As some of you may be aware, Best Buy offers a credit card that has promotional financing so you can buy more expensive electronics without having to worry about typical interest or minimum payments (if you pay it off in full by the financing timeline agreement). Well when I was on the fence about financing a product I asked a Best Buy employee if it would hurt my credit to finance by holding a balance, they said it would not impact it at all. I was skeptical and for good reason as I just found out today on credit karma that my credit score dropped significantly from financing with the credit card. Not blaming anyone but myself, I just want others to be aware, your promotional finance DOES in fact affect your credit score! I don’t want others who are watching their credit for something make the same mistake I did.

I plan on buying an iPhone, apple watch, maybe airpods (and some other tech things) over the next year. Best buy carries all the apple products and has financing available so I am leaning towards it. I can also buy other things at best buy. I will be moving to a new apartment. I'm not really looking for the cash back or rewards as I'd rather have the financing.

I do have 2 cards already that has rewards: capital one savor (3k limit) and chase freedom unlimited (1k limit). I don't plan on opening any cards after this for a while. So should I get the best buy credit (not store card) or are there better options available? Should I consider the apple card?