The gaming giant PlayStation partnered with Comenity Bank to offer a credit card that caters to the purchasing needs of avid gamers. It is a no-annual-fee credit card packed with cash-back rewards for purchases of Sony and Playstation products.
Background On The PlayStation Visa Credit Card
The PlayStation Visa credit card was designed to meet the needs of PlayStation enthusiasts. It is a perfect card for gaming purchases, settling recurring payables, and more. Card users are offered digital-centric perks and rewards points for every dollar spent on Sony and PlayStation purchases.
Key Features Of The PlayStation Visa Card
When you sign up for a PlayStation Visa Card your account will be automatically linked to the Sony Rewards program. You will earn 5 points per $1 spent on your purchases made at playstation.com, the PlayStation Store, and authorized stores. You will earn 3 points per $1 spent on telecom bill payments, 2 points per $1 spent on dining expenses, and 1 point per $1 spent on all other purchases.
You will also receive two bonus perks upon sign-up. When you make your first purchase within 60 days after sign-up, you will receive a $50 worth of PlayStation store code. You will be rewarded with a $75 games coupon when you spend $500 within 60 days after card activation. This no-annual-fee Visa card also offers 0% introductory APR on all purchases made within 6 months after sign-up. If you are planning to upgrade to the new PS5, it is best to do it within the special introductory period because after it ends, a 13.99% – 22.74% APR will take effect.
New cardholders will also be entitled to Visa Zero Fraud liability protection, Roadside Dispatch, Instant credit line access, and Auto Rental collision damage waiver upon sign-up. Once approved, you can shop instantly using a temporary online shopping pass which you will receive via smartphone. You will also have the option to choose your card design from leading game titles.
How To Apply For A Playstation Visa Card
To sign up, go to the Playstation Card website and click the Apply Now button. Fill up the online application form and provide the required financial information. Carefully read the Terms and Conditions, Credit Card agreement, Private Statement of Comenity Bank, Sony Terms & Conditions, and other information presented in the Electronic Consent section. Before you click the Submit button, check the consent box. After your submission, you will receive an immediate notification of whether your application was approved or not.
To be eligible for a card, you must be of legal age, have a photo ID that was issued by the US government, and have a valid government-mandated identification number such as SSN or SIN. You also need a physical street address because Comenity Bank does not accept PO box mailing addresses.
Frequently Asked Questions (FAQs) About The PlayStation Visa Card
Below we answer some of the most frequently asked questions regarding the playstation credit card from Comenity bank:
How do I activate my new PlayStation Visa Card?
Answer: You can activate your account online or via phone through this number 1-866-308-5731. Make sure to have your card with you and your information ready when you make the call. You can start using your card immediately after you have successfully activated it.
How do I know if my application was approved?
Answer: After submitting your application, you will be notified immediately that your application was approved and your account details will be sent to you within two weeks. If your application needs to be reviewed further, you will be notified of the results within 7 to 10 business days.
How do I adjust my credit limit?
Answer: You can increase or decrease your credit limit by contacting Customer Care at 1-866-281-2504 (Visa) or 1-866-284-2811 (Visa Signature) and TDD/TTY: 1-800-695-1788.
Can I use my PlayStation Visa card to withdraw money at an ATM?
Answer: Yes, you can use the card to get cash up to $400. You will be charged with a cash advance fee plus a service fee by the bank that operates the ATM.
What is a late fee?
Answer: The late fee is the penalty for missed payments. To avoid incurring penalties, you should pay online by 6 PM on or before the due date. Any payments made after 6 PM of the due date will be credited the following day and incur a late fee.
What is Comenity’s EasyPay?
Answer: It is an online payment channel that does not require cardholders to register with the Account Center and provide a username or password. You will just be asked for some identifying information before you can get secure payment access. EasyPay is solely for payments. You need to register with the Account Center so you can access information on your rewards, balance, or credit limit.
All About Comenity Bank
Comenity Bank is a major credit card company that launched its first credit card in 1986. It has partnered with top retail stores in the US to provide consumers with more than 160 branded credit programs. Their credit cards cater to frequent shoppers at partner merchants such as Abercrombie & Fitch, American Home, Ann Taylor, Barneys New York, Bealls Florida, Burkes Outlet, Crate & Barrel, GameStop, J. Crew, Lexus, Pottery Barn, Sony, Toyota, True Value, Victoria’s Secrets and many more.
Comenity Bank now manages more than 50 million private label, branded, and commercial credit cards customers. They also offer high-yield savings products and certificates of deposit at competitive interest rates through their online bank, Comenity Direct, established in 2018.
Conclusion
This card is perfect for avid Playstation and PS4 gamers who are frequent buyers of Playstation and Sony products. If you are a Playstation loyalist, this card is ideal for you because you get to convert your purchase points into rewards and get a hold of amazing deals. Pass it up if you prefer other gaming platforms or will use the card more for shopping and bills payments. You can get better incentives and lower APR from non-gaming cards offered by Comenity Bank.
Should you apply for a Playstation Visa Credit card? It is worth considering if you are hooked on Playstation and Sony products. If you are eyeing the latest console, apply for one now to enjoy the introductory bonus perks and select free games.