The My Best Buy Visa is built for regular Best Buy shoppers, earning 5% back on Best Buy purchases in store and online with no annual fee. The catch is that those rewards post as My Best Buy points that redeem only as Best Buy certificates, not cash, so their value depends on returning to shop there. Outside Best Buy it is respectable but not standout, with 3% on gas, 2% on dining and groceries, and 1% on everything else. Qualifying Best Buy purchases can also be financed with deferred interest instead of earning rewards, which helps for big-ticket electronics if you are confident you can pay the balance off within the promotional window. New cardmembers get 10% back on the first day of purchases made within 14 days of opening. Treat it as a store card for frequent Best Buy customers rather than an everyday rewards card.
Earn rates & credits
| Category | Rate |
|---|---|
Electronics Stores Best Buy purchases in store and on BestBuy.com. Rewards post as My Best Buy points worth about 2 cents each and redeem as Best Buy certificates, not cash. | 5% |
Gas | 3% |
Dining Dining and takeout | 2% |
Groceries | 2% |
Everything Else | 1% |
Card details
Foreign transaction fee | None |