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Capital Auto Glass Pre-Payment Plan:

Rules and Regulations

Purpose of the Pre-Payment Plan

The Pre-Payment Plan is designed to help you prepare for future auto glass expenses by allowing you to set aside funds in advance. This plan offers the added benefit of earning interest on your pre-paid funds, ensuring financial readiness while maximizing savings.

 

How the Pre-Payment Plan Works

The Pre-Payment Plan allows you to save for auto glass services while earning interest. You can choose from three plans based on the amount you pre-pay, with each offering a competitive Annual Percentage Yield (APY) credited to your account:

  1. Platinum Plan:
  • Pre-pay $1,000 to $2,000.
  • Earn 20% APY as account credit.
  1. Gold Plan:
  • Pre-pay $500 to $999.
  • Earn 15% APY as account credit.
  1. Silver Plan:
  • Pre-pay $100 to $499.
  • Earn 10% APY as account credit.

 

Additional Details:

  • APY: Interest is credited as account credit and can only be used for services at Capital Auto Glass.
  • Flexibility: Funds and earned interest can be applied to eligible services, including replacements, repairs, and deductibles.
  • No Cash Payouts: Interest is non-redeemable as cash and applies only to account credit.

 

 

Benefit of the Pre-Payment Plan

The Pre-Payment Plan allows you to save in advance for auto glass services, ensuring you’re financially prepared. Additionally, your funds grow with interest, providing added value for future expenses.

 

How much interest will I earn?

  • Platinum Plan: Earn 20% APY on $1,000–$2,000.
  • Gold Plan: Earn 15% APY on $500–$999.
  • Silver Plan: Earn 10% APY on $100–$499.

APY is credited as account credit and cannot be withdrawn as cash.

 

Can I cash out the interest earned?

No, interest is credited exclusively for use on auto glass services and cannot be withdrawn or redeemed as cash.

 

How can I use my funds and interest?

Funds and interest can be applied toward services at Capital Auto Glass, including:

  • Auto glass replacement
  • Rock chip repairs
  • Power window repairs
  • Insurance deductibles

 

How can I check my account balance?

  1. Call Us: Contact our team for your current balance.
  2. Email Us: Request your balance via email, and we’ll respond promptly.
  3. Quarterly Updates: Receive automated account summaries every 90 days.

 

Can I re-invest the interest earned?

No, the interest cannot be re-invested or compounded. It is available exclusively as account credit for eligible services.

 

Will I earn interest on the remaining balance if I make a partial withdrawal?

Yes, interest will continue to accrue on the remaining balance at the original rate set when you pre-paid.

 

How do I fund my account?

You can fund your account using the following methods:

  1. Credit/Debit Card: A 3% processing fee applies.
  2. Check: Funds will be available after the check clears. A $50 fee applies to returned checks.
  3. Cash: Direct cash payments are accepted.

 

Can I close my account?

Yes, you can close your account at any time by submitting a written request via email. Upon closure:

  • Remaining funds from your initial deposit will be refunded by check.
  • Accumulated interest will be forfeited and is non-redeemable.

 

By enrolling in Capital Auto Glass’s Pre-Payment Plan, you agree to these terms and conditions. This program is designed to provide financial flexibility and added value for your auto glass needs. For questions or additional details, contact our team today!

If you have any questions about filing a claim for your auto glass service, one of our trained customer service representatives is standing by to answer your questions. Contact us today at (916) 972-7772; we are here to guide you through this process!