Best Buy Business Advantage

Net 30 Terms

Best Buy is large retailer which provides consumer electronics, home office products, entertainment products, appliances and related services.

Requirements:

  • EIN Number
  • Business bank account
  • Experian Commercial - established with 5-7 tradelines reporting
  • Business license (if applicable)

Business Credit:

  • Receive a Net 30 Account
  • Reports to D&B, Experian Commercial and Equifax Business

To apply go to=> Best Buy Business Advantage Card - Best Buy

  • Only Experian Commercial report is pulled

Recommendation - Credit Line Range select $15k if report is less than 1 year old and you don't have a well established report with Experian Commercial.

*Best Buy Advantage is underwritten by MSTS Credit as a Service (TreviPay)

  • 1

    Remember - D&B Paydex Score

    At level 2 you must have an 80+ Paydex Score already established before applying. If not, go back to level 1 and establish 5+ accounts reporting.

  • 2

    Tip - Purchase Activity

    When you get a net 30 credit account it’s important to use that account regularly. If you only make one purchase it only shows one payment and no ongoing payment history.

  • 3

    Tip - Payment Activity

    Always pay your invoices on or ahead of the due date. Paying better than terms is ideal since this can improve your credit rating even more. An 80 Paydex score means you pay according to terms. In order to achieve a 90 score requires that you pay 20 days sooner than terms. For the top rating of 100 you have to pay 30 days sooner than terms.