Xbox Credit Card Is Now Available To Everyone With New Perks

A fool and his money…

better learn how to manage credit first people. I'm fine with my credit card as is don't need or want this because I know the fees are stupid high.

Bet those interest rates are insane.

I wouldn't be surprised if it's specifically targeted at young gamers for whom this could very well be their first credit card and wouldn't pay attention to those T&C's. Some adults too I'd imagine.

I, like most gamers, was interested in a credit card with the Xbox logo. But it's absolutely terrible deal if you look into it. Even the most basic credit cards out there will offer 1% cash back, and after $7,000 you'll have enough to buy Game Pass or anything else with the money. The interest rate is about 30% and there are many fees. Oh, but you get a free 3 months of Spotify! I can't find that anywhere else! /s

These 'deals' are laughable. I love games as much as the next person, but you have to spend so much money to get the 'perks', which are too specific, anyone can do better. You may not be able to secure a Merrill Lynch account to get some great incentives, but this is dumb. Even Wells Fargo offers better deals than this.

Getting a card with 1% cash back is better than this, and cash back deals aren't even that great.

Thanks to everyone in the comments section for asking good questions and providing useful information, like a good reporter does!

What you completely neglected to mention:

Xbox Mastercard Terms and Conditions

FIFY

"access their credit score for free"

Seriously, others charge money for the score?

Wow mr Yang, you mention all the perks but not a single word about late fees or interest rates. It sounds like an advertisement for the thing almost.

My experience with them are, the lower the annual fees are, the higher the interest rates.

Some perks might be nice though. But spending 7000 dollars just to get about 40 dollars worth of Xbox Game pass (3 months) is not awesome.