GameStop Credit Card: Full Review PowerUp Reward

GameStop Credit Card

GameStop is a popular destination for gamers who want to buy new or pre-owned video games, consoles, accessories, and collectibles. If you are a loyal customer of Game Stop, you might be tempted to apply for the GameStop Credit Card, which is issued by Comenity Bank. However, before you do, you should know that this card has very few benefits and a lot of drawbacks. In this article, we will review the pros and cons of the GameStop credit card, and compare it with some better alternatives.

Good Side About GameStop Credit Card

Unlock benefits with the GameStop Credit Card: no annual fee, 10% off the first purchase, promotional financing, and PowerUp Rewards perks. Here is for the complete list :

No Annual Fee

The GameStop credit card stands out with its lack of an annual fee, a positive feature appreciated by cardholders.

10% Off First Purchase

New cardholders enjoy a 10% discount on their initial GameStop or gamestop.com purchase, making it a valuable incentive for significant buys like consoles or bundles.

Promotional Financing

The GameStop credit card occasionally provides enticing promotional financing, such as 0% APR for 6 or 12 months on specific purchases. This option allows users to manage gaming expenses without incurring interest, given the balance is paid in full within the promotional period.

PowerUp Rewards Membership

The GameStop credit card automatically enrolls users in the PowerUp Rewards program. While offering points for every dollar spent, exclusive offers, coupons, and a birthday reward, it’s important to note that these benefits can be accessed without the credit card. Additionally, compared to other loyalty programs, the perks may not be as impressive.

Bad Side About GameStop Credit Card

GameStop Credit Card Review

Bad Side OF Game Stop Credit Card

Uncover the downsides of the GameStop Credit Card. See the detailed list revealing its high APR, lack of rewards, restricted usability, and the inability to transfer balances or access cash advances below :

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High Interest Rate (APR 26.99%)

The GameStop credit card carries a notably high APR of 26.99%, surpassing averages for store and general credit cards. Carrying a balance may result in substantial interest payments, offsetting potential savings or rewards.

No Rewards Program

Unlike most counterparts, the GameStop credit card lacks a rewards program. Users miss out on cash back, points, or miles, limiting opportunities to save and earn rewards on their purchases.

Limited Usability (Closed-Loop Card)

The GameStop credit card operates as a closed-loop card, exclusively usable at GameStop stores or online on gamestop.com. This restricted acceptance contrasts with open-loop cards, widely accepted by various merchants.

No Balance Transfers or Cash Advances

Offering no option for balance transfers or cash advances, the GameStop credit card lacks flexibility. This constraint may impact users needing to consolidate debt or access emergency funds.

Better Alternatives to the GameStop Credit Card

Given the limited benefits and the high costs of the GameStop credit card, you might want to consider some better alternatives that can help you save money and earn rewards on your gaming purchases and more. Here are some examples:

Wells Fargo Active Cash® Card:

The Wells Fargo Active Cash® Card provides a flat 2% cash back on all purchases without any categories or limits. With no annual fee, a 0% intro APR for 15 months on both purchases and qualifying balance transfers, and a $200 cash rewards bonus for spending $1,000 in the first 3 months, this card offers flexibility and rewards. Accepted anywhere that takes Visa, you can redeem your cash back for statement credits, direct deposits, gift cards, or charitable donations.

Citi® Double Cash Card:

The Citi® Double Cash Card offers a unique double cash back feature, providing 2% cash back on every purchase – 1% when you make the purchase and an additional 1% when you pay your bill. Boasting no annual fee, a 0% intro APR for 18 months on balance transfers, and versatility with Mastercard acceptance, this card allows redemption for cash back through statement credits, direct deposits, checks, or gift cards.

Capital One Quicksilver Cash Rewards Credit Card:

The Capital One Quicksilver Cash Rewards Credit Card earns you 1.5% cash back on all purchases with no categories or limits. With no annual fee, a 0% intro APR for 15 months on purchases, and a $200 cash bonus for spending $500 in the first 3 months, this card offers flexibility. Accepted anywhere that takes Visa, you can redeem your cash back for statement credits, direct deposits, checks, gift cards, or charitable donations.

Conclusion

The GameStop credit card might sound appealing to gamers who shop frequently at GameStop, but it is not a good deal for most consumers. The card has a high interest rate, no rewards, limited use, and no balance transfers or cash advances. You can get better value and flexibility from other credit cards that offer cash back, low interest, and wide acceptance. Therefore, we do not recommend the GameStop credit card, and suggest that you look for other options that suit your needs and preferences.

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