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Sony Announces a PlayStation Credit Card

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PlayStation has taken a step forward in simplifying operations related to its online platform and officially licensed products, as it introduced its new credit card that will bring a series of rewards to the brand’s fans.

Through an update on the official PlayStation blog, Kristin Ferrito, director of brand activations, announced the arrival of the new credit card called as PlayStation Credit Card, which arises from an alliance with the specialized company of Capital One and will join the program of Sony Rewards.

Starting today, PlayStation fans in the United States will be able to apply to be approved and start enjoying their benefits. At the beginning, those who are approved will receive the card and by activating it players will receive a code of $50 USD for the PlayStation Store; of course, after you make your first purchase.

Other benefits of the PlayStation Credit Card include its integration into the Sony Rewards Points program that will reward users for purchasing certain types of products and also for purchases at stores registered in that program.
Thanks to a reward points model, users will receive 5 points when using the card in PlayStation Store, 5 points when using it to pay Sony and PlayStation products, 3 points when paying their monthly smartphone bill and 1 point when using it in participating establishments. To give you an idea, 100 points are equivalent to $1 USD in the Sony Rewards program.

On the other hand, the PlayStation Credit Card will have exclusive benefits as a 50% discount on the annual PlayStation Plus membership for those who have spent $3000 USD on total purchases for one year. Obviously, this new card will bring 10% discount for PlayStation Vue, PlayStation Music and PlayStation Now.

The PlayStation Credit Card has no annual fee and for the Annual Interest Rate, PlayStation reported that it will be 0% until March 2018 and from there it will be placed between 14.99 and 24.99% depending on the user’s credit history. Finally, this card can be customized with designs inspired by video games.