Vauxhall Capital One Rewards Card
Capital One has partnered with Vauxhall Motors to launch a new credit card which enables customers to save up to £1,500 off their next new Vauxhall car.
The Vauxhall Rewards Capital One Card enables customers to earn Reward Points worth 6% of the value of all purchases anywhere for the first three months (or first £3,000 spend, whichever comes first) and 3% thereafter. Each Reward Point earns a £1 discount off a new Vauxhall up to a maximum of £1,500, on top of any other offer.
Cardholders will also receive 0% interest on all purchases for the first six months and 17.9% p.a. variable thereafter. Credit limits range from £2,000 to £12,000 and the card has no annual fee.
The Vauxhall Rewards Capital One card forms a key part of the carmaker’s enhanced rewards programme, which is designed to make car ownership even more affordable.
The partnership with Vauxhall Motors, one of the biggest selling vehicle manufacturers in the UK allows Capital One to further expand its wide range of credit card and offer unique deals for consumers who are intending to buy a new Vauxhall car. Society of Motor Manufacturers and Traders figures show the Vauxhall Corsa and Astra were two of the top five best-selling new cars in 2012 with total sales of 152,457.
Jaidev Janardana, Vice President of Marketing for Capital One said, “The Vauxhall Rewards Capital One Card is an exciting expansion of our range of innovative Reward products that enable customers to make significant savings through everyday spending.
“The Vauxhall Rewards Capital One Card provides customers with an ideal way to reduce the cost of owning and maintaining any of Vauxhall’s wide range of vehicles. As well as giving customers the opportunity to save up to £1,500 off their next Vauxhall, the card offers discounts on the MasterFit Service Club and zero per cent for six months on purchases.”
Duncan Aldred, Chairman and Managing Director, Vauxhall Motors said, “This is a first for the automotive industry and coupled with Vauxhall’s industry leading Lifetime Warranty, is just another way our customers can make significant savings. Vauxhall‘s portfolio of exciting new vehicles has become even more appealing.”
The Vauxhall Rewards Capital One Card offers customers:
3% Reward Points on all purchases (1 Reward Point = £1 discount on new Vauxhall vehicles)
Double Reward Points (6%) for the first 3 months (or first £3000 spend, whichever comes first)
Reward Points can be redeemed at any participating Vauxhall Retailer, to save up to £1,500 off a new Vauxhall car
0% on all purchases for 6 months
No annual fee and £2,000 - £12,000 credit limit
Secure online banking, contactless payment and identity theft alerts.
No annual fee
MasterFit Service Club discounts for existing Vauxhall vehicle owners
Customers can apply for the Vauxhall Rewards Card through both Capital One and Vauxhall’s websites. The card is aimed at consumers with an ‘excellent’ credit history.
Representative Example: Assuming a credit limit of £1,200, an interest rate on purchases of 17.93% p.a. variable, you will receive a 17.9% APR representative variable.