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Circuit City cardholders being offered Best Buy cards

Circuit City credit cardholders can expect replacement Best Buy credit cards to show up in their mailboxes sometime next month.

Chase Bank, which handles Best Buy’s private-lavel credit card, also managed Circuit City’s credit card, Bloomberg reports.

Since the second-largest U.S. electronics retailer was liquidated last month, its credit card customers have been receiving letters like the one published here on The Consumerist blog.

The cards’ rates, fees, terms and balances will carry over onto the Best Buy cards, according to the letter.

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