GM Launches New Credit Card With Goldman Sachs

GM Launches New Credit Card With Goldman Sachs
The new GM logo is seen on the facade of the General Motors headquarters in Detroit, Mich., on March 16, 2021. Rebecca Cook/Reuters
|Updated:

NEW YORK—General Motors Co. on Monday launched a credit card with Goldman Sachs Group Inc. and revamped its rewards program to let customers earn more points to put toward buying or leasing Buicks, Cadillacs, and other GM cars, the automaker, and bank said in a joint statement.

Issued by Mastercard Inc. through Goldman Sachs, the My GM Rewards card is the second credit card Goldman has offered through its Marcus consumer bank app and it further advances the Wall Street bank’s aims to be a main street lender.