Question: Is Best Buy Credit Card Instant Approval?

What credit score does Best Buy use?

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..

What FICO score do you need for Best Buy Credit Card?

In general, you’ll need a good credit score to be approved for the top Visa card (generally 700-749). Otherwise, you’ll likely need a fair credit score (generally 660-699) to qualify for the standard Best Buy version.

Can you make payments at Best Buy?

You can pay your credit card bill by cash or check in any Best Buy store. You also can pay online, by phone, or by mail.

How long does it take to get approved for a Best Buy credit card?

14 daysHow long will it take to be approved? It can take up to 14 days to receive approval for the My Best Buy® Visa® Card. Approval is decided by Citibank, not Best Buy.

What are the approval odds for Best Buy Credit Card?

Yes, you’re going to want a 640+ credit score for Best Buy Store Card approval. That’s in the fair credit range but not quite at the bottom of it (620), so as to give you better odds of approval.

Is the Best Buy card worth it?

While those first three cards can be worth it, you’d need to spend over $1,180 per year at Best Buy using the My Best Buy® Visa® Gold before your rewards outweighed the annual fee. That’s not a good deal, especially when you could probably get a credit card for bad credit with no annual fee.

How do I know if I am a Best Buy Elite member?

Elite status is automatically awarded when you spend $1,500 or more on qualifying purchases at Best Buy and BestBuy.com in a calendar year, or $1,500 or more in total anywhere on the My Best Buy Visa®.

Does Best Buy do instant approval?

Most Best Buy credit card approval decisions are issued instantly. You can check your application status by calling the Best Buy Credit Card Center at 1-888-574-1301. If your application is approved, you can expect your new card to arrive by mail within 10 business days.

Can you get approved for a Best Buy credit card with no credit?

There are no shortcuts to get a Best Buy credit card with no credit. It will take time, and an established payment history with at least a minimum fair credit score in order to have a shot to be approved.

What happens if I don’t use my best buy credit card?

Canceling a card shortens your average account age and reduces the total amount of available credit you have, which can lower your credit score. Since none of the Best Buy credit cards have annual fees, it’s probably better to just keep yours open, even if you don’t use it.

Is it hard to get approved for a Best Buy credit card?

Your odds of Best Buy Visa approval will only be good if your credit score is at least 700. But if you don’t get that version, you’ll be automatically considered for the Best Buy Store Card, which requires fair credit, or a score of 640+.

Will applying for a Best Buy card hurt my credit?

You can apply for the Best Buy credit card without worrying that you will ruin your credit. … If you do not pay your bill on time each month, you will be reported to the major credit bureaus. This means that you will have a hit on your credit report, which will cause your score to lower.

Why did I get denied a Best Buy credit card?

They are very inquiry sensitive. So if you have applied for a card within the past few months they might deny you, even if you had a decent score. Generally I have noticed if you have more than 6 inquiries in the past year they will deny. However you can call in to have your application reconsider manually.

What credit score do you need for Best Buy card?

The Best Buy Store Card requires fair credit, and the Best Buy Visa Card requires good credit. Fair credit starts at 620. Good credit means a score of 660 or higher.