Who Owns Best Buy Credit Card < EXCLUSIVE ⚡ >

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

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 who owns best buy credit card

As of late 2025, interest rates on these cards are notably high, with some reaching 31.49% . An "open-loop" card that can be used anywhere

Citibank issues two distinct versions of the card, each with different ownership and network implications: Citibank issues two distinct versions of the card,

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

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.

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