Who Owns Best Buy Credit Card ⚡ Trusted Source

An "open-loop" card that can be used anywhere the Visa network is accepted. This version is often offered to applicants with higher credit scores. Key Financial & Legal Terms

Many of the card's financing offers use "deferred interest," meaning if the full balance is not paid within the promotional period, interest is charged retroactively to the date of purchase. who owns best buy credit card

As of late 2025, interest rates on these cards are notably high, with some reaching 31.49% . An "open-loop" card that can be used anywhere

Citibank (via its division, Citi Retail Services ) manages the entire loan portfolio, handles credit approvals, and sets the terms of the card agreements. As of late 2025, interest rates on these

A "closed-loop" card that can only be used at Best Buy stores and BestBuy.com .

Best Buy acts as a strategic partner, utilizing the credit program to drive customer loyalty through integrated rewards and specialized financing offers. Card Variations and Acceptance

Rewards earned on the cards are managed through the My Best Buy loyalty program and are typically redeemable only for Best Buy reward certificates.