For the frequent Best Buy shopper, having a Best Buy credit card can get you some extra benefits when you shop at the tech giant.

Here's what credit cards Best Buy offers, what benefits they provide, and what you can earn for rewards.

Overview of Best Buy credit cards

My Best Buy Credit CardMy Best Buy Visa
Earn Rates* 2.5 points per $1 spent at Best Buy stores (5% return)* 2.5 points per $1 spent at Best Buy stores (5% return)
* 1.5 points per $1 spent on gas (3% return)
* 1 point per $1 spent on restaurants (2% return)
* 0.5 points per $1 spent on everywhere else (1% return)
Welcome OfferNone* 5 points per $1 spent at drugstores (10% return)
* 2.5 points per $1 spent on warehouse purchases (5% return)
* Maximum of $250 in rewards earned
* Offer ends December 31, 2020
Standard Interest Rates* Prime plus 21.99% on purchases* Prime plus 21.99% on purchases
Special Perks* Special financing offers from Best Buy* Special financing offers from Best Buy
Annual Fee$0$0
Learn MoreLearn MoreLearn More

Features of Best Buy credit cards

Before getting into the cards themselves, there are a few features that are common to both of these credit cards.

Special financing offers

When you shop at Best Buy, you get access to special no interest financing offers.

There are 2 standard offers that are always available:

  • 12 months financing on orders totaling $299 and more, and
  • 24 months financing on orders totaling $999 and up.

How do these financing offers work?

Paying for your purchase gets deferred to the end of the term you've selected. Simply pay it off before the term ends, and you won't pay any interest on your purchase.

However, your card will add up how much interest you have deferred as well. If you don't pay it off in full before the term ends, you'll be charged interest for the full amount of time.

Here are 2 examples of how it works with a $300 purchase and a 6 month financing plan – one scenario where it gets paid in full within 6 months, and one where it only partially gets paid.

Examples of Best Buy credit card financing

From time to time, Best Buy has other special offers as well, including some for specific types of products.

One point to note – if you take advantage of special financing on your Best Buy purchases, you can't earn rewards on the purchase.

Other perks available on Best Buy credit cards

There's one other perk available on Best Buy credit cards. If you're a Best Buy Elite Plus member, you'll get an increased earn rate of 3 points per $1 spent at Best Buy, instead of the typical 2.5 points per $1 spent. That's the difference between a 5% and 6% return.

Annual and other fees

Both of these cards have no annual fee, keeping more money in your pocket.

Both of these cards also have a standard purchase interest rate of prime plus 21.99%. There's no cash advance or balance transfer rates.

Using Best Buy credit card rewards

With any Best Buy credit card, you'll be earning points you can turn into certificates you can use to pay for any purchase at Best Buy.

Every 250 points you collect gets you a $5 certificate, for a point value of 2 cents each.

These certificates can be used to pay for any purchase either in store or online at

My Best Buy credit card

Now let's take a closer look at the cards themselves. First is the , the entry level Best Buy card.

This card can only be used at Best Buy stores, and nowhere else you shop.

Earn rates

Even though it's a store specific card, you can still earn rewards at Best Buy. You'll earn 2.5 points per $1, which is increased to 3 points per $1 spent if you're an Elite Plus member.

That's a return of either 5% or 6% on your Best Buy spending.

Welcome offer

Unfortunately, there is no welcome bonus offer with this credit card.

Annual and other fees

This card has no annual fee.

There's only one other fee with this card – if you're late with a payment, you'll be charged $40.

Citi Best Buy Credit Card

There's also a full blown Visa card that can be used to earn Best Buy Rewards anywhere you shop – the .

Here's what this card has to offer.

Earn rates

So what can you earn on your purchases?

  • 2.5 points per $1 spent at Best Buy (3 if you're an Elite Plus member),
  • 1.5 points per $1 spent on gas,
  • 1 point per $1 spent on restaurants, and
  • 0.5 points per $1 spent everywhere else.

With a Best Buy Rewards point worth 2 cents each, you're getting a minimum return of 1% on your purchases, all the way up to 6% if you're a Best Buy Elite Plus member.

Welcome offer

There's currently a great welcome offer, which ends December 31, 2020.

Until then, you'll earn:

  • 5 points per $1 spent on drugstores, and
  • 2.5 points per $1 spent on warehouse purchases.

There is a cap on the number of Best Buy dollars you can earn for the promotion – $250. But that's still a valuable amount of Best Buy spending.

Annual and other fees

This card also has no annual fee, but does have a late payment fee of $40.

Compare Best Buy Credit Cards


What credit cards does Best Buy offer?

Best Buy offers 2 credit cards – the My Best Buy Credit Card, and the My Best Buy Visa. Both of these cards offer rewards on purchases at Best Buy, as well as special financing offers at Best Buy. The My Best Buy Visa also earns Best Buy Rewards on all other purchases.

What are Best Buy Rewards points worth?

Best Buy Reward points are worth 2 cents each. You need to accumulate 250 reward points to get a $5 certificate.

What can Best Buy Rewards be used for?

Best Buy Rewards can be used to help pay for any purchase at Best Buy stores or online at