I received more info via snail mail from FBNO. The new Gear UP card replaces the Ford Pass Rewards card only. Ford Pass Rewards points are still valid and can be redeemed as always. The GU card can be used anywhere Visa is accepted, but no Ford Pass points are awarded to the GU card. However, you do get FPR points awarded, and can redeem FPR points for sales and service and online Ford purchases, so If you use any credit card including the Gear Up visa, you get those points too.
The GU card will have its own perks which are similar to everybody else's, Citi Bank, Chase, Discover etc. I have not heard anything about Ford partnering with a different card issuer, so for now it looks like after FNBO and Ford part ways May 28, point of sale at Ford dealers and Ford online sites will be the only way to get more points.
Ford turns high inventory levels to its advantage with the right amount of push…
We’re back to a late 1970s level of price uncertainty where buyers know that buying now is better than later.