Sony Rewards and Capital One have teamed up to introduce a new PlayStation credit card, which offers players points on every purchase and grants them exclusive benefits for being a cardholder.
In a post on PlayStation Blog, Sony’s Kristin Ferrito said that those who are approved following an application will receive a $50 store code after their first purchase, and then the following reward points on every subsequent purchase:

5X points when you use the card at PlayStation Store
5x points on all PlayStation and Sony purchases at authorized retailers with purchase confirmation using a Sony Rewards Bonus Points form
3X points when you use the PlayStation Card to pay your mobile phone bill
1X points on all other every day purchases
Cardholders will also receive the following exclusive benefits:

There will be no annual fee, and cardholders will be able to customize their cards with free multiple game-themed designs. Ferrito further wrote:
Once you start racking up your Sony Rewards points (100 points is like $1 in Sony Rewards), the possibilities are endless! Redeem the points you earn for PlayStation games, consoles, downloadable content, subscription services, Sony electronics, movies, music, experiences and more. 
To learn more about the card and apply for one, head over to the Sony Rewards’ website or follow the link below.
[Source: PlayStation Blog]
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