The best credit card for electronics is the Amazon.com Credit Card because you get an Amazon.com gift card right away and can earn 5% back when you’re a Prime member. Some of the best rewards on electronics-related spending also come from the Capital One PlayStation Card. You get a $50 PlayStation store code just for making your first purchase.... read full answer
But there are lots of good electronics credit cards out there. How many options you have and how much they’ll save you come down to your credit score and whether you want to be limited to a store card.
You can get the store card from Best Buy with fair credit and get 5% back in rewards, or multiple deferred interest financing options. The Citi Simplicity Card has 18 months interest free financing but requires good credit. The same goes for the Citi ThankYou Preferred Card, which has 15 months interest free financing and a guaranteed $1,000 minimum credit line. Both Citi cards offer an extension of 2 years on manufacturer warranties.
So, you have to decide which is of more value to you: financing, price protection, warranties, or a credit card you can use outside the electronics store. Read on to discover which credit card is best for your electronics purchase.
Here are the best credit cards for electronics:
You can find key details about each card below.
Longest 0% Financing: Citi Simplicity Card – You get 18 months 0% financing and warranty coverage extended 2 years beyond the manufacturer’s warranty. After the first 18 months, the card’s regular APR is 15.49%-25.49%.
Min credit required: Excellent |Min credit line: $500
Electronics Store Card: Best Buy Store Card – 5% back in rewards OR special financing. Purchases of $199+ are interest free if paid within 6 months. The same goes for purchases of $399+ paid within 12 months. Deferred interest is tricky, though. If a single payment is missed or the balance isn’t paid off within the given timeframe, interest is retroactively applied to the entire purchase. The regular APR is high at 26.74%.
Min credit required: Fair | Min credit line: Unknown
PlayStation + Sony Perks: PlayStation Card from Capital One – All you have to do to get a $50 PlayStation Store code is make your first purchase with this card. It’s also great for gamers because you get 5 points per $1 spent on PlayStation and Sony products. Whether it’s new games or a flat screen TV to play them on, this card will reward you. You’ll even get 3 points per $1 when you pay your monthly mobile phone bill. Points can be used for games, movies, electronics, and collectibles through Sony Rewards. The card’s regular APR is 15.49%-24.99%.
Min credit required: Good | Min credit line: $300
Online Shopping: Amazon.com Credit Card – You stand to get a $60 Amazon.com gift card upon approval for a card ($100 for Prime members). Prime members also get 5% back on Amazon.com purchases. Plus, you can keep electronics safe with Visa Signature’s Extended Warranty Protection and Purchase Protection offered through the card. This card’s regular APR is 15.74%-23.74%.
Min credit required: Good | Min credit line: $500
High Minimum Credit Line: Citi ThankYou Preferred Card – You get 0% financing for 15 months and a 2-year extension on the manufacturer’s warranty. The regular APR is 14.99%-24.99% based on creditworthiness.
Min credit required: Excellent | Min credit line: $1,000
The best credit cards for electronics include options for financing, rewards, and protection. You need to decide which factors are most important to you based on what types of electronics you’re thinking about buying and how fast you’ll pay them off.show less