FCA Adds $1,000 Bonus Certificate to DrivePlus Mastercard
Fiat Chrysler and First Bankcard announced that customers who sign up for the DrivePlus Mastercard will get $1,000 toward the purchase or lease of a new FCA vehicle.
OMAHA, Neb. — FCA US LLC and First Bankcard, a division of First National Bank of Omaha, have announced the addition of a $1,000 bonus certificate toward a future purchase or lease of a new FCA US vehicle to their co-branded FCA DrivePlus Mastercard. The companies marked the renewal of their partnership to issue co-branded credit cards under the Chrysler, Dodge, FIAT, Jeep, Ram, and Mopar brands.
Executives said the addition of the $1,000 bonus certificate to the FCA DrivePlus Mastercard strengthens an already rich package of automotive rewards designed to help drivers with the cost of ownership and dealers to close more sales and increase customer loyalty. Cardholders can earn unlimited rewards on everyday purchases, with double reward redemption at FCA US dealerships toward a new vehicle down payment, Mopar service, repair, or accessory purchase.
“DrivePlus offers industry leading rewards for our customers while helping dealers reach and retain new shoppers who will visit their showrooms again and again,” said Jeff Kommor, vice president of FCA US’s Sales & Fleet Operations division.
More Auto Finance
July Was Hot for Auto Borrowers
Credit proved readily available for many, but most loans left buyers in negative territory, Cox Automotive said.
Read More →
Dealer Lender Preferences Revealed
When lenders provide consistent, fast service, their overall satisfaction scores with dealers greatly improve, according to JD Power research.
Read More →
Auto Refi Savings Surge
Consumers with 84-month auto loan terms who refinanced saved the most on monthly payments, according to a new report by auto refinancing provider Caribou.
Read More →
Subaru Enters Lending Business
The automaker follows other brands in adding captive financing in the U.S., and says the move will strengthen its position here.
Read More →
Positive Equity Reaches Record High
Mainstream vehicle owners who bought a car seven years ago are likely to have positive equity when trading in for a new vehicle, according to second-quarter Edmunds data.
Read More →
Dealerships Are Paying the Price for Extended Car Loans
Growing negative-equity scenarios mean such lengthy terms should be addressed in a forward-looking way to make them work for the dealer and the consumer down the road.
Read More →
Trade-Ins in Negative Equity Reach New Heights
As such trade-ins rise in frequency, so do monthly loan payment amounts and interest rates, according to second-quarter data compiled by Edmunds.
Read More →
Auto Credit Plentiful
June numbers show lenders are readily granting access, including to risky borrowers, as consumers leverage themselves to take on high prices.
Read More →
Automotive Consumers Sink Further in Debt
Most financing metrics hit records in the second quarter as more buyers locked themselves into long terms and high monthly payments.
Read More →
Porsche Financial Services Shifts Structure
After 36 years with Porsche, the Financial Services Chief Financial Officer Konrad Riedl is retiring, and the department is realigning its management structure.
Read More →