Received an offer for the Best Buy Credit Card

IcEWoLF · ‎11-25-2014

So today I received an email from Best Buy about getting their Rewards Credit Card, its a pre-selected offer based on what I see on the page when I opened it.

Anyways, the offer is spend $500 in the first two months and I would get a $100 Gift Certificate...I am not sold on this card yet. I have the Discover it card and the chase freedom card, so how would I benefit from this card other than the bonus?

This year I already got quiet a few cards:

Citi Double Cash

Discover IT Chrome

FNBO AMEX

The above three I got approved last month, not sure if I should app for any other cards at this time.

chalupaman · ‎11-25-2014

@IcEWoLF wrote:
So today I received an email from Best Buy about getting their Rewards Credit Card, its a pre-selected offer based on what I see on the page when I opened it.
Anyways, the offer is spend $500 in the first two months and I would get a $100 Gift Certificate...I am not sold on this card yet. I have the Discover it card and the chase freedom card, so how would I benefit from this card other than the bonus?

This year I already got quiet a few cards:
Citi Double Cash
Discover IT Chrome
FNBO AMEX

The above three I got approved last month, not sure if I should app for any other cards at this time.

I think you might have answered on your own question. And if you already use Shop Discover for Best Buy, you're already getting 5% cashback anyway through that. Unless you wanna take advantage of the financing offers, I don't see much use for the card other than a way to get in with Citi.

Tradelines: Macy’s - $18k, Penfed Power Cash Rewards - $10k, Ethan Allen (TD Bank) - $5.7k, Kay Jewelers - $5.5k, Appliances Connection - $5.3k, Jared - $5.25k, Best Buy (Citi) - $5k, Dell Preferred Account - $3.5k, Samsung - $3.2k, Firestone CFNA - $3.2k, Capital One Platinum - $3k, Mercury MC - $2.25k, Williams Sonoma - $2.1k, Wayfair (Fortiva) - $2k, Amazon Store Card - $1.8k, Apple Card - $1.7k, NFCU cashRewards - $1.5k, CareCredit - $1.5k, B&H Photo - $1.5k, Adorama - $1.25k, Ebay MC - $1k, Sam’s Club MC - $1k, American Eagle - $1k, Ollo MC - $600, Mission Lane Visa - $500, NY & Company - $500, Walgreens - $500, Home Depot - $500, Target RED Card - $500, CapOne Secured MC 0 AF - $500, Penfed Overdraft LOC - $500

Current FICOS: Mid 640s-50s on all reports, Ch 7 BK D/C Aug 2019
Starting scores: EX - 534, EQ - 574, TU - 516 | Total TLs: $91k approx | Total Utilization: 17%, getting this back down

takeshi74 · ‎11-25-2014

@IcEWoLF wrote:
I am not sold on this card yet. I have the Discover it card and the chase freedom card, so how would I benefit from this card other than the bonus?

That's for you to determine. Wuold you have applied for this card without the offer? Don't just repond to offers -- they're just marketing. Apply for the cards that you need/want.

juggar · ‎11-25-2014

@IcEWoLF wrote:
So today I received an email from Best Buy about getting their Rewards Credit Card, its a pre-selected offer based on what I see on the page when I opened it.
Anyways, the offer is spend $500 in the first two months and I would get a $100 Gift Certificate...I am not sold on this card yet. I have the Discover it card and the chase freedom card, so how would I benefit from this card other than the bonus?

This year I already got quiet a few cards:
Citi Double Cash
Discover IT Chrome
FNBO AMEX

The above three I got approved last month, not sure if I should app for any other cards at this time.

Its a decent card if you shop at BestBuy often. You get 5% back in rewards and then you can also get 3X rewardzone points if you find that promo.

I ended up getting a $70 rewardzone cert on an openbox Macbook(plus 10% off because open box coupon) that I paid $620 to on the bestbuy card. I paid the other 100 in cash.

I ended up getting a 29 inch HDTV for $25 yesterday using that $70 cert and my bestbuy elite status.

Basically, if you know what you're doing it can be a pretty good credit card to have around for those times you buy things at bestbuy.

I didnt get a free $100 when I got mine and I still have it, go ahead and get it OP.

Amex Green, Chase Freedom(7.5K), Nationwide Visa Signature(6K), Chase Sapphire Preferred(6k), Cap One VentureOne visa signature (5K) BoA Cash Rewards siggy (5K), BoA travel rewards visa siggy(5K) PayPal Extras Mastercard(5K), Capital One QuickSilver(2.25K) Newegg Preferred Account(2K), Citi Forward(3.4K), Dell Account(2K) Discover IT(2.4K), Chase Slate (1.5K) Citi Diamond Preferred ($800), BestBuy Mastercard ($1500),Bill-Me-Later(1.2K), ,Barclay Mastercard(2K). TigerDirect TigerPay(3.15K), Wal-mart credit card(3.9K), Amazon store card (2K)

equifax - 720, TU - 747, Exp - 734 - report date 11/24/2014
15+ inqs...

coldnmn · ‎11-25-2014

@takeshi74 wrote:
@IcEWoLF wrote:
I am not sold on this card yet. I have the Discover it card and the chase freedom card, so how would I benefit from this card other than the bonus?
That's for you to determine. Wuold you have applied for this card without the offer? Don't just repond to offers -- they're just marketing. Apply for the cards that you need/want.

+1

Discover IT $17k / US Bank Ace (VSig) $13.5K / US Bank Cash+ (VSig) $13.5k
Sam's Mastercard $15k / Walmart Mastercard $10k / Blispay $7.5k PayPal Ex MC $10.8k
CareCredit 5k / Husq $5k / Cap1 QS $4.5k / Barclay Ring $5.35k / Citi DC (WMC) $12k
Gardening Date 7/01/16 / MyFico 08: EQ 801 / TU 777 / EX 771 / 06/08/17

IcEWoLF · ‎11-26-2014

@chalupaman wrote:
@IcEWoLF wrote:
So today I received an email from Best Buy about getting their Rewards Credit Card, its a pre-selected offer based on what I see on the page when I opened it.
Anyways, the offer is spend $500 in the first two months and I would get a $100 Gift Certificate...I am not sold on this card yet. I have the Discover it card and the chase freedom card, so how would I benefit from this card other than the bonus?

This year I already got quiet a few cards:
Citi Double Cash
Discover IT Chrome
FNBO AMEX

The above three I got approved last month, not sure if I should app for any other cards at this time.
I think you might have answered on your own question. And if you already use Shop Discover for Best Buy, you're already getting 5% cashback anyway through that. Unless you wanna take advantage of the financing offers, I don't see much use for the card other than a way to get in with Citi.

Hmm, but the Discover one is only if you shop online right? Not in store correct?

chalupaman · ‎11-26-2014

@IcEWoLF wrote:
@chalupaman wrote:
@IcEWoLF wrote:
So today I received an email from Best Buy about getting their Rewards Credit Card, its a pre-selected offer based on what I see on the page when I opened it.
Anyways, the offer is spend $500 in the first two months and I would get a $100 Gift Certificate...I am not sold on this card yet. I have the Discover it card and the chase freedom card, so how would I benefit from this card other than the bonus?

This year I already got quiet a few cards:
Citi Double Cash
Discover IT Chrome
FNBO AMEX

The above three I got approved last month, not sure if I should app for any other cards at this time.
I think you might have answered on your own question. And if you already use Shop Discover for Best Buy, you're already getting 5% cashback anyway through that. Unless you wanna take advantage of the financing offers, I don't see much use for the card other than a way to get in with Citi.

Hmm, but the Discover one is only if you shop online right? Not in store correct?

I believe so.

Tradelines: Macy’s - $18k, Penfed Power Cash Rewards - $10k, Ethan Allen (TD Bank) - $5.7k, Kay Jewelers - $5.5k, Appliances Connection - $5.3k, Jared - $5.25k, Best Buy (Citi) - $5k, Dell Preferred Account - $3.5k, Samsung - $3.2k, Firestone CFNA - $3.2k, Capital One Platinum - $3k, Mercury MC - $2.25k, Williams Sonoma - $2.1k, Wayfair (Fortiva) - $2k, Amazon Store Card - $1.8k, Apple Card - $1.7k, NFCU cashRewards - $1.5k, CareCredit - $1.5k, B&H Photo - $1.5k, Adorama - $1.25k, Ebay MC - $1k, Sam’s Club MC - $1k, American Eagle - $1k, Ollo MC - $600, Mission Lane Visa - $500, NY & Company - $500, Walgreens - $500, Home Depot - $500, Target RED Card - $500, CapOne Secured MC 0 AF - $500, Penfed Overdraft LOC - $500

Current FICOS: Mid 640s-50s on all reports, Ch 7 BK D/C Aug 2019
Starting scores: EX - 534, EQ - 574, TU - 516 | Total TLs: $91k approx | Total Utilization: 17%, getting this back down

Anonymous · ‎11-26-2014

@IcEWoLF wrote:
So today I received an email from Best Buy about getting their Rewards Credit Card, its a pre-selected offer based on what I see on the page when I opened it.
Anyways, the offer is spend $500 in the first two months and I would get a $100 Gift Certificate...I am not sold on this card yet. I have the Discover it card and the chase freedom card, so how would I benefit from this card other than the bonus?

This year I already got quiet a few cards:
Citi Double Cash
Discover IT Chrome
FNBO AMEX

The above three I got approved last month, not sure if I should app for any other cards at this time.

I'd probably do it if i'd run out of potential bonuses to take advantage of with more prime-like ventures. Then again, when am I not at Best Buy? I live across the highway from one!