Tuesday, December 8, 2009
EA Launches Prepaid Visa Debit Card
Electronic Artshas announced that it has "made it easier for loyal gamers to buy their favorite EA SPORTS™ titles with the launch of the first-ever EA SPORTS branded prepaid debit card. The reloadable prepaid debit card enables users to receive a percent back from every purchase at thousands of brick-and-mortar and online retailers to redeem points (“EA SPORTS Rewards Points”) that can be used to purchase select EA SPORTS game titles."
Well, Sony has one, so why can't EA? According to GameSpot, this Visa-branded card can be used at "thousands of brick-and-mortar and online retailers," and that includes the likes of Macy's, Barnes & Noble, Wal-Mart, iTunes and more. Featured with the card is the Rewards Points program; card holders will receive 100 points per $1 in "rewards back" offered by each merchant. Basically, if you go and spend $100 and the retailer offers 2% rewards back, that'll net you 200 points. What can those points be redeemed for? Why, EA Sports games, of course! Starting on December 15, you can use your accumulated points to purchase those titles through the publisher's web site; PlayStation 3 and Xbox 360 games go for 6,500 points and you'll need 5,500 points for Wii titles. You can dump more money onto your card in any number of ways (direct deposit, funds from your checking account, etc.), and you're only restricted to a maximum daily deposit of $950 and and a monthly amount of $4,500. You do have to pay a $1.99 monthly fee but besides that, there's really no reason to pick one up if you find yourself spending a lot of money on EA Sports products each year. Some time in the future, a hardcore gamer is gonna open his wallet and you'll see cards for EA, Activision, Microsoft, Square-Enix, etc.
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The good thing about prepaid debit cards is that it doesn't incur overdraft fees since it won't allow you to purchase once you've depleted the amount you preloaded. Unlike normal debit cards issued by banks...
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