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Frequent Contributor
Boonie
Posts: 267
Registered: ‎02-08-2010
0

New BestBuy MC

I received a letter stating I am getting a new Best Buy MC.  The card pictured looks essentially the same, we will see what the real one looks like.  

It seems like the Cap1 takeover is now complete.

09/20/14 FICOs, EX 671, EQ 677, TU 701
Established Contributor
CruzImperial
Posts: 867
Registered: ‎07-04-2012
0

Re: New BestBuy MC

I went to best buy this weekend and capone was the one taking the new account apps.
Fico Scores: . Walmart TU 748 . Garden 8/19 2014 .

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Established Contributor
lithium78
Posts: 929
Registered: ‎07-30-2011
0

Re: New BestBuy MC

I wonder if Capital One will ever graduate any cards to no AF.  Considering it's Capital One, I guess I won't hold my breath.


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Current Score: TU: 741 (Discover FICO); EQ: 755 (MyFico) EX: 774 (FAKO)
Goal Score: 800

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Established Contributor
emptypockets
Posts: 989
Registered: ‎02-03-2009
0

Re: New BestBuy MC

I see online, that effective September 2012, they have listed Terms and Conditions for 3 versions of BB Cards:

 

BBRZ Platinum MC (No AF)  - with 17.99 APR (Intro 11.9% for qualified purchases made at account opening, up to 48 mos)

 

BB Consumer (Store) Card (NO AF)  - 25.24 or 27.99 APR, depending on credit worthiness( also eligible for 11.9% for qualified purchases made at acct opening, up to 48 mos)

 

BBRZ Gold Card ($59 AF) - 21.74 APR (also eligible for 11.9% for qualified purchases made at account opening, up to 48 mos). Minimum limit $300

 

I haven't seen the Platinum card listed there for awhile. I know they stopped taking apps for it awhile ago.


CC's: AMEX (4), Alliant Visa, PenFed AMEX, Nordstrom Visa,US Bank Cash+, Chase (5), Huntington Voice, UMB Visa, Nasa FCU Plat Cash Visa, Barclay's Visa, Citi (4), Discover IT, Walmart Discover, Sam's MC, Cabela's Visa, Cap One QS, BOA (2), BMW Visa, Comenity Visa/MC (3), Ebates Visa Siggy, 5/3 RLR MC, Macy's AMEX; Several store cards.

Current Scores: EQ (6/14): 800; TU MyFico (6/14): 814; Walmart TU Fico 08 (10/2014): 813; EX (6/14): 775
Frequent Contributor
Boonie
Posts: 267
Registered: ‎02-08-2010
0

Re: New BestBuy MC

[ Edited ]

My BestBuy Gold MC (surprisingly) has no annual fee.  Hopefully, I am upgraded to a Platinum card.

09/20/14 FICOs, EX 671, EQ 677, TU 701
Senior Contributor
jsucool76
Posts: 3,585
Registered: ‎12-11-2011
0

Re: New BestBuy MC


Boonie wrote:

My BestBuy Gold MC (surprisingly) has no annual fee.  Hopefully, I am upgraded to a Platinum card.


Cap1 unlike most people in the subprime market isn't that huge on AFs. All their subprime cards have AFs, but they're not really that astronomical compared to some others out there, so I wouldn't be surprised if cap1 dumped the AF on a store card. 

Mega Contributor
LS2982
Posts: 15,434
Registered: ‎04-09-2011
0

Re: New BestBuy MC


CruzImperial wrote:
I went to best buy this weekend and capone was the one taking the new account apps.

Thats been in place for a few months now.

 




Silver Spade Garden Club Member - Last App 12/16/13 - Looking for a clean slate NO INQ's / Diamond Inspired!
Starting Score:
EX (PLUS) 583 EQ FICO 565 TU FICO 590 3/15/2011 / Goal Scores: 720
Current Score: EX FICO (PSECU) 671 (myFICO) N/A / EQ FICO 679 / TU08 FICO 678 / TU VS 706 3/6/2014
Established Contributor
gettnthere
Posts: 912
Registered: ‎06-14-2012
0

Re: New BestBuy MC


jsucool76 wrote:

Boonie wrote:

My BestBuy Gold MC (surprisingly) has no annual fee.  Hopefully, I am upgraded to a Platinum card.


Cap1 unlike most people in the subprime market isn't that huge on AFs. All their subprime cards have AFs, but they're not really that astronomical compared to some others out there, so I wouldn't be surprised if cap1 dumped the AF on a store card. 


+1000, As much as Cap1 gets on my dang nerves sometimes they are a great lender for people who are looking to Build/Re-Build. They Def helped me out 3 years ago. I think if Cap1 would loosen their grip on Their CLI policy and UN-Willingness to grow with cardmembers, they would look much more appealing to Everyone :smileywink:



Starting Score: EQ 609, EX 633(Fako), TU 700
Current Score: EQ 699, EX 758, TU 733
Goal Score: 720 across the board
Garden Club Member-GC Challenge: App free since 10/31/12 :smileywink:
Established Contributor
lithium78
Posts: 929
Registered: ‎07-30-2011
0

Re: New BestBuy MC

I used Cap One when I was rebuilding, but my beef with them is that they almost never graduate their cards once you have rebuilt.  You have to re-apply and take a hit on all three CRAs if you want their better cards.  It's terrible business.


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Valued Contributor
mxp114
Posts: 1,362
Registered: ‎09-01-2011
0

Re: New BestBuy MC

Does the letter mention any other changes? New acct number? Terms? I'm actually surprised they didn't replace Gold with Platinum and Platinum with World. The APR tier is high too 17.99%, expected them to offer a range like the other reward cards of 12.9% and up.


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