![]() ![]() If I had a credit card, I accepted the terms and responsibilities that came with them. I wasn't a kid I was an 18-year-old adult that was now responsible for a budget and my own finances. The other thing I hear people complaining about is that you're pushing a credit card on kids, and that's wrong! First of all, an 18-year-old isn't a kid anymore. Apparently, if you only sell video games, you can't fall in line with an APR on your credit card that other stores have. But none of those stores are evil because video games. Other stores like Target (22.99 %), HH Gregg (29.99%), and City Furniture (29.99%) are all higher than the average APR. Macy's APR is 24.50%, while Best Buy's APR is either 25.24 or 27.99% based on creditworthiness. ![]() While that might be true for credit cards that you might get through your bank, credit cards for stores like Macy's and Best Buy are on par, if not higher than GameStop's. The sites I've mentioned say the average interest rate is somewhere between 13 and 15%. Every site, in typical news fashion, has reported that it is nearly twice the average interest rate.īig, bad GameStop is so evil for offering a credit card, just like every other store you can find in your local mall. The caveat? The credit card has a 26.99% APR. Supposedly, PowerUp Rewards members are pre-approved for the card, and it offers exclusive offers and special financing opportunities. The internet is having a stupid reaction to the news that GameStop is going to offer a credit card.ĭestructoid reported yesterday that GameStop was going to roll out a credit card with "a really high interest rate." The rest of the internet followed suit - Uproxx, arstechnica, Gamebreaker - and decided that, in the words of Uproxx, GameStop is "straight-up pure evil."įrom the leaked promotional images, GameStop's credit card is tied to the company's PowerUp Rewards program, with the primary incentive for signing up being 5,000 to 15,000 points. ![]()
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