Subaru credit card terms

[Jack Gavin]

I'm interested in the (relatively-new Chase) Subaru credit card, but I
can't find certain information on the web.

What I found is:

3% of purchases are converted to $100 vouchers as earned, up to $500
per year.

Vouchers good for parts, service, and vehicle purchase.

What I can't find is:

Is that per *calendar* year? That is, if I got a new card in late
2002, I could potentially still get the full $500 for 2002, and work
on a fresh $500 starting Jan. 1, 2003?

How long is each voucher good for? (For instance, if 3 years, I could
get max. 3 * $500 = $1500 off a new vehicle, if 7 years, then 7 * $500
= $3500.)

What about transferability? Could one's vouchers be used to purchase
a vehicle registered to one's spouse, significant other, parent,
child, cousin, friend?

Could a husband and wife have separate card accounts (effectively
doubling the yearly limit), and combine the vouchers for a vehicle
purchase?

http://www.chasecardsonline.com/servlet/at?target=subarusplashperf&creative=subaru
and http://creditcardsatchase.com/portal/index.jsp?pageID=standard&key=subaruaqnotices
mention 3% and $500, but not much else. Chase and Subaru both seem
real eager to get one to apply before they offer the information,
which I consider a bad sign.

Thanks for any insight (including general satisfaction, etc.) from
current participants.

--
Jack Gavin

[nu...@null.net]

I believe you can call Chase to verify.

> 3% of purchases are converted to $100 vouchers as earned, up to $500
> per year.
>
> Vouchers good for parts, service, and vehicle purchase.
>
> What I can't find is:
>
> Is that per *calendar* year? That is, if I got a new card in late
> 2002, I could potentially still get the full $500 for 2002, and work
> on a fresh $500 starting Jan. 1, 2003?
>
> How long is each voucher good for? (For instance, if 3 years, I could
> get max. 3 * $500 = $1500 off a new vehicle, if 7 years, then 7 * $500
> = $3500.)
>

The vouchers are good for 4 years.
If you use them on parts/service/labor you forfeit any leftover amount. So if say the
mirror with compass costs $160.00 and you use 2 $100 vouchers you just paid $200 for
the mirror, no change, no credits for partial usage.
I believe it's calendar year (jan 1st) as opposed to fiscal year (june xx) or from
when you opened the account.

> What about transferability? Could one's vouchers be used to purchase
> a vehicle registered to one's spouse, significant other, parent,
> child, cousin, friend?
>

I think yes as the vouchers don't have anybody's name on them.

> Could a husband and wife have separate card accounts (effectively
> doubling the yearly limit), and combine the vouchers for a vehicle
> purchase?
>

Sure. Why not?

> http://www.chasecardsonline.com/servlet/at?target=subarusplashperf&creative=subaru
> and http://creditcardsatchase.com/portal/index.jsp?

pageID=standard&key=subaruaqnotices
> mention 3% and $500, but not much else. Chase and Subaru both seem
> real eager to get one to apply before they offer the information,
> which I consider a bad sign.
>
> Thanks for any insight (including general satisfaction, etc.) from
> current participants.
>

I don't like the having to use the whole voucher at once part but I can live with it.