card

 

[isekii]

Originally posted by: udonoogen
how does this affect your credit? i woudln't want to keep the card

lol i got approved for 1000

im gonna cancel after I receive the GC..

 

[daye]

Which bank is this card issued by?

 

[Searchname]

Originally posted by: udonoogen
how does this affect your credit? i woudln't want to keep the card

It depends on your current credit predicament. If you have none and manage to miraculously get approved, it will help. If you have "bad" or troubled credit and are miraculously approved, you have a chance to improve your standing. If you have "Good" credit and are approved, it can help or hurt (usually hurt you slightly, the system is designed this way). It adds an inquiry on your report, which isn't a bad thing ... unless you have had several inquiries in the past 6 months. Also, it raises the total amount of credit on your report, which can indirectly affect your score. Now, if you max out the card, it will raise your debt service coverage (amount borrowed against total amount available), which is definitely not a good thing. All in all, it really depends on your current situation and the choices you make if approved.

BTW, I can tell you that your need to have credit runs hand in hand with your score. Basically, if you don't need loans and have everything paid off, you'll have a very high score.

 

[udonoogen]

Originally posted by: Searchname

Originally posted by: udonoogen
how does this affect your credit? i woudln't want to keep the card

It depends on your current credit predicament. If you have none and manage to miraculously get approved, it will help. If you have "bad" or troubled credit and are miraculously approved, you have a chance to improve your standing. If you have "Good" credit and are approved, it can help or hurt (usually hurt you slightly, the system is designed this way). It adds an inquiry on your report, which isn't a bad thing ... unless you have had several inquiries in the past 6 months. Also, it raises the total amount of credit on your report, which can indirectly affect your score. Now, if you max out the card, it will raise your debt service coverage (amount borrowed against total amount available), which is definitely not a good thing. All in all, it really depends on your current situation and the choices you make if approved.

BTW, I can tell you that your need to have credit runs hand in hand with your score. Basically, if you don't need loans and have everything paid off, you'll have a very high score.

and if you don't get approved does it bring down your credit? i'm a college student and have always paid off my bills in full. im thinking about this but i dont know if its worth it if it affects my credit in a bad way.

 

[winryan]

will approve me in 10-14 days, thanks very much!

 

[JubJub4]

i am just entering the real world. could anyone tell me if this is a good credit card to get?

 

[spankyj]

Depends on what you want it for.

I got it because I'm a fan of American made vehicles. You get 5% back from your purchases towards the purchase of a new GM vehicle. This helped take over $600 off my last vehicle purchase. If you believe that buying a GM vehicle in the next 7 years (that is how long your money is good for. It then continues to cycle. For example you get it now, in year 8 you lose year 1's earnings, but keep 2-7 and get 8's. Then 3-8 plus nine, losing 2's.) is a possibility then it will be worth it. Most importantly though, do not get the card if you plan on keeping a balance. This should NEVER be done, but if you are really strapped for cash, there are much better rates available for you to maintain a balance. These rates aren't great, nor recommended to use, but a lesser of 2 evils compared to the GM card. I pay my card off at the end of every month, so this isn't a factor to me. It really shouldn't be for any of you either, but things come up. If you're able to avoid keeping balances and can benefit from the future vehicle savings, I would highly recommend the card.

If you haven't got a credit card yet - I'd recommended checking into one. It's never too early to begin building credit, even if you only charge every couple of months. Without credit, you'll be strapped later on in life when you need it.

 

[FOBioPatel]

so i got approved, how do i collect the gift certificate - do i get it in the snail mail?

 

[lostdude]

A word of warning though, the NEW GM Card policy is different:

New and Old both give you 5% when you buy an GM car/truck (exclude Saturn) but

Old policy: Accumulate up to seven years, up to $500 a year (spending $10,000). If you go over 7 years then the oldest earning drops off.

New policy: No limit on yearly accumulation but there is a limit on how much you can redeem at the time of purchase, usually $1500 or up to $2500 on less desireable models.

I dont' believe they will do the old policy on people signing up these days anymore, I am since I am grandfathered in. I think I got over $2500+ in earning now.. time to trade in that GEO but it just runs too good...eek

 

[chrisjor]

I already received the card but there is no Blockbuster GC in the envelope. Does anyone know when or how this will be sent?

 

[Z80]

I've had the GM (5%) credit card since it first came out. Also had the Ford (5%) card but they replaced that program with the Citibank Driver's Edge card (2%). The Citibank card is nice because you get the rebate on any car purchase, new or used. I got back $1,800 on my used Acura RL3.5 purchase off Ebay last month. I cashed in $3,000 on the GM card 3 years ago and $2,800 on the Ford card 5 years ago. If you travel on the company dime these balance add up really fast. I switch between GM and Driver's Edge when I reach the annual limits.

 

[Hessakia]

"Please allow 6 to 8 weeks for the delivery of your BLOCKBUSTER GiftCard"

from the bottom of the refering page

 

[xSauronx]

Originally posted by: udonoogen

Originally posted by: Searchname

Originally posted by: udonoogen
how does this affect your credit? i woudln't want to keep the card

It depends on your current credit predicament. If you have none and manage to miraculously get approved, it will help. If you have "bad" or troubled credit and are miraculously approved, you have a chance to improve your standing. If you have "Good" credit and are approved, it can help or hurt (usually hurt you slightly, the system is designed this way). It adds an inquiry on your report, which isn't a bad thing ... unless you have had several inquiries in the past 6 months. Also, it raises the total amount of credit on your report, which can indirectly affect your score. Now, if you max out the card, it will raise your debt service coverage (amount borrowed against total amount available), which is definitely not a good thing. All in all, it really depends on your current situation and the choices you make if approved.

BTW, I can tell you that your need to have credit runs hand in hand with your score. Basically, if you don't need loans and have everything paid off, you'll have a very high score.

and if you don't get approved does it bring down your credit? i'm a college student and have always paid off my bills in full. im thinking about this but i dont know if its worth it if it affects my credit in a bad way.

they dont announce that you arent approved, im 19, just got a first mortgage and credit card, one card i applied for (since, when you get a mortgage junk mail of all fun sorts arrives....) said they only approve you if youve got 3+ years of credit history....just got a card from my bank instead

so apply, may not get approved, depending on your current credit history, but its not gonna hurt anything in any event, and you may get to rent movies at blockbuster and stand in those fabulous lines before you watch em

be nice if someone would give away a free month at netflix for exsisting users, oh well

 

[succubiss]

Thanks for the heads up. approved for $2500 in 30 seconds flat.

sweet deal!

 

[Dacalo]

cool, took a while, but got $4000 limit.

Not bad for a college student no?