Credit cards all basically work the same way, but some offer better rewards than others. For those that own a Ford vehicle, the new FordPass Rewards Visa card aims to work in tandem with the automaker’s loyalty program to offer a series of unique benefits, including everyday special financing, reduced cost of ownership via Points redeemable toward vehicle sales and service at Ford dealerships, member-exclusive benefits, and Ford-focused card customization options.
Ford has partnered with First National Bank of Omaha to offer the new FordPass Rewards Visa, which presents the highest earn rate among existing automotive credit cards. Additionally, the FordPass Rewards Visa card is the only co-branded card with an annual statement credit that totals $200 every year when customers spend $6,000 in 12 consecutive billing cycles after opening the account.
Other card features include a $100 statement credit when customers spend $3,000 within the first three billing cycles after opening an account, and low-interest financing for six billing cycles on Ford dealership purchases over $499.
FordPass Rewards Visa card customers can earn points in a variety of ways, including:
- 5 percent back in points on Ford dealership purchases
- 3 percent back in points on gas, auto insurance, tolls, parking, and dining
- 1 percent back in points on all other purchases
- 10 percent back in points on Ford service – 5 percent back in points on Ford dealership purchases plus 5 percent back in points with FordPass Rewards
In addition to these key features, a primary benefit of the FordPass Rewards Visa Card is the access it provides customers to unique member-exclusive offers and opportunities.
For example, in June, FordPass Rewards gave its members access to one month of complimentary Postmates delivery service and deployed a complimentary The Works oil change and tire rotation to members deemed essential workers. Similar member-exclusive benefits will be extended to cardholders to add value to and enhance their ownership experience.
The FordPass Rewards Visa card is available at launch in Model A Black and Blue Oval Blue. Beginning with the 2021 Ford Bronco, Bronco Sport, and 2021 Ford F-150, future iterations of the card will allow model-specific customization as well.