I hope this is the right forum for the question.

I received a promo for a BMW Visa card. One may accumulate points ($1 spent = 1point). Here is the schedule for some rewards:

Lease or loan Rebate on next BMW:
$100 10,000 pts
$1,000 100,000 pts
$5,000 500,000 pts <--(NDLR: I have to spend half a million bucks to get a $5,000 discount? )

Additional lease miles
1,000 miles 25,000 pts
2,000 miles 50,000 pts
5,000 miles 125,000 pts

Excess wear and tear:
$50 6,250 points
$100 12,500 points
$200 25,000 points

Air Travel US Domestic, no blackout date
30,000 points

$50/year fee.

How does this compare to other car cards?
Does it look to you like a good program?

Thanks!



[This message has been edited by Droneklax (edited 07-12-2002).]