Using CC buy a car, will I get points/rewards?

Mar 23rd, 2022 4:59 pm

#1

vanished [OP]: Newbie; Feb 27, 2013; 68 posts; 131 upvotes; Toronto

Mar 23rd, 2022 4:59 pm

Using CC buy a car, will I get points/rewards?

Booked a car and will pay about 4000 for the down payment. I have cash in my account so that repayment is not an issue. If I pay with credit card, will I get rewards/points? The CC we have right now:
RBC Avion Visa
RBC Cash Back Mastercard
CIBC capital one master card (the costco card).

Updated with more details. We already paid deposit and waited for about half year. The deposit was paid with CC and the sales suggested us to pay with CC at that time for collecting points/cash back. That's why I have this question now.

Thanks.

Last edited by vanished on Mar 27th, 2022 3:39 pm, edited 2 times in total.

Mar 23rd, 2022 5:32 pm

#2

dimon222: Sr. Member; Mar 25, 2015; 868 posts; 788 upvotes

Mar 23rd, 2022 5:32 pm

Yes, as "Everything else" category.

+2

Mar 23rd, 2022 7:15 pm

#3

CouponBaron: Deal Addict; Jan 18, 2015; 1054 posts; 743 upvotes; Cornwall, ON

Mar 23rd, 2022 7:15 pm

Yes, however generally the discount you get from paying cash to the dealership will save you more money than typical Cashback on the "other" category.

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Mar 23rd, 2022 7:26 pm

#4

Wydrazor: Sr. Member; Oct 12, 2020; 505 posts; 811 upvotes; Ontario

Mar 23rd, 2022 7:26 pm

I don't know how much "a few thousand" is, but it's certainly going to be enough to meet MSR for some cards. Why not go after some SUB on cards? To go after WB on a large, short-term purchase is ideal since the purchase is actually organic.

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+1

Mar 23rd, 2022 11:28 pm

#5

profile: Deal Addict; Jul 29, 2013; 1832 posts; 1580 upvotes; Ontario

Mar 23rd, 2022 11:28 pm

Max amount Toyota would allow was $1,500.00 on a credit card.
The rest is certified cheque or bank draft.

Last edited by profile on Mar 27th, 2022 6:18 pm, edited 1 time in total.

+1

Mar 24th, 2022 3:07 am

#6

ml88888888: Deal Fanatic; Jan 19, 2017; 8076 posts; 4719 upvotes

Mar 24th, 2022 3:07 am

vanished wrote: ↑ Booked a car and will pay a few thousands. I have cash in my account so that repayment is not an issue. If I pay with credit card, will I get rewards/points? The CC we have right now:
RBC Avion Visa
RBC Cash Back Mastercard
CIBC capital one master card (the costco card).

Thanks.

Yes you will if the dealer accepts CC payment.

+1

Mar 24th, 2022 7:20 am

#7

mikka2017: Deal Expert; Jan 12, 2017; 20865 posts; 5929 upvotes; Scarberia

Mar 24th, 2022 7:20 am

ml88888888 wrote: ↑ Yes you will if the dealer accepts CC payment.

do car dealerships take prepaid ccs? i need a new car soon, my 2012 is getting oldAF!

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Mar 24th, 2022 10:54 am

#8

ml88888888: Deal Fanatic; Jan 19, 2017; 8076 posts; 4719 upvotes

Mar 24th, 2022 10:54 am

mikka2017 wrote: ↑ do car dealerships take prepaid ccs? i need a new car soon, my 2012 is getting oldAF!

who knows. you just have to ask your local dealer.

+1

Mar 24th, 2022 11:22 am

#9

GT_647: Deal Addict; Apr 13, 2005; 1733 posts; 1746 upvotes; Markham, ON

Mar 24th, 2022 11:22 am

I can't see any dealer accepting full payment of a car via CC.

.

+1

Mar 24th, 2022 11:36 am

#10

profile: Deal Addict; Jul 29, 2013; 1832 posts; 1580 upvotes; Ontario

Mar 24th, 2022 11:36 am

GT_647 wrote: ↑ I can't see any dealer accepting full payment of a car via CC.

Dream On.
It isn't going to happen.

My roofer took 10K on credit card which surprised me.
Unusual.

Always worth asking but improbable.

Mar 25th, 2022 11:36 am

#11

Dinamo2016: Deal Addict; Sep 13, 2016; 1023 posts; 1707 upvotes; GTA

Mar 25th, 2022 11:36 am

My Audi dealership allowed $5,000.00 CC payment on purchase of a new car.

+1

Mar 25th, 2022 1:35 pm

#12

16hypen3sp: Newbie; Mar 10, 2022; 67 posts; 33 upvotes

Mar 25th, 2022 1:35 pm

Most dealerships have a limit you can put on your credit card. My experience has been a limit of CAD$2000 when I use my credit card at these places.

I have only encountered one dealer where it seemed I could pay with an unlimited amount going on my credit card. That was a motorcycle dealership in central Alberta.

Mar 25th, 2022 1:50 pm

#13

mk316: Sr. Member; Oct 17, 2004; 825 posts; 469 upvotes; Toronto

Mar 25th, 2022 1:50 pm

vanished wrote: ↑Booked a car and will pay a few thousands. I have cash in my account so that repayment is not an issue. If I pay with credit card, will I get rewards/points? The CC we have right now:
RBC Avion Visa
RBC Cash Back Mastercard
CIBC capital one master card (the costco card).

Thanks.

Please share what dealership is allowing you to do this?

I'm too poor to buy crap

Mar 25th, 2022 1:54 pm

#14

efrant: Deal Fanatic; Jan 4, 2011; 6229 posts; 7687 upvotes; Montreal

Mar 25th, 2022 1:54 pm

mk316 wrote: ↑ Please share what dealership is allowing you to do this?

Many (most?) dealerships will allow you to pay the security deposit on a credit card. The amount will vary, but I was able to pay $2,500 on a credit card a few years back.

Mar 25th, 2022 5:06 pm

#15

mk316: Sr. Member; Oct 17, 2004; 825 posts; 469 upvotes; Toronto

Mar 25th, 2022 5:06 pm

efrant wrote: ↑ Many (most?) dealerships will allow you to pay the security deposit on a credit card. The amount will vary, but I was able to pay $2,500 on a credit card a few years back.

Not talking deposit... I think OP is talking about buying fully on credit card...

I'm too poor to buy crap

Mar 25th, 2022 5:20 pm

#16

efrant: Deal Fanatic; Jan 4, 2011; 6229 posts; 7687 upvotes; Montreal

Mar 25th, 2022 5:20 pm

mk316 wrote: ↑ Not talking deposit... I think OP is talking about buying fully on credit card...

Ok, I didn't get that from the OP. Said he would pay "a few thousands"

Mar 25th, 2022 6:34 pm

#17

rychicken: Jr. Member; Feb 6, 2019; 189 posts; 276 upvotes

Mar 25th, 2022 6:34 pm

efrant wrote: ↑ Ok, I didn't get that from the OP. Said he would pay "a few thousands"

we're all multi-millionaires on RFD... "A few thousands" could be $150,000

Mar 27th, 2022 3:41 pm

#18

vanished [OP]: Newbie; Feb 27, 2013; 68 posts; 131 upvotes; Toronto

Mar 27th, 2022 3:41 pm

CouponBaron wrote: ↑ Yes, however generally the discount you get from paying cash to the dealership will save you more money than typical Cashback on the "other" category.

We have already negotiated the price and will do car loan. The amount I am talking about is the down payment left (4K).

Mar 27th, 2022 3:42 pm

#19

vanished [OP]: Newbie; Feb 27, 2013; 68 posts; 131 upvotes; Toronto

Mar 27th, 2022 3:42 pm

profile wrote: ↑ Max amount Toyota would allow was $1,500.00 on a credit card.
The rest is certificate cheque or bank draft.

Thanks and good to know.

Mar 27th, 2022 3:43 pm

#20

vanished [OP]: Newbie; Feb 27, 2013; 68 posts; 131 upvotes; Toronto

Mar 27th, 2022 3:43 pm

GT_647 wrote: ↑ I can't see any dealer accepting full payment of a car via CC.

It is not the full payment. We will do car loan on top of a trade-in of the old car. This is the down payment after deposite.