It's possible that you hit the wrong button, but more likely, this was their decision. They shunt you over to the MC if you don't qualify for the store card. 
It's not a very good card, because no one can get a decent CL out of them, so it's pretty hard to use on the shiny toys at Best Buy. I'll let others with personal experience add on.
It's not a very good card, because no one can get a decent CL out of them, so it's pretty hard to use on the shiny toys at Best Buy. I'll let others with personal experience add on.
At least you got approved for one of their cards. I applied last weekend in store and was denied. I wasn't offered any of their other cards either. I was shocked so I called HSBC to find out why exactly I was denied. They said I had a Comp USA card about 10 years ago that was never paid in full. I asked them what that had to do with them as I did not obtain the Comp USA card issued by them, but instead Household Bank, and this account was deleted from my CRs roughly 4 years ago. They said they bought out Household Bank some years ago. Should have known. I kept getting offers from HSBC, only to be declined when I did apply. It's fine with me. They can hold a grudge as long as they'd like. I'm not paying that debt and I don't need any of their cards anyway. I shop at Best Buy all the time so I thought the 18 months interest-free financing was a good deal on a 32" HDTV I was buying as a Christmas gift.
Oh well. It wasn't my first decline and I'm sure it won't be my last!
Sucks that I got a 3 point ding on my EQ report for the INQ though. I had just got a 3 point ding because WaMu pulled a fast one on me by cutting my statement early before my payment hit my account, posting a high balance. Down to 694 now!
Oh well. It wasn't my first decline and I'm sure it won't be my last!
Sucks that I got a 3 point ding on my EQ report for the INQ though. I had just got a 3 point ding because WaMu pulled a fast one on me by cutting my statement early before my payment hit my account, posting a high balance. Down to 694 now!
Keep aiming for that $10K CC. You'll get it in no time! 
@haulingthescoreup wrote:
It's possible that you hit the wrong button, but more likely, this was their decision. They shunt you over to the MC if you don't qualify for the store card.
It's not a very good card, because no one can get a decent CL out of them, so it's pretty hard to use on the shiny toys at Best Buy. I'll let others with personal experience add on.
I didn't realize that it worked that way. I assumed that all store card applications worked the same as, say, a Target or Nordstrom application -- you receive the charge card if you don't qualify for the credit card.
In addition to the problem you mentioned, the other thing that sounds very frustrating about this card is the reports that I've read where you might be put into a tier where it'll be very hard (maybe impossible) to qualify for a CLI.
How's the average Best Buy shopper supposed to be aware of these pitfalls when they've got the pressures of a line of customers behind them and an employee in front of them urging them to hurry up on applying, paying, and exiting the line.
The Best Buy cards are the only ones I know of that are like this --where the store card is better than the co-branded bank card.
Unfortunately, HSBC treats the MC like many of their other bank cards --low CL's, hard to get CLI's. But Best Buy must have put its foot down on the store card. They sell so much expensive stuff that they know that the store card would be useless with a typical $500 CL, and they would lose sales.
I accidentally got a store card while experimenting with their online app (I swear, they never once warned there was a hard inq!
), and it has a CL of $2500. I've seen better than that on the store card, but nothing close to that on the MC.
And the store card updates on its statement date, but I'm pretty sure that the BB MC updates on the last business day of the month, reporting the balance as of that moment, which matches the pattern of other HSBC/ Orchard bank cards.
Unfortunately, HSBC treats the MC like many of their other bank cards --low CL's, hard to get CLI's. But Best Buy must have put its foot down on the store card. They sell so much expensive stuff that they know that the store card would be useless with a typical $500 CL, and they would lose sales.
I accidentally got a store card while experimenting with their online app (I swear, they never once warned there was a hard inq!
), and it has a CL of $2500. I've seen better than that on the store card, but nothing close to that on the MC.And the store card updates on its statement date, but I'm pretty sure that the BB MC updates on the last business day of the month, reporting the balance as of that moment, which matches the pattern of other HSBC/ Orchard bank cards.