Review: Sony Credit Card

sony-credit-cardIn case you’re an enormous Sony fan — perhaps you’re saving up for a Sony TV or a PlayStation — you may be within the Sony Card, a Visa bank card issued by Capital One which means that you can earn rewards towards future Sony purchases. Beneath is a quick over / overview of the cardboard:

The Sony Visa presents a factors program with the next method:

  • 5 factors per greenback on Sony purchases (however it’s important to submit buy affirmation through a Sony Rewards Bonus Factors type to get all of the factors, yuck)
  • 5 factors per greenback on leisure purchases, which incorporates digital streaming and subscription providers, live performance and sporting occasions, music and video downloads, film and theater tickets.
  • 1 level per greenback on all different purchases.

Your factors can then be used towards future Sony purchases, together with electronics, video games, motion pictures, music, “VIP” experiences and extra. You usually will get one cent of worth per factors — for instance, 10,000 factors ought to normally get you $100 of rewards.

As well as, you get 5,000 bonus factors after your first buy with the cardboard.

We’ve an actual drawback with the truth that Sony solely offers you the complete 5 factors per greenback in your Sony purchases in case you fill out a “Bonus Factors type.” We’ve by no means heard of every other bank card that does one thing comparable. You’ll get 1 level with out filling out the shape, however not the opposite 4. It’s a very weird factor to require, an enormous turnoff.

The rate of interest on the cardboard will probably be someplace between 16.24% and 24.99%, relying in your credit score historical past. None of these charges is superb, so do your greatest to not carry a stability on this card, otherwise you’ll basically cancel out any rewards you obtain. (And perhaps pay much more than the rewards could be.)

There isn’t any annual charge for the Sony bank card.

Must you get this card?

With so many different bank cards available on the market, it’s troublesome to see why you’d need to get a bank card that makes you bounce by way of hoops to get your factors whenever you buy their merchandise. And even when they didn’t, your factors may solely be used towards Sony merchandise and experiences, that means there may be little or no flexibility in redeeming your rewards. The 5 factors per greenback on leisure purchases is enticing; in any other case, we’re underwhelmed with what you get right here.

In our ebook, you’d be higher off getting a good cash back credit card than selecting the Sony Card.