topic Re: myBestBuy MC in Credit Cards

myBestBuy MC

VirusCredit13 — Wed, 02 Apr 2014 18:38:09 GMT

What are opinions on this card, last time I was there they offered $20 off purchase just for applying. Figured $20 sign up bonus really isn't worth it and I could try again later. Its a card I had on my to do list because I shop there often but there are a lot of better cards out there.

The $59 AF is only if you get the Gold version right? No fee if you get platinum, or is it other way around?

I'm thinking US Bank card would be better since you can get 5% cash back on electronic stores anyways, and still get the standard 1 point per dollar for the paper reward card.

Anyone with any opinions on the BestBuy MC?

Re: myBestBuy MC

yudeology101 — Wed, 02 Apr 2014 18:50:45 GMT

I got this card last year as a start of my healthy rebuilding stage, they started me out w/ $300 limit. At the time it was backed by Cap1, but since they have taken over by Citi i no auto luvs just yet and i'm approaching my 1yr. I took a HP early this year and now it's at $750. The reward system isn't all that great, but i still use the card to autopay one of my bills, and every two months i have enough points for them to send me the $5 certificate lol

If you shop at Best Buy alot, you can definitely rack up some points threre...i've purchased my Macbook last year and received $50 certificate and they've upgraded my status to "Elite".

Conclusion: Pretty stingy w/ CLIs, mediocre reward system

::edited for typo::

Re: myBestBuy MC

Ron1 — Wed, 02 Apr 2014 19:18:12 GMT

The Best Buy MC gives you either 5% or 6,18 months no interest financing. It is good have if you qualify for Platinum. I think Best Buy store card is better than MC. It doesn't have AF. It also give 5% in rewards points or financing. They are good cards to have.

Ron.

Re: myBestBuy MC

yudeology101 — Wed, 02 Apr 2014 19:30:21 GMT

@Ron1 wrote:
The Best Buy MC gives you either 5% or 6,18 months no interest financing. It is good have if you qualify for Platinum. I think Best Buy store card is better than MC. It doesn't have AF. It also give 5% in rewards points or financing. They are good cards to have.

Ron.

For me, this wasn't applied as my credit limit on the card was too low when i purchased my mac at the store. My Macbook was $1300 (before taxes) and my limit was at $300. I asked the rep at the store and see if i can make split payment and still get the no interest financing option on my BB card, but the rep said no the financing applies when the item is purchased solely through the bestbuy card. If you have a high limit, then yes the financing option sounds good, and i agree w/ the store card being better than the MC version (i don't know about the platinum MC)

::edited for typo::

Re: myBestBuy MC

VirusCredit13 — Wed, 02 Apr 2014 19:34:45 GMT

I won't be considering the store card because of the high APR. The MC APR is high enough as it is, store version is just even worse. Only version I would want is the no annual fee MasterCard. I wouldn't be carrying a balance on it regularliry, but every few years maybe a big purchase like a TV or Computer might come around.

Mainly want the card for the bonus points you get for your myBestBuy rewards. Would never use the financing option because you lose out on those points if you do so.

Re: myBestBuy MC

Ron1 — Wed, 02 Apr 2014 19:35:39 GMT

@yudeology101 wrote:
@Ron1 wrote:
The Best Buy MC gives you either 5% or 6,18 months no interest financing. It is good have if you qualify for Platinum. I think Best Buy store card is better than MC. It doesn't have AF. It also give 5% in rewards points or financing. They are good cards to have.

Ron.
For me, this wasn't applied as my credit limit on the card was too low when i purchased my mac at the store. My Macbook was $1300 (before taxes) and my limit was at $300. I asked the rep at the store and see if i can make split payment and still get the no interest financing option on my BB card, but the rep said no the financing applies when the item is purchased solely throught the bestbuy card. If you have a high limit, then yes the financing option sounds good, and i agree w/ the store card being better than the MC version (i don't know about the platinum MC)

::edited for typo::

Sorry to hear. I have both cards. I put major purchase on my store card and MC to earn rewards zone points. Do they offer any other financing plans? My local BBY stores offer Gensis Credit. I heard they're pretty easy to qualify. They gives you up to $1200 CL to buy. They pulled TU.

Most people don't like MC. It has AF. I got approved for $59AF Gold MC many years ago. I told them to close it. I prefer the store card instead of MC. There is really nothing specail about Platinum MC. It has no AF. It has lower APR. 17.99% is still high to carry any balance.

Ron.

Re: myBestBuy MC

yudeology101 — Wed, 02 Apr 2014 19:40:32 GMT

@Ron1 wrote:
@yudeology101 wrote:
@Ron1 wrote:
The Best Buy MC gives you either 5% or 6,18 months no interest financing. It is good have if you qualify for Platinum. I think Best Buy store card is better than MC. It doesn't have AF. It also give 5% in rewards points or financing. They are good cards to have.

Ron.
For me, this wasn't applied as my credit limit on the card was too low when i purchased my mac at the store. My Macbook was $1300 (before taxes) and my limit was at $300. I asked the rep at the store and see if i can make split payment and still get the no interest financing option on my BB card, but the rep said no the financing applies when the item is purchased solely throught the bestbuy card. If you have a high limit, then yes the financing option sounds good, and i agree w/ the store card being better than the MC version (i don't know about the platinum MC)

::edited for typo::
Sorry to hear. I have both cards. I put major purchase on my store card and MC to earn rewards zone points. Do they offer any other financing plans? My local BBY stores offer Gensis Credit. I heard they're pretty easy to qualify. They gives you up to $1200 CL to buy. They pulled TU.

Most people don't like MC. It has AF. I got approved for $59AF Gold MC many years ago. I told them to close it. I prefer the store card instead of MC. There is really nothing specail about Platinum MC. It has no AF. It has lower APR. 17.99% is still high to carry any balance.

Ron.

Ooo thanks for the info, Ron! This sounds tempting, i'll def. look into it next time. And yea, the APR is hefty and the no interest financing option sounded soooo good at first, until you are told otherwise because your limit on the card is low to qualify. I may close my card, but I've already wasted 2HPs for it (1 for approval, 1 for CLI) so i'll see when my 1yr anniversary approaches. I wonder if I can PC my Gold to Platinum?

Re: myBestBuy MC

VirusCredit13 — Wed, 02 Apr 2014 19:43:57 GMT

@Ron1 wrote:
Most people don't like MC. It has AF. I got approved for $59AF Gold MC many years ago. I told them to close it. I prefer the store card instead of MC. There is really nothing specail about Platinum MC. It has no AF. It has lower APR. 17.99% is still high to carry any balance.

When you got approved did you have option to not accept it or take just store card instead?

I'd hate to apply and be forced to have a newaccount that I am going to want to immediately close if its the gold version.

Re: myBestBuy MC

Ron1 — Wed, 02 Apr 2014 19:58:00 GMT

@VirusCredit13 wrote:
@Ron1 wrote:
Most people don't like MC. It has AF. I got approved for $59AF Gold MC many years ago. I told them to close it. I prefer the store card instead of MC. There is really nothing specail about Platinum MC. It has no AF. It has lower APR. 17.99% is still high to carry any balance.
When you got approved did you have option to not accept it or take just store card instead?

I'd hate to apply and be forced to have a newaccount that I am going to want to immediately close if its the gold version.

I don't think you can choose the store card only by applying online. I think you can do it inside the store.

Ron.

Re: myBestBuy MC

Ron1 — Wed, 02 Apr 2014 20:03:21 GMT

@yudeology101 wrote:
@Ron1 wrote:
@yudeology101 wrote:
@Ron1 wrote:
The Best Buy MC gives you either 5% or 6,18 months no interest financing. It is good have if you qualify for Platinum. I think Best Buy store card is better than MC. It doesn't have AF. It also give 5% in rewards points or financing. They are good cards to have.

Ron.
For me, this wasn't applied as my credit limit on the card was too low when i purchased my mac at the store. My Macbook was $1300 (before taxes) and my limit was at $300. I asked the rep at the store and see if i can make split payment and still get the no interest financing option on my BB card, but the rep said no the financing applies when the item is purchased solely throught the bestbuy card. If you have a high limit, then yes the financing option sounds good, and i agree w/ the store card being better than the MC version (i don't know about the platinum MC)

::edited for typo::
Sorry to hear. I have both cards. I put major purchase on my store card and MC to earn rewards zone points. Do they offer any other financing plans? My local BBY stores offer Gensis Credit. I heard they're pretty easy to qualify. They gives you up to $1200 CL to buy. They pulled TU.

Most people don't like MC. It has AF. I got approved for $59AF Gold MC many years ago. I told them to close it. I prefer the store card instead of MC. There is really nothing specail about Platinum MC. It has no AF. It has lower APR. 17.99% is still high to carry any balance.

Ron.
Ooo thanks for the info, Ron! This sounds tempting, i'll def. look into it next time. And yea, the APR is hefty and the no interest financing option sounded soooo good at first, until you are told otherwise because your limit on the card is low to qualify. I may close my card, but I've already wasted 2HPs for it (1 for approval, 1 for CLI) so i'll see when my 1yr anniversary approaches. I wonder if I can PC my Gold to Platinum?

You're welcome. Both MC and store card offer either 5% or no interest financing. i don't think they could upgrade right now Many got upgrade from Gold to Platinum last year when Citi took over. I heard someone got $1K for Platinum. The credit limit is so low. You cannot finance anything. Do they offer any alternative financing option other BBY card?

Ron.

Re: myBestBuy MC

B335is — Wed, 02 Apr 2014 20:23:49 GMT

Who does Citi HP for this one generally? Is it similar pulls to Citibank issued cards? They like to pull my EX, but ive never had a Citi "store" card.

Re: myBestBuy MC

Ron1 — Wed, 02 Apr 2014 20:28:47 GMT

@B335is wrote:
Who does Citi HP for this one generally? Is it similar pulls to Citibank issued cards? They like to pull my EX, but ive never had a Citi "store" card.

They pulled either EXP or EQ.

Ron.

Re: myBestBuy MC

yudeology101 — Wed, 02 Apr 2014 21:23:05 GMT

@Ron1 wrote:
@yudeology101 wrote:
@Ron1 wrote:
@yudeology101 wrote:
@Ron1 wrote:
The Best Buy MC gives you either 5% or 6,18 months no interest financing. It is good have if you qualify for Platinum. I think Best Buy store card is better than MC. It doesn't have AF. It also give 5% in rewards points or financing. They are good cards to have.

Ron.
For me, this wasn't applied as my credit limit on the card was too low when i purchased my mac at the store. My Macbook was $1300 (before taxes) and my limit was at $300. I asked the rep at the store and see if i can make split payment and still get the no interest financing option on my BB card, but the rep said no the financing applies when the item is purchased solely throught the bestbuy card. If you have a high limit, then yes the financing option sounds good, and i agree w/ the store card being better than the MC version (i don't know about the platinum MC)

::edited for typo::
Sorry to hear. I have both cards. I put major purchase on my store card and MC to earn rewards zone points. Do they offer any other financing plans? My local BBY stores offer Gensis Credit. I heard they're pretty easy to qualify. They gives you up to $1200 CL to buy. They pulled TU.

Most people don't like MC. It has AF. I got approved for $59AF Gold MC many years ago. I told them to close it. I prefer the store card instead of MC. There is really nothing specail about Platinum MC. It has no AF. It has lower APR. 17.99% is still high to carry any balance.

Ron.
Ooo thanks for the info, Ron! This sounds tempting, i'll def. look into it next time. And yea, the APR is hefty and the no interest financing option sounded soooo good at first, until you are told otherwise because your limit on the card is low to qualify. I may close my card, but I've already wasted 2HPs for it (1 for approval, 1 for CLI) so i'll see when my 1yr anniversary approaches. I wonder if I can PC my Gold to Platinum?
You're welcome. Both MC and store card offer either 5% or no interest financing. i don't think they could upgrade right now Many got upgrade from Gold to Platinum last year when Citi took over. I heard someone got $1K for Platinum. The credit limit is so low. You cannot finance anything. Do they offer any alternative financing option other BBY card?

Ron.

Unfortunately not, the rep at the store told me that there were no other available options for financing. I'm looking to purchase another mac sometime this year for editing, so i'm gonna keep my card and see if they can bump up the CL to $5k(hopefully) so that i can utilize that no interest financing offer.

Re: myBestBuy MC

Involver — Wed, 02 Apr 2014 21:33:21 GMT

Got this card to rebuild, kept it for three years, they wouldn't raise the CL or waive my AF even when I got over 750, so I got rid of it. Served its purpose but didn't seem to be a product that grew at all.