5 Things to Know About the Goodyear Credit Card

The $0-annual-fee-card Goodyear Credit Card, issued by Citi, can offer savings when you spend with the car tire and service company. And because Goodyear is one of the largest tire companies nationwide, you’ll likely be able to find a location near you, or somewhat close by.

But the Goodyear card is limited in ways that many such co-branded cards typically are: You can only use it with merchants associated with the brand, there’s a deferred interest offer that can trip cardholders up in the long run and it charges a high interest rate.

Here’s what to know about the Goodyear Credit Card.

The Goodyear card is a closed-loop product, which means it can be used only with a specific brand or merchant associated with the brand. In this case, the card can be used only at the tire company as well as at Mobil and Exxon gas stations.

Because cardholders can also use the card at those gas stations, not just at Goodyear, the card offers a bit more flexibility than typical closed-loop options. But still, its use is more limited than a traditional or general rewards credit card that isn’t tied to any brand.

Cardholders don’t earn rewards with the Goodyear card, which makes it less valuable to keep in your wallet. The card does come with benefits that can lead to savings (more on this below), but you won’t earn rewards when you make purchases with the card.

The best credit card is one that aligns with your specific budget, but if it doesn’t earn rewards for your spending, you’re potentially leaving money on the table.

Goodyear offers a six-month deferred interest period on purchases of $250 or more. (It also often offers limited-time nine- or 12-month deferred interest periods.)

These promotional offers can give you a break from interest for a little while, but the tricky thing with deferred interest promotions is that the interest is still accruing in the background. That means that if you are still carrying a balance once the promotional period ends, you must pay all the interest that’s been accruing, at the card’s normal ongoing APR, retroactive to the purchase date, and on your total purchase amount. This can be expensive, especially at the card’s ongoing APR of nearly 34% (as of this writing).

Conversely, there are credit cards that offer true 0% APR periods, meaning they don’t charge interest retroactively. With these cards, once the interest-free period ends, you’ll owe interest only on the remaining balance, assuming you have any.

Goodyear credit card holders have access to limited savings and offers. At the time of this writing, they include tire and service savings only available to cardholders, as well as access to exclusive savings when cardholders purchase tires online at Goodyear.

Plus, through Dec. 31, 2025, new cardholders receive a $50 online or mail-in rebate on the first $250 or more they spend with the card.

Because it lacks rewards or substantial benefits, the Goodyear card will be a poor option for most. Instead, consider a flat-rate general rewards credit card that earns value back on all your spending, including car-related expenses.

For example, the $0-annual-fee Wells Fargo Active Cash® Card earns an unlimited 2% cash back on all eligible purchases. It also comes with a welcome offer and a true introductory interest-free period: 0% intro APR for 12 months from account opening on purchases and qualifying balance transfers, and then the ongoing APR of 18.99%, 24.99%, or 28.99% Variable APR.