PlayStation Credit Card Makes Buying Rewarding - Other News

Advertising Disclosure

Credit-Land.com is an independent, advertising-supported web site. Credit-Land.com receives compensation from many credit card issuers whose offers appear on our site. Compensation from our advertising partners impacts how and where their products appear on our site, including, for example, the order in which they may appear within review lists. Credit-Land.com has not reviewed all available credit card offers in the marketplace.

Credit Card Applications » News » Other » PlayStation Credit Card Makes Buying Rewarding

PlayStation Credit Card Makes Buying Rewarding

Add to Favorites:
PlayStation Credit Card Makes Buying Rewarding

The good people who brought you that amazingly fun and addictive PlayStation have come up with a new way to market to their customers. Gamers familiar with PlayStation are being marketed credit cards with a few great incentives to encourage long-term use of the Visa logo bank product.

The recently introduced PlayStation credit card is undoubtedly geared towards a younger demographic. This credit card provides PSN gamers with reward points towards PlayStation games with every purchase they make. Ginger Kraus who works as the Senior Director of Promotions at Sony America stated in her blog “The PlayStation Card lets you earn points on all of your purchases including 10X points on each of your game-related PSN purchases and rentals.” This credit card has been launched in partnership with Capital One Bank and is anticipated by consumer research groups to be very popular with the 18-24 year old market of gamers.

Creating incentives geared around products and services is not an entirely new concept for the banking industry. Other credit card and debit card products from firms like JP Morgan Chase and US Bank offer a point system of rewards on making certain types of purchases. These point-based purchases can range from discounts on coffee from your favorite Starbucks, to discounted book deals online from Amazon. This PSN credit card is unique in that it targets a very much niche market demographic of the population. It`s a very smart decision to focus on this niche market though as it speaks to a demographic with aggressive spending habits.

This type of marketing of financial products to a youth market may become more and more trendy as time moves on. The 18-24 year old market is notorious for being the highest level of video game players. But they are also typically naive to things like credit cards and taking out financial loans from banks. This will be a great way to cater to both their buying habits, as well as their niche interest levels. In a challenging economy where it`s often hard to tell what consumers want or need, products like the PlayStation credit card are a wonderful solution to increasing American spending habits. It not only creates incentives to buy items like video games and rentals, hence feeding the economy, but also helps increase credit card use, which has been historically low in recent years.

All credit cards terms, fees and rates mentioned in this article/post are actual on the posting date. See the current products’ Terms & Conditions on the issuing banks' websites.
Add to Favorites:

Related News:

Chase Adds Two New Point Transfer Travel Partners

Posted: November 20, 2017

Chase has inked a new deal with the Aer Lingus loyalty program, AerClub, and the Iberia loyalty program, Iberia Plus, making them their newest Chase Ultimate Rewards point transfer partners. This new deal lets eligible Chase credit ... Continue reading
Small Business Owners Optimistic and Going Digital

Posted: November 17, 2017

Optimism is up and on track among small businesses this quarter according to the new The Q4 Wells Fargo/Gallup Small Business Index, also finding that hiring is in the air for some of these businesses, along with upping their game when it ... Continue reading
Small Business Owners Are Feeling Confident

Posted: November 16, 2017

Small Business owners gave both the national and global economy a thumbs-up according to the new Business Leaders Outlook report from Chase for Business, with 56% feeling confident about the national economy and 44% saying the same for the ... Continue reading
Get the latest news, articles and expert advice delivered to your inbox. It's FREE.
We'll match all the Miles you've earned at the end of your first year. For example, if you earn 30,000 Miles, you get 60,000 Miles.
For Excellent, Good Credit
INTRO OFFER: Discover will match ALL the cash back earned at the end of your first year, automatically.
For Excellent, Good Credit
Our application is quick and easy with instant pre-qualification available
For Fair / Good Credit