Best Buy Reward Zone Mastercard?

[Blue_Blood]

I just wanted to know if someone here has the Best Buy Reward Zone Mastercard. I wanted to get an idea of how fast the rewards are accumulated with this card. Do you use it for all your bills? Can any of you give me an estimate of rewards zone money you accumulate monthly?

I am trying to convince my wife to let me apply for this one and close our stupid Alaska Airlines card. We get charged an annual fee and it seems like I have to spend a million bucks to get a free flight now. They keep raising the mileage points. I just tell her it would make my hobby a little bit cheaper!

Thanks for your help!

[b0bby]

my gf has one and uses it only for paying rent. i believe she has ~150.00 in RWZ money right now and its been like 10-11 rent payments. i wouldn't get it just for the RWZ though but in our case we are getting free money towards something at bestbuy for just paying rent.

[Blue_Blood]

Originally Posted by b0bby

my gf has one and uses it only for paying rent. i believe she has ~150.00 in RWZ money right now and its been like 10-11 rent payments. i wouldn't get it just for the RWZ though but in our case we are getting free money towards something at bestbuy for just paying rent.

Nice... Thanks for the input.

[Zman2k2]

I have the Canadian version which is a VISA. I pay off what I spend at the end of every period, so I try not to collect a balance. I've only had it for a few weeks, and I got the bonus $10 they offered, plus an extra $5 already. And if you use it at BestBuy, you get double points. I like having a credit card, and I'm not one for travel points, so this rewards program works for me.

[Blue_Blood]

Does this card have an annual fee?

[jono_0101]

i have one, and i dont believe it has an annual fee, i signed up when i bought my TV, i only use it for purchases at best buy though, so i dont accumulate a lot of rewards points, but it does add up faster than the regular reward zone card, and occasionally, they will have times where you get even triple points on purchases, but i would say i probably get about $100 a year in rewards certificates, and thats using the card lightly

[Blue_Blood]

Originally Posted by jono_0101

i have one, and i dont believe it has an annual fee, i signed up when i bought my TV, i only use it for purchases at best buy though, so i dont accumulate a lot of rewards points, but it does add up faster than the regular reward zone card, and occasionally, they will have times where you get even triple points on purchases, but i would say i probably get about $100 a year in rewards certificates, and thats using the card lightly

Wow... it looks like some good positives.

Does anyone have anything bad to say about this card?

[groovyone]

I use mine for EVERYTHING except Sony stuff. I have a Sony card for that. Ironically, or stupidly I guess, mine gets most of it's electronics use at Frys. Anyway, I gain $20-40 most months. I am sitting on $245 worth now, but the sales have stunk and new BDs have been $5 cheaper at Frys, so I just keep accumulating the points.

[Blue_Blood]

Originally Posted by groovyone

I use mine for EVERYTHING except Sony stuff. I have a Sony card for that. Ironically, or stupidly I guess, mine gets most of it's electronics use at Frys. Anyway, I gain $20-40 most months. I am sitting on $245 worth now, but the sales have stunk and new BDs have been $5 cheaper at Frys, so I just keep accumulating the points.

Ok... I really want this card now. Why dont you have BB price match?

[Uniquely]

Originally Posted by Blue_Blood

Does this card have an annual fee?

I would bet that like most credit cards..... the terms would vary based on your credit rating. I know that when my wife first got out of bankruptcy about a decade ago (changes to medicare reimbursements caused her salary to be cut by more than 50%) she had an annual fee from the same CC company that I did not have a fee with.

[jw]

I have a Chase Visa that pays Amazon Gift Cards.....it rocks, our last TV cost us 144.00

[jono_0101]

Originally Posted by robinandtami

I would bet that like most credit cards..... the terms would vary based on your credit rating. I know that when my wife first got out of bankruptcy about a decade ago (changes to medicare reimbursements caused her salary to be cut by more than 50%) she had an annual fee from the same CC company that I did not have a fee with.

did you have the exact same card, or was it just the same company? i think that credit score only affects the interest rate and total spending limit, but of course credit card companies are pretty shady, so that could be wrong, but i once had a card that had no fee, then i switched cards within the same company for a "rewards" card, and that one had an annual fee with it, luckily, the rewards i earn yearly are worth more than the fee, so it still works out for me

[GORT]

It takes 30 days after you purchase something for your points to be credited to your total just so you know.

[groovyone]

Originally Posted by GORT

It takes 30 days after you purchase something for your points to be credited to your total just so you know.

30 days for the BestBuy purchases (45 for silver members it seems). All other charges get points usually 1-2 days after your billing period closes.

[groovyone]

Originally Posted by Blue_Blood

Ok... I really want this card now. Why dont you have BB price match?

Not always in the ad, and not really worth the effort. I can run in and out of Frys in minutes, or spend much longer waiting for BBY to figure it out.

As for Annual Fee, I have none on mine. I don't know if that is standard or just because I signed up when they first offered it.

[Blue_Blood]

Thanks fellas! I just applied for the card. I guess Price Matching will not be a big deals since you get points anyway. Well... other than double points

[Sylin]

Originally Posted by Blue_Blood

Thanks fellas! I just applied for the card. I guess Price Matching will not be a big deals since you get points anyway. Well... other than double points

Personally, I avoid credit cards @ all costs, which is funny because not using credit cards will, most likely, save you tons.

Think about it: we all know Best Buy is overpriced. For what you'd potentially save by using this card, you could probably buy the same item for less online (like Amazon).

Read this and listen to this if you want to know why you will never win financially by using borrowed money.

[Blue_Blood]

Originally Posted by Sylin

Personally, I avoid credit cards @ all costs, which is funny because not using credit cards will, most likely, save you tons.

Think about it: we all know Best Buy is overpriced. For what you'd potentially save by using this card, you could probably buy the same item for less online (like Amazon).

Read this and listen to this if you want to know why you will never win financially by using borrowed money.

I totally understand your warning but I have used my Visa airline miles card for years with out any issues. I think I might have have had a finance charge once, since I pay my card before the due date. I personally shop at BB often which is why I am a Premier Silver member. While I think most of their items are priced high, they do have the best price match policy around along with good customer service.

I can still buy stuff at Amazon while gaining points BB points. For me it was a no brainer. I do think if you cant limit yourself on what you spend you should not have a credit card though.

[Purplegrasshopper]

Originally Posted by Sylin

Read this and listen to this if you want to know why you will never win financially by using borrowed money.

+1 million, because that's how much cash I'll have in the bank by the time I'm 40 thanks to Dave Ramsey

[Lepidopterous]

Might be a bit late for my opinion, but I definitely recommend the card. I was approved for the BB Gold mastercard (not sure what the difference is, probably spending limit) and haven't had any problems. I've been using it for about a year and a half now.

I'm a silver premiere member but it still only takes 30 days to get your rewards. It seems they haven't adjusted/updated their system to incorporate the 45-day policy yet, because whenever I take advantage of it (new releases seem to drop down in price in just under 45 days after release, so I come back to price match) customer service has problems bypassing the 30-day policy with my receipt (which I usually never even have to bring in).

Also, if you really want to accurately incorporate your rewards into your spending, all reward certificates deduct from the subtotal, therefore they count as the given amount + tax. For example, a $10 reward certificate counts as $10 + tax.