Sony launches PlayStation credit card

Sony has previously offered credit cards, but not, until this week, a PlayStation card, in the U.S. Also, for a limited time only, those who sign up to the new PlayStation card will receive a $150 discount on a new Sony PS3. For those who don't want to wait, you can sign up immediately, receive instant approval, and get "an immediate $150 credit when you purchase a PS3 directly through the website", bringing the total cost of an 40GB PlayStation 3 down to $249.99 (although this offer can be used with any model).

Those who don't mind the wait can sign up here, and be redeemed later on, after approval - the only difference being that, with this option, the card can be used at any retail store too. In addition to the $150 discount, gamers will also receive a coupon entitling them to a buy one, get one free offer on any Blu-Ray DVD.

Whilst the price cut, coupon and full Visa benefits will appeal to the financially stable gamers, anyone who has had recent financial issues may struggle to get one of these, with tighter lending policies, since the economic downfall. However, gamers who can get one will undoubtedly appreciate what comes with it, with Black Friday coming soon, and the Christmas period that edges closer.

Some have called this a response to Microsoft's price cuts earlier this year, and more cuts last year. However, others are sceptical, reminding us that Microsoft never required gamers to sign up for a credit card. Either way, the credit card should bring in some sales from the more financially sound gamers, although whether or not the card receives such positive reception after the special offer expires is debatable. So, what, if any, effect do you think this latest move by Sony will have on their PS3 sales, and what's your opinion of the PlayStation card?

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