When will my auto loan rate discount take effect?

Your auto loan discount will take effect in the month you become eligible to receive Rewards+ benefits. Auto loan rate discount is up to .25% and applies to loans funded on or after April 12, 2023. The rate discount starts in the month you become eligible to receive Rewards+ benefits. If you are eligible for Rewards+ benefits at the time of funding, the loan discount will be reflected the following day. For auto loans funded after April 12, 2023, on an account that did not qualify for Rewards+ at the time of funding but then subsequently qualifies, the auto loan rate will adjust on the first of the following month in alignment with all other benefits.