If I don't qualify for the regular Best Buy store card, I'm just going to pay for the laptop with cash. I have read most people seem to get EQ checked, which would be good for me as I have my best score there. Once my CC payment posts, I should have a fairly solid EQ score. I will just hope for the best. It seems there is not much hope for a recon with the Best Buy card like there is with the Apple Store card. If I am declined, should I even try?
Starting Score: FICO: 587 EX, 594 EQ, 632 TU, 2/15/12; USAA FAKO: 525 EX, 541 EQ, 525 TU, 2/15/12
Creditaddict wrote:High 500's, Low 600's is not going to get you the Best Buy Store Card which has $0 AF.
You are most likely going to get Countered for either Gold or Platinum Best Buy Rewards Zone MasterCard with Annula fee $39-$59 as you saw on website.
I definitely don't expect to get it with my current listed scores. They are a little bit outdated though. Do you know if Best Buy does in fact pull Equifax? My Equifax report is nice and clean and will surely be my best credit score. I am waiting for a payment to my credit card to post which will bring my utilization down to 0% on one card and 2% on the other. At that point, I will be buying an updated FICO, but I would expect it to be at least 650.
Experian will have no baddies by the end of March, but I would rather not wait that long. TransUnion still has 4 baddies until May when it drops to 2 that are there for a couple years. Still working on those last 2 PFDs.
I guess I'll see. Any idea what kind of minimum score would be good enough?
When I applied in the store for a BB card Dec of 2010, I got the store card with a $900CL (Plan A it seems, it's now $1000). I was told it was the best plan they had, I thought the MC would have been the better card until I was told it had an AF and you only got it if the store card didn't approve first. You don't get to pick which one you get, it goes Plan A or B then MC with AF.
I was buying a couple things for a total of around $400 I think and thought I'd see about the 0% and the card deals.
jimbo831 wrote:So if Plan B has a higher rate, is it still eligible for Best Buy's interest free promotions?
Yes if I remebmer right. I just looked through my paperwork, they didn't list my EQ FICO on it anywhere (printout at the store with my terms etc). The pamphlets that came with it all implied that the store accounts can get the "same as cash" promotions (I'm not sure about the MC version).
They also only pulled EQ for me from what I can see.
[EDIT}: A rough guess from what I can see how my scores were looking is that my EQ was probably around lower 600s at best when I applied, not sure though at all. So I would have been in the medium high risk FICO area at the time.
RyVision wrote:
jimbo831 wrote:So if Plan B has a higher rate, is it still eligible for Best Buy's interest free promotions?
Yes if I remebmer right. I just looked through my paperwork, they didn't list my EQ FICO on it anywhere (printout at the store with my terms etc). The pamphlets that came with it all implied that the store accounts can get the "same as cash" promotions (I'm not sure about the MC version).
They also only pulled EQ for me from what I can see.
yes it is because i have the plan b store card and i plan on closing after paying my macbook off...i took the 18months 0% apr to pay it but i plan on paying it off in more like 4 months if not sooner
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