Who Owns Best Buy Credit Card -

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

Citibank issues two distinct versions of the card, each with different ownership and network implications: who owns best buy credit 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. A "closed-loop" card that can only be used

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 handles credit approvals

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