Circuit City Credit Card Review

Circuit City Credit Card Review

Update - Since Circuit City went bankrupt, cardholders of the old Circuit City credit card has been taken over by Best Buy! But if you go to Circuitcity.com, you will find their website well and alive! What is happening here? Well, though Ciricuit City technically no longer exist, Systemax, who also owns CompUSA and TigerDirect.com bought the domain circuitcity.com and is now running it as an online store. So though Circuit City has no physical store, it has an online store. And even though their credit cards no longer exist, you can still earn rebates at circuitcity.com, compusa.com, tigerdirect.com (all Systemax owned) with the Discover More Card online shopping portal shopdiscover.com. Below are screen shots showing you these merchants (since you cannot see them if you are not a card member).

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The Citi Dividend World MasterCard also has Circuitcity.com, compusa.com and tigerdirect.com as their online merchant partners on their Citi Bonus Cash Center online shopping portal.

circuit city citi circuit city citi

So if you want to shop at circuitcity.com or other Systemax online properties like compusa.com or tigerdirect.com, then you should consider cards like the Discover More Card, the Discover Student Card, or the Citi Dividend World MasterCard. The Discover Cards are better because you can get 5% rebates vs 3% for Citi.

So that really is the whole story of Circuit City. I reviewed their credit card when they still a viable entity and a going concern. So I've left it here below for anyone who want to look back at this card or for research purposes.

circuit city credit card Summary - The Circuit City Credit Card from Chase allows the cardholder to earn 5 points for every dollar spent at Circuit City stores. Reward points are valid for 3 years and can be exchanged for Circuit City gift certificates. Find out more about this card.

Rebate Formula - The Circuit City credit card allows cardholders to earn five points for every dollar you spend at Circuit City stores. You earn one point for every dollar you spend on "other purchases". Reward points are valid for three years. Once you accumulate up to 500 points you can redeem them for Circuit City gift certificates (500 points for $5.00 gift certificate). You can choose up to five certificates within one redemption. You can also choose the "auto redemption" function whereby a $5.00 gift certificate will be sent to you once you have accumulated 500 points. You can earn unlimited Cirbuit City points.

Fees - The Circuit City credit card has no annual fee. The apr is prime rate plus 9.49% or 11.49%. The 2-cycle average daily balance method (including new purchases) is used to calculate monthly balances.

Verdict - The Circuit City Credit Card is one of the better "retail store credit card" because they allow you to earn 5 points for every dollar you spend at Circuit City or circuitcity.com. You can also redeem unlimited points. Bear in mind that if you opt for one of their special financing deals, you will not earn 5 points per dollar spent. This card will suit those who shop frequently at Circuit City and would like to use their reward points to get even better deals there. One of the attractive feature of this card is that you can get your gift certificate for as little as 500 points.

Positives


  • Earn 5 points for every dollar you spend at Circuit City or circuitcity.com
  • Earn unlimited points
  • Points can be exchanged for as little as 500 points
  • No annual fee


  • Negatives
  • Reward points can only be redeemed for Circuit City gift certificates
  • Earn one point for every dollar you spend if you decide to take up a special financing deal



Circuit City Credit Card
Cost/Fees/Interest rates
Annual Fees No annual fee
APR Prime Rate plus 9.49% or 11.49%
Cash Advance APR Prime rate plus 15.74%
Penalty/Default Rate Prime Rate plus 16.74%
Min Finance Charge $0.50
Grace Period 20 days
Balance Calculation Method 2-cycle Average Daily Balance (including new purchases)
Balance Transfer Fee 3% min $10.00 max $75.00
Cash Advance fee 3% min $10.00
Over-the-credit-limit fee $35.00
Late Payment fee $15.00 - up to $250.00
$35.00 - more than $250.00