Kawasaki offers a variety of financing offers via partners including Capital One, Synchrony Bank, and Sheffield Financial, but the main Good Times Credit Card comes from Capital One. Our overview / review of the card is below:
First off, the Kawasaki Good Times credit card can only be used on Kawasaki purchases, so it is of limited use, a strike against it. We prefer credit cards that offer wide acceptance — such as Visa, MasterCard, American Express or Discover cards — over these types of cards from a single retailer. Do you really want to open a new credit line for a card that will be used so rarely?
You might. And the reason would be that you can often get special financing with the card, either short term or long term, including offers such as no interest for 6 months, or rates under 10% for 5 years. These can make the card worth it, as long as you are getting the card just to finance equipment at a lower rate than you might get otherwise.
The danger, of course, is that you use the card to buy something beyond what you can afford, and you get socked with the higher, “normal” interest rate when the low-rate promotion ends. For example, as of this writing, Capital One will offer you a 0% rate for 6 months on most purchases, but after 6 months that rate will change to 22.24% on whatever balance is left on your purchase.
You can only get the Kawasaki credit card at a Kawasaki dealer, so you’ll have plenty of opportunity to see what sort of financing offers you get, and whether these offers make the card a good idea for you.