Thread: Best Buy Credit Card? Know This Before You Apply!

I have a balance on the promo rate of 0%. I charged an additional 21.34. I paid off right away but Best Buy is charging me interest. Their reasoning is "you paid off before you were billed."

So in other words, I am being penalized because I selected to pay ahead? I reminded Best Buy that payments are to be applied to the highest APR balance, per US statute. However, the representative (Sherry #7SK) insists that the "finance charge is valid."

DO NOT apply for a best buy card. They seem to charge you finance charges, any way they can.

I have the HSBC BestBuy Card with no problems. My credit line is $1,600 and my APR is 24%. You're correct they do retroactive interest for their promotions if you do not pay it off with in the promotion. I've never had that problem, always paid off before the promotion expiration date.

I like the card!

Hello everyone,

I read on here and know of some people who adore their BB Reward Zone MC but I never been a fan. I had the card for approx 5-6 years and has done little to nothing for me. The original CL was a laughable $300.00 and increased to $500.00 within 2 years.

My lowest credit card limit is $16,000.00 with the highest (outside Amex Plat) being $22,000.00. My FICO score is 785-790. I called a few times requested a credit limit increase since most of my BB purchases are above the $500.00 mark. The outsourced CS rep without hesitation or further review responded with a generic "We are not offering credit limit increases"

Being fed up of paying an annual fee of $59.00 for a sock draw card I cancelled. Cancellation was brief and simple. No retention department of any sort.

My dislike for this card does not align with my outlook on Best Buys as a store. I enjoy there stores and I just made some large purchases last month by putting 6K on my Amex Platinum card. In my opinion it is unfortunate that they partnered with such a poor financial institute.

Was I missing something? Anyone have a solid/positive review on this card?

Originally Posted by NYC_Dweller

Hello everyone,

I read on here and know of some people who adore their BB Reward Zone MC but I never been a fan. I had the card for approx 5-6 years and has done little to nothing for me. The original CL was a laughable $300.00 and increased to $500.00 within 2 years.


My dislike for this card does not align with my outlook on Best Buys as a store. I enjoy there stores and I just made some large purchases last month by putting 6K on my Amex Platinum card. In my opinion it is unfortunate that they partnered with such a poor financial institute.

Was I missing something? Anyone have a solid/positive review on this card?

The Best Buy Reward Zone MasterCard was largely targeted towards the subprime credit group. Interestingly enough, despite being a MasterCard, the Reward Zone MasterCard was easier to be approved for (they lowered their risk of course by offering $300 limits). So most people shouting their love for the Best Buy card are likely talking about the store card, not the MasterCard (called Reward Zone). HSBC purchased these cards from Household Bank, largely a subprime bank with some retail cards on the side. HSBC has since sold all of these cards to Capital One, which is very similar to HSBC.

There was a little known, limited issue RewardZone Platinum MasterCard that did not have the annual fee, had lower interest and higher credit lines usually towards the $6,000 range. But overall, people with good to excellent credit opted for the store card above the Reward Zone MasterCard. Sears also had a strange HSBC issued MasterCard called Sears Solutions MasterCard. It was for people with scandalous credit that could not be approved for a Citibank issued Sears MasterCard or Citibank issued Sears store card.