The My Greatest Purchase® Visa® Card, issued by Citibank, is a card with many stipulations. It may be an excellent match for Greatest Purchase loyalists, so long as you perceive the dangers and limitations.

Should you love to buy at Greatest Purchase, the Greatest Purchase Visa gives aggressive rewards on each Greatest Purchase purchases in addition to on a regular basis spending classes like gasoline, groceries and eating. Its welcome supply — 10% again in your first day of Greatest Purchase purchases, or select financing — has the potential to be profitable if you happen to can take full benefit of it. This card additionally gives deferred curiosity on some funds, which may also help you financial massive purchases interest-free — so long as you may repay the steadiness inside your versatile financing interval.

However you actually ought to love purchasing at Greatest Purchase to maximise this card’s advantages, as a result of that is the one place you may spend your rewards.

If you’re a Greatest Purchase fanatic, the My Greatest Purchase Visa Card could also be a superb match in your pockets — however if you happen to aren’t, different playing cards with comparable advantages however extra redemption choices could also be higher for you. Here is what to know earlier than you apply.

On this article:

• Rewards​
• Versatile financing​
• Welcome bonus​
• Unique gives​
• Annual price​
• Various playing cards​
• FAQs​

Rewards

The My Greatest Purchase Visa Card provides you two choices while you store at Greatest Purchase. You’ll be able to select 5% again in rewards, or you may select versatile financing on qualifying purchases. Should you go for rewards, you will earn 5% again on Greatest Purchase purchases, 3% again on gasoline, 2% again on groceries, 2% again on eating and takeout, and 1% again on all different purchases. 

Your rewards are banked as My Greatest Purchase factors. These factors are issued as rewards certificates that function coupons for future Greatest Purchase purchases. Should you spend $500 at Greatest Purchase, you’d earn 1,250 My Greatest Purchase factors, presently value $25 in rewards certificates. You’ll be able to redeem these factors for a $25 low cost in your subsequent qualifying Greatest Purchase buy. 

My Greatest Purchase members can earn rewards for each buy they make, no matter whether or not they have a My Greatest Purchase bank card. You want at the least 250 My Greatest Purchase factors to redeem a $5 Rewards Certificates, and certificates can be utilized for in-store or on-line Greatest Purchase purchases. Certificates expire 60 days after they’re issued, until in any other case famous. Nevertheless, card members can financial institution their factors till they’re able to redeem them.

Notice that you simply will not earn rewards on Greatest Purchase purchases while you go for versatile financing, which provides you extra time to repay your steadiness. 

Versatile financing

As an alternative of incomes rewards, you may defer curiosity and provides your self extra time to pay for a purchase order over $299 with versatile financing. The timeframes for the deferred curiosity gives vary from six to 36 months and fluctuate primarily based on what you purchase and the way a lot you spend. We advocate continuing with warning when utilizing this feature and solely choosing a versatile fee plan if you happen to can repay the steadiness in full earlier than your deferred curiosity interval ends.

Deferred curiosity just isn’t the identical factor as 0% introductory APR. With most 0% intro APR bank cards, your remaining steadiness begins accruing curiosity after the 0% APR promotional interval ends. With the Greatest Purchase Visa card, curiosity accrues throughout your promotional interval, however so long as you pay your steadiness in full earlier than the promotional interval ends, you will not owe any curiosity. In any other case, you are on the hook for all the curiosity that has accrued in your balances because the authentic date of buy, in addition to new curiosity for every month you carry this steadiness. This might make versatile financing costlier than a 0% APR card, particularly because the present variable APR of the Greatest Purchase Visa Platinum card is 30.74%, considerably greater than the typical bank card APR of 20.3%.

Welcome bonus

New cardholders have the chance to earn 10% again on their first day of qualifying Greatest Purchase purchases, or financing. You need not make these purchases on the identical day you apply for the My Greatest Purchase Visa Card, both — you may have 14 days after account opening to make the most of the primary day welcome bonus. Since card members already earn 5% on all purchases, this welcome bonus primarily enables you to earn an additional 5%, which might be profitable when you have big-ticket gadgets to purchase. 

How a lot this bonus is value relies upon totally on how a lot you may spend at Greatest Purchase in a day. Shopping for a telephone for $500 or a laptop computer for $1,000 will internet you $50 and $100 in rewards, respectively — lower than the $200 sign-up bonus generally discovered amongst different no-annual-fee money again playing cards. However if you happen to’re out there for a brand new fridge, range or different equipment and plan to spend $10,000, you would earn $1,000 with this welcome bonus. Simply ensure you do not overspend to earn this welcome bonus, or the curiosity you accrue can shortly override your rewards.

Should you select to make use of your 10% welcome bonus, you can not additionally use versatile financing on the identical buy.

Unique gives

My Greatest Purchase Visa cardholders have the chance to make the most of limited-time bonus classes in addition to unique gives. You’ll be able to view and activate these gives out of your on-line account. 

Annual price

There are two variations of the My Greatest Purchase Visa Card, and the cardboard you obtain will rely in your creditworthiness. Once you apply, you will first be thought-about for the The My Greatest Purchase Visa Platinum card, a no-annual-fee card designed for individuals who have established a constructive credit score historical past. Should you aren’t accepted for this model, chances are you’ll be accepted for the My Greatest Purchase Visa Gold card, which comes with the identical rewards alternatives because the Platinum card, however fees a $59 annual price.

Various playing cards

Amazon Prime Rewards Visa Signature Card

Should you use Amazon Prime regularly, you would possibly need to contemplate the Amazon Prime Rewards Visa Signature Card. This no-annual-fee card gives 5% again at Amazon and Entire Meals Market with eligible Prime membership (which prices $139 per 12 months), in addition to 2% again at eating places, gasoline stations and drugstores. All different purchases earn 1% money again, and new cardholders can earn an Amazon reward card for as much as $100 immediately upon approval.

The Amazon Prime Rewards Visa Signature card additionally gives versatile reward redemption choices, supplying you with the chance to show your rewards into assertion credit, financial institution deposits, reductions on Amazon purchases and extra. Just like the Greatest Purchase Visa card, the Amazon Prime card gives promotional financing with equal month-to-month funds at 0% APR, although making the most of promotional financing will preclude you from incomes money again on that buy. The Amazon Prime card’s supply is healthier than the Greatest Purchase Visa’s, nonetheless, as a result of if you happen to do not repay your total steadiness earlier than the tip of the promotional interval, you are solely on the hook for curiosity on the unpaid steadiness going ahead, as an alternative of all of the curiosity on the unique steadiness.

Goal RedCard™

Should you store at Goal extra usually than Greatest Purchase, check out the Goal RedCard™. This retail bank card fees no annual price and gives an computerized 5% off all Goal purchases. Once you store on-line, you robotically get free two-day delivery on all qualifying purchases.

The Goal RedCard additionally gives 2% again on eating and gasoline, 1% again on all different purchases. The rewards you earn on eating, gasoline and different purchasing might be redeemed for Goal reward playing cards.

Capital One Walmart Rewards® Mastercard®

Walmart consumers who like cash-back rewards ought to contemplate the Capital One Walmart Rewards® Mastercard®. This no-annual-fee bank card gives 5% money again on Walmart.com purchases, together with pickup and supply, in addition to 2% money again on purchases in Walmart shops, Murphy USA and Walmart gas stations. Plus, you will earn 2% money again on eating places and journey, and 1% on all different purchases.

The Capital One Walmart Rewards Mastercard would not supply a welcome bonus, however new cardholders can bump their in-store rewards from 2% to five% throughout their first 12 months of membership by utilizing Walmart Pay to make Walmart purchases. Your money again accrues as Capital One Rewards factors, supplying you with loads of redemption choices — assertion credit, reward playing cards, journey and extra.

FAQs

*All details about the Goal RedCard, Amazon Prime Rewards Visa Signature Card, Capital One Walmart Rewards Mastercard and My Greatest Purchase Visa Card has been collected independently by CNET and has not been reviewed by the issuer.

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