Who Owns 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

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 who owns best buy credit card

A "closed-loop" card that can only be used at Best Buy stores and BestBuy.com . Best Buy acts as a strategic partner, utilizing

Citibank (via its division, Citi Retail Services ) manages the entire loan portfolio, handles credit approvals, and sets the terms of the card agreements. Key Financial & Legal Terms A "closed-loop" card

Rewards earned on the cards are managed through the My Best Buy loyalty program and are typically redeemable only for Best Buy reward certificates.

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