When does the Best Buy Card report to credit bureaus? This question is about the Best Buy® Credit Card

When does the Best Buy Card report to credit bureaus?

Answer Question Report Abuse

This question is about the Best Buy® Credit Card

Chip Lupo, Credit Card Writer

@CLoop • 12/09/21 This answer was first published on 12/09/21. For the most current information about a financial product, you should always check and confirm accuracy with the offering financial institution. Editorial and user-generated content is not provided, reviewed or endorsed by any company.

Permalink Report Abuse

The Best Buy® Credit Card reports to the credit bureaus monthly, within days after the end of a cardholder’s monthly billing period. Best Buy® Credit Card reports the card’s credit limit, account balance, payment history, and more to all three of the major credit bureaus: TransUnion, Equifax, and Experian. Citibank may use a specific credit bureau more than another, depending on the applicant’s home state, and other factors.

Once Best Buy® Credit Card reports your account information to a credit bureau, it may take a few days before the updates appear on your credit report. New Best Buy® Credit Card cardholders may not see any new credit account info on their credit report for one or two billing periods after getting a card.

If you’d like to review your up-to-date credit score and TransUnion credit report, you can sign up for a free account on WalletHub. That way, you’ll be able to check every day to see if there’s any new information about the Best Buy® Credit Card on your credit report.

Answer Question

What credit bureau does the Best Buy Store card use for approval?

Citi uses all three major credit bureaus to evaluate Best Buy Store Card applications.

That doesn’t mean it will pull all three of your credit reports, though. Citi will mostly use your Experian report, with Equifax also being quite likely. In rare cases they will pull your TransUnion report instead.

read full answer

Does the Best Buy Credit Card build credit?

The Best Buy credit card enables you to build credit, yes. It's a traditional credit card in the sense that your card activity is reported to the credit bureaus on a monthly basis.

In ideal conditions, if you pay your monthly bill in full you'll not only avoid interest costs but also keep your credit utilization at a manageable rate. That yields the best results.

read full answer

What's the Best Buy Credit Card credit score requirement?

The Best Buy® Credit Card credit score requirement is 700 or better. That means people with at least good credit have a shot at getting approved for the Best Buy® Credit Card. Approval odds are higher with the Best Buy Store Card; the minimum credit score required for this card is fair (640+).

Here’s more info about the Best Buy® Credit Card requirements:

You should note that while your credit score is an important factor, there are plenty of other things that will impact your...

read full answer

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. This question was posted by WalletHub. 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.

Ask a Question

140

Ask Question

Ask Your Question

WalletHub Transparency

We are committed to being fully transparent with our readers. Opinions expressed here are the author’s and/or WalletHub editors'. WalletHub editorial content on this page is not provided, commissioned, reviewed, approved or otherwise endorsed by any company. In addition, it is not any company’s responsibility to ensure all questions are answered.