It is an excellent option for frequent Best Buy shoppers with good to excellent credit who enjoy keeping track of their purchases and earning rewards on more of their favorite products at Best Buy. When you regularly purchase large amounts at Best Buy, 5% rewards (6% for Elite Plus members) is a decent reward rate.
Best Buy opened in 1966 as an electronics store called Sound of Music. The company changed its name to Best Buy in 1983, when it added home appliances and VCRs to its product lineup. Known for its warehouse-style stores and commission-free employees, Best Buy now has more than 1,200 stores across the United States. To make paying for your purchases easier, Best Buy offers two credit card options.
These are Best Buy Credit Card issued by Best Buy, an American online retail conglomerate, independently or in partnership with the Visa credit card conglomerate. Best Buy credit card helps you save money with cashback. The company offers a store credit card and a Best Buy Visa card. The store credit card can be used for in-store and online purchases. You can order both cards online or in-store.
You may not be able to benefit from these rewards if you only qualify for the Best Buy Visa Gold card because it has a $59 annual fee. In that case, you’ll need to spend at least $1,200 on eligible purchases to earn $60. worth of reward certificates to support the annuities.
Best Buy offers two Citibank-issued credit card options: a retail version that works only at Best Buy stores and a Visa-branded Best Buy credit card that is accepted anywhere Visa is accepted. Cardholders of My Best Buy credit card and My Best Buy Visa card can earn Best Buy rewards and apply for flexible financing options. Card members of My Best Buy Visa Card earn 5% off purchases at Best Buy (6% for Elite Plus members), 2% off restaurant and grocery purchases, and 1% cashback on everyday purchases. Taking part in a rewards program and applying for a credit card can seem complicated.