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Despite a continuingly tough financial climate it is still possible to earn something for nothing, reveals confused.com. The comparison website has found that by doing all a household’s ‘day to day' shopping on a credit card, customers could earn some impressive rewards, including a free return flight to Dubai. Based on an average household spend of £386.30 per week on a reward credit card, and by paying off the balance in full each month, a canny credit card shopper could benefit from some of these rewards after your first year, says confused.com
Name of credit card
Type of reward
Annual credit card spend
Annual rewards earned
What rewards could buy
Airmiles Duo Credit Card (Lloyds TSB)
Airmiles
£20,087 (52 weeks at £386.30)
6478 airmiles
Return flights to Dubai or flights for four to Rome
(spend an extra £220 to bring airmiles up to 6500 and get flights to Dubai)
AmEx Platimun Cashback
Cashback
£305 (based on spending an extra £13 bringing total spent to £20,100)
With cashback on your card you can decide!
Barclaycard Platinum
Shopping rewards
£20,087 (52 weeks at £386.30)3
200 shopping rewards
£200 worth of jewellery at Goldsmiths
Play.com credit card
Play.com rewards
21587 play.com points (earn more points by shopping at play.com - 2 points per £1 rather than 1 point per £1 at other retailers)
£202 of play.com gift vouchers
"Using a reward based credit card can be a great way to earn incentives like cashback, flights and shopping vouchers,” said Joanna Garcia, head of credit cards at confused.com. “Our findings show that it is still possible to get something for nothing and that savvy shoppers really can be rewarded for using a credit card, with incentives that all the family can benefit from. "When choosing a credit card it's always important to think about how you will use it, as different cards offer different benefits depending on customers credit needs. “Customers who are able to pay off their balance in full each month are likely to benefit the most from a reward card, otherwise the benefits could be outweighed by interest charges. “For customers who find it harder to do this, a zero percent purchase card may offer a more suitable and beneficial proposition." Find out the latest credit cards on the market by receiving our MoneyMaker newsletter.
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