Between the Best Buy Store Card and the Best Buy Credit Card, the Best Buy Credit Card is the clear winner. The Best Buy store card can only be used at Best Buy, while the Best Buy credit card can be used anywhere Visa is accepted. But you only need “fair/limited” credit to get approved for the store card, which could make it good for some people. The Best Buy Visa requires at least “good” credit. Their terms are pretty similar beyond that. The Visa simply gives you the ability to earn rewards on non-Best Buy purchases.
The thing to watch out for with both of these cards is deferred interest. All Best Buy credit cards have it. This means that when they offer a low or no-interest financing deal for a number of months, the interest is actually accruing on any purchase amount. And if you have any balance at all left on your card at the end of the promotional period, all that interest will be added to your balance. You're much better off getting a real 0% intro APR credit card, like the Capital One Quicksilver. It has 0% for 15 months on purchases.
WalletHub Answers is a free service that helps consumers access financial information. Information on WalletHub Answers is provided “as is” and should not be considered financial, legal or investment advice. WalletHub is not a financial advisor, law firm, “lawyer referral service,” or a substitute for a financial advisor, attorney, or law firm. You may want to hire a professional before making any decision. WalletHub does not endorse any particular contributors and cannot guarantee the quality or reliability of any information posted. The helpfulness of a financial advisor's answer is not indicative of future advisor performance.
WalletHub members have a wealth of knowledge to share, and we encourage everyone to do so while respecting our content guidelines. Please keep in mind that editorial and user-generated content on this page is not reviewed or otherwise endorsed by any financial institution. In addition, it is not a financial institution’s responsibility to ensure all posts and questions are answered.
Ad Disclosure: Certain offers that appear on this site originate from paying advertisers, and this will be noted on an offer’s details page using the designation "Sponsored", where applicable. Advertising may impact how and where products appear on this site (including, for example, the order in which they appear). At WalletHub we try to present a wide array of offers, but our offers do not represent all financial services companies or products.