BMW Precision World Elite Mastercard® review
A solid rewards card for BMW enthusiasts
- Get this card if you spend a significant amount at BMW and on fuel purchases.
- Pick something else if you want a gas rewards card with more redemption options.
- Apply with a good credit score of 670 or higher.
Points as welcome offer
Up to 5x
15.24% to 24.24%
Purchase APR (variable)
|Product Name||BMW Precision World Elite Mastercard®|
|Purchase APR||15.24% to 24.24% variable|
|Balance transfer APR||15.24% to 24.24% variable|
|Balance transfer fee||$5 or 3% of the transaction, whichever is greater|
|Cash advance rate||24.99% variable|
|Cash advance fee||$10 or 5% of the cash advance amount, whichever is greater|
|Foreign transaction fee||None|
|Interest free period||Up to 24 days|
|Late payment fee||Up to $40|
|Returned payment fee||Up to $35|
|Rates & fees||rates & fees|
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.
The BMW line of cards recently underwent an issuer change, moving from BMW to U.S. Bank. With the change, these cards received several additions to their rewards structure, elevating them from the narrow niche they previously occupied .
The BMW Precision World Elite Mastercard® is the higher-end offering of the two, coming in with a $99 annual fee. It offers 5x points on BMW purchases, 3x points at eligible gas stations, 2x points at eligible restaurants and 1.5x points on all other purchases. You’ll also enjoy a 7,500 point signup bonus after you spend $1,000 in your first 90 days of account opening and a $70 annual dealership credit.
The BMW Precision World Elite Mastercard® otherwise has little that stands out compared to other rewards cards. For example, there’s no intro APR on purchases or balance transfers and you could be subject to nearly every type of credit card fee out there if you’re not careful. As such, this card could find a place in a BMW-head’s wallet, but doesn’t have the oomph to compete with other reward cards out there.
How to apply for the BMW Precision World Elite Mastercard®.
To apply for the BMW Precision World Elite Mastercard®, you can do the following:
- Go to the BMW credit card page
- Click the Apply now button underneath the BMW Precision World Elite Mastercard®.
- Fill out your personal information, including your income and employment information.
- Click the box next to I accept the Terms and Conditions and then click Submit.
What credit score do I need?
To qualify for the BMW Precision World Elite Mastercard®, you’ll need a good credit score of 670 or higher.
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For such a niche rewards card, the BMW Precision World Elite Mastercard® isn’t a bad choice. If you’re a fan of BMW or want a way to make more back on your BMW purchases, you might consider checking out this card. For everyone else, you’ll likely want a standard rewards card.