Is the Best Buy Credit Card Worth It? An Honest Review

Electronics superstore Citi has two store cards for Best Buy that are co-branded and give you points when you shop there.

If you buy most of your gadgets there, it might make sense to carry one of these, especially considering how expensive devices like smartphones, HDTVs, and laptops can be and how quickly they become outdated. Let’s read more about Best Buy Credit Card.

How to Apply for Best Buy Credit Card?

To apply for a Best Buy Credit Card, visit the Best Buy website and click on the “Apply Now” button under the credit cards section. You can also visit the My Best Buy Credit Card page on Citibank’s website to apply.

There are different types of Best Buy Credit Cards available, including a standard My Best Buy Credit Card and a My Best Buy Visa Card. Before applying, make sure to review the terms and conditions and the rewards program for each card to determine which one is best for you. Once you’ve chosen the card you want to apply for, fill out the application form and submit it for review.

There Are Two Types of Basic Best Buy Credit Cards

Best Buy Credit Card

Applying for a Best Buy credit card in-store or online is confusing, and you don’t get to choose which type you get.

Two basic versions:

Best Buy Card. Only Best Buy and accept this “closed-loop” store card. No annual fee.

Best Buy Visa. This “open-loop” Visa card is accepted everywhere. The only difference between these cards is the annual charge. Best Buy will inform you of your approval after you apply:

Gold. It costs $59 per year.

Platinum. This version is annual-free.

Best Buy first considers applicants for the My Best Buy Visa Platinum (open-loop, no yearly charge). If you don’t qualify, you’re considered for the My Best Buy Credit Card (store card) and subsequently the My Best Buy Visa Gold (annual fee). Creditworthiness determines which version you get authorized for, which raises the question:

Best Buy credit cards require what credit score? Best Buy doesn’t set a minimum credit score. However, its offerings suggest you may be able to get a card with poor credit. in general:

Closed-loop shop cards are easier to get than open-loop ones, therefore many people with fair or average credit start with one.

Since the fee reduces risk, cards with annual fees are easier to get for people with average credit.

Best Buy Credit Card Payment Methods

Online Payment:

  1. Visit the credit card registration page on Citi’s website.
  2. Provide credit card details and personal information to register.
  3. Log in to your Best Buy account using your user ID and password.
  4. Follow the prompts and provide your checking account number and bank routing number to make the payment.

In-Store Payment:

  1. Visit the customer service desk at the Best Buy store.
  2. Provide your account number and method of payment to an employee to make the payment.

Phone Payment:

  1. Call the automated payment system at 888-574-1301.
  2. Provide your checking account and bank routing number and have a valid check ready to complete the payment.

Text Payment:

  1. Text PAY to 81964 from the device linked to your Best Buy account.
  2. Verify your identity and text the payment amount and account information.

Mail Payment:

  1. Send a check or money order with your account number to the appropriate address.
  2. The address depends on the type of Best Buy credit card you have, and if you need to make a late payment.

If you need help to log in your credit card account, try one of the following:

Best Buy Credit Card Rewards Are Good, but Redemption is Difficult

These credit cards receive points in the My Best Buy shopper loyalty program. Points become Best Buy rewards certificates: 250 points get a $5 reward card, making each point worth 2 cents. Redeeming requires 250 points.

Both cards offer Best Buy rewards. You get:

  • Best Buy purchases get 5% back (2.5 points per $1).
  • Flexible funding (see below).

The Visa card goes further. You’ll also get:

  • 3% gas rebate (1.5 points per $1).
  • 2% back on dining and grocery purchases (1 point/$1).
  • 1 point for $2 spent on other daily expenditures.

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