By using this site, you agree to our Privacy Policy and our Terms of Use. Close
Vetteman94 said:
phnguyen89 said:
Okay, to those of you who are listening to people to avoid the credit card, just forget what they said. I have a wamu card (just got it when wamu wasn't chase to get free credit rating), chase visa, discover, and barnes and noble. When I looked at the free credit rating from wamu, I have 745 rating. Their system boosted my rating because I pay in full each month. The only time my credit went down is when I closed my bank account at bank of america to switch to wamu.

Here is how to use the Sony style credit card:
Buy a ps3 using it at the sony website. The card is zero interest for 12 months.
Don't pay off the debt until the $300 is cut to $200.
Then pay it in full.
Put away the credit card.

You still have to make the minimum payments otherwise you lose the 0% interest deal, you miss one payment during those offers and the deal is off.  Its the way all 0% deals work.   

So for those of you thinking of listening to this guy, forget what he said.

Even if you would loose the 0% interest rate, do you know much interest or time it would take before it would cost you more than 100$ of interest. I mean even if they would charge 29.95% percent of interest per year (which is unlikely since the sony card is Visa), you would need to wait and not pay for a complete year before paying 100$ of interest.

Anyway if you would go and purchase the PS3 with real money, why you wouldnt pay the minimum payment on the card?? You would need to be pretty desorganize.