GameStop Corp. (GME) was the first retailer in the gaming-specific niche to provide perk-filled credit cards, while several other retailers have since followed suit. There was a mixed response from the intended audience when the product was released. Some in the gaming community were concerned that GameStop was luring children into a debt trap with the original advertising that “everyone is authorized,” and the relatively high annual percentage rates (APR) also generated objections.
It’s a good thing that the regular rules of credit applications, as only individuals who are 18 or older can get credit. However, when compared to ordinary bank-issued cards, the APR is on the high side. The rewards program might be a boon to regular clients.
How Does The GameStop Credit Card Works?
The PowerUp Rewards program at GameStop is expanded with the GameStop credit card. A GameStop credit card can only be applied for by members of the program, and the card can only be used on the GameStop website or in actual GameStop stores.
Each applicant’s credit history is taken into consideration when determining the amount of credit that can be granted. By contacting customer support and speaking to a supervisor, you can request a larger limit. It is up to the consumer whether or not they choose to pay off the balance in full each month or break it down into smaller payments over time, which will accrue interest.
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How To Apply For GameStop Credit Card?
Welcome to the purpose of today’s gathering. There is no other way to efficiently apply for a GameStop credit card. Please follow these guidelines while applying for the card, assuming you’re on board with me.
To obtain this card, visit www.gamestop.com and fill out an online application. Log in from an ineligible country if you’ve been denied access. To apply for a card, go to the cards section.
GameStop Credit Card Account Signup
A credit card is the first step in gaining online access. That’s why you need to know how to apply for this fantastic credit card online effectively and smoothly. But first, learn how to register a new Gamestop account using the website that issues community cards. For the time being, this is a service for current cardholders only.
- Start your web browser and you’re ready to go. Chrome, Mozilla Firefox, UC Browser, or Microsoft Edge are all possibilities.
- https://c.comenity.net/GameStop/PublishedRegistration.xhtml can be accessed through your browser in order to register. while connected to a fast and reliable network
- You’re not a member of the account, thus you can’t log in.
- To register for access, you must leave this page.
- Enter your card information, including your social security number. Once you’ve done that, you’ll be able to use the registration form below
- .You can now complete the registration process after your card has been retrieved.
- Complete the registration process by providing as much information as possible.
Rewards and Benefits
According to the GameStop PowerUp Incentives program, customers are eligible for different credit card rewards depending on their version of membership. Basic and Pro versions of the software are available. In order to become a member for free, you have to make a purchase and get 10 points for every dollar you spend. In the rewards catalog, these points can be redeemed for gaming equipment and collectibles, as well as discounts and special offers. You’ll get double points for every dollar you spend plus unique offers and a subscription to a monthly magazine for $14.99.
When you open a GameStop credit card as a basic member, you’ll get 5,000 bonus points. 15,000 points are given to the Pro members. Additional 5,000 points for every $250 in purchases are also available to cardholders. In addition, the company guarantees special deals for cardholders.
The card is particularly beneficial to regular GameStop consumers because they may rack up points much more quickly. If a Basic member spends $250, for example, they will generally only receive 2,500 points as a reward. For the same transaction, users can get 2,500 GameStop points and an additional 5,000 points by using the GameStop credit card. The sign-up bonus of 5,000 points brings the total to 12,500 points, rather than 2,500 points.
Where Can Someone Get The GameStop Credit Card?
GameStop.com is the website where interested parties can submit an application for employment. Comenity Capital Bank, the issuer of the GameStop PowerUp Rewards credit card, also accepts online applications.
What Kind Of Credit Is Required For GameStop Credit Card?
When compared to other credit cards, GameStop’s credit standards are considered lenient. Customers with credit scores in the mid-to-low-600s have reported being approved.
The applicant’s credit rating determines the credit limit and interest rate.
Gaming retailer GameStop is looking for established credit, an ongoing source of income, and an acceptable credit score when it comes to applying for a credit card.
Where Can The GameStop Credit Card Be Used?
Only at GameStop can you use the GameStop credit card. Visa and Mastercard issued cards, on the other hand, allow for cash advances.
Alternatives To The GameStop Credit Card
A rewards percentage or no-cost financing arrangements are commonplace at Best Buy Co. Inc. (BBY), another traditional retailer that sells gaming-related products. For example, Best Buy provides a 5% rebate or a 12-month payment plan. These retailers’ gift cards are often Visa or MasterCard-affiliated, so they can be used at any store or website, not only the one where they were purchased. When it comes to credit cards from online retailers like AMZN and other big-name brands, the rewards schemes are nearly identical.
Who Should Consider The GameStop Credit Card?
The GameStop credit card should be considered by frequent gamers, GameStop consumers, and members of the GameStop PowerUp Rewards program. Customers can use the card to make purchases and then spread out the payment of their balance. In addition, cardholders can develop or improve their credit while earning additional incentives and receiving access to unique deals.
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Terms and Conditions Of GameStop Credit Card
The standard APR for the GameStop card will be 26.99 percent as of March 2021. Although GameStop’s “extortionate interest rates” were initially lambasted by the gaming industry, the rate is actually quite high, even for merchant credit cards: According to a 2020 CreditCards.com poll of retail cards, the average APR is 25.90 percent (according to the survey) (though many of the 81 cards surveyed did hit 30 percent ). For customers with strong credit, the interest rate on a normal bank or financial institution’s regular, general-purpose credit card typically falls around 20%. Again, this is typical of shop credit cards, and the GameStop credit card is no exception.
Final Lines
If you’re a serious player, getting the GameStop credit card can be a blast. As a result of its high-interest rate, it’s most beneficial to regular clients who pay off their balances on a monthly basis. To earn points for your purchases, you can shop in-store or online. You can avoid late fines and damage to your credit rating by adhering to the conditions of the agreement.
