The capital one PlayStation is a great deal. After making your purchase you get 5000 sony rewards point on the PlayStation credit card. The major thing is that you should do it within 90 days and you can get a PSN card.
Redeem those points through your PSN account for PS4 video games, digital games, add-ons, store code gift cards, electronics and more. If you make at least $3,000 in purchases within one year of card approval, you can also get a 50 percent statement credit on a 12-month membership with Sony PlayStation Plus. For purchases on these PlayStation networks, you will get another 10 percent return as a statement credit: PlayStation Now, PlayStation Vue, or Spotify.
What is a Playstation Card?
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Before moving into the Playstation credit card review, let us know what the card is and why do we need it. Playstation card is a branded reward credit card without any annual fee and a complicated loyalty program in favor of PlayStation and Sony purchases as well as certain other categories. Before you use the card sign up separately for Sony Rewards a fast and easy process.
Once you have Sony Rewards points redeem it on a wide range of electronics, entertainment, special experiences, gift cards, online store codes and a lot more. The redemption values of Sony Rewards points vary wildly depending on how they are redeemed. When redeemed for gift cards and full-priced merchandise, they are worth $0.01 per piece or less, and up to several times that amount when redeemed for special, time-limited deals and items sold through Sony Auctions online.
While Capital One supports this card, it is not related to the money-back or traveling loyalty programs of Capital One. In reality, it’s important to think of the PlayStation Card as Sony’s traditional, rewards card through every channel – the Capital One logo just happens to be on it.
As PlayStation Card is slightly different from traditional cash back and travel rewards credit cards, comparisons with other cards are hard to make difference between apples and apples.
Playstation Credit Card Review
Here is all you need to know about the Playstation credit card review:
Sign- Up Bonus
You need to make at least one purchase within 90 days of opening your account you get 5000 bonus points.
Earning Rewards
With the Playstation Card, you can earn a minimum of 10 Sony Rewards points per $1 on all PlayStation stores. Earn 3 points for every $1 spent. Branded purchases like sony electronic equipment. The PlayStation Card also earns an unlimited 3 Sony Rewards Points on purchases from restaurants, theaters and mobile phone expenses (not hardware), with no Bonus Points required for any of these categories. Ultimately, for all other transactions, the card receives an additional 1 point per $1 spent.
Redeeming Rewards
Redeem the collected rewards for a wide range of general merchandise, entertainment items like movies, music, games, gift cards and various experiences at the sony reward portal. To know more browse through sony’s general catalog of thousands of full price or slightly discounted merchandise items, entertainment items, and gift cards.
The redemption amount starts minimum at 500 points and the redemption value is lower than $0.01 per point. PlayStation Card users sometimes receive special sea’s not available to regular SOny Rewards members. These are hard to predict available points.
Apart from the general catalog Sony offers a handful of items per day through the deals and steals feature. This feature offers deep discounts ranging from 10 % to more than 50 % on electronics, music and other accessories. Suppose you don’t have enough points to redeem for a single catalog, you can just fill up the variation by buying additional points at flat $0.01 for per point.
Redeeming Rewards
Redeem your Sony Rewards in periodic auctions. Showstoppers auctions are auctions for Sony-branded collectibles and experiences like private events. These collections are hard to find anywhere else. The showstoppers auction process works similar to different online auctions, except for using Sony Rewards points for the bid.
In case you don’t have points to bid you can purchase additional points and fill the gap. Sony will give 10-hour Reverse Auction which is more timed than the traditional sales. This sale usually comes around the third Wednesday of every month.
The listed prices in the REVERSE AUCTION drops by a predetermined amount. You can choose to wait but usually, the supplies run out before a 10-hour limit. The PlayStation cardholders will get deep discounts as compared to a non-card holder.
During the reverse auctions, Sony doesn’t get into too much detail in calculating the difference. As the item prices fluctuate during the auctions, particularly for special experiences that may have set the retail values.
There is no purchase APR. No annual balance transfer or foreign transaction fees. The advance cash is more than 10% or 3 % of the advance. The returns will cost you around $35. Good credit is needed for this card. Maybe one or two credit ding will not disqualify the proposal, but there may be more serious issues.
Capital One’s PlayStation ® Card
Capital One’s PlayStation ® Card is not typical reward points. Both are significantly more complex than the average competitor. For many prospective cardholders, including casual gamers and fans who might usually be fascinated by the concept of apparel and amusement redemptive points, that’s off-putting.
But on the other side, when you are a frequent user of PlayStation who also enjoys electronics and movies, this card is likely to be important to you. As with most premium products, the relevance to outsiders is still not readily visible – and it couldn’t be more clear to others in the know. Check out our other evaluations of credit cards for more options. Many people have versatile terms, low-interest rates, and big rewards.
For all other details, go to the PlayStation credit card website and get all the benefits for it now.
