My Best Buy Visa Card

If you buy electronics at Best Buy regularly, this Citi-issued Visa earns up to 5% back there (the rate is tied to your My Best Buy membership tier) and works anywhere Visa is accepted, with no annual fee. The trap is the deferred-interest financing on big purchases: miss the payoff window and you're charged back-interest from day one, which can dwarf any rewards, so only use it if you'll clear the balance in full. Rewards come as Best Buy certificates, so they're really store credit. If you only shop Best Buy occasionally, a flat cash-back card is more flexible; confirm the current rate tiers and financing terms on Best Buy's site.

My Best Buy Visa Card at a glance

Rewards & perks

• The highest rewards rate at Best Buy
• Promotional financing on big-ticket electronics
• Rewards arrive as Best Buy certificates

Pros

• Carries no yearly fee
• Healthy Best Buy rewards
• Works anywhere that takes Visa

Cons

• Deferred-interest financing bills back-interest if you do not pay in full
• Rewards are mostly handy at Best Buy
• The top rate is tied to paid membership tiers

Who should apply

• A good credit score
• A Best Buy account or membership
• Enough income to back the credit line

Before you apply: card terms change often. Confirm the current annual fee, APR, welcome offer and rewards on the official Best Buy site. CreditCardCompare is an independent comparison resource, not the card issuer, and this is not financial advice.