Quick Answer: What Credit Score Does Best Buy Require?

What credit bureau does Best Buy use?

Vicky Wagner, Member.

Citi uses all three major credit bureaus to evaluate Best Buy Store Card applications.

That doesn’t mean it will pull all three of your credit reports, though.

Citi will mostly use your Experian report, with Equifax also being quite likely..

Will applying for a Best Buy card hurt my credit?

You can apply for the Best Buy credit card without worrying that you will ruin your credit. … If you do not pay your bill on time each month, you will be reported to the major credit bureaus. This means that you will have a hit on your credit report, which will cause your score to lower.

Will Best Buy approve no credit?

It will be difficult to get a Best Buy credit card with no credit. You will need a minimum of fair credit for the Best Buy Store Card. … Lenders like to see a track record of responsible credit use, and without it, you’re not likely to be approved for any card that requires at least fair credit.

Does Best Buy help build credit?

If you use a Best Buy credit card but pay off the balance within the terms of the agreement, you will likely see an improvement in your credit score. Timely payments of any outstanding credit balances help you build a strong credit history and avoid paying any unnecessary interest and late fees.

What is a fair credit score?

A fair credit score is generally considered to be a FICO® Score☉ of 580 to 669. … FICO® Scores often range from 300 to 850 and most FICO® Scores fit into one of five categories: very poor, fair, good, very good and exceptional.

Is it hard to get approved for a Best Buy credit card?

Yes, you’re going to want a 640+ credit score for Best Buy Store Card approval. That’s in the fair credit range but not quite at the bottom of it (620), so as to give you better odds of approval. … Still, store cards like the Best Buy one aren’t beyond the average person’s reach. The average credit score is around 680.

Does Best Buy financing bad credit?

You probably cannot get a Best Buy credit card with bad credit (a score of below 640). You definitely cannot get a Best Buy Visa, as that demands good credit (700+). And you’ll have a hard time getting approved for the Best Buy Store Card, which requires fair credit (640+).

Does Best Buy have a payment plan?

Financing Your Purchase at Best Buy. You must make a monthly payment. You must pay the entire promotional purchase balance by the end of the financing term or you will have to pay the interest charged on each month’s balance at the Annual Percentage Rate (APR) for regular purchases.

What credit score does Home Depot require?

640-699All Home Depot credit cards are issued by Citibank. Here is more on the credit score needed for Home Depot cards: Credit score requirement: Minimum 640-699 credit score (fair credit).

What credit cards can I get with a 600 credit score?

Best credit cards if your FICO score is 600 to 649 overviewCredit CardBest ForCredit One Bank® Unsecured Visa® with Cash Back RewardPurchase APRCapital One® Platinum Credit CardRebuilding creditCapital One® Secured Mastercard®The lower end of fair creditDiscover it® SecuredCashback rewards AND building credit3 more rows•5 days ago

How long does it take to get approved for a Best Buy credit card?

14 daysHow long will it take to be approved? It can take up to 14 days to receive approval for the My Best Buy® Visa® Card. Approval is decided by Citibank, not Best Buy.

What are the easiest credit cards to get approved for?

Easiest Credit Cards to Get Approved for in 2020Petal® Visa® Credit Card. … Journey® Student Rewards from Capital One® … Credit One Bank® Visa® Credit Card. … Capital One® QuicksilverOne® Cash Rewards Credit Card. … Wells Fargo Business Secured Credit Card. … Capital One® Secured Mastercard® … Fingerhut Credit Account.

Does Best Buy have pre approval?

There’s no Best Buy credit card pre-approval check, but plenty of major credit card companies offer the service. … If you get pre-approved for a card that requires good credit or better, you’ll have a good shot at the Best Buy Visa. If it’s a fair-credit card, the Best Buy Store Card is more likely.

What bank does Best Buy credit card use?

CitiThe My Best Buy Visa card is issued by Citi, which scored 799 out of 1,000 points in J.D. Power’s 2019 U.S. Credit Card Satisfaction Study. The average score among national issuers was 806. You can reach customer service for this credit card at 888-574-1301.

Is CreditKarma accurate?

First, because Credit Karma uses only two of the three major credit bureaus, your score might not be entirely accurate. … On the customer review site ConsumerAffairs.com, some people have reported that their Credit Karma score is quite a bit higher than their actual FICO score.