GameStop PowerUp Rewards™ Credit Card
The GameStop PowerUp Rewards credit card offers bonus points to cardholders after they make their first purchase. You’ll get 5,000 points if you’re Basic member of the PowerUp Rewards program and 15,000 points if you’re a Pro or Elite member. Additionally, every $250 spent on the card turns into another 5,000 bonus points in your PowerUp Rewards account.
The points can be redeemed for GameStop or ThinkGeek rewards certificates, sweepstakes entries, gaming gear and more. You have to be a PowerUp Rewards member to apply for the card and to view the full rewards catalog.
Given its specific niche, this rewards credit card is not the best option for everybody. And with its high 27.99% APR, it probably isn’t the best option for gamers, either. If you’re new to credit management and would like to establish some history, this card might be easy to be approved for with a mediocre credit score. Otherwise, the perks are lackluster and won’t benefit most consumers.
Features and Benefits
PowerUp Rewards Pro and Elite members will receive 15,000 bonus points after signing up for the card and making their first purchase. Basic members will receive 5,000 bonus points. The card itself charges no annual fees, but Pro membership costs $14.99 per year, and Elite membership costs $29.99 per year.
Additionally, you will earn another 5,000 points for every $250 you spend at GameStop, which can be accumulated over multiple transactions throughout a calendar year.
It’s possible to use the card for both in-store and online GameStop purchases, so there’s a convenience factor. Unfortunately, the card is not part of the Visa or MasterCard networks, which means it cannot be used anywhere else. It also means that your rewards are confined within the GameStop brand.
What You Get
- After making your first purchase, you’ll get 5,000 points if you’re a Basic member 15,000 points if you’re Pro or Elite
- 5,000 points bonus for every year you spend $250 at GameStop
- No annual fee
- Exclusive cardholer offers
Points earned with the GameStop credit card can be redeemed in the online rewards catalog or via the mobile app. You can make redemptions for gaming gear, gift certificates, collectibles and more.
The GameStop PowerUp Rewards credit card does not offer any special financing to cardholders. In fact, the Annual Percentage Rate is rather high at 27.99 percent.
You may be offered a deferred-interest plan at some point, but in that case you’ll have to pay off the balance by the end of the promo period or interest will apply retroactively. Many store credit cards offer high rates, but this card’s APR is among the highest, which is a big negative. If you apply for this card and use it to make GameStop purchases, I recommend paying off your balance every month to avoid paying interest.
The GameStop PowerUp card does not offer cardholders any unique perks or benefits.
How Much Will You Earn?
Basic members earn 10 points per dollar spent at GameStop, so a $100 purchase will result in 1,000 points. Pro members earn 20 points per dollar spent, and Elite members earn 30 points per dollar. Points do not accumulate for taxes, fees or discount coupon redemptions. Keep in mind that Pro and Elite membership costs $14.99 and $29.99, respectively.
PowerUp Rewards points can be redeemed for gaming gear, exclusive offers and collectibles, to name a few options. Rewards certificates redeemed via the rewards catalog can also be used toward eligible GameStop merchandise found in stores and on the app.
- Basic members
- Pro members
- Elite members
Participating in the PowerUp Rewards program is required to be a cardholder, but being a cardholder is not required to participate in the rewards program. You must be at least 13 years old to enroll in the PowerUp Rewards program and at least 18 to sign up for a credit card.
As far as the difference in rewards, spending $250 at the store will net you 2,500 points if you’re a Basic member. If you’re a cardholder, you will earn 2,500 points plus 5,000 points for making the first purchase plus another 5,000 points for reaching the $250 spending threshold. You can walk out with 12,500 PowerUp Rewards points, which can be redeemed at GameStop. However, beyond the sign-up bonus, there aren’t many opportunities to earn bonus points unless you spend $250 at GameStop every year.
What is the Value of GameStop PowerUp Rewards Points?
By being locked in a specific rewards program, your redemption options are quite limited. You have no choice but to use the points toward rewards certificates, collectibles or merchandise available in the GameStop rewards catalog. Point values vary from item to item. They’re typically worth about one cent each, thought the value could be a bit more or less than that. The final value depends on what you redeem the points for in the catalog.
Should You Get the GameStop PowerUp Rewards Credit Card?
If you’re a gamer, then you might be interested in the GameStop PowerUp Rewards credit card. Cardholders receive a one-time bonus of 5,000 points after making their first purchase. If you’re a Pro or Elite PowerUp program member, you’ll get a one-time bonus of 15,000 points instead.
As a Basic member, you will earn 10 points per dollar spent. If you pay for a Pro membership, you will earn double the rewards, or 20 points per dollar. And if you pay for Elite membership, you will earn triple the rewards, or 30 points per dollar. Keep in mind that the cost of the annual membership must be factored in to determine if the rewards are worth it.
Although the earning rate seems appealing, your rewards can only be redeemed toward GameStop purchases. You can exchange PowerUp Rewards points for gift certificates, gaming gear, collectibles and other items found in the GameStop rewards catalog. To keep your membership active, you must make one purchase at least once per year, otherwise it will be canceled and your points will vanish.
You can earn a 5,000-point bonus annually, but you must spend at least $250 per year at GameStop. If you can purchase games elsewhere at a lower cost, you might not be able to reach the bonus threshold every time. Let’s say the average videogame costs $50. You would have to buy at least five videogames every year to hit the bonus.
On the bright side, the card doesn’t charge annual fees. It is easy to keep it year after year and increase your average age of accounts as well as solidify your credit score. The main appeal of the card is that it’s easy to qualify for with a mediocre credit score, but please mind the high interest rates. It’s best to pay off the balance every statement and not carry a balance. Otherwise, the high APR will negate all your rewards.
If it’s rewards you’re after, there are plenty of cashback and travel cards on the market that will do the trick. Gamer or not, you can earn more back just by using a simple cashback credit card. The bottom line is that there are few consumers that will benefit from having the GameStop PowerUp Rewards credit card.
Need more info? Check out our frequently asked questions. If you have other questions, please click on “Ask Now” below.
- Avid gamers who would like to apply for this rewards card must have a Fair credit score to be approved. If your score hovers around 630, you’ve got a good chance. Although approval is not guaranteed, use the score as a guideline.If your credit score is lower, your results will vary. You may still be approved, but I recommend looking for ways to solidify your credit history first. To find out where you stand with the credit bureaus, check with one of the free services, such as Credit Karma or Credit Sesame. You should know your credit score before applying for any additional credit lines.
- GameStop PowerUp card is not issued as a Visa, MasterCard, American Express or Discover card and cannot be used at any other retailers. The card can be used either in a store or online to pay for any GameStop purchase.
- PowerUp Rewards points expire if there’s no account activity posted for 12 consecutive months, so make sure to keep it active by purchasing something once per year. If you voluntarily close the account, your accrued points will be forfeited and you cannot transfer them to anyone else. You will be able to open another account in the future under a different membership number, but it will not be possible to reinstate the points.
- Cardholders receive a one nice perk. They earn 5,000 points after spending $250 at GameStop. That’s like earning and extra 20 points per dollar on top of the usual rewards.The $250 does not have to be spent in one transaction. The spending threshold can be accumulated over multiple transactions, but they have to be made before a calendar year is over. If not, the spending resets back to $0, and you have to start over. Make sure to keep track of your spending, and if you have a large purchase that would earn you the 5,000-point reward, be sure to make it before the end of the year.
- You can choose to redeem you PowerUp points for GameStop rewards certificates in increments of $5, $10 or $15. Rewards certificates expire 60 days after being issued, so make sure to use them. No minimum purchase is required, but if the purchase adds up to less than the certificate’s value, no change or credit will be given.Just like points, certificates cannot be transferred to another member. If you lose the certificate or it expires before you redeem it, GameStop will not reinstate its value. Once it’s gone, it remains gone, so treat your certificate like cash.
- Yes, it’s possible to stack in-store offers and discounts with rewards certificates. There’s a limit of three coupons or discounts per account per day, but rewards certificates of the same value cannot be stacked.
- After your statement closes, you have 24 days to pay off your balance in full. If not, interest rates will apply to your bill. There’s no introductory APR offer.We’ve mentioned that this card charges 27.99% APR. Even when compared to other store credit cards, the interest rate is high. In order to avoid paying half your rent in interest and erasing the value of your rewards, we recommend paying off your bill in full every month. Doing so will help you establish an on-time payment history and, in turn, increase your credit score over time.
- At checkout, you might be offered a deferred interest promotion payment plan. That will give you a certain amount of time to pay off the purchase without accruing interest. If you do not pay off the entire balance within the promo period, all the deferred interest that accrued from the purchase date will be billed.The main strategy here is to pay off your balance before that happens. To avoid paying interest, I recommend dividing up the balance by the number of months in the promo period and paying no less than that amount every month. You don’t want to get behind on your payment plan.
Some Alternative Cards for GameStop Shoppers
Although store cards offer more options to consumers, cashback cards offer more value in most cases. The GameStop credit card earns higher rewards than most store cards on the market, but the rewards themselves have limited value and can be redeemed via the GameStop rewards portal only. Let’s take a look at a few cashback cards whose rewards are more flexible.
- Discover it® - Cashback Match™
Up to 5% cash back offerRead Review
- Citi® Double Cash Card
1% cash back on purchases and 1% as you pay for those purchasesRead Review
- QuicksilverOne® Cash Rewards Credit Card
Earn unlimited 1.5% cash back on every purchase.Read Review
- Barclaycard CashForward™ World Mastercard®
$200 cash rewards offerRead Review
Best Cashback Card
The Citi Double Cash card earns 2.0 points per dollar on all purchases. You’ll earn 1 percent back when you make a purchase and another 1 percent when you pay off the balance. It’s really that simple. Rewards are unlimited, and the card costs nothing.
The best part is that there are no category restrictions or monthly limits. Every single purchase earns cash back. Rewards can be applied toward any statement in any amount. Gas? Groceries? Videogames? Yup, 2.0 points on all of it! When it comes to cash-back credit cards, Citi Double Cash is one of the best options on the market right now.
Best Rotating Category Card
The Discover it card earns 5.0 percent cash back in popular rotating categories, such as grocery stores, drug stores, restaurants, gas stations and movie theaters. Although the bonus cash back is capped at $1,500 every quarter, there’s no limit to how much you can earn at the 1 percent rate.
At the end of the first year, Discover will match all the cash back you’ve earned, essentially doubling you’re earnings for the year. All you have to do is sit back, relax and reap the rewards. The card doesn’t charge annual fees, and the rewards can be redeemed toward anything.
Biggest Sign-Up Bonus
Earn a $200 cash bonus with the Barclaycard CashForward World MasterCard after spending $1,000 in the first 90 days after approval. The card earns 1.5 percent cash back on every purchase with no limits or spending categories.
Cash rewards do not expire for as long as the account is open, but redemptions have a minimum threshold. Redemptions start at $50 (or 5,000 points). You can receive a check, a gift card or a deposit into your bank account. This cashback card charges no fees and offers a nice welcome bonus to first-time cardholders.
Lowest Spending Requirement
Earn a $150 cash bonus with the Quicksilver from Capital One card after spending just $500 within the first three months. The card earns 1.5 percent cash back on every purchase with no limits or spending categories. You don’t have to keep track of your bonus categories or worry about caps on your rewards.
Cash rewards do not expire for the life of the account, and rewards can be redeemed in any amount. This cashback card charges no fees and offers a nice welcome bonus to first-time cardholders.
Whenever you apply for a credit card make sure you read the terms and conditions of the card and the rewards program to find out about minimum spend requirements and any restrictions to ensure you can successfully obtain the card and earn the rewards it offers.
Good credit score
IssuerComenity Capital Bank
Card Terms and Conditions
While it's easy to focus on the benefits of the GameStop PowerUp Rewards credit card, it's worth taking a closer look at the terms and conditions. There's a lot to consider as you think about how you're going to use the card. Will you carry a balance, get a cash advance or maybe make a big purchase? Below is a rundown of the various interest rates, purchase protections, security features and mobile banking options that come with this card.
- Intro APR:
- See Terms and Conditions
- Intro APR for balance transfers:
- See Terms and Conditions
- Ongoing APR:
- 27.99% Variable±
- Minimum Grace Period:
- 25 days
Cash Advance Features
- Ongoing APR:
- See Terms and Conditions
- Cash Advance Fee:
- See Terms and Conditions
Security and Protections
There’s an option to manage your account online with 24/7 access from a tablet, phone or computer. You can pay your bill, view statements and update your profile information on the go. This credit card does not come with a chip.