Play your cards right to cash in on credit deals

USED correctly, credit cards are a gift to sensible consumers. They provide interest-free loans, superior consumer protection, reward card holders for spending and even help get fans to football games.

With such an array of cards on offer, however, it can be difficult to know which card is right for you, which perhaps explains why so many people carry around unused plastic.

Some 25% of Scots admit to owning three or more credit cards while using only one or two. The extra cards are never used after introductory offers have expired, according to financial comparison site MoneyExpert.com. Experts recommend cancelling all unused cards, not least because holding so many can affect a person's ability to tap into the best current deals.

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