Three hot credit card perks
Credit cards are part of what got the world into this economic mess. But if you're willing to game the system a little, you can score some free swag by opening a new credit card account.
According to MoneySavingExpert, if you have the discipline to stick to the terms and conditions, you can get a card, take advantage of the extra goodies, pay off the bill in full, then cancel the card. You should also only spend the minimum required to get the extras. That way you'll be more likely to pay it off quickly.
So, with no further preliminaries, here are three interesting credit card deals that are hot right now:
1. The Play.com credit card. Self-described as "the most entertaining card on the web," the Play.com card offers you 0% interest on card purchases for nine months from the day your account is opened, and 0% on balance transfers made within 90 days of card activation. If you spend £150 on purchases within 90 days of your account opening, you get 1500 bonus PlayPoints that you can spend on Play.com. If you decide to stick with the Play.com card beyond the 90 day bonus period, you'll earn PlayPoints that are redeemable for Play.com gift vouchers every time you use your card. The typical APR is 15.9%.
2. The easyJet MasterCard. They have an introductory offer where you spend £250 within the first 90 days of your account opening and get 4,000 easyJet Miles. These are redeemable for easyJet flights of up to £40, including taxes. If you keep your easyJet MasterCard beyond the introductory bonus period, you'll get 1 easyJet mile for every £1 you spend in the UK, 2 easyJet miles for every £1 you spend in other countries, and 3 easyJet miles for every £1 spent on an easyJet flight. Typical APR with the easyJet MasterCard is 16.9%.
3. The Barclaycard Goldfish Credit Card. When you spend £100 per month for three months from the time your account opens, you'll receive £30 in extra reward points redeemable at popular high street stores. You'll pay (typically) 9.9% interest on every purchase and balance transfer you make. Beyond the introductory period, you'll earn 1 point for every £1 you spend, with no limit.
There are comparatively good credit card offers out there that you can take full advantage of if you spend what is required, collect your points or miles, and then either pay off your balance every month or cancel your card.