Review: Polaris Credit Card

polaris-visaMotorsports manufacturer Polaris offers a credit card in partnership with US Bank that lets you earn rewards toward future Polaris dealer purchases. Below we offer an overview / review of each card:

The Polaris Visa allows you to earn points with every purchase, and every time you accumulate 2500 points, you get $25 in Polaris Cash that you can use at Polaris dealership.

Points are given based on this formula:

  • 2 points per dollar on purchases at Polaris dealerships
  • 2 points per dollar on purchases at gas stations
  • 1 point per dollar on all other purchases.

There is no annual fee for the Polaris Visa. The interest rate on this card could anywhere from 14.24% to 23.24%, depending on your credit history. If you have a habit of keeping a balance on your credit cards, don’t get this one (especially if you’re on the high end of that interest rate range), because the interest you pay will essentially cancel out any rewards you receive.

To us, this card seems rather limited — you really need to be a big fan of your motorcycle or ATV or snowmobile to want to use this as your main credit card, because the rewards are so specific. You might be better off with a different cash back or rewards card.

Polaris also offers other financing loans via Sheffield and Synchrony Bank. Go here for further details on those financing offers.

See also: Instant Approval Credit Cards, Which is the best credit card?, 0% Balance Transfer Credit Cards