UPDATE 9/8/09: PLAYSTATION VISA Promo - Back to $100 credit instead of $300

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As of 9/8 - ONLY $100 CREDIT... NO MORE $200 EXTRA CREDIT..

A NEW PLAYSTATION VISA PROMO - UPDATED 8/28/09

YOU DO HAVE TO MAKE THE 1ST PURCHASE OF $ 299 OR MORE FROM SONYSTLE.COM "ONLY" THIS TIME.

3 x $ 100 Statement Credit within 6 months.

1st - $ 100 instantly
2nd - $ 100 after charging $ 1500 to the card within 3 months of card opening
3rd - $ 100 after charging another $ 1500 to the card within 6 months of card opening
Total = $ 300 off after charging $ 3299 = 9% cash back + Reward Points. The best offer from a credit card at the moment or ever.

THIS IS A REGULAR VISA CREDIT CARD with Playstation brand on it. So if you already use your current CC for everyday purchases; such as Gas, Groceries, Phone, Cable etc. Just use this Playstation card until it hits $3000 + $400 for the PS3 within 6 months, collect the $300 off. Don't forget to pay it in full (at the very least by the end of 12 months since it's interest free for 12 months.) THEN YOU CAN KEEP USING THIS CARD TO COLLECT SONY POINTS OR GO BACK TO YOUR OLD CC.

THIS PROMO WORKS BEST FOR "RESPONSIBLE" PEOPLE WHO TAKE ADVANTAGE OF CREDIT CARD COMPANY (GETTING PAID FOR BORROWING INTEREST FREE MONEY FOR AT LEAST 30 DAYS EVERY MONTH) AND USE THE CC FOR EVERYDAY PURCHASES TO MAXIMIZE THE BENEFIT.


PS3 = $ 299.99 - $ 300 - Reward Point Statement Credit = FREE + $$$.


http://www.us.playstation.com/PSN/Events/PlaystationCreditCard/index.html

Get up to $300 back with the PlayStation® Card

SPECIAL OFFER: Apply now for the PlayStation® Card, get instantly approved and get $100 card credit when you purchase a PlayStation®3 system with your new PlayStation® Card.1

BONUS OFFER: Use your PlayStation® Card on your everyday purchases, spend an additional $3,000 or more and qualify for an extra $200 card credits.1
Every time you use the PlayStation® Card - whether it's on digital goods and subscriptions at PlayStation®3 Home, or on everyday purchases like groceries, gasoline or dining - you'll earn valuable Sony Rewards Points redeemable towards the latest Sony products such as: PlayStation® games, Blu-ray Disc™ movies, Sony electronics and much more!2

Terms and Conditions
1. Your first single sales receipt of any products or services purchase(s) made at SonyStyle.com only, equal or greater than $299 ("Qualifying Purchase") within the first 45 days your account is open will automatically qualify you for the first $100 Statement Credit. The first $100 card credit will be applied to your PlayStation® Card account 8-12 weeks after your Special or Qualifying Purchase (Qualifying Purchase does not include balance transfer or balance transfer checks) account must be open and not in default at the time of fulfillment. You will qualify for a second $100 card credit when you charge to your PlayStation® Card account an additional $1,500 within the first 3 months of account open date. You will qualify for a third $100 card credit when you charge to your PlayStation® Card account an additional $1,500 by your 6 month anniversary. Limit of three (3) $100 card credits to each new PlayStation® Card account, after each qualifying spend limit is met within the specified timeframes described above. This offer may not be combined with any other Sony Card or PlayStation® Card offer. In some instances an application may require additional processing, in which case Instant Credit will be unavailable. When you are approved for the PlayStation® Card, you will receive your account and CVV2 number and expiration date on-screen. Please make sure to make note of your account and CVV2 number and expiration date as this information will not be available until you receive your card in the mail. If you are approved, you will be able to make a one-time purchase at SonyRewards.com only, with up to a maximum line of credit of $5,000. Additional purchases with this account cannot be made until your card is received in the mail. This promotional offer is available for new PlayStation® Card account holders only; existing PlayStation® Card account holders or accounts are not eligible. Accounts subject to credit approval. Restrictions and limitations apply. PlayStation® Card credit cards are issued by Chase Bank USA, N.A. See Pricing and rewards for details.
2. You will earn 5 points for each $1 of net purchases made with your Sony Card at Sony Style stores and www.sonystyle.com. You will earn 1 point for each $1 of all other net purchases made with your Sony Card. Purchases of Sony products made at any authorized Sony retailer that earn 1 point for each $1 spent (excluding www.sony.com/playstationcard) are eligible for an additional 2 points from Sony Electronics, Inc. Please visit www.sony.com/playstationcard for more details. Sony Electronics, Inc. is wholly responsible for fulfillment of 2 bonus points. You do not earn points on balance transfers, cash advances, any checks that are used to access your account, overdraft advances, travelers checks, interest, unauthorized or fraudulent charges, or fees of any kind, including fees for products that protect or insure the balances of your account. See Rewards Program Rules and Regulations which will be mailed after your account is established.
 
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Still not enough to play on the ps3 at any price right now, im really not sure id even buy one for $99 right now since it would mostly sit there... im using my Playstation card though for reward points, hopefully in a few years it will be worth it for one... wow i checked my most recent statement and im paying almost 11% apr right now after only owning the card a few months. Just gonna pay it off and ditch it i think. So much for Sony Rewards...
 
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[quote name='farfus']Still not enough to play on the ps3 at any price right now, im really not sure id even buy one for $99 right now since it would mostly sit there... im using my Playstation card though for reward points, hopefully in a few years it will be worth it for one... wow i checked my most recent statement and im paying almost 11% apr right now after only owning the card a few months. Just gonna pay it off and ditch it i think. So much for Sony Rewards...[/QUOTE]
So let me get this straight... you opened the account, did NOT take advantage of the PS3 offer, AND you're carrying a balance and paying interest, AND you're going to close the account before even taking advantage of the rewards? :applause:
 
[quote name='kart007k']This is not how you sell you system in bad economy.[/quote]No, but this is how you can help the economy if you get enough people to do this.
 
Hi guys, wow this is sure a tumultuous thread!

As you can see, I'm a new member here at CAG. I came hoping to find a cheap deal on a PS3, and stumbled onto this thread.

I just received my Playstation Visa card in the mail today after signing up for the deal last week. There sure seems to be a lot of confusion about the offer here!

I'm of the firm opinion that you do not have to purchase a PS3, and also that you don't have to buy it at sonystyle.com in order to qualify for the $100 reward. I believe that the reason the PS3's on sonystyle.com are linked in the .pdf that was posted earlier is that you are allowed to buy those things as soon as you are approved for the card; if you want to buy anything else, or from a different store, you must wait until you receive your card in the mail. Of course, there is an advantage to buying at sonystyle.com, and that is the 5 points per dollar spent.

I have a question about which PS3 is the better deal. Does anyone think that the 160GB version which comes with the two free games is worth the extra $100? The games both look like something I'd enjoy playing, so that right there is $70 or $75 of the difference. Any thoughts?

Thanks in advance! :)
 
[quote name='Wits']I have a question about which PS3 is the better deal. Does anyone think that the 160GB version which comes with the two free games is worth the extra $100?[/quote]
IMO, no. Uncharted can be had for ~$45 or less, and the remaining ~$55 will go a lot farther if you're willing to purchase and install a new HDD yourself.

ETA: Spent a few minutes Googling, and the 160GB bundle is an even worse deal than I thought. Sealed copies of Uncharted are going for as low as $30 on eBay, and I found a 500 GB Seagate SATA hard drive for $65. That's just from Googling hard drive and clicking on the first few links I found, not even putting effort into finding a deal. So that's a sealed copy of Drake's plus a 500 GB drive for around $100, plus you'd still have the original 80GB drive to reuse or resell after you replace it.
 
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Yes, I paid $55 AR for a 320 GB 6 months ago... and Uncharted can be had for $45 or less... But if you're not willing to change the HDD yourself, this 160Gb maybe for you.
 
This is a no-brainer deal if you have good credit, use your card for daily expenses and pay your card off in full each month. Getting a credit card and using it responsibly only improves your credit worthiness to other financial institutions. Don't believe all the negative talk in here about getting a credit card. Somewhere down the road you will need a loan to buy a car or a house. A bank will be much more confident in lending you money if you have proven that you can manage an open line of credit responsibly rather than someone who has no borrowing history whatsoever.
 
[quote name='Ryuukishi']IMO, no. Uncharted can be had for ~$45 or less, and the remaining ~$55 will go a lot farther if you're willing to purchase and install a new HDD yourself.

ETA: Spent a few minutes Googling, and the 160GB bundle is an even worse deal than I thought. Sealed copies of Uncharted are going for as low as $30 on eBay, and I found a 500 GB Seagate SATA hard drive for $65. That's just from Googling hard drive and clicking on the first few links I found, not even putting effort into finding a deal. So that's a sealed copy of Drake's plus a 500 GB drive for around $100, plus you'd still have the original 80GB drive to reuse or resell after you replace it.[/quote]

Thanks much for putting in the extra effort and looking up stuff like that; I'm not sure why in the heck I didn't think of doing it myself. :oops: I've been building computers for a number of years so installing a HDD in a PS3 shouldn't be a problem. Once again, many thanks! :)
 
[quote name='redline']So let me get this straight... you opened the account, did NOT take advantage of the PS3 offer, AND you're carrying a balance and paying interest, AND you're going to close the account before even taking advantage of the rewards? :applause:[/quote]

Actually yep think so, i have like 500 reward points, what would that buy me a electric cord?? Got a great offer from Discover, and im transferring my balance to them. But i havent gotten rid of the card, probably gonna wait till they offer some desperation ps3 offer and get one on the cheap. Sony's card i have sucks major ass, though, completely...
 
[quote name='farfus']Still not enough to play on the ps3 at any price right now, im really not sure id even buy one for $99 right now since it would mostly sit there... im using my Playstation card though for reward points, hopefully in a few years it will be worth it for one... wow i checked my most recent statement and im paying almost 11% apr right now after only owning the card a few months. Just gonna pay it off and ditch it i think. So much for Sony Rewards...[/quote]

how exactly is that possible? when i applied / got approved it says i have 0% interest for the first 12 months...
 
I dont know, Chris, but my card is two months old and i checked the apr yesterday morning and its right at 10.85% already. I didnt get in on any offers, i signed up for the card in november. Just assumed it was 0%, but it wasnt at all. Gonna keep the card and use it some day but no time soon. Getting a discover with 0% for 6 months and then 6.99 for good. And i get actual cash back at the end of the year, not something i may or may not purchase if i had a choice.... since i got a great deal on a 360 getting a ps3 is the least of my concerns, just having fun gaming on a fun system is what im doing now...
 
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Apparently, some people in SD tried to purchase the PS3 from Dell, and got the $100 credit. He posted a screenshot of his online statement as a proof.

He also mentioned that he used the temporary number that popped right after he got instant approval.

attachment.php
 
Do you have to use the temporary card number to buy the PS3 right when you sign up or can you wait and just use the actual card when it shows? I saw in the terms & conditions that you don't have to make the PS3 purchase until 3/31 so I thought I might just wait to see if we know anything more about a potential PS3 price drop over the next month before buying.
 
Just getting the Playstation VISA card gets you a $100 credit. Even if you didn't ever charge anything else on the card, this is a good deal. The other $200 worth of credit is just bonus.
 
[quote name='Sideswiper']Just getting the Playstation VISA card gets you a $100 credit. Even if you didn't ever charge anything else on the card, this is a good deal. The other $200 worth of credit is just bonus.[/quote]

Huh, you got the card and got $100 credit on your statement without even purchasing anything?
 
[quote name='gi60']Apparently, some people in SD tried to purchase the PS3 from Dell, and got the $100 credit. He posted a screenshot of his online statement as a proof.

He also mentioned that he used the temporary number that popped right after he got instant approval.

attachment.php
[/QUOTE]

I did this and had the credit within a week. Bought the PS3 from dell on 1/30 using the temp number and got the credit on my statement on 2/5.
 
[quote name='GLOCKGLOCK']Do you have to use the temporary card number to buy the PS3 right when you sign up or can you wait and just use the actual card when it shows? I saw in the terms & conditions that you don't have to make the PS3 purchase until 3/31 so I thought I might just wait to see if we know anything more about a potential PS3 price drop over the next month before buying.[/quote]

You can wait until you get the card and use it before 3/31.. but the Dell deal is too good to pass if it shows up again or is it still running now? That guy will only pay $ 42 or almost free after statement credit from Sony Reward point.
 
[quote name='gi60']You can wait until you get the card and use it before 3/31.. but the Dell deal is too good to pass if it shows up again or is it still running now? That guy will only pay $ 42 or almost free after statement credit from Sony Reward point.[/quote]

Yea, I just checked and the 20% off coupon code expired last Friday. Also both PS3 systems are listed as out of stock at dell.com now as well. Oh well, I can wait on it for now. Hopefully another coupon code will pop up from dell in the next 45 days.
 
[quote name='GLOCKGLOCK']Yea, I just checked and the 20% off coupon code expired last Friday. Also both PS3 systems are listed as out of stock at dell.com now as well. Oh well, I can wait on it for now. Hopefully another coupon code will pop up from dell in the next 45 days.[/quote]

Or you can buy the system at Circuit City since they're giving out 20% off Console now. But since they're no longer CC technically, but liquidators, not sure if they're still consider authorized dealer.

But probably will, since I know that if you buy at CC now, the manufacturer still covered the warranty.

I'm applying for the playstation card now. A nice 2nd PS3 system / BD Player for the bedroom.
 
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[quote name='gi60']Apparently, some people in SD tried to purchase the PS3 from Dell, and got the $100 credit. He posted a screenshot of his online statement as a proof.

He also mentioned that he used the temporary number that popped right after he got instant approval.
[/QUOTE]
Wow, those guys were braver than me. I decided to buy at a Sony store after calling about the offer multiple times. The written terms definitely seem to indicate you don't need to buy from Sony, or even buy a PS3, but most of the phone reps told me I did. Oh well. The real shame is that I bought a PS3 right away to play the Killzone 2 demo, and I wasn't impressed. I only care about the multiplayer though, so I'm still holding out hope. Anyone else hate the PS3 controller compared to 360? I may buy that adapter that lets you use a wired 360 controller on PS3.
 
[quote name='gi60']Or you can buy the system at Circuit City since they're giving out 20% off Console now. But since they're no longer CC technically, but liquidators, not sure if they're still consider authorized dealer.

But probably will, since I know that if you buy at CC now, the manufacturer still covered the warranty.

I'm applying for the playstation card now. A nice 2nd PS3 system / BD Player for the bedroom.[/quote]

Hey, keep us up to date on what happens if you do buy at CC. Hopefully you will get the $100 credit quickly.
 
I'm really liking this card... just got my first statement and it has the $100 PS3 purchase credit plus I already have enough reward points for an extra controller. Not to mention I already got a free Blu-Ray remote just for registering 5 Sony products. In another 2 months I should have the $200 bonus credits too.
 
^ Where did you purchase your PS3?

I hope other CAG starts to realize that this is a good promo and take advantage of the deal. :)
 
[quote name='gi60']^ Where did you purchase your PS3?

I hope other CAG starts to realize that this is a good promo and take advantage of the deal. :)[/quote]

Yea, it would be helpful for anyone who received their $100 credit to post where they purchased the PS3, and how long after the purchase posted did they see the $100 credit show up.
 
Yeah this is a pretty awesome deal. Close to 10% cashback are you kidding me? 3k purchases in 6 months is nothing. Gonna hit it up when I get home from work. Can't believe I didn't look at this sooner. Just a clarification, I'm almost positive you don't have to use the credit on a ps3. I took advantage of a sony card deal a while back and the credit went onto my account after I hit the proper amount of purchases.
 
[quote name='GLOCKGLOCK']Yea, it would be helpful for anyone who received their $100 credit to post where they purchased the PS3, and how long after the purchase posted did they see the $100 credit show up.[/quote]

$100 credit always show in the 1st statement from my personal experience last year with my wife's Sony Card, which we use to buy a laptop. And a lot of people from SD or CAG also confirm that they receive it within days from various Sony credit card deal.

I hesitate to pay $100 for a 2nd PS3, but for $ 42 before reward.. seems like a no branier. Now I just need to find a Circuit City that has it in stock or praying that the Dell discount is back. :)

By the way, just write down the temporary number.. just in case the Dell discount is back and you haven't receive the actual card.

Here is the math at Dell or Circuit City 20% off

$ 400 - 20% off = $ 320 + tax (8.25% LA) = $ 346
Statement Credit = $ 346 - $ 300 = $ 46
Reward Point converted into statement credit:
2% at 346 = $ 7
1% at $ 3000 = $ 30

Grand Total: $ 46 - $ 37 = $ 9... WOW.
 
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[quote name='gi60']$100 credit always show in the 1st statement from my personal experience last year with my wife's Sony Card, which we use to buy a laptop. And a lot of people from SD or CAG also confirm that they receive it within days from various Sony credit card deal.

I hesitate to pay $100 for a 2nd PS3, but for $ 42 before reward.. seems like a no branier. Now I just need to find a Circuit City that has it in stock or praying that the Dell discount is back. :)

By the way, just write down the temporary number.. just in case the Dell discount is back and you haven't receive the actual card.[/quote]

Yea, I have the temporary number and just received the actual card in the mail yesterday. I was just waiting on the right deal. I didn't want to jump in on the dell deal without a more definitive confirmation. If it comes back I will probably just buy from there, unless you or someone else has success going the CC route. My local store had a bunch of PS3s there when I was there last week.

I agree that it is a great deal and more people should take advantage of it, even if you already have a PS3 and just are looking to use it as an extra BD/DVD player, paying under $50 for that is a no brainer. Plus you get the sony reward points on top of that as you pointout.

The shame of it is that after your OP which explains the deal there are 5 pages of flames/arguments from people that can't comprehend the deal, don't understand how credit and credit cards work, or just want to bash Sony and the PS3.
 
[quote name='gi60']^ Where did you purchase your PS3?

I hope other CAG starts to realize that this is a good promo and take advantage of the deal. :)[/QUOTE]
I bought my PS3 from Sonystyle.com. I didn't want to risk buying it somewhere else and not getting the $100 credit. But it sounds like you get $100 credit just for opening the account. It shows up on the statement as "New Cardmember Credit".
 
[quote name='hayamakun']Just a clarification, I'm almost positive you don't have to use the credit on a ps3.[/quote]

Correct. Here is the fine print:

"Your first single sales receipt purchase equal or greater than $299 ("Qualifying Purchase") must be made by 3/31/09 and will automatically qualify you for a first $100 Statement Credit."

Buy a laptop or an XBOX and get $300 off.
 
Is there any type of rewards or cashback, etc. that's offered by the card after you've used up the $100 statement credits? Just wondering because I don't feel like applying for another card simply to get a deal on a PS3, however if the card had features offered by other cards then I might be more willing to take the plunge.
 
Wow, seems like a great deal. I run my eBay business entirely on credit and easily spend over $1,000 a month. It takes $5,000 spent for me to just get a $50 Best Buy card, so $3,000 for $300 off of a PS3 is a killer deal. I might have to look into this.
 
i signed up for this and will be paying my tuition with the card. i'll have 3000 in like 2 months. and by the way, i called sony to verify what an "everyday purchase" was, and the rep told me anything that isn't a Sony product purchase counted. so it looks like going to college WAS a good idea.
 
[quote name='Naramie']Is there any type of rewards or cashback, etc. that's offered by the card after you've used up the $100 statement credits? Just wondering because I don't feel like applying for another card simply to get a deal on a PS3, however if the card had features offered by other cards then I might be more willing to take the plunge.[/QUOTE]
You get Sony Rewards points that can be used to purchase Sony products. See this thread for details:

http://www.cheapassgamer.com/forums/showthread.php?t=210332
 
[quote name='Liver Kick']Correct. Here is the fine print:

"Your first single sales receipt purchase equal or greater than $299 ("Qualifying Purchase") must be made by 3/31/09 and will automatically qualify you for a first $100 Statement Credit."

Buy a laptop or an XBOX and get $300 off.[/quote]

Yea, I just re-read the T&C and I think this is correct. They try to trick you into buying a PS3 though with this statement:

Apply now for the PlayStation® Card, be instantly approved and for a limited time receive a $100 card credit when you purchase a PLAYSTATION®3 system at SonyStyle.com or by calling 877-865-SONY (7669) with your new PlayStation Card1
Click to expand...


But when you read the actual T&C that Liver Kick posted above it does not indicate that you have to buy a PS3 with your first purchase, just that it has to be over $299.

Wow, a great deal just got better!
 
This is a pretty good idea. Its not like you have to buy $1500 worth of PS3 games! You can pay your internet bill! Pay all your bills and rent with this card and you be good to go! Thanks Sony! If I needed a PS3 I would be down.
 
Yeah just be careful and don't screw up like I did and go over your credit limit because they charge a $39 fee. I'm so used to putting everything on my credit card and I didn't realize my limit with this card was so low. Most of my other cards have at least a $20K limit but this one started ridiculously low at $2,250 for some reason. I need to call and ask if they will raise it.
 
[quote name='GLOCKGLOCK']
But when you read the actual T&C that Liver Kick posted above it does not indicate that you have to buy a PS3 with your first purchase, just that it has to be over $299.
[/size][/quote]

This is correct. I just got my $100 credit for a non-PS3 purchase at Amazon.
 
[quote name='gi60']^ Do you charge $300 on your 1st purchase or a total of $ 300 from several purchases?[/quote]

I charged $300 in one purchase. I'm not sure if you can do several purchases.
 
What kind of rewards do we get from Sony? From earlier posts, we get 1 point per dollar spent outside the Sony Store and each point is basically 1 cent. If we get the PS3 from the Sony Store, we get 5x points and 3x points from authorized dealers. And there's the Dell's 15% off offer. So many factors are making my head spin.

What about using an already existing cash back credit card like Blue Cash American Express or whatever Discover card offers?

I'm planning to buy an HDTV and PS3 so I'm weighing my options here. (Plus there's the matter of hunting down a used backward compatible 60GB PS3 instead of a new gimped 80GB PS3).
 
alright i dove in due to the fact that AMX [primary CC] inexplicably reduced my credit line by 50% without telling me a word. And no I have never defaulted on my bills or even paid just the minimum on a balance.

Got instantly approved and plan on making random purchases, i'll post back with results.
 
The coupon at Dell.com is now 20% valid until Feb 18.
Coupon code PLDWH47D$6BT2J

The temporary number that Chase gave during instant approval is only valid at Sonystyle.com... so you have to wait for the actual card to use at Dell or anywhere else. Well, you have a week now. :)
 
Oh man, this thread has been really funny to read. Thanks for posting the deal Op and giving me many laughs from the stupid people who do not understand how a credit card works. Too bad I can't afford a credit card (no job) and I have a PS3 already.
 
[quote name='gi60']The coupon at Dell.com is now 20% valid until Feb 18.
Coupon code PLDWH47D$6BT2J

The temporary number that Chase gave during instant approval is only valid at Sonystyle.com... so you have to wait for the actual card to use at Dell or anywhere else. Well, you have a week now. :)[/quote]

That is not true. I just did the dell deal with the 20% coupon with my "temp" number without any problems. So either I get a ps3 for $39.99 with all 3 $100 credits or worse case scenario is that I only get the 2 $200 credits, it is still a $139.99 PS3 which is still CHEAPER than going through sonystyle.com!!!
 
^ Did you just apply today? I applied 2 or 3 days ago.. and my temp "3 digit" number doesn't work. :( I have to wait for my card that should be here tomorrow or Saturday.
 
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