PlayStation Universe

A $299 PS3 - with a catch

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The holidays are getting closer and Sony is pulling out all the tricks to try to sell as many PS3's as possible.

Now, they are reducing the price of the PlayStation 3 to USD 299. Well, not exactly. The PS3 is still officially USD 399, but if you sign up for Sony's Sony Card you get USD 100 credit when you purchase a PS3. Not to mention, you get 12 months of no interest.

The deal seems like a rather good one if you can get your card paid off within the 12 months. Otherwise you could be looking at paying a whopping 14.49% interest on your card.

You can sign up for the Sony Card here.