There are many benefits to the Best Buy credit card. You can earn 6% back on eligible Best Buy purchase if you’re an Elite Plus Cardmember. Additionally, Elite Plus Cardmembers will earn 3% back for gas purchases, and 5% back for grocery, dining and takeout orders. It’s not all positive news. Before applying, there are some things you need to remember. These tips will help you choose the best card for you.
My Best Buy Visa(r), Card
Points can be earned by the My Best Buy Visa(r), Card depending on where you spend money. Six points can be earned for every dollar spent at Best Buy. You can also get 3% cashback at gas stations and grocery stores. You can also set up automatic debits from your bank account to automatically deduct your payments. Bad credit is not eligible for this card. You can apply if you have fair credit. Before you apply, here are some things to keep in mind.
You must first be a citizen of the United States. If you live in the United States, Puerto Rico or Canada, you must be at least 18 years of age. You must have a valid Social Security Number, a valid driver’s licence or government-issued ID to be eligible. After meeting these requirements, you are eligible to apply for the My Best Buy Visa(r). After you have submitted your approved application, the credit cards will be mailed directly to you. The process of applying usually takes 7-14 days.
For eligible Best Buy purchases, Elite Plus Cardmembers get 6% back
Best Buy Visa Card members have access to flexible financing options, 5% cash back on all purchases, and the ability to receive a variety of other benefits. Members earn 1.5 points for every dollar they spend on food, gas, or grocery purchases. Best Buy offers flexible financing options and low interest rates. To earn the best rewards, you must spend at least $250. For every 250 points earned, members earn a $5 reward certificate. A $95, but hefty, annual fee is charged. However, it helps to offset the risk for those with moderate credit.
The Elite Plus Cardmembers receive 6% back on eligible Best Buy purchases You can save up $300 each year with the industry’s best rewards program. You’ll also save money on gas, and other daily expenses by not paying late payments penalties. It is easy to see why Best Buy credit cards are so popular. There is no annual fee.
Purchases of eligible gas qualify for a 3% rebate
Best Buy offers 3% off your gas purchase This card can be used to receive reimbursements for gas costs and other perks. The card can be used to purchase gas at gas stations and restaurants as well as at bars. The best thing about this card is the flexibility it offers in financing. No matter your credit score, you can still benefit from the card’s low interest rate and flexible financing options.
You can avoid paying interest on major purchases by using the deferred interest program. However, you must make sure you pay the purchase before the deadline. You might be interested in a 0% APR offer if you’re worried about your gas bill. You don’t have to pay the full amount for this offer. To get 3% back on gas purchases, however, you must spend at least 1.5 points for each dollar.
Get 5% off eligible groceries, dining, and take-out orders
Best Buy credit cards offer 5% cash back on food, gas, and dining. You may earn a bonus depending on which card you have. If you spend $200 at Best Buy you will earn $200 in Best Buy Rewards Certificates. The Best Buy credit card is free of interest and you don’t have to worry about it.
If you are looking for a creditcard that offers more than cash back, the My Best Buy creditcard is a great choice. The card gives you 5% back on eligible purchases made at Best Buy and also offers rewards certificates. It also offers special financing terms and deferred interest financing. This card is perfect for anyone who plans to make a large purchase at Best Buy.