Best Buy Deferred Payment Plan Guide

If you pay the full balance before the term ends, all accrued interest is waived.

5 Things to Know About the Best Buy Credit Card - NerdWallet best buy deferred payment plan

The allows you to finance large purchases without paying interest, provided the entire balance is cleared within a specified promotional window . This plan is a primary feature of the My Best Buy Credit Card and its Visa variants, issued by Citibank . Key Plan Details If you pay the full balance before the

Typically applies to home theater systems ($799+) or unlocked phones ($649+). How Deferred Interest Works Key Plan Details Typically applies to home theater

If even a small balance (e.g., $1 ) remains after the deadline, or if you miss payments, retroactive interest is charged on the entire original purchase amount dating back to the day you bought it.

Often reserved for major appliances or Geek Squad purchases of $599 and up.

Best Buy offers several financing tiers based on the purchase amount and product category: Available for storewide purchases of $199 and up.