Sony and Capital One Launch New PlayStation Credit Card

October 2, 2017, Written By Lynn Oldshue
Sony and Capital One Launch New PlayStation Credit Card

Sony and Capital One have partnered to create a new PlayStation credit card. The PlayStation Card is backed by Visa, and gives a number of awards for gaming enthusiasts.

Sony is offering five rewards points per $1 spent at the PlayStation Store or on PlayStation or Sony products. Users can also earn three points per $1 spent on mobile phone bills. All other purchases earn one point per $1.

According to the rewards program FAQ, Sony Rewards can be used for games, collectible items and “exclusive Sony once-in-a-lifetime experiences.” The points do expire, but cardholders will have five years to use their rewards.

The current sign-up bonus offers a 50% statement credit applied toward a PlayStation Plus Membership. To earn this, users must make $3,000 worth of purchases on the card within the first year. Cardholders can also earn a 10% statement credit for purchases made on PlayStation Now, PlayStation Music or PlayStation Vue.

The PlayStation Card has no annual fee and 0% APR on purchases through March 2018. After that, there is an APR of 15.49% - 24.99% (Variable), depending on your credit worthiness.

The information contained within this article was accurate as of October 2, 2017. For up-to-date
information on any of the terms, cards or offers mentioned above, visit the issuer's website.

About Lynn Oldshue

Lynn Oldshue has written personal finance stories for for twelve years. She majored in public relations at Mississippi State University.
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