[quote name='mvp828']Hey I am right there with you, I bought a PS3 two weeks ago, and made 75 bucks profit selling it on eBay.
As for the credit part you were talking about, it is so important for me to have this, I only had one other credit card like item (Visa Debit Check Card), so this was a great way for me to start building credit at 19 years old.
Another thing that many people don't realize is that when you just sign up for a credit card and get approved that is reflected in your credit score. Many people just think "Ahh, I just want the free gift!" not the best way to look at it, as it can hurt you in the long run.
I will end this now that I have wasted everyone's time.[/QUOTE]
Not a waste of time, and I was going to mention the same thing. Opening a new line of credit will affect your credit score negatively, even if it is just a Meijer credit card.
For someone in the 16-20 year-old range who only has one or no credit cards, this isn't necessarily a bad thing, as opening a line of credit as a means to establish a credit history is necessary.
But (for example, not me

) a 30 year old that already has eight credit cards, a mortgage, a car payment, student loans, etc., a new credit card really isn't worth the 28% off a one-time purchase.
It's especially bad for someone who is looking to open a major line of credit soon, like a home loan or a car loan, as the amount of time since you last opened a line of credit is taken into consideration when you apply for those. If you've just applied for a Meijer credit card and then go to apply for a mortgage, your credit report will show that the average American opens a new line of credit every nine months (for example) and that you've opened one in the last two weeks, and will lower your score accordingly. While that may not seem like a big deal on the surface, it could be. For saving $200 on a PS3, you may have bumped up a possible mortage rate one or two tenths of a percent, which is a heck of a lot more than $200.
So yeah, think first.