Finder is committed to editorial independence. While we receive compensation when you click links to partners, they do not influence our opinions or reviews. Learn how we make money.

BMW World Mastercard® review

Last updated:  

Earn rewards on BMW purchases, gas and more.

  • Get this card if: You’re a regular spender on BMW purchases.
  • Pick something else if: You want a more lucrative rewards card.
  • Apply with a good to an excellent credit score of 670 or higher.

5,000

Points as welcome offer

Up to 4x

Points

$0

Annual fee

0%

Intro purchase APR

for the first 12 billing cycles (then 15.24% to 24.24% variable)

Details

Product NameBMW World Mastercard®
Card typeMastercard
Annual fee$0
Purchase APR0% intro for the first 12 billing cycles (then 15.24% to 24.24% variable)
Balance transfer APR0% intro for the first 12 billing cycles (then 15.24% to 24.24% variable)
Balance transfer fee$5 or 3% of the transaction, whichever is greater
Cash advance rate24.99% variable
Cash advance fee$10 or 5% of the cash advance amount, whichever is greater
Foreign transaction fee2% of the transaction value
Interest free periodUp to 24 days
Late payment feeUp to $40
Returned payment feeUp to $35

Expert review

Steven Dashiell

Review by


Steven Dashiell is a credit cards writer at Finder. He's worked on 250 Finder articles and counting, helping readers embrace and maximize credit cards. Backed by nearly a decade of research and reporting experience, Steve's work can be seen on Debt.com, CreditCards.com and Lifehacker.

Expert review

The BMW World Mastercard® is an entry-level BMW World Mastercard®. Thanks to a change in its issuing bank, the card now offers a new suite of benefits and rewards. For no annual fee, you’ll earn 4x points on eligible BMW purchases, 3x points at eligible gas stations, 2x at restaurants and 1x on everything else.

This card also offers a signup bonus of 5,000 points after you spend $500 within your first 3 months of account opening, and a 0% intro APR on purchases and balance transfers for 12 billing cycles, reverting to 15.24% to 24.24%.

Like the BMW Precision Credit Card, the BMW Credit Card offers fairly solid earning capabilities within its categories. In fact, it offers the same gas station and restaurant earning rates as the BMW Precision Credit Card, only coming in short on BMW purchases and non-category purchases.

As with the BMW Precision Credit Card, these points are worth 1 cent apiece except when redeemed on BMW gift cards, leading to a 25% point bonus. In a vacuum, the BMW World Mastercard® is off to a good start.

How to apply for the BMW World Mastercard®

To apply for the BMW World Mastercard®, you can do the following:

  1. Go to the BMW Card site.
  2. Click on Apply now under the BMW World Mastercard® image.
  3. Fill out your personal information, including your income and employment information.
  4. Click the box next to I accept the terms and conditions and press the Submit button.

What credit score do I need?

To qualify for the BMW World Mastercard®, you should apply with a good credit score of 670 or higher.

Compare credit cards

Name Product Welcome offer Rewards Annual fee Filter values
Blue Cash Everyday® Card from American Express
$200 after spending $1,000 in the first 3 months
2% at US gas stations and select US department stores, 3% at US supermarkets on up to $6,000 per year, then 1% after that and on all other purchases
$0
Get 3% cash back on groceries on up to $6,000 annually (then 1%) with no annual fee. This is a simple and effective rewards card. Rates & fees
Chase Freedom Flex℠
$200 after spending $500 in the first 3 months, plus 5% cash back at grocery stores on up to $12,000 in the first year
5% back in rotating categories up to $1,500 combined each activated quarter (then 1%), 5% on travel purchased through Chase, 3% on dining and drugstores, and 1% on all other purchases
$0
Get up to 5% cashback in rotating and newly added everyday categories. The refreshed Freedom Flex card has lots of earning potential.
Blue Cash Preferred® Card from American Express
$300 after spending $3,000 in the first 6 months (Offer expires 12/10/2020)
6% on select US streaming services, 3% on transit and US gas stations, 6% at US supermarkets on up to $6,000 annually, then 1% after that and on all other purchases
$0 intro annual fee for the first year ($95 thereafter)
Perfect for families: Get up to 6% on everyday purchases and a welcome offer worth $300. This heavy-hitter rewards card has uncontested value. Rates & fees
Chase Sapphire Preferred® Card
80,000 points after spending $4,000 in the first 3 months, a value of up to $1,000 through Chase Ultimate Rewards
5x points on Lyft, 2x points on travel and dining and 1x points on all other purchases
$95
Earn a huge signup bonus worth $$1,000 with this popular travel card. Combine with other Chase Ultimate Rewards cards for even greater value.
Citi® Double Cash Card
N/A
Up to 2% cash back on purchases (1% when you buy plus 1% as you pay)
$0
Earn up to 2% on every purchase with no annual fee. This is the highest flat-rate cashback card on the market.
loading

Compare up to 4 providers

Bottom line

The BMW World Mastercard® is a little less enticing than the BMW Precision Credit Card. While you won’t pay an annual fee for the BMW Credit Card, it’s a relatively lackluster choice considering it doesn’t earn 1.5x points on non-category purchases like the BMW Precision World Elite Mastercard® does. Even if you’re a BMW fan, you might be better off comparing more valuable reward cards out there.

Ask an expert

You are about to post a question on finder.com:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our finder.com Terms of Use and Privacy and Cookies Policy.
Go to site