Credit card providers are offering a host of discount and free gifts in order to entice customers back during the credit crunch.

Free flights and extra credit is available on many cards providing it's customers purchasr goods within 90 days of receiving the credit.

Sean Gardner of Moneyexpert said: “While these schemes are a clear incentive to buyers, we as customers do not fulfil our end of the bargain. It means providers have won twice by getting your business then not having to reward your loyalty.”

David Black at analyst Defaqto said: “If you don’t repay your entire balance every month you should really concentrate on choosing a card with a low interest rate instead of one offering rewards.”

This follows news that the new Bmibaby credit card from Citi offers an introductory free flight to any destination on its network when you spend £100 on the card within 90 days of receiving it.