02-18-2019 11:51 AM
Welcome to our community. Financing a purchase with a Best Buy Credit Card is a great way to take home products you love choosing how you want to pay for them. One of my favorite things about this card is the option to either use standard financing and receive 5% of your purchase value back in My Best Buy™ reward points, or use deferred interest financing and pay off your purchase over an extended period of time.
I’m admittedly not familiar with the offer you’re referring to, but I’ll be happy to clarify how our current offers work. When you’re approved for a Best Buy Credit Card, you’ll be given an annual percentage rate (APR) for all purchases. If you make a qualifying purchase and choose a deferred interest plan (6, 12, 18, 24 months) and you pay off your full balance before the promotional financing term has ended, you wouldn’t have to pay interest on that purchase. However, if the purchase balance is not paid in full by the end of the promotional financing term, then the interest charged on each month's balance would be owed at the APR for regular purchases.
To get a better idea of how your monthly payments would work and how to avoid paying interest, please review the resources linked below.
I hope this helps. Thank you for writing to us.