I’m doing a one-pay lease on a 4xe order… just waiting for it to be built. The dealer said I can put up to $10,000 of the payment on a credit-card.
I found the FCA DrivePlus MasterCard that offers 5% bonus “points” (1 point = $1) on dealership purchases plus a $100 statement credit after spending $100. If I put the $10,000 on the DrivePlus card, then that’s essentially a $600 post-sale rebate, reducing my effective monthly by $17 for a 36-month lease.
I also read somewhere that the points could be redeemed at a FCA dealership or the MOPAR site for double the value, turning the $600 into $1100, but I think this may no longer be the case.
Do y’all think this would work? Has anyone tried this?
Are there better credit cards to use for the $10,000? I’ve found other cards with 5% or 6% cash back in some categories, but not at dealers. I’m also aware of much better signup bonus offers with annual fee cards (AmEx Platinum, Venture X), but I either have these cards already or don’t want another card with an annual fee.