Who Owns Best Buy Credit Card Online

A "closed-loop" card that can only be used at Best Buy stores and BestBuy.com .

As of late 2025, interest rates on these cards are notably high, with some reaching 31.49% .

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. who owns best buy credit card

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

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 A "closed-loop" card that can only be used

Citibank (via its division, Citi Retail Services ) manages the entire loan portfolio, handles credit approvals, and sets the terms of the card agreements.

Citibank issues two distinct versions of the card, each with different ownership and network implications: An "open-loop" card that can be used anywhere

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