Last Updated on July 28, 2020 by Jake
There are countless credit cards available, all with different perks and limitations. As a gamer, choosing the right credit card can save you hundreds of dollars in the long run. To choose the best credit card for gamers, you need to consider the costs associated with the card, the rewards available for using the card, and limitations to using the card.
There is no one best credit card for gamers. For instead, while the PlayStation Card is pretty amazing, it is of little use to Xbox gamers. Similarly, the Marvel Card is advantageous to all gamers since they give cash back rewards on games purchased on online game stores but the cash value of rewards offered is lower than that of the PlayStation Card.
So what are the best credit cards for gamers? Well, keep reading to find out.
Table of Contents
Amazon Prime Rewards Visa Signature Card
If you are an avid gamer and an Amazon Prime
Reward System
Upon approval of the card, you earn an Amazon gift certificate with a cash value of $70. This is the best of all the cards looked at in this article.
- For all purchases on Amazon.com and Whole Foods, you earn 5% cashback.
- For purchases at restaurants, drugstores and gas stations, you earn 2% cashback.
- For purchases of any other product/service, you earn 1% cashback.
The cashback system with the Amazon card is simple. You don’t need to accumulate a set amount of points before you can enjoy the rewards as with cards such as the PlayStation Card, GameStop card and the Best Buy card.
If you spend a lot on Amazon, then this is the card for you. The rewards are as good as it gets and they aren’t limiting.
Costs Associated With the Card
- No annual fee
- APR – 16.49% – 24.49% Variable
- Late payment fee of $38
Card Limitations
The main limitation of this card is the requirement. You need an Amazon Prime membership to apply for this card. Additionally, you get the most rewards when you use the card on Amazon and Whole Foods payments.
Who Should Get This Card
If you have an Amazon Prime membership, then this card is highly recommended. As with store cards, be wary of the high APR. To avoid high interests, it is best to pay off the card on time.
PlayStation Card
PlayStation is one of the biggest – if not the biggest – brand in the gaming industry. With a clientele that includes millions of gamers, it comes as no surprise that the PlayStation Card from Capital One is a popular credit card among gamers. With this card, gamers receive points when they spend on Sony and PlayStation related products as well as on everyday purchases. These points can then be used to pay for PlayStation and Sony products.
Reward System
The card works by rewarding users points when they pay for purchases using the PlayStation Card.
- For purchases on the PlayStation store, cardholders are awarded 5 points on every $1 spent.
- For Sony and PlayStation purchases from authorized retailers with purchase confirmation, cardholders are awarded 5 points on every $1 spent.
- Cardholders are awarded 3 points on every $1 spent on monthly phone bills.
- A point is awarded for every $1 spent on any other product.
With a point equating to a cent, cardholders receive 5% value on all money spent on Sony and PlayStation products through authorized retailers and the PlayStation Store. To redeem points, you need to accrue a specific amount of points. For instance, 1000 points can be exchanged for a $10 store code. You can also exchange points for PlayStation games, and hardware, music, and gift cards once you register for the rewards program online.
Also, upon making your first purchase within 90 days of acquiring the PlayStation Card, you are awarded 5,000 Sony Rewards bonus points, which equates to a $50 PlayStation store code.
Costs Associated with this Card
- No annual fee
- APR – 15.49% – 24.99% Variable
- Late payment fee of $38
Card image
You can customize the image on your PlayStation Card with characters from PlayStation games.
Card Limitations
The main limitation on this card is that points accrued on this card can only be used to redeem Sony and PlayStation related products and gift cards.
Who should get this card
This card is best for PlayStation gamers who spend on the PlayStation Store frequently. Since is no annual fee associated with the use of this card, it is a great way to get the most out of your video gaming purchases. The rewards are impressive regardless of the limitations.
Best Buy Credit Card
While Best Buy offers several credit cards, our focus is the Best Buy Credit Card which has two cards under it – namely, the Best Buy Credit Card and the Best Buy Credit Card Preferred. Other cards include the My Best Buy Visa Platinum and the My Best Buy Visa Gold.
The store card can be used to make Best Buy purchases only. These include purchases made at the stores both online and in-store. When purchases are made, cardholders are awarded points which can be used to redeem gift certificates. For a gamer the rewards are enticing since they offer a wide variety of gaming related products from consoles to computers to video game titles – you name it, they got it.
Reward System
Upon receiving the card, you are given a 10% cash value reward on your first purchase. To get the most out of this, try to make this a big purchase.
- For Best Buy purchases including both in-store and online, cardholders are awarded 2.5 points on every $1 spent. This equates to 5% cash back in rewards.
- If you are using the Visa cards, you earn 2% cash value back in rewards when you spend on dining. This equates to 1 point for every $1 spent.
- Also, Best Buy Visa cardholders earn 1% cash value back in rewards when they spend on anything else using the card. This equates to 1 point for every $2 spent.
- Furthermore, Elite Plus members earn 6% back in rewards when they make Best Buy purchases. This equates to 3 points for every $1 spent.
These points can be used to redeem reward certificates. 250 points give you a $5 rewards certificate; this can be redeemed at Best Buy stores including online.
Costs Associated With This Card
- No annual fee for Best Buy Visa Platinum, and Best Buy Credit Card cardholders. There is a $59 annual fee for Best Buy Visa Gold cardholders
- APR – 26.99% (variable)
- Late payment fee of up to $38
Card Limitations
Reward certificates can only be used on Best Buy products. While this is a drawback for some, most gamers will find the rewards appealing as they offer a wide collection of gaming consoles, and games.
Also, as with many store cards, APR is high. Paying on time is important if you wish to avoid paying high interests.
Who Should Get This Card
Although the Best Buy Gamers’ club is no more, the cards offered still prove advantageous. The standard 5% cashback reward is generous and it will help you squeeze out every iota of value available to you. Just like the Amazon card, the range of products available to cardholders is immense. They also offer 0% APR financing options available. If you choose a financing option, you forgo rewards back options.
Marvel MasterCard
The Marvel MasterCard is a versatile credit card because its cashback rewards can be gotten on a wider variety of purchases as compared to both the PlayStation Card and the GameStop card. Also, there are several bonuses and discounts on Marvel purchases available to cardholders. You can get cash back rewards when you used on dining, select entertainment (this includes several game stores such as PSN, eShop, Steam, and Humble Bundle), and Marvel products.
Reward System
Upon obtaining the card and making your first purchase, you are awarded a $25 statement credit.
With this card, you earn a 3% cashback reward selected purchases (which include authorized Marvel retailers, Marvel convention booths, dining establishments, and select entertainment which include online gaming shops, movie cinemas, book shop and many more) and 1% cash back on any other purchases. You do not need to accrue a certain amount of points before you can enjoy your rewards, unlike the PlayStation Card and the GameStop card. With the Marvel MasterCard, you can earn maximum cashback rewards at many stores – many of which deal with gaming. Cashback rewards of this card are made as statement credit.
The card also offers discounts when you purchase Marvel products on the Marvel’s online shop. Also buying with the card gives you access to free shipping at certain times of the year on Marvel’s online shop purchases.
In addition to all these rewards, the Marvel Card gives you a 20% discount on tickets to the Marvel Avengers S.T.A.T.I.O.N. located in Las Vegas. You also get a 10% discount on merchandise purchased at the Marvel Avengers S.T.A.T.I.O.N.
Card Image
Similar to the PlayStation Card, the Marvel MasterCard comes in different designs. Card image designs feature Marvel characters such as Black Panther, Iron Man, Captain America’s shield, Spider-man, and a collection of heroes from the Marvel Cinematic Universe.
Costs Associated With this card
- No annual fee
- APR – 16.49% – 26.49% Variable
- Late payment fee of $37
Card Limitations
Cash value of cashback reward isn’t as high as some cards on the list – while a 3% cash value reward is decent it is not as high as the cash value reward of the PlayStation Card, and Best Buy card, which is 5%.
Who Should Get This Card
If you make a large number of Marvel purchases, then this is a good card to acquire. The cash value of the rewards is fairly high and there are many bonus rewards available to cardholders.
GameStop Credit Card
Another credit card worth looking at is the GameStop Credit Card. Similar to the PlayStation Card, the GameStop card uses a point reward system. While the cash value of points earned on the GameStop PowerUp Rewards Credit Card is not as high as that of the PlayStation Card, you can spend the point rewards on a larger selection of products.
To be eligible for this credit card, you have to be a member of the GameStop PowerUp Rewards program. This program has its own perks which are separate from the card’s. There are three forms of membership available in the PowerUp Rewards program. These include
- Player – no charge required
- Pro – $14.99 yearly fee
- Elite Pro – $29.99 yearly fee
Reward System
Once you obtain the card, you get 15,000 bonus points upon your first spend if you are a pro or elite pro member, otherwise, you get 5,000 bonus points.
You also earn points whenever you spend with this card. For every $250 spent, you are awarded 5000 points which can be exchanged for a $5 certificates which equate to a 2% cash value back. The points can be used at GameStop stores. GameStop PowerUp Rewards Credit Card also offers exclusive deals to cardholders. Also, cardholders may be eligible for promotional financing.
Costs Associated With this card
- No annual fee
- APR – 27.24%
- Late payment fee of $38
Card Limitations
Compared to other credit cards in this article, the GameStop PowerUp Rewards Credit Card points don’t translate to much value wise. While the PlayStation Card’s reward points translate to a cash value of 5% on all Sony and PlayStation payment, the GameStop PowerUp Rewards Credit Card reward points translate to a cash value of just 2% on payments made with the card. In addition, you need to spend $250 before you are rewarded points; this is tough for most cardholders.
Also, you can use the card for GameStop purchases only. Similarly, rewards earned can only be used for GameStop purchases.
Who should get this card
We have discussed several amazing store cards with great rewards. Sadly, the GameStop card isn’t one of them. With an underwhelming cash value reward of just 2% and a high APR, most people are better off overlooking this card. If however, you are a GameStop customer and you know you can pay for your card on time, then the GameStop card may just be worth looking into.
Conclusion
Choosing the best credit card for gamers is all about getting the most value for every dollar you spend. This can be done through rewards and bonus. It is also important to pay off your credit cards regardless of the one you have. Punctilious payment can help you avoid high interests while enjoying all the rewards.
Looking for more ideas? Check out our post on gift ideas for gamers next!