Unlock Hidden Perks: The Credit Cards That Could Save You Thousands on Your Next Car Purchase!
Earning rate on car purchases: 1 point per dollar spent
Why it’s a good choice: The Platinum Card® from American Express is an excellent choice because it has no preset spending limit, making it ideal for a large purchase like a new car. No preset spending limit doesn’t mean unlimited funds, but if you’re looking to make a large down payment or even purchase an entire car, this card is a better option than one with a fixed credit limit. The amount you can spend adapts based on factors such as your purchase, payment and credit history.
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