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01 December 2008 @ 12:43 pm
Now with new and appropriate icon!  
Remember how Sony swore that they weren't going to drop the price on the PS3 this holiday season?

Well _technically_ they didn't lie. However two weeks ago they announced a "Playstation credit card." Like all new-fangled credit cards it allows you to earn points by spending money, in this case towards the purchase of Sony products. However the big kicker is that if you sign up for one between now and December 31st they will give you $150 off the purchase of a PS3. Of course depending on how it affects sales this price drop special offer may end up getting continued. I guess those of you who believed their earlier guarantee of no price drop and already purchased one within the last month and a half are just out of luck. Sorry if i'm the bearer of annoying news.

So the question is, should i take advantage of this? Is it really just a sneaky way to offer a price drop, or is there a catch? I really don't know what i need to look out for with credit card offers since i've only ever had one credit card in my life. It's even an old-fangled one without any kind of incentive program. On the one hand it seems like a shame to break that noble tradition (at least i'm going to pretend it's a noble tradition rather than sheer laziness) but if there's actually no significant catch it would be rather silly not to take them up on the offer. Especially since the only reason i've been putting off the purchase at this point is concerns about the price. (I was also concerned about the return of backwards compatibility for awhile, but i've given up on that fantasy by now.)
 
 
Current Mood: curiouscurious
 
 
 
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DonAithnendonaithnen on December 1st, 2008 08:59 pm (UTC)
Is that because you know something about credit card offers that i don't? Or just cause you don't think it's worth the effort? Up until now i've had so little interest in the pros that i've never really looked into the cons at all, but saving $150 (or i suppose looking at it the other way, getting a PS3 at least a year earlier than i would otherwise) is a pretty big pro.
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cwendy41cwendy41 on December 1st, 2008 09:28 pm (UTC)
I'm with you on this one. I've opened up accounts before because of the offers, but found that I don't use the cards much after that initial purchase. I feel bad about closing the account because it might ding your credit score (I don't remember in what circumstance), so I leave it open. But then I have to worry about the account floating around. It seems easier to have one credit card and stick with it. I have two, so that I can use the other one in case of an emergency. Easy to keep track of, easy to remember to pay the bill. When moving and needing to change addresses, having less cards is easier to work with.

Sometimes I pick credit cards based on what they look like :p I refuse to use one of my cards because it's red and I only want a silver card.

Though, if you aren't happy with your other cards (for example, not enough reward points, bad rates, etc) and this offer seems good, then I guess signing up wouldn't be bad. I'm trying to switch my card because I get no reward points with it. I usually pay off all my bills the month they're due, so not having rewards is silly.
DonAithnendonaithnen on December 5th, 2008 01:46 am (UTC)
I actually agree with pretty much all of that. I would never be tempted by this because of the reward points part of the plan (or i long since would have gotten a new credit card with rewards points already) it's just the $150 up front that's tempting me.

I looked at the various interest rates and schedules and stuff, put i don't really care _that_ much about them because i'm not planning to actually use the card for much besides the purchase that will get me $150. I was just trying to see if there was any fine print about "and if you ever use this credit card then we get your first-born child." And given that i don't plan to actually keep any debt on the thing i don't feel too bad about "rewarding" them for trying to get people to go into debt.