My GM Rewards Card Mastercard®
Goldman Sachs
No Annual Fee
Annual Fee
mastercardGoodcash-backno-annual-fee6 months ago
Welcome Offer
20,000 pts(≈ $200)Spend $1,000 within 3 months
OpenCard analysis
Is the My GM Rewards Card Mastercard right for you?
The My GM Rewards Card Mastercard is a no-annual-fee cash-back card from Goldman Sachs. Its strongest everyday earning is 10% on GM (new vehicle purchases, service, parts, Super Cruise), with 1% on most other purchases. With no fee, the question is simply whether 10% on GM (new vehicle purchases, service, parts, Super Cruise) beats what your current card earns there.
Who it's for
- ✓ People who spend steadily on GM (new vehicle purchases, service, parts, Super Cruise), where it earns 10%
- ✓ Anyone who wants GM (new vehicle purchases, service, parts, Super Cruise) rewards without paying an annual fee
Who should skip it
- — Heavy spenders outside GM (new vehicle purchases, service, parts, Super Cruise) — everything else earns 1%
First-year value estimate
Welcome bonus
$200
Rewards on spending
$390
Annual fee (year 1)
−$0
Year 1, before credits
$590
Year two, without the welcome bonus: about $390 before credits ($390 in rewards minus the $0 fee).
Assumptions
- $3,000 a year in GM (new vehicle purchases, service, parts, Super Cruise) (10%) and $9,000 on everything else (1%) — $12,000 total, about $1,000 a month.
- Rewards valued at 1¢ per point or 1% cash back (cash-equivalent).
- Welcome bonus: 20,000 My GM Rewards at 1¢ each (OpenCard valuation) ≈ $200.
- No annual fee in any year.
An illustration, not a promise of value. Change the spending to match yours; rewards are not cash until redeemed. Card data reviewed 2026-04-16.
How it compares
Navy Federal Flagship Premier Visa Signature →
Navy Federal Credit Union, higher fee ($95 vs $0); earns 4% on travel.
Blue Cash Everyday →
American Express, same $0 annual fee; earns 3% on gas.
AARP Essential Rewards Mastercard from Barclays →
Barclays, same $0 annual fee; earns 3% on gas stations and drugstores.
Rules and gotchas
- The welcome bonus requires $1,000 in 3 months — roughly $333 a month. That fits inside the $1,000 a month in our illustration.
Frequently asked questions
- Does the My GM Rewards Card Mastercard have an annual fee?
- No. Our record lists a $0 annual fee for the My GM Rewards Card Mastercard.
- What does the My GM Rewards Card Mastercard earn?
- 10% on GM (new vehicle purchases, service, parts, Super Cruise), 3% on Gas Stations, 3% on dining, and 1% on other purchases.
- Is the My GM Rewards Card Mastercard worth it in the first year?
- Using our illustration ($12,000 of yearly spending, $3,000 of it in GM (new vehicle purchases, service, parts, Super Cruise)), the first year comes out around $590 before credits, including a welcome bonus valued at $200. Year two drops to about $390 before credits.
- What credit do I need for the My GM Rewards Card Mastercard?
- Our record lists "Good" credit as the typical target for the My GM Rewards Card Mastercard. Goldman Sachs makes the final decision based on its own criteria.
Earning Rates
10×GM (new vehicle purchases, service, parts, Super Cruise)10x points on GM purchases (new vehicle down payment, service, parts, GM Financial)
3×Gas Stations3x points at gas stations
3×Dining3x points on dining (restaurants, takeout, delivery)
1×All Other Purchases1x point on all other purchases
Other Benefits
Other Benefits
Super Cruise access
Access to GM Super Cruise hands-free driving with points
Insurance
Rental InsurancePrimary
Purchase Protection
Extended Warranty
Sources
Last Updated: Apr 16, 2026