Last Updated on 06/18/2021 by GS Staff
Where the Goodyear Credit Card Can Be Used
A Goodyear credit card can be used at Goodyear, Dunlop Tires, and Kelly Tires. It can now also be used at 11,500+ Exxon and Mobil gas stations. Furthermore, the credit card permits cash advances where cash can be obtained at ATMs. It is not tied to a credit card network such as Visa or Mastercard. This means that it cannot be used anywhere like a traditional credit.
We strongly recommend not using this credit card for cash advances unless cash is needed for a true emergency. Firstly, the cash advance annual percentage rate (APR) is 29.95%. This is a sky-high rate that can be costly if the balance isn’t paid. Secondly, you’ll pay the greater of $10 or 5% of the amount of each cash advance. In other words, don’t use this credit card for a cash advance unless absolutely necessary.
Interest Rates, Interest Charges, & Fees
Here is a summary of the fine print for this credit card at the time of this article:
|Annual Percentage Rate (APR) for Purchases||28.49%. Variable with the market based on the prime rate.|
|Cash Advances APR||29.95%. Variable with the market based on the prime rate.|
|Grace Period||25 days after the close of each billing cycle.|
|Annual Fee||Zero fee|
|Cash Advance Fee||Greater of 5% of each transaction amount or $10.|
|Late Payment Fee||Up to $40|
This credit card offers an intro 0% deferred interest for 6 months. The purchases have to amount to $250 or more to qualify for this no-interest offer. If the balance isn’t paid in full by the end of 6 months, interest is imposed from the purchase date.
The Goodyear credit card also has deferred interest promotional offers. Some of these promotions that may be offered to cardholders every now and then include no interest for 6, 9, & 12 months if paid in full by the end of the promotional period. This is a nice perk especially considering tires and other auto services tend to be pricey. The deferred interest is welcomed by many people who can’t necessarily pay for their purchase in full immediately. Keep in mind that if the balance is not paid in full by the end of the promotional period, interest is charged from the purchase date.
Minimum monthly payments are required on the above. Visit goodyearautoservice.com/en-US/offers/credit-card for the latest credit card offers and to be directed to the latest card disclosure information.
Featured Image Credit – Mike Mozart/flickr