Best Buy Launches Reward Zone MasterCard, Drops Reward Program Fees
by Justin McHenry
Best Buy has launched an improved rewards program with the introduction of the Best Buy Reward Zone MasterCard and the announcement that Reward Zone program members will no longer pay an annual fee. Members previously paid $9.99 per year for the program, which allowed them to earn points on Best Buy purchases only. With the introduction of the Reward Zone MasterCard, Best Buy customers have the opportunity to earn points toward Best Buy gift certificates anywhere they make a purchase with the card.
The Best Buy Reward Zone MasterCard offers cardholders a 4% rebate on Best Buy purchases and a 1% rebate when used elsewhere. In addition, the card will offer 2% rebates in select categories, which will change throughout the year. For the remainder of 2006, the 2% rebate will apply to travel and dining purchases.
The Reward Zone card that is accepted at Best Buy only offers points equivalent to a 2% rebate on Best Buy purchases. As mentioned, cardholders will no longer pay an annual fee.
The Best Buy Reward Zone MasterCard is issued by HSBC.
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1.Discover® More Card - 0% APR on balance transfers for 12 months & 6 months on purchases, 5% cashback bonus in popular categories, up to 1% cashback bonus on all other purchases
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2.Chase Freedom Card - 0% Intro APR and no Annual Fee, 5% bonus cash back in popular categories , 1% cash bank on everything else
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3.Citi® Platinum Select® MasterCard® - 0% on purchases & balance transfers for Up to 18 months, APR as low as 9.99% variable. $30 statement credit.
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4.Blue Cash® from American Express - Earn up to 5% cash back on gas, groceries and drug store purchases, and up to 1.5% back on all other purchases, no annual fee, fast approval under 60 seconds
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6.American Express® Gold Card - 10,000 American Express Membership Rewards bonus points when you use the card for at least $500 in purchases within the first 3 months.
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7.TrueEarnings® Business Card from Costco & American Express - 4% cash back for annual gas purchases up to $6,000, 3% restaurants, 2% travel, 1% everywhere else, 0% APR on purchases for first 6 months
