You have many advantages with the Best Buy Credit Card. As an Elite Plus Cardmember, you will earn 6% on all eligible Best Buy purchases. You can also earn 3% on gas purchases and an additional 5% on food, takeout, and grocery purchases as Elite Plus Cardmembers. However, this is not all good news. Be aware of these things before you apply. These tips can help to find the right card for you.
My Best Buy Visa(r), card
My Best Buy Visa(r), card offers points depending on where you spend money. For every dollar spent at Best Buy, you can earn six points. Additionally, you will be eligible for 3% cashback when you shop at gas stations or grocery stores. You can have your payments automatically debited from your bank account. This card is not suitable for people with poor credit. Eligible applicants are those with good credit or better. There are some things you need to know before applying for it.
You must be a legal resident of the United States. You must be 18 years or older to reside in the United States of America or Puerto Rico. A valid Social Security number, valid driver’s license, or government-issued photo ID are required to qualify. You can apply for a My Best Buy Visa (r) Card once you have met these requirements. After your application has been approved, the credit card will then be mailed to address provided. The typical application process takes between seven and fourteen days.
Members of Elite Plus Cards earn 6% on eligible Best Buy Purchases
Best Buy Visa Card gives its members flexible financing options and 5% back for all purchases. Members can also earn 1.5 points on every dollar spent on gas, dining and grocery purchases. Best Buy offers flexible financing options that come with low interest rates. For the highest rewards, you need to spend $250 minimum. Each 250 points earned earns members a $5 certificate. The annual fee for membership is $95, but this offsets the risk to consumers with poor credit.
For eligible Best Buy purchases, Elite Plus Cardmembers get 6% back The best rewards program in industry allows you to save up to $300 per year on accessories and electronics. By avoiding late payment penalties, you can save money on gas and other everyday costs. It’s clear why so many people love the Best Buy credit card. You don’t have to pay an annual fee.
Gas purchases eligible for a 3% discount
Best Buy Credit Card offers 3% cash back on gas purchases This card allows you to be reimbursed for your gas purchases and receive perks. This card can be used for gas purchases at gas stations, restaurants and bars. This card’s most appealing feature is its ability to finance. You can benefit from its low interest rates and flexible financing options, regardless of your credit history.
Although the deferred-interest program can be a great way of avoiding paying interest on large purchases, it is important that you make payment by the due date. You may want to look into a 0% APR promotional offer if you have concerns about not being able to pay your gas bill on time. This offer doesn’t require that you pay full price for your purchase. You will need to spend at most 1.5 points per dollar on gasoline to earn 3% back.
You get 5% back on eligible take-out, grocery and dining purchases
Best Buy credit card gives you 5% cashback on all purchases (dining, take-out, etc.) The type of card will determine which bonus you earn. You can earn $200 in Best Buy rewards certificates if you spend $200 at Best Buy. You won’t be charged interest with the Best Buy credit cards.
For those looking for credit cards that offer more than just cash back, the My Best Buy card is a good choice. This card allows you to earn 5% on eligible Best Buy purchases. It also has flexible incentives such as rewards certificates. You can also get special financing terms or deferred-interest financing. This is the card to get if you plan on large purchases at Best Buy.