03-19-2013 11:29 AM
I would skeptical of a card that has changed who is backed by like 3 or 4 times. It is being bought out by Citigroup so it won't be backed by capital one for long. I don't think this company is going to last too much longer. Something is obviously wrong if it keeps getting handed over to another ccc.
Just my two cents. You can do as you please
Actually, the company is making enough money overseas to last at least 10 years even if the "American" Best Buy was bankrupt now..
Their shares are also up by $15 in the past 2 months. this shows at least an interest I'd believe?
03-19-2013 11:40 AM
Decisions decisions! Lol I guess another reason why I am hesitant, is in addition to getting some new appliances we're gonna have to get some new furniture (upgrading from a one bedroom) for the new place and I know I would definitely like to take advantage of a furniture store credit to get 0%, and I've got my eye on the CSP...just trying to minimize the number of inquiries.
I've even thought of just putting our Best Buy purchases on another card that I already have so that at least we get the employee discount, but then we don't get the 0%! And yes we have the cash to pay but the timing of the move didn't pan out too well so we're gonna already be paying rent essentially for two places next month, on top of a vacation that was already scheduled way last year before we decided to move...so next month will just be an unusually high spending month and would rather not add more on top of it so having the ability to pay over time would make me feel better.
Let me add this to the discussion...we're hoping to move into a house around next summer. If I do all these inquiries now will that hurt my home loan application (we want to build so lets say we would have to apply maybe beginning of 2014)? I know from other boards that during the home loan process they do not want to see any inquiries, but what about before?
03-19-2013 12:05 PM
I was just approved for this card 2 weeks ago. it was only 1 hard pull on EQ in store. 1500CL. upon getting card in the mail I set up the online access to the account and hit the CLI button imput my income info and they gave me another 700 bringing total to 2200. the cli was a soft pull
03-19-2013 12:28 PM
OK, here is another slightly off tip. If you have discover or can get approved for discover, you probably don't want Best Buy card. Discover has flat 5% cash back on best buy when you order online from discover site.
I always order everything online and choose store pickup. This way I get my 5% as-well-as 2% RZ points.
If your key reason to get a bestbuy card is finance, that's a different thing.
Forums posts are not provided or commissioned by FICO. Forums posts have not been reviewed, approved or otherwise endorsed by FICO. It is not FICO's responsibility to ensure all posts and/or questions are answered.† Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.
* For complete information, see the terms and conditions on the credit card issuer’s website. Once you click apply for this card, you will be directed to the issuer’s website where you may review the terms and conditions of the card before applying. While myFICO always strives to present the most accurate information, we show a summary to help you choose a product, not the full legal terms - and before applying you should understand the full terms of products as stated by the issuer itself.
IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more
FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.