This news about Best Buy and Circuit City was recently reported.
Best Buy Co. Inc. is making a move to woo people who had credit cards through its now-defunct competitor — Circuit City, according to media reports.
Best Buy spokeswoman Sue Busch told Bloomberg News that Chase Bank USA will automatically issue Best Buy cards to existing Circuit City credit-card holders.
A notification to Circuit City cardholders was sent March 26.
Chase handled credit-card transactions for both retailers. I’m sure Chase doesn’t want to lose those customers, just find a place to put them and Best Buy seems like a no-brainer.Circuit City May Be Dead, But Not The Circuit City Credit Card. It's Alive. by Steve Rhode