Deal has ended, view more Best Buy deals by clicking here.
The Offer
- Best Buy credit card from Citibank is offering a signup bonus of 15% back in Rewards on your first day of purchases. Offer ends 9/3/24.
Card Details
- Card earns 3% cash back on gas, 2% on grocery/dining/takeout and 1% everything else
- No foreign transaction fees
- 5% cash back on Best Buy purchases
- Points banking feature
Our Verdict
Standard offer is 10% back, it’s now up to 15% (apparently unlimited earn).
The card often has spend bonuses throughout the year which is another reason some people find it worth getting/keeping. Some people get each quarter a 5% cash back chosen category, up to $75 back, on either travel, wholesale, utilities, home improvement, grocery, dining, gas, or clothing.
Hat tip to reader TDD
Also forgot to mention that the card has everyday 3% cash back on gas, 2% on grocery/dining/takeout and 1% everything else.
Apparently, there are no foreign transaction fees. I did not know this. That’s good to know.
Updated the review, thx
How is Best Buy still in business?
Like, any day now… vulture capital firms loading them up with debt like Red Lobster, Toys-R-Us, and Bed, Bath & Beyond.
We get it, most of it’s on Amazon anyway.
Because they still offer top brands. That’s what did Bed Bath and Beyond, Sears and similar businesses in – they realized they could get a better margin by offering crappy private labeled products from China and nixing expensive contracts with top brands. It worked briefly until everyone realized they could buy the same cheap crap from Amazon for cheaper. As sales and margins fell, it was a death spiral of awful management decisions.
Best Buy still makes great money and is a very profitable company, they just aren’t and won’t grow because of what they sell. They also don’t have any real competitors.
How to buy it?
Same as usual, choose the product, type in your cc, follow the website instructions and complete the purchase.
Maybe i manifested it after i mentioned how i got this card initially in comments on another post
Just like how I manifested the latest crypto boom after merely thinking about buying bitcoin.
Does anyone know if this would work buying bb gift cards?
Buying Best Buy gift cards from Best Buy with a Best Buy credit card while earning Best Buy reward points? I’m very certain it does not work.
Could you please clarify the following: “Every quarter you get to choose your 5% cash back category – travel, wholesale, utilities, home improvement, grocery, dining, gas, clothing with a $75 max.”
I’m not sure that is correct. I’ve never seen this option within my account nor is it mentioned in the website link. I have seen something like this: “Sometimes an offer comes up and you get to choose a 5% cash back category…..”
Do you have the best buy store card, or the actual credit card from Citi?
Actual credit card from Citi
I have the Citi card. I don’t see the quarterly cash back stated on website, not in any of the offer pages when I log-in, and nor have I ever gotten quarterly e-mails. I do get random periodic offers like $50 reward certificate if I spend $2k outside Best Buy by 8/31. It sounds like this may be targeted to certain cardholders?
I’ll update that this isn’t for everyone
Ok, thanks.Although, I wonder how you get targeted for the quarterly spend categories. I’d be interested to see a screenshot of the quarterly e-mail notification. Just some data points, I have not purchased much from Best Buy nor spent much on the BB Visa credit card, both within past several years. I’ve been a cardholder for nearly two decades.
Last email, Jul 1:
Subject: “Time to pick your quarterly bonus category.”
Body: Choose your category and earn 5% back in rewards on your purchases.
{Button with link}
For a limited time, pick from our most popular categories and earn extra rewards with your Card outside of Best Buy® through 9/30/24. Activate now for the most earning potential. Maximum reward of $75.
Earning extra rewards is as easy as:
Choose your category.
Earn rewards when you shop.
Redeem your rewards at Best Buy
Then some lengthy terms.
So the 15% is only for the BB purchases?
Yes. So make it count if you got a big purchase.
Offer valid 8/5/24–9/3/24. Get 2.5 points per $1 spent (5% back in rewards) on qualifying Best Buy purchases when you choose Standard Credit with your Best Buy Credit Card. If you apply and are approved for a new My Best Buy® Credit Card, your first day of purchases on the Credit Card using Standard Credit within the first 14 days of account opening will get an additional 5 bonus points (an additional 10% back in rewards, for a total of 15%).