Details of pros

No Annual Fee: Unless your main objective is credit building, the GameStop Credit Card is unlikely to be your only option. After all, you can only use it to make GameStop purchases, and we all have thousands of dollars in non-GameStop spending that we can put on plastic each year.

As a result, the card’s lack of an annual fee is essential. It enables the card’s modest rewards to benefit you rather than simply help to counteract a fixed cost and thus gives the card a place in certain spending arsenals. Not having to pay an annual fee makes it easier to keep the card open indefinitely — especially one that isn’t your main spending vehicle — which figures to boost your credit score by increasing the average age of your loans and lines of credit.

Details of cons

Meager Rewards: Simply making a single purchase with the GameStop Credit Card will score you N/A initial bonus and ongoing 10 points per $1. And if you have a PowerUp Rewards Pro membership, which costs $14.99 per year, you’ll actually get 20 points per $1. The initial bonus is redeemable for a gift certificate of $5, or for a variety of merchandise options that tend to provide less value. That means paying $14.99 for an extra 10 points isn’t worth it.

Ultimately, you’d think a company that deals in video games would understand the power of rewards. But that clearly doesn’t seem to be the case.

Above-Average Regular APR: Gaming-related purchases are the type of luxury that you should never have to go into debt to afford. You should therefore strive to always pay your GameStop Credit Card’s monthly bill in full, especially since doing so will enable you to avoid the card’s 26.99% (V) variable APR. The average APR among credit cards for people with fair credit is 22.84%, and the average for store credit cards is 23.93%, according to WalletHub’s latest Credit Card Landscape Report. 

Deferred-Interest Promotional Financing : While not currently active, the GameStop Credit Card used to offer six-, nine- and 12-month 0% financing deals, depending on the amount of the purchase in question. Such a deal could save you some money on interest, but it could also come back to bite you. That’s because GameStop financing features a nasty component known as “deferred interest,” which promises to leave you with interest that applies to your entire original purchase amount if you don’t pay your monthly bills on time during the financing term or you don’t pay off your full balance by the time regular rates take effect.