Anonymous wrote:
Anonymous wrote:anyone know what the maximum amount you can put on a credit card for a car purchase - would like to maximize the amount of points. Plan to pay cash for the car.
When we bought from a dealer in NJ last summer, they wouldn't let us put more than $5000 on a credit card.
Same in VA, wouldn't even let me put more than $5k on credit cards even if I wanted to do $5k on one and $5k on another, etc. Dealer said its policy because they lose a lot on credit card merchant fees when they let people put a down payment on a CC. Had to write a check for the remainder of our down payment less $5k. And I put it on my AmEx, so PP who said you can put the whole car on it, what dealer let you do this?