Best Buy Card Card: Your Ultimate Guide

The Best Buy credit card is a popular option for electronics shoppers, but choosing the right card can be overwhelming. In this article, we’ll give you a comprehensive guide to the Best Buy card cards and all the information you need to make an informed decision.

Step 1: Go to the Best Buy Website

The first step to applying for a Best Buy credit card is to visit the Best Buy website. On the homepage, you’ll find the “Credit Cards” option under the “More” tab. Click on it to access the Best Buy credit card page.

Step 2: Choose Your Card

On the Best Buy credit card page, you’ll see two options: the Best Buy® Credit Card and the Best Buy® Visa® Card. Decide which card is best for you based on your credit score and spending habits. The Visa card can be used anywhere, while the Best Buy credit card can only be used in Best Buy stores.

Step 3: Fill Out the Application

Once you’ve chosen your card, fill out the online application form with your personal and financial information. Make sure to provide accurate information as this will determine your eligibility for the card.

Step 4: Agree to the Terms and Conditions

Before submitting your application, make sure to carefully read and agree to the terms and conditions of the Best Buy credit card. This will include information on interest rates, fees, and rewards programs.

Step 5: Submit Your Application

Once you’ve reviewed and agreed to the terms and conditions, submit your Best Buy credit card application. You should receive a decision within minutes.

Step 6: Activate Your Card

If you’re approved, you’ll receive your Best Buy credit card in the mail. Follow the instructions included to activate your card before using it at Best Buy or anywhere else.

Step 7: Start Using Your Card

Once your card is activated, you can start using it to make purchases. Make sure to pay your bills on time to avoid high interest rates and late fees.

Check out this Youtube video: Discover the best and worst features of the Best Buy Credit Card in this informative review.

What are Best Buy Card Cards?

Best Buy card cards are two types of credit cards offered by Best Buy, a standard store credit card, and a Visa card. The Best Buy credit card can be used only at Best Buy, while the Best Buy Visa card can be used anywhere Visa is accepted. The credit cards are designed to offer rewards and benefits to customers who make purchases at Best Buy.

How Do Best Buy Card Cards Work?

Best Buy offers three types of credit cards: the standard Best Buy Credit Card, the Best Buy Visa Card, and the Best Buy Business Advantage Card. The Best Buy Credit Card is only accepted at Best Buy, while the Best Buy Visa Card can be used anywhere Visa is accepted. The Business Advantage Card is specifically designed for business owners who frequently make purchases at Best Buy.

One of the main benefits of using any Best Buy credit card is the rewards program. For the Best Buy Credit Card and Best Buy Visa Card, cardholders can earn 5% back on all purchases made at Best Buy (2.5 points per $1 spent). Depending on the item purchased and the amount spent, cardholders may also be eligible for flexible financing through Best Buy, ranging from 6 months to 48 months interest-free.

Upon approval of a Best Buy credit card application, cardholders will be required to activate the card before they can begin using it. This can be done through the Best Buy website or mobile app. Once activated, cardholders can use the card to make purchases in-store or online at Best Buy or any other location that accepts the Best Buy Visa Card.

Best Buy Card Card Alternatives

If you’re considering a Best Buy credit card, it’s important to compare it with other options to see if it’s the best fit for you. Here are some other credit cards to consider:

Chase Freedom Unlimited

The Chase Freedom Unlimited card is a great option for those who want to earn rewards on all purchases, not just those made at Best Buy. With this card, you’ll earn 1.5% cash back on every purchase. It also comes with a signup bonus of $200 after you spend $500 in the first three months.

Citi Double Cash Card

The Citi Double Cash Card is another good choice for those who want to earn rewards on all purchases. You’ll earn 2% cash back on every purchase – 1% when you make the purchase and 1% when you pay it off. This card also comes with a 0% introductory APR for 18 months on balance transfers.

Walmart Rewards Card

If you’re a frequent Walmart shopper, the Walmart Rewards Card might be a good choice for you. With this card, you’ll earn 5% cash back on purchases made at Walmart.com, including grocery pickup and delivery. You’ll also earn 2% cash back on purchases made at Walmart stores, gas stations, and restaurants.

Amazon Prime Rewards Card

If you’re an avid Amazon shopper, the Amazon Prime Rewards Card might be the best choice for you. With this card, you’ll earn 5% cash back on all Amazon.com purchases if you’re an Amazon Prime member. You’ll also earn 2% cash back at gas stations, restaurants, and drugstores, and 1% cash back on all other purchases.

Getting the Best Deals with Best Buy Card Cards

If you’re a frequent shopper at Best Buy, it’s worth considering getting a Best Buy card card to maximize the rewards you can earn. There are three types of Best Buy credit cards available: the standard Best Buy Credit Card, the Best Buy Visa Card, and the Best Buy Business Advantage Card. It’s important to choose which one suits your needs and preferences the most.

The Rewards Program

The Best Buy credit cards offer one of the best rewards programs out there, making them a popular choice among shoppers. When using the Best Buy card card, you earn 5% back on all purchases made at Best Buy. This means that for every dollar spent, you earn 2.5 points, or the equivalent of 5 cents back. These rewards can be redeemed as Best Buy certificates, which can then be used towards future purchases at Best Buy.

Maximizing Your Rewards

In order to maximize your rewards, it’s important to pay your balance in full each month. This way, you avoid any hefty interest charges and can reap the full benefits of the rewards program. Additionally, it’s a good idea to take advantage of promotional financing options offered by Best Buy, such as 6 or 12-month financing at 0% interest. This can allow you to make larger purchases while still earning rewards.

Other Perks

Aside from the rewards program, Best Buy credit cardholders also get access to exclusive deals and promotions, making it easier to save even more on your purchases. The Best Buy Visa Card can be used anywhere Visa is accepted, making it a versatile option for those who like to shop at a variety of stores. Meanwhile, the Best Buy Business Advantage Card is specifically designed for business owners who make frequent purchases at Best Buy.

The Risks of Best Buy Card Cards

If you’re considering getting a Best Buy credit card, it’s important to assess the potential risks. One major risk is deferred interest. While it may seem like a good deal to avoid paying interest on your purchase for a certain period, if you don’t pay off the balance in full before the end of that period, you could be hit with retroactive interest charges. This means you’ll be charged interest on the entire purchase amount, not just the remaining balance. In addition, the high APR of 26.24% as of July 2019 on the Best Buy credit card is a risk to consider. It’s crucial to make sure you keep up with payments and pay off the balance in full to avoid high interest charges.

The Best Buy card card offers decent rewards and flexible financing options, but it might not be the right card for everyone. If you’re an avid Best Buy customer, the 5% back in rewards might be worth considering. However, if you’re looking for a card that you can use for everyday purchases outside of Best Buy, the Best Buy Visa Card might be a better option. Keep in mind that the card comes with a high APR of 26.24%, so it’s important to pay off your balance in full to avoid retroactive interest charges. Ultimately, the Best Buy card card is a good option for those who frequently shop at Best Buy and are looking for ways to save money on their purchases.

FAQs

What is the difference between the My Best Buy Visa card and My Best Buy credit store card?

The My Best Buy Visa card can be used anywhere Visa is accepted, while the My Best Buy credit store card can only be used at Best Buy.

What is the required credit score for the Best Buy card card?

The required credit score for the Best Buy credit card is not specified by Best Buy, but it is generally recommended to have a good to excellent credit score (670 and above).

Where can I apply for a Best Buy card card?

You can apply for a Best Buy credit card on the Best Buy website.

How do I redeem rewards with my Best Buy card card?

To redeem rewards with your Best Buy credit card, you must log in to your account on the Best Buy website and select the reward certificate you want to use at checkout. You need at least 250 points to redeem.

References

1. CreditCards.com’s Review of Best Buy Credit Cards

2. Clark.com’s Guide to Choosing a Credit Card

Conclusion

If you’re a loyal Best Buy customer, and you’re interested in financing or earning rewards on your electronics purchases, the Best Buy card card may be a good option for you. Just make sure you fully understand the rewards and financing options, as well as the potential risks, before signing up. Remember, always pay off your balance on time and in full to avoid high interest charges.