Who Owns Best Buy Credit Card -
Citibank acquired the Best Buy credit card business from Capital One Financial Corp. in September 2013. The deal involved taking over roughly $7 billion in loan balances.
Citibank (via its division, Citi Retail Services ) manages the entire loan portfolio, handles credit approvals, and sets the terms of the card agreements.
A "closed-loop" card that can only be used at Best Buy stores and BestBuy.com .
The Best Buy credit card program is owned and issued by , a primary subsidiary of Citigroup Inc. . While the cards bear the Best Buy logo and offer rewards for the retailer, Best Buy itself is not an issuer of credit. Ownership and Issuance
Best Buy acts as a strategic partner, utilizing the credit program to drive customer loyalty through integrated rewards and specialized financing offers. Card Variations and Acceptance
An "open-loop" card that can be used anywhere the Visa network is accepted. This version is often offered to applicants with higher credit scores. Key Financial & Legal Terms
Cardmembers can manage their accounts through the Citibank Account Online portal or by contacting Citibank customer service at 1-888-574-1301 . Learn About the My Best Buy® Credit Card
Many of the card's financing offers use "deferred interest," meaning if the full balance is not paid within the promotional period, interest is charged retroactively to the date of purchase.
Citibank acquired the Best Buy credit card business from Capital One Financial Corp. in September 2013. The deal involved taking over roughly $7 billion in loan balances.
Citibank (via its division, Citi Retail Services ) manages the entire loan portfolio, handles credit approvals, and sets the terms of the card agreements.
A "closed-loop" card that can only be used at Best Buy stores and BestBuy.com .
The Best Buy credit card program is owned and issued by , a primary subsidiary of Citigroup Inc. . While the cards bear the Best Buy logo and offer rewards for the retailer, Best Buy itself is not an issuer of credit. Ownership and Issuance
Best Buy acts as a strategic partner, utilizing the credit program to drive customer loyalty through integrated rewards and specialized financing offers. Card Variations and Acceptance
An "open-loop" card that can be used anywhere the Visa network is accepted. This version is often offered to applicants with higher credit scores. Key Financial & Legal Terms
Cardmembers can manage their accounts through the Citibank Account Online portal or by contacting Citibank customer service at 1-888-574-1301 . Learn About the My Best Buy® Credit Card
Many of the card's financing offers use "deferred interest," meaning if the full balance is not paid within the promotional period, interest is charged retroactively to the date of purchase.
