BuyBuy BABY and Bed, Bath and Beyond Store and Credit Cards

Buy Buy Baby is a North American chain that sells products aimed at babies and young children. The brand was founded in 1996, has been owned by Bed Bath & Beyond since 2007, and gives buyers multiple reasons to keep visiting the store week-in, week-out. One such reason is the Buy Buy Baby credit, which comes in two different forms, a simple store card and a general Mastercard.

In this guide, we’ll look at both of these Buy Buy Baby credit cards while also comparing them to the Bed Bath & Beyond cards, which provide many of the same rewards and benefits.

BuyBuy BABY Store Card

  • Annual Fee: No
  • Interest Rate: 28.49% Variable APR
  • Sign-up Bonus: $25 discount on $100 purchase; $20 on account opening
  • Reward Rate: 5% cash back for every dollar spent at BuyBuy BABY
  • Promotional Financing Offers: 6 to 12 month financing offers
  • Other Perks: Discounts, special offers, and coupons
  • Foreign Transaction Fees: N/A
  • Balance Transfer Fees: N/A
  • Cash Advance Fees: N/A

The BuyBuy BABY store card is a little more limited when compared to the Mastercard credit cards offered by this brand. It is a closed-loop card, which means it can’t be used outside of BuyBuy BABY, and it has a high annual percentage rate. However, credit approval is easier, there are special financing programs, and cardholders can get an impressive 5% cash back every time they spend money at BuyBuy BABY or at BuyBuyBaby.com.

In addition, cardholders will be offered a $20 reward certificate when they first use the account, a $25 coupon (on purchases of $100 or more) and 6 to 12 month special financing offers. These financing products are offered by many of the better store credit cards and can be risky due to the deferred interest and late fees. But if you have a big purchase coming up, it can be a god send.

What’s more, if you clear the balance in full, you’ll pay no interest or fees and can earn a steady profit from the reward points.

BuyBuy BABY Mastercard

  • Annual Fee: No
  • Interest Rate: 15.49% to 25.49% Variable APR
  • Sign-up Bonus: $25 discount on $100 purchase; $20 on account opening; additional gift cards up to $100 when certain terms are met
  • Reward Rate: 5% cash back for every dollar spent at Bed, Bath & Beyond, BuyBuy BABY, Harmon Face Values, and Christmas Tree Shops; 2% for gas stations and grocery stores; 1% elsewhere
  • Promotional Financing Offers: 6 to 12 month financing offers
  • Other Perks: Discounts, special offers, and coupons
  • Foreign Transaction Fees: 3% 
  • Balance Transfer Fees: 3% or $10
  • Cash Advance Fees: 3% or $10

Everything offered by the BuyBuy BABY Store Card can also be acquired using the BuyBuy BABY Mastercard, including the special financing programs and initial coupons and discounts. But this card goes a step further and provides shoppers with even bigger rates and more bonuses.

Firstly, the interest rate is generally much less. It will depend on your creditworthiness, and if you have a poor credit history you may be refused, but if you’re accepted the APR should be much lower. Secondly, in addition to the 5% rate of cash back for BuyBuy BABY, Bed, Bath & Beyond and other brands in the same family, cardholders can get 2% when spending at gas stations and grocery stores and 1% everywhere else.

Users who spend at least $1,000 in the first six months of membership will get an extra $25 gift certificate and an extra $75 if they spend $6,000 in this time.

Bed Bath & Beyond Mastercard

  • Annual Fee: No
  • Interest Rate: 15.49% to 25.49% Variable APR
  • Sign-up Bonus: $25 discount on $100 purchase; $20 on account opening; additional gift cards up to $100 when certain terms are met
  • Reward Rate: 5% cash back for every dollar spent at Bed, Bath & Beyond, BuyBuy BABY, Harmon Face Values, and Christmas Tree Shops; 2% for gas stations and grocery stores; 1% elsewhere
  • Promotional Financing Offers: 6 to 12 month financing offers
  • Other Perks: Discounts, special offers, and coupons
  • Foreign Transaction Fees: 3% 
  • Balance Transfer Fees: 3% or $10
  • Cash Advance Fees: 3% or $10

The Bed, Bath & Beyond credit card offered many of the same benefits as the BuyBuy BABY Mastercard outlined above. Both of these cards are geared towards all brands in the Bed, Bath & Beyond family, and both of them offer the same high rate of rewards and the same generous bonuses.

Which Card is Best for You?

Store cards and credit cards both require you to open a new tradeline and this will expose you to risk and debt, while adding a new account to your credit report. It could reduce your credit score (albeit minimally) but will also give you access to a rewards program and a few generous benefits.

In all instances, these cards are only beneficial if balances are paid in full every month, because as soon as you resort to covering the minimum monthly payments, the balance will roll over, you’ll be charged interest, and these exciting credit card offers will become more of a burden than a bonus.

If you clear your balance in full every month, it really all comes down to your credit score, the other cards you have in your wallet, and if you spend a lot of money at Bed, Bath & Beyond stores or not. 

We would always recommend the open-loop credit cards (typically branded with the Mastercard, Visa or American Express logos) over the closed-loop store cards. The rates are lower, the bonuses are better, and you’ll get a good rate of return when you shop at the store in question. 

What’s more, while you will be given a much higher credit limit, this will actually benefit your credit score in the long-term providing you don’t use it and allow the balance to roll over.

But if your credit score isn’t high, you’re worried that you’ll be tempted into using a high credit limit and/or you already have a good general reward card for other purchases, the store card will suffice.

Alternatives to the Buy Buy Baby Credit Card

The Buy Buy Baby reward card has some generous rates and offers and is a far better option than many other store and retail credit cards, putting a host of popular options to shame. However, when you compare it to popular cash back and travel credit cards, it begins to look a little less appealing.

All these cards will earn you money/points when you spend at Buy Buy Baby and Bed Bath and Beyond, and they’ll also give you more points for all other purchases. Make sure you include them in your credit card search to ensure you get the right card for you:

Blue Cash Preferred American Express

The Blue Cash Preferred credit card from American Express has an annual fee of $95, which is an immediate turn off for many consumers, but depending on how much money you spend every year, it could be worth the extra cost.

Firstly, the Blue Cash Preferred card offers a $250 statement credit boost when you spend $1,000 in three months from account opening. This will be an easy target for the majority of reward card users, as the average is over $800 a month, but if you’re making unnecessary purchases just to hit that target, you may be out of your depth with the Blue Cash Preferred card.

In addition to this bonus, cardholders can secure up to 6% cash back on specific services. The most common 6% rate applies to US supermarkets and is limited to $6,000 a year. There is also a newer rate that applies to regular monthly expenses.

This 6% rate is relatively new and isn’t scheduled to last very long, but it applies to all US-based streaming services, which means you’ll earn cash back on your monthly Netflix, Hulu, and Amazon Prime subscriptions.

Furthermore, there is a 3% cash back rate on all domestic travel, spanning everything from trains and buses to taxis, rideshares, and even tolls, as well as a 3% rate on gas station purchases. Finally, a fixed rate of 1% applies to all other expenses.

Chase Freedom Rewards Credit Card

The Chase Freedom is a no-annual-fee card that offers up to 5% cash back on certain bonus categories every quarter. You need to activate these categories to take advantage and there is a limit of $1,500 per quarter, to a total of $6,000 per year.

Chase Freedom bonus categories include gas stations, rideshares, grocery stores, and supermarkets. Once this limit has been reached, the rate will drop to 1%. This 1% rate is also offered for all non-bonus categories and there is no limit to the amount you can earn with it.

In addition to these big rewards, Chase Freedom cardholders can scoop a $150 welcome bonus when they spend just $500 on their credit card in the first three months from account opening.

Chase Freedom Unlimited Rewards Credit Card

The Chase Freedom Unlimited could be considered a step-up from the Chase Freedom credit card, but you won’t necessarily benefit from the Unlimited version. It all depends on where your money goes every month and if you consistently spend more than the quarterly limits.

Just like the Chase Freedom, the Chase Freedom Unlimited doesn’t charge an annual fee and offers similar rates and terms. However, in exchange for the 5% bonus rate and 1% flat rate, there is a flat rate of 1.5% that applies to all purchases, with no bonus categories or spending limits.

You’ll also get the same $150 bonus when you spend $500 in your first three months.

Wells Fargo Propel American Express

The Wells Fargo Propel credit card uses a points-based rewards system that gives all cardholders 3 points per $1 spent on qualifying purchases and 1 point for every $1 spent elsewhere.

Bonus categories include travel, transport, and gas stations, and there are no limits to the amount of points that can be earned via these categories. Points can be redeemed for a host of travel purchases, including airline tickets, and they can also be transferred to other Wells Fargo cards.

As a new cardholder, you can also secure 20,000 points when you spend just $1,000 in the first 3 months of your membership.