Can I Use my Best Buy Visa card outside of Best Buy?
So just like your typical Visa, you can use this card outside of Best Buy at places such as gas stations, grocery stores, and restaurants. The benefit of this card is that you receive a percentage of your purchase back in rewards.
How do I apply for a Best Buy credit card?
You can apply in-store or online for a Best Buy credit card, but the process is a bit opaque. Essentially, there are two basic versions: My Best Buy Credit Card. This is a "closed-loop" store card, meaning it's accepted only at Best Buy and BestBuy.com. There is no annual fee. My Best Buy Visa.
What are the Best Buy credit cards?
Best Buy Credit Cards. Best Buy Credit Cards give cardmembers access to rewards or flexible financing and exclusive discounts. Get 5% back in rewards on all Best Buy purchases with standard credit. Get 2.5 points per $1 spent (5% back in rewards) on qualifying Best Buy purchases when you choose Standard Credit with your Best Buy Credit Card.
What if I don't qualify for the my Best Buy credit card?
If you don't qualify, you're then considered for, in order, the My Best Buy Credit Card (store card) and finally the My Best Buy Visa Gold (with annual fee). The determining factor in which version, if any, you get approved for is your creditworthiness. Which leads to a common question:
Can I use the Best Buy Visa card anywhere?
My Best Buy Visa® Credit card that can be used at Best Buy and where Visa is accepted.
Can I use my Best Buy Visa card at Target?
The Best Buy Store Card can only be used at Best Buy. The Best Buy® Credit Card and Best Buy® Gold Visa Credit Card can be used anywhere that accepts Visa.
Where can I use Best Buy store card?
While the My Best Buy Visa card can be used and earn rewards anywhere, the My Best Buy Credit store card can be used only in a Best Buy store or at BestBuy.com. Like many store cards, the My Best Buy card offers rewards and benefits like promotional financing for purchases made through Best Buy.
What are the benefits of a Best Buy Visa card?
5% back in rewards: *Get 2.5 points per $1 spent (5% back in rewards) on qualifying Best Buy® purchases when you choose Standard Credit with your Best Buy Credit Card. Points are not awarded on promotional credit purchases. Does not include tax.
Can I use Best Buy gift card at Walmart?
No. Best Buy Gift Cards can be used only to purchase merchandise and services online and in stores, as specified in the terms and conditions.
Can I change My Best Buy credit card to a Visa?
You cannot upgrade your Best Buy Credit Card to the Visa version. If you want the Best Buy Visa card, you'll have to submit another application. Keep in mind that this could result in a hard pull on your credit, which may lower your score for a short period of time. So make sure you qualify for it.
Can I use a Best Buy gift card anywhere else?
Redeemable in any U.S. or Puerto Rico Best Buy retail location or online at BestBuy.com where available for merchandise or services, including some Magnolia Home Theater®- and Geek Squad®-related services, excluding Best Buy and third-party gift cards. No expiration date. No fees.
Can I use My Best Buy credit card at an ATM?
WalletHub, Financial Company You can get a Best Buy® Credit Card cash advance at any ATM that accepts Visa. To do so, insert the card in the ATM, then enter your PIN and choose the cash advance option.
Can I use My Best Buy credit card to buy gift cards?
A: Yes, you can buy gift cards at Best Buy with your Best Buy credit card, and get 5-6% back in Rewards. After you accumulate enough Rewards, you can then use those Rewards to buy more gift cards.
How many credit cards should a person have?
It's generally recommended that you have two to three credit card accounts at a time, in addition to other types of credit. Remember that your total available credit and your debt to credit ratio can impact your credit scores. If you have more than three credit cards, it may be hard to keep track of monthly payments.
What score do you need for a Best Buy credit card?
So, what credit score do you need for a Best Buy credit card? In general, you'll need a good credit score to be approved for the top Visa card (generally 700-749). Otherwise, you'll likely need a fair credit score (generally 660-699) to qualify for the standard Best Buy version.
Does closing a credit card hurt your credit?
A credit card can be canceled without harming your credit score; just remember that paying down credit card balances first (not just the one you're canceling) is key. Closing a charge card won't affect your credit history (history is a factor in your overall credit score).
Can I use Best Buy gift card anywhere else?
Redeemable in any U.S. or Puerto Rico Best Buy retail location or online at BestBuy.com where available for merchandise or services, including some Magnolia Home Theater®- and Geek Squad®-related services, excluding Best Buy and third-party gift cards. No expiration date. No fees.
Can I use My Best Buy credit card at the Apple Store?
1-1 of 1 Answer Yes! You can use your Bestbuy credit card to purchase a iPhone or any anything else.
Can I use a Visa gift card to buy a Best Buy gift card?
No, the only gift cards that can be combined are Best Buy Gift cards. You can pay for separate Best Buy gift cards with the Visa and Mastercard gift cards, then combine the 3 Best Buy gift cards to buy what you want.
Can I use My Best Buy credit card to buy gift cards?
A: Yes, you can buy gift cards at Best Buy with your Best Buy credit card, and get 5-6% back in Rewards. After you accumulate enough Rewards, you can then use those Rewards to buy more gift cards.
Is Best Buy a credit card?
Best Buy Credit Card. The Best Buy credit card is issued by Citibank, and it is designed to benefit customers who can use this card exclusively at Best Buy stores and its website. Therefore, it is not a general credit card that can be used elsewhere, such as on Amazon or WalMart.
Does Best Buy accept MasterCard?
However, Best Buy also offers the Best Buy Mastercard or Visa credit card that can be used anywhere MasterCard-branded cards are accepted.
Does Best Buy offer credit card rewards?
The main advantage of the card is that it offers 5% back in rewards to its regular cardholders and 6% back to Elite Plus members. In the past, Best Buy has offered special six-month financing for purchases in excess of $199; 12-month financing for purchases in excess of $399; 18-month financing for major appliance purchases totaling $599 or up; and 24-month financing on home theater purchases totaling $799 and up. During the promotional period for the special financing offer, Best Buy credit cardholders do not have to pay interest if they make their fixed monthly payments on time and pay off their balances at the end of the promotion period. Additionally, in 2017, Best Buy began promoting its credit card with offers to its holders of 10% back in rewards on their first purchases.
Does Best Buy have a Visa card?
Best Buy does, however, offer a branded Visa or Mastercard which can be used anywhere in the world .
What are the different types of Best Buy credit cards?
There are two types of Best Buy credit cards that you can obtain. There is the My Best Buy Credit Card and the My Best Buy Visa Card.
What is the APR on Best Buy credit cards?
The Best Buy credit cards have an annual percentage rate (APR) of prime rate plus 21.99%. The current APR is 26.24% (4.25% prime + 21.99%). You are given a 25 day grace period to make your payment after the close of the each billing cycle. The late fee issued is up to $37, if applicable. A cash advance from the My Best Buy Visa has a current APR of 28.99% but will vary based on prime. Additionally, a cash advance will have a fee of $10 or 5% of the advance (the greater of these two).
Sydney Garth, Credit Cards Moderator
This answer was first published on 02/10/21. For the most current information about a financial product, you should always check and confirm accuracy with the offering financial institution. Editorial and user-generated content is not provided, reviewed or endorsed by any company.
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What is the difference between the My Best Buy Visa card and the My Best Buy Credit store card?
The My Best Buy Visa card can be used anywhere and earns rewards on purchases made anywhere. The My Best Buy Credit store card can be used only at Best Buy and only earns rewards on purchases made at Best Buy.
Where can I get the My Best Buy Credit store card?
You can get the My Best Buy Credit store card in store at Best Buy or online at BestBuy.com.
What are the My Best Buy cards’ rates?
My Best Buy Visa cards were issued with variable rates of 10.74% to 27.99% and non-variable rates from 9.99% to 20.24%. 2
Existing Cardholders
The quickest way to manage your account is through our 24/7 self-service options:
The details
Get 5% back in rewards on all Best Buy purchases with standard credit.
Flexible financing offers
Buy what you want today and pay over time on every qualifying Best Buy purchase. See financing offers
Exclusive discounts
Purchases made with a Best Buy Credit Card may also qualify for additional discounts. When these discounts are available, you'll see them called out on the product pages and in your cart. To get these discounts, simply use your Best Buy Credit Card during checkout.
Don't have the card?
Best Buy cardmembers can choose rewards or financing on qualifying in-store and online purchases.
Help Center
Find answers to commonly asked questions about orders, product information, returns and more.
Shopping at Best Buy
5% back* in rewards, 6% back* for Elite Plus members, or flexible financing* options starting on purchases $299 and up. See Disclaimer below.
Plus, limited-time bonus categories
Every few months, we’ll introduce bonus reward categories that will get you more rewards faster.
What is Best Buy Visa?
My Best Buy Visa. This is an "open-loop" credit card, accepted anywhere that takes Visa. This card comes in two versions, with the only significant difference being the annual fee. When you submit your application, Best Buy will tell you which one you've been approved for:
How much is a Best Buy credit card bonus?
A common offer is to receive a total 10% back in Best Buy points on your first day of purchases when you are approved for the card. That means if you’re spending $2,000 on your first Best Buy credit card purchase, you’ll get 10,000 points. That’s equal to $200 in Best Buy rewards certificates. Unlike many credit cards, you won’t have to spend a certain amount on purchases on your new card before you receive the bonus.
What is the interest rate on Best Buy credit cards?
And the interest rate on Best Buy credit cards is high: 25.24% as of July 2020.
How long is the deferred interest on Best Buy?
The Best Buy cards advertise occasional "no interest if paid in full" offers (aka, "deferred interest" offers), ranging between six and 36 months, which might sound attractive. But it's important to understand what deferred interest means.
How much back is Best Buy Elite Plus?
Nerdy tip: For either card, you'll increase your rate at Best Buy to 6% back (3 points per $1 spent) if you're a My Best Buy Elite Plus member. (The program has three levels; Elite Plus is the highest, and you'll reach that by spending $3,500 in a calendar year.)
Is Best Buy Visa Gold a good deal?
But with its $59 annual fee, the My Best Buy Visa Gold is not a good deal. Even if you were an Elite Plus member, you would have to spend nearly $1,000 at Best Buy before your rewards would make up for the annual fee. If you're considering a Best Buy credit card, you'd want either the My Best Buy Credit Card (store card) or the My Best Buy Visa Platinum.
Do you have to spend on a new Best Buy card before you get the bonus?
Unlike many credit cards, you won’t have to spend a certain amount on purchases on your new card before you receive the bonus. In lieu of the one-time 10% back option, you can also choose flexible financing (aka, deferred interest offers). 5. If you’re not a die-hard Best Buy shopper, you can do better.
