Best Buy TV Payment Plans

January 28, 2010 · Posted in Finance TVs · Comment 

Best Buy is a store in which you can find practically all your entertainment and electronic needs. At Best Buy, you can find computers, cell phones, and TVs among other things. The TVs that Best Buy has for sale stretch from small, personal ones all the way to huge plasma screen TVs that are excellent for your home entertainment center. However, although these TVs are spectacular as the latest and greatest TVs often, they are also rather expensive. Fortunately, there are Best Buy TV payment plans to make life easier on your wallet.

Best Buy has a program in which you can buy a TV through them and make payments on it without paying any interest. Before you rush out and sign up there are a few things that you need to know about this plan. First is that you need to have it all paid off in three years. If your payment plan stretches beyond three years, you will be charged interest. Secondly, although you need to know that there is a minimum price. You cannot just choose any TV and have it count in this payment plans. Your HDTV, Home Theatre, or Geek Squad Home Theatre system has to cost at least $999 or more before it qualifies. Purchases can be made in Best Buy stores or online at BestBuy.com.

The last thing you need to know is that this offer only applies to purchases made on a Best Buy credit card. This means that if you do not have a Best Buy card you will have to apply for one before making your purchase. There is no retroactive qualification for this plan. This also means that the Best Buy TV payment plan is not a “buy a TV pay later plan”. Although there will not be any interest charged for 3 years, you will have monthly payments to make starting right away. It is a credit card so one must keep that in mind. Although you might want to buy a TV and not paying interest for 3 years is attractive, you have to determine if adding a credit card to your collection is something that you can do right now.

Best Buy is a great place to shop for electronics and with their Best Buy TV payment plan, it is even easier to own one.