game stop doesn't see a dime of that interest anyways.the card is financed by an independent bank. The more you pay in a payment the less you pay in interest in the long term. A MINIMUM payment is required and any smart person with a credit card would wanna get it paid off as soon as possible. the minimum paying is not a "this amount only" price. If you are worried about paying a credit card for years on end them you obviously don't need a card in your life because your are just that irresponsible of a person. i even have a couple and i have no problem managing them at all. there are many store credit cards out there with the same interest rate. Tune in to GameSkinny for all the latest news, tips, reviews, and guides.Ģ7% is not an all time high APR for a store credit card. Let us know what you think in the comments. It's a recipe for disaster aimed at getting gamers into long-term financial debt for corporate benefit, and to me that's not good business. I don't know about you but a GameStop credit card sounds like a bad idea in every way to me. It'll take you more than 8 years to pay off $720, and you’ll pay $914 just in interest- in interest! The long-term financial damage it'll cause for those who don't pay attention can be catastrophic. Imagine buying one $60 game each month for a year, then paying only the minimum amount. The "Special Financing" offers allow you to buy a lot on a low-interest rate, and then get slammed with the 27% rate at the end of six months if the balance is not paid off. That's twice the current fixed rate for credit cards of 13%, nearly twice the variable rate of 15% and at least 3% points above the APR that people with horrible credit get. The card will offer an interest rate of 26.99% APR. Rumor is that you’re "pre-approved" if you’re already a member (though it's unconfirmed at this time).
#Gamestop powerup cards pro#
PowerUp Basic members get 5,000 PowerUp Points and Pro members get 15,000 PowerUp Points just for signing up and exclusive offers will be offered to cardholders. GameStop will soon be offering a credit card to its customers within the next few months.
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