My Best Buy® Visa®
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My Best Buy® Visa®
- 5% back in rewards at Best Buy OR deferred financing on purchases of $199 and higher.
- Additional bonus categories for eligible purchases
- 1% back in rewards on all other purchases
- Points don’t expire as long as your account is active
- Spend $3,500 per year to reach Elite Plus status and earn 1.25 points per $1 spent at Best Buy
- Reward Certificates are emailed when you reach 250 points
- Choose between rewards or special financing offers
- Annual fee of $0 or $59, depending on creditworthiness
Use the My Best Buy® Visa® (formerly the My Best Buy™ Mastercard) for deferred financing on eligible Best Buy merchandise or to earn rewards.
You’ll get 5% back in rewards for Best Buy purchases (6% back for My Best Buy Elite members), or you can choose a deferred financing plan for purchases of $199 or more. However, these deferred financing plans can be dangerous because if you don’t pay back the entire balance in full by the end of the term, or if you make a late payment, you’ll be charged interest on the full balance going all the way back to the purchase date.
When applying for this card, you’ll first be considered for the My Best Buy Platinum Visa. If you don’t qualify for that, you’ll next be considered for the My Best Buy® Credit Card; then you’ll be considered for the My Best Buy Gold Visa.
The My Best Buy Gold Visa has a $59 annual fee, but if you cancel the card within 30 days you won’t have to pay the fee. The other versions of this card have no annual fee.
Can I get cash with my Best Buy Visa?
You may be able to get cash out of an ATM with your Best Buy Visa as a cash advance, but this will be very expensive and we do not recommend it. Learn about how cash advances work here.
The information related to My Best Buy® Visa® has been collected by Credit Card Insider and has not been reviewed or provided by the issuer or provider of this product.