Best Buy has two credit cards available. One can only be used through Best Buy and its affiliates, and the other can be used at any retailer that accepts Visa.


Both cards are part of the My Best Buy rewards program and offer 5% cash back on purchases from Best Buy and its affiliates. Elite Plus members receive 6% cash back on Best Buy purchases. To become an Elite Plus member, cardholders must spend $3,500 or more at Best Buy or its affiliates in a calendar year. The first calendar year begins on the date a consumer is approved for the card, and it continues until the last day of the following February.

The Best Buy Visa card also offers cardholders one point for every $1 spent on dining and grocery purchases and one point for every $2 spent on everything else. This equates to 2 and 1% cash back, respectively. It offers various enhanced reward categories throughout the year, such as additional rewards for gasoline purchases.

Promotional Financing

Both cards currently offer six-month interest-free financing on purchases totaling $199 or more. An 18-month promotional offer is available for cardholders who make purchases totaling $479 or more. Both offers require the cardholder to pay the balance in full by the promotional end date, or interest will be charged from the date of purchase. By using the promotional financing, cardholders do not qualify for cash back rewards for that purchase.

Ways to Pay

Cardholders can make payments online through the Best Buy website, or they can pay their bills by cash or check in a Best Buy store. Statements arrive monthly by mail and include a return address for payment if cardholders do not choose the paperless option. Cardholders can also call the automatic telephone system and pay by check over the phone.

  1. How can you pay your Walmart credit card?

    Learn about the Walmart credit card and how to make payments by a check, online, at Walmart and Sam's Club stores, or over ... Read Answer >>
  2. How do travel rewards cards work?

    Travel reward credit cards use a points-based system to help consumers earn bonuses and other incentives, such as airline ... Read Answer >>
  3. What is the difference between a prepaid credit card and a gift card?

    Although prepaid and gift cards are used in the same manner, a prepaid credit card can be used repeatedly, while a gift card ... Read Answer >>
  4. Does Netspend report to credit bureaus?

    Learn if NetSpend can report your information to a credit bureau and discover what personal information you need to open ... Read Answer >>
  5. Are travel rewards credit cards worth it?

    A travel rewards credit card may be worth it depending on how frequently you travel and whether you can afford to spend on ... Read Answer >>
Related Articles
  1. Personal Finance

    Credit Card Review: Citi Double Cash

    Learn about the Citi Double Cash credit card and its simple cash back program that pays a combined 2% rate on every card purchase.
  2. Investing

    Credit Card Review: Capital One Quicksilver Rewards (COF)

    Learn more about the Capital One Quicksilver Rewards card and how its simple cash back rewards program can put more money in your pocket.
  3. Personal Finance

    Rewards Credit Cards That Give Back The Most

    There are many different types of rewards offered by credit card companies. Here are some examples, and the best ways to take advantage of them.
  4. Personal Finance

    5 Credit Cards For the Super Rich

    Understand the difference between an average credit card and an elite credit card for the wealthy. Learn about the top five credit cards for the super rich.
  5. Personal Finance

    4 Best Credit Cards for Military Veterans in 2016

    Discover the four best credit cards for veterans, including the programs with the best airline mileage rewards, points for dining out and gas purchases.
  6. Personal Finance

    Credit Card Review: Chase Freedom (JPM, AMZN)

    Learn about the Chase Freedom card and how it earns 1% cash back on every purchase and up to 5% on purchases in quarterly categories.
  7. Personal Finance

    Credit Card Review: Capital One Venture Rewards (COF)

    Learn how the Capital One Venture Rewards card helps you earn unlimited rewards miles to pay for all types of travel expenses, such as airfare and hotel costs.
  8. Personal Finance

    3 Best Credit Cards for Traveling to the UK (COF, BCS)

    Discover three of the best credit cards to use while traveling to the United Kingdom, based on security and rewards programs.
  9. Personal Finance

    3 Best Credit Cards for College Students in 2016

    Find out which credit cards are best suited to college students, based on criteria such as annual percentage rate, rewards programs and money management tools.
  10. Insights

    How Amazon Financing Works (AMZN)

    Amazon.com offers its customers two versions of its own store credit card, with interest-free financing on designated item categories, as well as an Amazon Visa card.
  1. Cash Back

    Cash back generally refers to a cardholder benefit offered by ...
  2. Credit Card

    Issued by a financial company giving the holder an option to ...
  3. Minimum Payment

    The minimum payment is the lowest amount of money that a credit ...
  4. Balance Protection

    Balance protection is a type of optional coverage offered on ...
  5. Purchase Rate

    The purchase rate is the interest rate applied to purchases made ...
  6. Go-To Rate

    A go-to rate is the interest rate that will come into effect ...
Trading Center