The My Best Buy credit card is a store credit card, meaning it can only be used in Best Buy stores and online at the Best Buy website
The card is not accepted anywhere else because it is not linked to major credit card networks like MasterCard, Visa, American Express, or Discover.
Best Buy, however, also provides a credit card that can be used anywhere Mastercard is accepted: the Best Buy Mastercard or Visa credit card.
Citibank offers customers the My Best Buy store credit card, which can be used only at Best Buy locations and online.
Because of this, it is not a generic credit card that can be used on other websites like Amazon or Wal-Mart.
The card’s primary perk gives regular cardholders 5% cash back in rewards and Elite Plus cardholders 6% cash back
Best Buy has historically provided special financing of up to 24 months for home theatre systems costing $800 or more or 18 months for major appliances costing $600 or more.
Make your fixed monthly payments on time and pay off your balance in full by the end of the promotional period.
Best Buy started advertising its credit card in 2017 by providing sign-up bonus rewards of 10% off the customer’s first purchase to those who applied for the card
The standard interest rate for the My Best Buy store credit card is the prime rate plus 21.99%, in addition to any special financing offers that may be in effect.
You could be charged a late fee of up to $40 if you pay late with this card. To open a Citibank account, you must have a minimum of $2.
My Best Buy is Best Buy’s in-store credit card, but the company also offers a Visa-branded co-branded credit card.