Kawasaki Credit Card Review

kawasaki-credit-cardKawasaki offers a variety of financing offers via partners including Citibank, Synchrony Bank, and Sheffield Financial, but the main Kawasaki credit card comes from Citi. Our overview / review of the card is below:

First off, the Kawasaki credit card can only be used on Kawasaki purchases, so it is of limited use, a strike against it. 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 12 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, Citibank will offer you a reduced rate for up to 60 months on most purchases, but after the initial promotion the rate will change to 23.99% 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.