: Do not rely on the minimum payment. To ensure it's "worth it," divide your total purchase price by the number of promotional months and pay that exact amount (or more) every month. Summary of Benefits vs. Risks
: Applying for the card triggers a hard inquiry , which can temporarily lower your credit score by a few points. Approval typically requires a "good" credit score of 700 or higher. is best buy financing worth it
To see if it's worth it for you, consider these two common scenarios: : Do not rely on the minimum payment
: A student needs a $1,200 laptop for school. They use 12-month financing on their My Best Buy Credit Card and strictly pay $100 every month. By month 12, the laptop is paid off, they’ve paid $0 in interest, and their credit score may have improved from a history of on-time payments. Risks : Applying for the card triggers a