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
As of late 2025, interest rates on these cards are notably high, with some reaching 31.49% .
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. who owns best buy credit card
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
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 The Best Buy credit card program is owned
Rewards earned on the cards are managed through the My Best Buy loyalty program and are typically redeemable only for Best Buy reward certificates.
A "closed-loop" card that can only be used at Best Buy stores and BestBuy.com . Ownership and Issuance As of late 2025, interest
Citibank (via its division, Citi Retail Services ) manages the entire loan portfolio, handles credit approvals, and sets the terms of the card agreements.