The most compelling reason to use this card for a phone is the offer on unlocked phone purchases totaling $649 and up . This allows you to spread out the cost of a flagship device over two years without interest— if you follow the rules. 3. The "Gotcha": Understanding Deferred Interest
If you don't pay off the entire balance by the end of the 24 months, or if you miss a payment, you will be charged interest retroactively from the original purchase date .
This card can be a powerful tool for tech lovers, but it comes with specific rules. Here is everything you need to know about using a Best Buy credit card to finance your next phone. 1. Choice of Three: Which Card Will You Get? best buy phone credit card
When you apply, you are actually applying for one of three versions issued by Citibank. You don't get to choose which one you receive; it's based on your credit profile:
With a regular APR often exceeding 30% , this can add hundreds of dollars to your bill overnight if you are even one day late on that final payment. 4. Choosing Between Rewards and Financing The most compelling reason to use this card
No annual fee but can only be used at Best Buy and Pacific Sales. My Best Buy® Visa® Gold: Includes a $59 annual fee . 2. The Big Perk: 24-Month Financing for Unlocked Phones
, the price tag can be a major hurdle. Many shoppers find themselves at the checkout counter wondering if they should swipe the Best Buy Credit Card. The "Gotcha": Understanding Deferred Interest If you don't
Thinking about snagging the latest smartphone? Whether it’s the newest iPhone, a sleek Samsung Galaxy , or a versatile Google Pixel