Sony Platinum Visa® Card

0% Intro APR No Annual Fee Full Platinum Benefits 1 Point Per Dollar Spent on Everyday Purchases

Review: The Sony Platinum Visa® Card, issued by Chase, is designed for those with very good credit who are looking for a card with a unique reward program. Through the reward program, cardholders earn one point per dollar spent on general purchases, three points per dollar spent on Sony products, and eight points per dollar spent at www.sony.com/mysony. Points can be redeemed for Sony CDs, DVDs, games, movie tickets, and electronics. There is a maximum of 250,000 points that can be earned per year, and earned points expire in five years. However, there is no limit to the amount of points that can be earned at www.sony.com/mysony. Cardholders also receive 1,500 bonus points after their first purchase. The card has a reasonable interest rate for purchases and balance transfers, no annual fee, and a 0% introductory rate that can be applied towards purchases and balance transfers for the first twelve months of membership. However, finance charges applied use the "Two Cycles Average Daily Balance" method, which is a more costly method in applying finance charges for those who occasionally carry a balance as compared to the "Average Daily Balance" method used by most card issuers. The card offers platinum cardholder benefits provided by Chase that include up to $1,000,000 in travel accident insurance, auto rental insurance, and various travel and emergency assistance services. Therefore, those who plan to spend on Sony products or shop online at www.sony.com/mysony (to earn the maximum amount of reward points) and plan to pay in full each month after the introductory rate expires (to avoid finance charges) will benefit most from what the Sony Platinum Visa® Card has to offer.

Date of Review: 2006-04-08 00:00:00

Notes: The APR for purchases and balance transfers varies according to the applicant's credit history and is either 5.99%, 9.99% or 14.99% + Prime Rate. See website for complete terms and conditions of card usage and application disclosure.

Additional Perks: Various Internet account related services. Emergency card replacement. Emergency cash replacement. Lost and stolen card reporting. Auto rental insurance. Various travel and emergency assistance services. Extended warranty for purchases. Year-end financial statement (upon request). No liability for unauthorized transactions. Up to $1,000,000 in travel accident insurance. Purchase protection. See website for additional benefits.