With the My Best Buy® Credit Cards, you can take advantage of various financing offers. The number is, card’s minimum requirements is far from the ticket to high approval odds. Citibank issues all the Best Buy® Credit Cards, so you’ll have to go through them. And there are other things besides … read full answeryour credit score that matter for Best Buy Store Card approval. . Khol’s, Walmart, and Target (which also has a very high limit). If you’re using too much of your existing revolving credit, it’s a sign that you may not pay them back. And you’ll need to convince them that your credit or income is actually better than it appeared on your application. Home Improvement Stores 3. If you want to request a paper copy of these disclosures you can call My Best Buy® Credit Card at 1-888-574-1301 and we will mail them to you at no charge. If you are a My Best Buy Elite Plus member, you'll get a 3 point bonus (an additional 1% back in rewards, for a total of 6%) per $1 spent when using a My Best Buy Credit Card with Standard Credit. For every 250 points you receive, you’re eligible for a $5 reward certificate, making your rewards worth 5% cash back. Fair credit is the minimum credit standing required. My score is almost 640 and i current have a capital one secured credit card and a capital one quicksilver. You’ll naturally need more income for the Visa than the Store Card. Hardest-to-Get Store Credit Cards WalletHub Answers is a free service that helps consumers access financial information. and another for emergency reasons.The others are only department store cards. You need to have a credit score wel above 700 to get approved for either one of the Best Buy credit cards. . With both cards, you can choose between cashback rewards or flexible financing. For the store version, it's a bit more lenient, around 640. 1. And there are other things besides. WalletHub members have a wealth of knowledge to share, and we encourage everyone to do so while respecting our. Your Best Buy credit card approval odds are pretty good as long as your credit score is at least 640. That’ll show how much you’re still free to spend. Citibank issues all the Best Buy® Credit Cards, so you’ll have to go through them. As with most store cards, your Best Buy store card approval odds are high if you have at least fair credit (a minimum credit score of 640). To fill out a Best Buy credit card application in store, head to your nearest Best Buy location. Wallethub doesn’t charge for this service. So, what credit score do you need for a Best Buy credit card? Citibank is EXTREMELY snobby. But you don’t have to do the check online if calling is more convenient. My credit score is 704 and my FICO score is 646. Exactly what Citi, the issuer, looks for isn’t public knowledge, of course. The average credit score is around 680. Best Buy’s plastic line is no exception when it comes to APRs. I already have two mainstream credit cards, one with a semi-high limit (which I only use for educational purposes such as books etc.) First posted on 05/17/19 , which you can use anywhere. It’s also important to make sure that you haven’t applied for too much credit in the recent past. What are my Capital One Venture card benefits? Even a month can make a big difference. I am in need of a new computer and I wanted to take advantage of Best Buy’s financing offers but I wasn’t sure if getting a beat buy credit card would negatively impact my credit. If not, you may want to take some time to improve it. The 5% back in store credit is a really good rewards rate. The other three Best Buy credit cards namely the Platinum, Preferred, and Gold Visa, all require a minimum good credit score.Since the best buy card is not associated with any major financial card networks such as MasterCard, visa, etc., it is not accepted everywhere outside Best buy.. My best buy store credit cards have no … But the My Best Buy® Credit Card can only be used in the store or on the company’s website. Fast and easy application process; response … Enter your cell phone number and we’ll send you a link to install the WalletHub app. However, our web content may be different than the information you receive from a financial institution or service provider. Our #1 priority is you, our reader. But if you don’t get that version, you’ll be automatically considered for the Best Buy Store Card, which requires fair credit, or a score of 640+. If you don’t have it handy, Best Buy can look it up with your name and SSN. Finally, the site may receive compensation from third-party advertisers. Before choosing any financial product, read all information, including terms and conditions from the financial service provider. Yes, you’re going to want a 640+ credit score for Best Buy Store Card approval. There are actually two Best Buy credit cards, a Visa and a store card that you can only use at Best Buy. At the end of the day, you need more than just a good enough score, your income will also come into play. But things like your employment status and how many other cards you’ve opened recently have been known to play a role. Information on WalletHub Answers is provided “as is” and should not be considered financial, legal or investment advice. If you have bad credit, you may want to consider a secured credit card instead. Creditors must confirm your ability to pay before approving you for an account. How Much Should Your 401(k) Contribution Be? Best Buy: Financing purchases in-store Best Buy credit card promotional financing. Total Visa® Card. I can only assume that they only want someone with an EXTREMLY high income to approve. , Speaker / Smart is.. author / Us vs Our habits / promotor / Sales 101 to 100 k /, use only at Best Buy, aren’t as strict as those for the. If your application is approved, you can expect your new card to arrive by mail within 10 business days. A common offer is to receive a total 10% back in Best Buy points on your first day of purchases when you are approved for the card. 05/14/18. Opinions expressed here are the author’s and/or WalleHub editors'. WalletHub does not endorse any particular contributors and cannot guarantee the quality or reliability of any information posted. @kronoso1979 But watch out, because some cards have terms that prevent you from earning rewards on gift cards. Getting approved for a credit card requires a little planning. And barely meeting a card’s minimum requirements is far from the ticket to high approval odds. Are you thinking about applying for the Best Buy card? i had a chapter 7 bankruptcy. The Dillard’s Credit Card rewards cardholders 2X points for every dollar … The company sells many electronics, including sound systems, televisions, computers, and video games. , too. Having too many credit inquiries can lessen your chances of getting approved. Get this card if… you’re a frequent Best Buy shopper. Standard message rates apply. Still, store cards like the Best Buy one aren’t beyond the average person’s reach. But the requirements for the Best Buy Store Card, which you can use only at Best Buy, aren’t as strict as those for the … read full answerBest Buy Visa, which you can use anywhere. But if it’s more than a minor fix, you might want to put a deposit on a secured credit card and use that for credit rebuilding purposes until you get into the fair credit range. You don’t get to pick, though. I manage to shop quite frequently at each and every one of the stores I mentioned and have the bills paid off each and every month. Are you thinking about applying for the Best Buy card? Upon application review, some people will be approved instantly. The average credit score is around 680. The My Best Buy Credit Card does one thing really well: get you rewards that you can later spend at Best Buy. The card also can be used anywhere Visa cards are accepted. You also need to be at least 18 years old and have both a U.S. address and an SSN. The minimum recommended credit score for this credit card is 600. Then you can use that gift card to shop at the first store. Shop for best buy store card at Best Buy. In addition, it is not any company’s responsibility to ensure all questions are answered. Your odds of Best Buy Visa approval will only be good if your credit score is at least 700. *Get 2.5 points per $1 spent (5% back in rewards) on qualifying Best Buy® purchases when you choose Standard Credit with your Best Buy Credit Card. Capital One and Discover have good ones. If you’re approved, your card should already be on its way. It's simple: we will never steer you in the wrong direction just because a company offers to pay us. And you’ll need to convince them that your credit or income is actually better than it appeared on your application. Here are the Best Buy credit card requirements: Overall, the Best Buy credit card requirements aren’t too bad if you’re just looking to get the Store Card. If more than 10 business days go by, you should call the Best Buy® Credit Card Center again to check in.If you’re denied, you can always ask for reconsideration. How do I check my Best Buy credit card application status? null. Best Buy is an American consumer electronics company that was founded in 1966. We are able to present this information to you free of charge because some of the companies featured on our site compensate us. Use a credit card at a different store to buy a gift card for that first store, earning rewards on the gift card purchase instead. Under this model, a credit score above 740 is considered to be an “excellent” score, which, under our lock-and-key analogy, effectively gives those with a FICO credit score of 740 or better a master key to nearly every credit card lock on the market. Compensation may impact how and where products appear on this site, including the order in which they may appear within listing categories. Points are not awarded on promotional credit … The Verdict I was approved for the platinum visa with a $10,000 credit limit. Do you need a certain credit score for Best Buy store card approval? Credit card issuers want to see a strong credit history, steady income, and low credit utilization. There is just one application for both cards. For example, you’ll need a fair credit score for the Store Card but a good credit score for the Visa. The My Best Buy® Visa® Card lets you earn rewards that can be spent at the store. The number is (888) 201-4523. The average person should be able to meet them. There are actually two Best Buy credit cards, a Visa and a store card that you can only use at Best Buy. The Best Buy credit card credit score requirement is fair credit for the store card and good credit for the Visa. Best Place to Exchange Currency Before, During, & After Your Trip. You also need to be at least 18 years old and have income, or access to it. Our reviews are based on independent research. The Best Buy Visa, however, is quite a bit harder to get. Of course, the lower your credit score, the higher your interest rates. Capital One Platinum CC. When applying for new credit it’s important to know what your credit scores are and what’s on your credit reports.