USES

GM Business from Goldman Sachs Review

GM Business from Goldman Sachs — all information about the credit card.

Updated December 04, 2023
Advertiser Disclosure Our Methodology
Goldman Sachs GM Business
Apply now
Our Rating:
5 out of 5
scorer
Recommended credit score
Good to Excellent (670-799)
  • Rewards Rate:
    • 5% In Earnings on GM dealership parts or service.
    • 3% In Earnings on gas, restaurants, office supply stores.
    • 1% In Earnings on all other purchases.
  • Intro Offer:
    • $750 In Earnings to redeem at GM towards the purchase or lease of eligible new GM vehicles after you spend $5,000 on purchases in your first 5 months from account opening.
  • Annual Fee:
    $0
  • Purchase Intro APR:
    0% Introductory APR for 12 months from the date of account opening
  • Regular APR:
    19.24% - 29.24% Variable
  • Balance Transfer APR:
    19.24% - 29.24% Variable
Show more

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Goldman Sachs GM Business Rewards Calculator

How do you record your expenses?
Enter your monthly spendings on:
5%
GM
$
3%
Gas
$
3%
Dining
$
3%
Office supply
$
1%
All other purchases
$
Have you already recieved the Goldman Sachs intro bonus?
Calculate
Your Results
Yearly earnings
$180
Annual fee
$0
Yes, Goldman Sachs GM Business credit card is worth its annual fee!
How to maximize your Goldman Sachs GM Business rewards?

You can boost your total rewards by getting Goldman Sachs welcome bonus. To do that spend more on all purchases. To maximize all other rewards follow the tips below:

  • Spend more on GM
  • Pay off your balance in full each month.
  • Make a large purchases plan.

Using these tips will help you not only to cover your annual fee but also to get a net profit from making purchases with Goldman Sachs GM Business.

Your net profit in the first year
$180
cup of coffee x67
Show less details
You will receive $180 in the first year
Where you get the most profit
  • GM
  • Gas
  • Dining
  • Office supply
  • All other purchases
GM
$60
Gas
$36
Dining
$36
Office supply
$36
All other purchases
$12
Total
$180
Annual fee
$0
Net yearly credit card profit
$180

All benefits

  • Cash back
    • 5% On GM dealership parts or service.
    • 3% On gas, restaurants, office supply stores plus 1% everywhere else.
    • 1% On all other purchases.

Rate and fee information

  • Purchase Intro APR
    • 0% Introductory APR for 12 months from the date of account opening
  • Purchase APR
    • 19.24% - 29.24% Variable
  • Intro Balance Transfer APR
    • None
  • Balance Transfers APR
    • 19.24% - 29.24% Variable
  • APR for Cash Advances
    • 29.99% Variable
  • How to Avoid Paying Interest
    • Your due date is at least 25 days after the close of each billing cycle. You will not be charged any interest on purchases if you pay your entire balance by the due date each month.

Fees

  • Annual Fee
    • $0
  • Fees for Balance Transfer
    • None
  • Fees for Cash Advances
    • None
  • Late Payment
    • Up to $40
View all Rates & Fees

Pros & Cons

Pros:
  • No Annual Fee
Cons:
  • No Intro APR period on balance transfers

Features

Classic
Mastercard
  • 0% Intro APR
  • No Annual Fee
  • No foreign transaction fees
  • Cashback
  • Rewards
  • Good Credit
  • Excellent Credit

About the issuer

Goldman Sachs
Goldman Sachs has several card types depending on your needs.
Manage your Account & Pay your Bill
You can usually pay your bill online on your

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Goldman Sachs GM Business is an option for those, who need Classic features. With an APR of 19.24% - 29.24% and $0 annual fee this credit card can easily cover your simple everyday demands. For high approval odds you need to have Good to Excellent (670-799) credit score. With Goldman Sachs GM Business you will get such features as 0% Intro APR, No Annual Fee, No foreign transaction fees, etc. To make sure about either this credit card is good for you or not compare it with other cards with similar features.

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