Best Buy Credit Card Offers
There are two basic versions of the Best Buy Citi Credit Card. One is a "closed-loop" store card, meaning it's accepted only at Best Buy and BestBuy.com. The other card is an "open-loop" credit card, meaning it is accepted anywhere that takes Visa.
best buy credit card offers
Welcome back to our community forums. The My Best Buy credit card is a great way to get more My Best Buy points or use promotional financing. I'd be happy to give you some more information about this promotion.
As you mentioned, the My Best Buy credit card offers 10% back in My Best Buy rewards on your first purchase if you choose standard financing. These points will typically post to your account 20 days after you receive your products or 35 days for Magnolia purchases.
If you're in the market for new tech this season, you're in luck. Many American Express cardholders are currently being targeted for deep discounts at major electronic retailers through the Amex Offers program, including Best Buy, Dell and Amazon.
If you have a co-branded Amex card such as the Delta SkyMiles Gold American Express Card or Marriott Bonvoy Brilliant American Express Card, you might see an offer to earn a statement credit after meeting a certain spending requirement. If that's the case, keep in mind that statement credit offers and Membership Rewards point offers are actually not considered the same. So if you happen to have both types of Best Buy offers appear, you should be able to add them both to your account despite American Express's one offer per account rule.
We're also currently seeing a similar offer which allows you to earn 1x additional point for every dollar spent on Dell purchases. This offer appears to be fairly widely available on Membership Rewards-earning cards, including The Platinum Card from American Express, and is valid through the end of the year.
Perhaps the most rewarding Amex Offer currently available is for 5x additional Membership Rewards points per dollar spent on Amazon purchases. Similar to Best Buy, Amazon also sells dozens of third-party retailer gift cards, and they appear to be eligible for bonus points. This offer is available through Nov. 13, 2020.
In addition, unless the terms of the offers indicate otherwise, you should be able to stack these with online shopping portals for an even greater return. Rakuten, for example, allows you to earn cash back or additional Amex points for shopping at hundreds of merchants.
These Best Buy Chase Offers come around every so often and have different spending limits. This latest offer is good on up to $250 spend which is a fairly good limit, although some past offers have been good on up to $440 of spend.
For $199.99 per year, or $179.99 per year for Best Buy credit card holders, membership also includes access to a concierge service that is available only to Best Buy Beta members. The Best Buy concierge team is available 24/7 by phone, chat, email or through the Best Buy app.
We send cardholders various types of legal notices, including notices of increases or decreases in credit lines, privacy notices, account updates and statements. Currently, we can provide some of these legal notices, including statements, electronically. We are working towards being able to provide all of these legal notices electronically. When we are able to provide all legal notices electronically, we will notify you by email. In the meantime, if you choose to receive legal notices electronically, you will need to monitor both your U.S. postal mailbox and your email inbox for legal notices.To receive your legal notices electronically, your computer must be capable of printing or storing email, web pages and documents in PDF format and your browser must meet minimum system requirements.
We will send notifications regarding the availability of your statement online and legal notices to the email address you provided to us until you contact us to change it. It is your responsibility to update promptly any changes in this information. If your email address changes, please update it through Account Online or call us at the number on the back of your card.
We send cardholders various types of legal notices, including notices of increases or decreases in credit lines, privacy notices, account updates and statements. Currently, we can provide some of these legal notices, including statements, electronically. We are working towards being able to provide all of these legal notices electronically. When we are able to provide all legal notices electronically, we will notify you by email.In the meantime, if you choose to receive legal notices electronically, you will need to monitor both your U.S. postal mailbox and your email inbox for legal notices.To receive your legal notices electronically, your computer must be capable of printing or storing email, web pages and documents in PDF format and your browser must meet minimum system requirements.
The My Best Buy Visa Card* may be a best buy for those looking for a way to finance large purchases from the big box electronics store or to earn rewards on everyday spending to help buy a new TV or other devices, but we feel the card offers little else of substantial value.
Beyond these terms, the My Best Buy Visa, like its store-only counterpart, offers two separate, different incentive programs. The first involves an additional reward category: With the My Best Buy Visa, cardholders who elect standard credit terms access an extra bonus category and earn 5% back in rewards on eligible Best Buy purchases. Alternatively, card account ownership may involve deferred interest financing options.
The My Best Buy Visa Card offers financing options its advertising calls deferred interest financing, but, despite some similarities, these offers are not the same as a typical credit card offer of 0% introductory APR on purchases. Like a 0% introductory period, interest will not be charged if the entire principal is paid off before the end of the promotional APR period. Unlike a typical low introductory APR period, with deferred interest financing on the My Best Buy Visa Card, regular monthly payments are required.
The card offers an array of financing options your Best Buy-only purchases must qualify for. Both merchandise type and amount spent qualify your purchase balance for deferred interest financing of a specific length. The table below shows the deferred interest financing periods available for purchase types and the corresponding minimum spend amounts.
Reward certificates may be used at Best Buy retail stores, BestBuy.com and the Best Buy mobile app, but some products, like gift cards, certain premium major home appliances and home theater products, sales tax, service charges and discounted Best Buy Business or commercial purchases or anything purchased from a nonparticipating store or a Best Buy Store via third-party marketplace like Amazon, Google or eBay do not qualify and cannot be purchased using reward certificates.
To determine the rewards potential of the Best Buy Credit Card we consider what an American household might spend on a credit card each year. Forbes Advisor uses data from various government agencies in order to determine both baseline income and spending averages across various categories. The 70th percentile of wage-earning households bring in $107,908 annually and we base spending on that number.
Forbes Advisor estimates that the household has $32,072 in expenses that can be reasonably charged to a credit card. We also assume that the cardholder choosing to hold the Best Buy Credit Card will spend at least $3,500 annually.
A cardholder with $3,500 in annual purchases at Best Buy would earn 8,750 points from those purchases, 4,275 points on gas purchases, 8,936 at restaurants and grocery stores and 10,143 points on all other purchases. This would result in total annual point earnings of 32,104, which could be redeemed for 128 $5 reward certificates for a total of $640 to use at Best Buy with a few points left over to go toward the next certificate redemption.
With a cleaner, simpler rewards structure, the Wells Fargo Active Cash is a better choice for most, but a case can be made for pairing two cards like these in order to maximize rewards for those who want the best of both Best Buy rewards and flat-rate cash back.
The Amazon Prime Rewards Visa Signature Card* offers far more ease when it comes to earning rewards and much more clarity in its financing terms. Like the Best Buy Visa, Amazon Prime Rewards Visa offers a choice of rewards or financing and cardholders who choose rewards earn 5% cash back in rewards at Amazon.com and Whole Foods Market with an eligible Prime membership, 2% cash back at restaurants, gas stations and drugstores and 1% on all other purchases. Get 10% back or more in bonus rewards on rotating categories and products sold on Amazon.com.
Although the Amazon Prime Visa Card is similar in rewards structure to the Best Buy Visa, the Amazon Prime Visa Card allows cardholders to redeem points for purchases or cash, making it a more flexible rewards card.
Chauncey grew up on a farm in rural northern California. At 18 he ran away and saw the world with a backpack and a credit card, discovering that the true value of any point or mile is the experience it facilitates. He remains most at home on a tractor, but has learned that opportunity is where he finds it and discomfort is more interesting than complacency.
If you love to shop at Best Buy, the Best Buy Visa offers competitive rewards on both Best Buy purchases as well as everyday spending categories like gas, groceries and dining. Its welcome offer -- 10% back on your first day of Best Buy purchases, or choose financing -- has the potential to be lucrative if you can take full advantage of it. This card also offers deferred interest on some payments, which can help you finance big purchases interest-free -- as long as you can repay the balance within your flexible financing period. 041b061a72