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I can't speak to that. Sony frequently changes the "apply for our card offer". When I did, the offer was for 100,000 Sony Rewards points. You can use them to purchase things from the "Rewards Catalog". You can also have the points converted to pennies and applied to your card balance, which is exactly like getting a $100.00 credit.
If the question was, "does it really take 8-12 weeks", all I can say is, the offer I accepted, has taken 12 weeks to be fulfilled. Or will, in a few more days.
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