What Score is Needed For Best Buy Card?

What score is needed for best buy card

Best Buy offers two credit cards in partnership with Citi, a store credit card that can be used only in Best Buy stores and a general-use Visa credit card. The store credit card is a great option for people who regularly shop at Best Buy and have a good credit score, while the general-use Visa card can be helpful for consumers with lower scores.

What is needed for best buy card?

A good credit score is typically 700 or higher for the Best Buy Store Card and 650 or better for the My Best Buy Visa card. The cards offer a variety of incentives, including 10% back on purchases when you use your new credit card for the first time and special financing terms that don’t require you to pay interest until the end of the promotional period.

0% introductory APR is offered on purchases made at Best Buy, but not all qualifying cards are eligible for this offer. You can also take advantage of a deferred interest financing offer, which allows you to pay off your balance in full without interest until the end of an allotted financing period.

When you’re shopping at Best Buy, it’s important to understand the rewards program on your credit card. In order to earn points, you must spend a certain amount of money on qualifying purchases. For example, a cardholder with $3,500 in Best Buy purchases would earn 8,750 My Best Buy points.

Once you’ve earned these points, you can redeem them for $5 Best Buy certificates that you can use toward future purchases. However, you can’t redeem your points for cash or gift cards at other retailers, which may be frustrating if you have another rewards card that lets you use your points for different kinds of purchases.

You must meet spending requirements to qualify for the Elite Plus program, which adds an extra half-point on top of the standard Elite rate and requires an additional $2,000 in purchases per year. For many customers, this level of spending won’t justify the increased reward rate.

The My Best Buy Visa Card is a co-branded credit card that offers both 5% back in rewards on qualifying purchases and flexible financing options through the Best Buy Flexible Financing program. You can also use the card for 3% back in gas, grocery, and furniture purchases and 2% back on dining out.

This card has no annual fee and does not charge any fees for interest or late payments, but the APR is a bit high for a retail credit card. It’s a good option for shoppers who frequently shop at Best Buy and are looking for an easy way to earn rewards while paying down their balance.

This card has a $59 annual fee and charges a high APR for purchases that aren’t eligible for the 48-month reduced interest plan. It’s a good choice for people who frequently make Best Buy purchases and aren’t interested in paying an annual fee, but it’s not worth it for everyone.